Housing market shows upward trend

Housing sales are picking up in Henrico County, as they are across the greater Richmond real estate market, according to a Long & Foster market report.

Chesterfield, Henrico, Goochland and Hanover counties, in addition to the City of Richmond, experienced positive trends in home sales and median sale price compared to October of last year, while inventory continued to tighten throughout the entire Richmond region.

Goochland County led the region in the increase in number of homes sold, experiencing a 43 percent increase over the previous year. Compared to October 2011, Henrico County saw an increase of 16 percent in home sales. Median sale price increased throughout the region with a year-over-year increase of one percent in Henrico.

Active inventory decreased by more than 20 percent, on average, across the Richmond region. Richmond City saw the largest decline of inventory at 28 percent compared to last year, while Henrico County experienced the second largest decline at 24 percent.

Houses continued to sell quickly throughout the Richmond region in October. Days on Market (DOM) in Richmond City was 58 days while Henrico and Chesterfield counties saw an average DOM of 63 days and 65 days, respectively. According to the Long and Foster report (compiled from residential real estate transactions within specific geographic regions, not just Long & Foster sales), the remainder of the region saw homes sell within an average of four months.

“The Richmond housing market again followed an upward trend as historically low interest rates continued to boost consumer confidence in the real estate market in October," said Jeffrey S. Detwiler, president and chief operating officer of The Long & Foster Companies.

Detwiler added that while the Richmond housing market is experiencing healthy stabilization and growth, tightening inventory can be expected to continue to push home prices up.
Bail Bonds Chesterfield VA

Applications for Leadership Metro Richmond Class of 2018 now open

Applications for the Leadership Metro Richmond (LMR) flagship program Leadership Quest are now open at http://www.lmronline.org until May 1. Community leaders from Ashland, Charles City, Chesterfield, Goochland, Hanover, Henrico, New Kent, Powhatan and the City of Richmond are encouraged to apply.

All interested candidates are encouraged to attend a recruitment reception March 8 from 5:30 to 7:30 p.m. at Markel Corporation, 4501 Highwoods Parkway in Glen Allen. The reception will give candidates the opportunity to meet current LMR members and learn more about the organization. > Read more.

Reynolds CC 4-week, 8-week classes start March 7


Classes start March 7 for Reynolds Community College’s second 8-week and third 4-week spring semester sessions. Registration for both sessions is currently open and runs through the start of classes. Students can register 24 hours per day online by visiting http://www.reynolds.edu. Students can also register in-person in Enrollment Services located on each campus. > Read more.

Public comment sought for plan to reduce impacts of natural disasters

The joint Hazard Mitigation Technical Advisory Committee for the Richmond and Crater regions is seeking public comment on the draft update of the Richmond-Crater Multi-Regional Hazard Mitigation Plan.

Hazard mitigation is the effort to reduce loss of life and property by lessening the potential impact of future disasters. The 26 localities of the Richmond and Crater regions maintain the plan to collaboratively identify vulnerabilities associated with natural disasters and develop long-term strategies to reduce or eliminate long-term risks. > Read more.

Democrat VanValkenburg kicks off Gen. Assembly campaign


Senior students at Glen Allen High School will get a personal touch when studying elections with their AP government teacher.

That teacher, Schuyler VanValkenburg, recently announced his intention to seek the Democratic nomination for the 72nd District seat in the House of Delegates. If he earns the nomination, he will run against Del. Jimmie Massie, R-Henrico, who has been unopposed for 10 years.

VanValkenburg, a 2004 University of Richmond alumnus who majored in history, is running for office for the first time. Although he has lived in Richmond since he began his undergraduate studies, aside from one year spent in Seattle, he said he never felt it was his time to run. > Read more.

Construction begins on JA Finance Park at Libbie Mill


School and business leaders from around the region, including (pictured, from left) Simon Hodges of Dominion Resources, Daphne Swanso(president of Junior Achievement of Central Virginia) and Henrico County Manager John Vithoulkas, gathered at Libbie Mill Library Feb. 23 for the Junior Achievement Finance Park construction kickoff. > Read more.
Community

Villa’s Flagler Housing wins national NAEH award


St. Joseph's Villa’s Flagler Housing & Homeless Services was one of three entities to earn the National Alliance to End Homelessness' Champion of Change Award. The awards were presented Nov. 17 during a ceremony at the Newseum in Washington, D.C.

NAEH annually recognizes proven programs and significant achievements in ending child and family homelessness.

Flagler completed its transition from an on-campus shelter to the community-based model of rapid rehousing in 2013, and it was one of the nation's first rapid re-housing service providers to be certified by NAEH. > Read more.

RIR’s Christmas tree lighting rescheduled for Dec. 12


Richmond International Raceway's 13th annual Community Christmas tree lighting has been rescheduled from Dec. 6 to Monday, Dec. 12, at 6:30 p.m., due to inclement weather expected on the original date.

Entertainment Dec. 12 will be provided by the Laburnum Elementary School choir and the Henrico High School Mighty Marching Warriors band. Tree decorations crafted by students from Laburnum Elementary School and L. Douglas Wilder Middle School will be on display. Hot chocolate and cookies will be supplied by the Henrico High School football boosters. > Read more.
Entertainment

Weekend Top 10


Given the warm weather lately, Saturday’s RVA Polar Plunge Winter Fest, benefiting Special Olympics Virginia, might actually be enjoyable! Other weekend events you’re sure to enjoy include the 14th annual Richmond Kids Expo at the Richmond Raceway Complex, the Richmond Symphony and The Taters in concert at The Cultural Arts Center at Glen Allen, and the Richmond Ballet Minds in Motion Team XXL performing at the Henrico Theatre. This is also the last weekend to check out HATTheatre’s production of “Bill W. and Dr. Bob.” For all our top picks this weekend, click here! > Read more.

 

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The J.O.B. will perform at 8 p.m. at The Tin Pan, 8982 Quioccasin Rd. Formed by Jim O’Ferrell (acoustic guitar, vocals) and Jason Crawford (electric guitar) in 2008, The J.O.B. has evolved into a compelling alternative rock band with a music portfolio including four albums and three Top 40 songs. Rounding out the group are Len DuPilka (electric bass) and Erin Bandy (drums). Doors open at 6 p.m. Tickets are $10. For details, call 447-8189 or visit http://www.tinpanrva.com. Full text

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