Royal Dominion Homes

Will the Housing Crisis End in 2012?

2012-03-23T18:06:37Z

Capital Economics expects the housing crisis to end this year, according to a report released recently. One of the reasons: loosening credit. Banks are now lending amounts up to 3.5 times borrower earnings. This is up from a low of 3.2 times borrower earnings in this housing crisis.

Banks are also loosening loan-to-value ratios (LTV), which Capital Economics identifies as one of “the clearest sign yet of an improvement in mortgage credit conditions.”

According to some indicators, now is the time to think of buying. Indicators are showing that the five “I”s of buying a home are all saying may be the time. What are the five “I”s?

Interest Rates
Investment
Inventory
Incentives
Ideal Location

Economic indicators predict that the housing crisis will end this year, sp as things turn around home prices will go back up. Think if think purchasing a home now is a goal for you. Royal Dominion Homes can help you get the process started.

Photo via blog.royaldominionhomes.com

Enjoy this Year’s ‘Easter on Parade’ in Richmond

2012-03-23T16:10:14Z

Easter on Parade

On Apr. 8 from 1 p.m. to 5 p.m., a four-block section of Monument Avenue in Downtown Richmond will be transformed into the site of a beloved local tradition, Easter on Parade.

Last year, over 40,000 people and pets packed the city’s grand avenue, between Allen and Davis Avenues, for the festive celebration that ushers in the arrival of Spring and the rich historical beauty of Monument Avenue.

Presented by Kroger and produced by Venture Richmond, the annual event is free to the general public and includes food, local musicians, arts and crafts, kid’s activities and petting zoo, and the ever-popular costumed parade to showcase your favorite Easter bonnet.

Fun-filled events like Easter on Parade demonstrate the wonderful quality of life are further reasons why more and more people are buying homes in the greater Richmond area.

Follow all the latest upcoming events in beautiful Richmond on the Venture Richmond Facebook Page.

100th Anniversary of Maymont’s Japanese Garden Celebrated with a Photo Contest

2012-03-22T16:25:37Z

Maymont's Japanese Garden Celebrates100th Anniversary

Everyone in the Richmond area should get your digital cameras out. To celebrate the 100th anniversary of Maymont’s Japanese Garden, the garden is holding a photo contest. The best images will be displayed at the Crossroads Art Center starting May 18.

Entries are being accepted now through Mar. 30. The winner will receive an iPad, a professional portrait session and a Maymont membership. There is no limit to the number of entries per person, so enter all of your best pictures of the garden! You can go to this Web site to enter: www.wizehive.com. Plus, you can vote for your favorite photo during the people’s choice selection Apr. 9– 13.

Don’t hesitate to contact Royal Dominion Homes today to learn more about this lovely community and buying a new home in Richmond. Call Royal Dominion Homes at 804-270-2711. We build the best homes in the area and offer designs and styles suitable for all tastes. Photo via www2.richmond.com

Creating an Inviting Entryway to Attract Spring Buyers

2012-03-19T13:32:45Z

Spring is here. And with the warm temps urging people to get outdoors, you may find yourself as a seller with much more spring potential buyers coming out. Obviously with the spring, you have a great opportunity to leave a colorful, fresh, vibrant impression on buyers. One the greatest ways to establish a springtime curb appeal establish the look of your home’s entryway. If you want to sell your home, make sure to create an inviting entryway that is both fabulous and functional. Here’s a few doors we wanted to knock on. The look of them is inviting enough for buyers to come in and saunter. Find inspiration for your front door from the pictures below from CoastaLiving.com.

Nautical Touch

Unexpected Color

Tropical Tone

We are happy to provide our expertise regarding housing if your ready to sell your house. Don’t hesitate to contact Royal Dominion Homes today to learn more about buying a new home in Richmond.

Buying Your First Home in Richmond

2012-02-27T20:54:20Z

So, you’re thinking of buying your first home. Exciting. And as we do, you see Richmond as an excellent area to invest your money and life into. We’re glad to see you’ve made such an important resolution, and we want to help you make the best choice possible when it comes to this huge decision in your life. We’ve pulled a few tips for new homebuyers from AOL Real Estate, and hope you’ll find the bulleted guide useful.

Fix your credit to a “good” FICO score, around 700 or above
Prepare for a down payment and closing costs
Decide how much you can afford and stick to it
When hunting for house use a capable, compatible real estate agent for your needs and wants
Make an offer: think of what comparatives in the neighborhood costs
Get your money’s worth: make the contract be conditional, depending on an objective appraisal
Stay on course

We are happy to provide our expertise regarding housing if your ready to purchase your first house. Are you thinking of purchasing a home in this beautiful area? If so, don’t hesitate to contact Royal Dominion Homes today to learn more about buying a new home in Richmond.