As a company, One South met with a successful home builder in Richmond Va. (Lloyd Poe of Lifestyle Builders and Developers) to discuss the new normal for housing and what 2012 and beyond should bring. It was fascinating to hear the give and take between those who sold and those who built. Lloyd raised an interesting point about the marketplace and the resulting movement. … [Read more...]
EarthCraft Homes and Appraisals…Friends or Foes?
“Making our buildings more energy-efficient is one of the fastest, easiest and cheapest ways for us to create jobs, save money and cut down on harmful pollution. This is an idea whose time has come.” - President Barak Obama What does it mean to 'Be Green?' Does it mean recycling when you can? Does it mean turning off your water when you brush your teeth? Does it … [Read more...]
Lot Pricing in the Metro
For anyone who is an investor or Realtor, 2008 to 2010 has been hard. Property values have plummeted. The buying marketplace was somewhere between skittish and petrified. Lenders panicked. Every deal was difficult. But I have more than one time thanked my lucky stars that I was not a home builder. From the period of 2001 to 2008, the US built somewhere between 1.3M and … [Read more...]
Oak Park, the New Ginter Park
Designed by lead developer John Dempsey for GreyCo development, Oak Park was created as his homage to the Ginter Park neighborhood in Richmond's Northside. Ginter Park is a turn of the century neighborhood located at the north end of the Boulevard and bisected by both Brook Road and Chamberlayne Avenue. It is sometimes referred to as the Queen of the Suburbs as it was … [Read more...]
Mountain Run and The Federal Club
Opened to great fanfare in late 2006, Mountian Run was the brainchild of Tommy Pollard, a local business owner turned developer, who had developed The Hollows, roughly 15 years prior. MR was to be a 99 homesite rural preservation subdivision located along Route 33 and the South Anna River in the NW Ashland/Montpellier/Glen Allen area of Hanover. The preservation lot was … [Read more...]