Richmond Properties News

New Project Profiles: $50 million Riverfront transforms Napa (The Santa Rosa Press Democrat)
Editor's note: The Business Journal features profiles of North Bay constructionprojects that are complete or nearly so. Send details to jquackenbush@busjrnl.comor fax to 707-521-5292.Riverfront588-790 Main St., NapaOwner: Channel Properties, Richmond

REAL ESTATE NOTES (Richmond Times-Dispatch)
NEW FACES Select Properties of Virginia: Berkeley Fergusson, Jennifer Fergusson and Lisa Ruffin Harrison are Realtors in the Richmond office. Anne Martin is agent services in the Richmond office. John Polson is a realtor in the Irvington office. Stuart Hubbard is an associate broker at RE/MAX Commonwealth. Toby Myers and Shannon Prosser Wall are agents in the Chickahominy office at Long & Foster.

Making their mark of distinction (Richmond Times-Dispatch)
AAA, Mobil put hotels and restaurants to the test, and Richmond fares well.

Virginia Habitat selects new leader (Richmond Times-Dispatch)
The Charlottesville area's Habitat for Humanity organization has been so effective at creating affordable housing in an area with high home and land prices that the statewide organization is tapping its director to lead efforts across Virginia. Overton McGehee, 50, who has headed the local Habitat for Humanity affiliate for 11 years, will take the reins of Habitat for Humanity Virginia on Jan. ...

(AFX UK Focus) 2008-11-10 19:50 Fannie Mae, America's accidental property baron (Interactive Investor)
NEW YORK, Nov 10 (Reuters) - Fannie Mae said on Monday that the housing finance company has taken over so many homes through foreclosures that if it were a town, it would be bigger than Dayton, Ohio. It is also on track to pass Richmond, Virginia, this year in terms of the number of houses, and would crack the top 100 municipalities as ranked by DataPlace, a web-based source of housing and ...

Businessman teaches soccer players that College is Real (Contra Costa Times)
n CEO from Alamo helps Richmond students fulfill academic dreams

Best use for water planned (The North West Star)
THE implementation of best practice irrigation for existing and potential irrigators in the Flinders River will be discussed at The Flinders River Water Development Forum on November 18 and 19.

Harney: Missing the appraisal mark (San Jose Mercury News)
How fresh are your 'comps— '”the comparable sales of properties used as benchmarks in home real estate appraisals? Buyers and sellers rarely had to be concerned about such a question '”or even understand it'”when values were on the upswing. But in soft and declining markets, lenders recently have begun making comps a big deal. Some sellers are being forced to renegotiate lower prices with ...

6.8 percent of homes in foreclosure (The Augusta Chronicle)
The housing market crash has hit Augusta hard -- particularly south Augusta. The city has the second-highest rate of home foreclosures in the state and the highest outside metro Atlanta, according to figures from the U.S. Department of Housing and Urban Development.