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Bits and Pieces • 17 June 2024

Is Richmond’s Real Estate Market Thriving in 2024?

by Gavin Lam

Richmond’s real estate market is showing strong signs of growth in Q1 2024. With a rise in home sales and property values, it’s clear that buyers and investors see Richmond as a prime location. The market’s resilience is driven by low-interest rates and a surge in demand for suburban living. As a Realtor, I’ve witnessed firsthand the competitive bidding wars and quick sales, highlighting the market’s vibrancy.

What does this mean for you? If you’re considering buying or selling, now is a great time to make a move. Richmond’s market conditions are favorable, offering opportunities for both buyers and sellers.

 

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