Richmond is the capital city for the Commonwealth of Virginia, as is one most historically important cities of the United States. It is considered to be in the third largest metropolitan area in Virginia, being an important cultural and economic city for the state. Much of the economy for Richmond is largely driven by government, law, and finance fields. 

It is home for various governmental agencies, such as the United States Court of Appeals for the Fourth Circuit and the Federal Reserve Bank of Richmond. Richmond also is an important tourism city for Virginia, due to its historical sites. Richmond realtors will have to use such factors in order to provide for stable and profitable careers in the business.

Richmond realtors, even though there are various economic factors having a positive role in the real estate market, will have to battle with one particular aspect that has a monumental effect on property values. Crime is extremely high in Richmond, and even though crime rates are on the decline, it is still labeled as one of the most dangerous cities in the United States. 

Even though there is an affluent economic structure, home and property values prove to be fairly low when compared to other regions in Virginia, particularly Alexandria and Arlington. The average listing is about $230,000, with a sales price average of just under $170,000. However, these figures tend to fluctuate and are currently declining. Many argue that the main driving factor of the trend is the crime rates of the city, which still are well above both the state and national average.

Despite feeling some cause for concern in the form of reports that the average monetary value per square foot in the Texas city fell by 33%, Dallas realtors also reported that for the 2010 period they had returned a number of positive signs in terms of indicators like sales volume. From 2009 to 2010, for example, statistics collected from Dallas realty transactions showed the median pricing value for homes accepted by buyers climbing by 4.5%.

 

 

Houston realtors were reported to have been worried over the overall state of the industry in the context of the 2010 year due to various negative indicators having been returned as to the level of sales volume and pricing attained for the period. Of the number of Houston residences sold to new owners during the year, 16.7% less were moved by Houston realtors in comparison with the same marker during the 2010 year.

 

Austin realtors returned some positive indicators in 2010 in regards to the overall performance of this market for real estate in the wider context of economic problems and real estate issues which have occurred throughout the state and the nation as a whole. Each square foot of Austin property rose, on average, to be valued at 1.1%, and the homes sold by Austin realtors during the year increased in median price listing by 9%.

 

People who are interested in securing the services of Houston area realtors can thus refer to the offices or representatives of the Houston Association of Realtors, which allows people to locate both individual offerings for property as well as individual realtors in the Texas city. 

In terms of the overall performance of the industry made up by Houston area realtors, it was observed during the 2010 period for Houston area real estate transactions that Houston realtors experienced a decreased level of ability during the overall year in moving properties in the Houston area.

Data collected on the degree of success enjoyed by Houston area realtors indicated that, in terms of the specific period of August 2010, sales volume, particularly toward the area for single-family residential housing, went through a 16.7% decline from August 2009 levels. 

In this regard, Houston realtors have pointed to the end of a period during which purchasers enjoyed certain financial advantages granted to them through the device of a homebuyer tax credit. Houston area realtors have pointed to, in regard to the advantages which may be realized by home purchasers, the existence of a trend for low mortgages. 

The number of single-family residential sales made by Houston realtors fell, in the August 2010 period, by almost 1000 individual sales from the comparable period of the previous year. Houston realtors have observed that, in a trend hypothesized to be linked to the growing financial difficulties surrounding home ownership, people who might formerly have been purchasers are instead turning to the rental option.

 

The industry made up by Dallas realtors has been observed as doing well in terms of their ability to move pieces of real estate in the 2010 period. One cause for concern for a practicing Dallas realtor was the finding that city square footage did drop in value to some extent, at a rate of 33% in terms of the comparison between 2009 and 2010 ratings. Other indicators looked to by Dallas realtors indicated, however, more positive trends in terms of the performance of the market overall. 

In this regard, the Dallas realtor field noted that the average amount being asked for pieces of Dallas real estate currently on the market had recovered some value in the 2010 period in comparison with the same ratings as they had been made in 2009, at a rate of 2.2%. Moreover, Dallas realtors also took it as a positive sign that the median price range for pieces of residential real estate in Dallas had, at an amount of $80,091, also recovered in the 2009-2010 time frame in terms of 4.5%.

 

As of September 2010, the Dallas realtor field was offering some 8487 houses for purchase, having either been acquired from previous owners or newly constructed and thus placed on the market. Dallas realtors were found, in the rankings produced from 2010 surveys of the real estate field, to have experienced particular success, in terms of both sales volume and accepted prices, in moving properties in the Preston Hollow and Far North Dallas neighborhoods.