Hager Commercial - RVA Real Estate

10/03/2022

Not commercial but affects everyone:

Average home sales prices are down 3 months in a row in Richmond. They peaked in June at $363K and hit $345,950 in September. Days on Market increased to 8 from 6.

If you have a home to sell, I recommend doing it sooner than later. Prices are still near an all-time high and the global economy is likely to continue into a recession due to rolling lockdowns in China, energy prices up 500%+ in Europe, and our own inflation, stock market declines, and 6.5%+ mortgage interest rates. The Federal Reserve has their stated goal of reducing home prices, wages, and food prices. Don't find the Fed!

Good news for buyers is the days of paying over list and waiving appraisal and inspection are largely over. I know as a realtor I am supposed to say it is always a good time to buy but I suspect home prices may fall 5-10% from here and rates will improve after the economy cools.

Please call or message to discuss your personal situation. I follow all major markets that affect you and your portfolio - bonds, stocks, and currency - not just real estate.

05/17/2022

FOR LEASE: Auto repair, auto sales or rental, tow truck shop, home base for a mechanical company, or even convenience store right off the I-64/Hadensville exit for lease!

Conveniently located just off the I-64/Hadensville exit at the corner of Old Fredericksburg (629) and Broad Street Road (250), this property currently serves as the home of Bumpass Towing.​ It is just past the Goochland Drive-In Theater and on the opposite corner of a new Exxon which is to be built.​

https://www.crexi.com/.../430077/virginia-bumpass-towingFOR

02/17/2021

The 34-acre Innsbrook After Hours and Elks Lodge property at 295/Nuckols Road is being reimagined to include retail and a hotel. Could this be a new trend for office parks?

The development at the office park’s entrance at Nuckols Road and Interstate 295 would include the Innsbrook After Hours site and the Elks Lodge property.

12/14/2020

Some cool stuff happening in commercial real estate: Elevators, which move sideways, Apple's new $5 billion headquarters is larger than the Pentagon, and a skyscraper to be suspended from an asteroid.

ROTTWEIL, GERMANY — German engineering conglomerate ThyssenKrupp has turned a fictional multi-directional elevator into a reality. ThyssenKrupp’s Multi eleva...

12/03/2020

Thanks Teppanyaki Grill for allowing us to represent you in your commercial lease negotiations! The food, service, and owner are all great. Please support our local restaurants!!

05/28/2020

This 2.61 acre lot located off of Sadler Rd in the desirable Rivers Bend Elementary, Holman Middle, and Glen Allen High district will create great value added for the patient developer, investor, or builder. Zoned R3C. Call Robert at 804-216-5626 to take advantage of the hot new construction market!

Robert Hager, Fathom Realty, Henico, Va, *Licensed in the Commonwealth of Virginia

View Details For 0 Belfast Rd including photos, description, and more.

11/09/2018

Congrats Hutchinson Investments on your new Twin Hickory office condo.

10/12/2018

We interrupt your regular morning routine to bring you this important message.

Robert Hager, Glen Allen, Va, *Licensed in the Commonwealth of Virginia.

09/14/2018

We specialize in commercial leasing and purchase in the 804 including small to mid-size retail, warehouses, industrial, restaurants, office space, gas stations, and raw land.

09/14/2018

Welcome to my commercial real estate page!

09/12/2018

https://www.richmond.com/news/plus/stoney-administration-pitching-council-on-tax-break-for-manchester-developer/article_0a782d56-e4db-5c50-ab23-b366e82bb38c.html

Richmond Mayor Levar Stoney’s administration is pitching the Richmond City Council on a tax break for a prominent South Richmond development, months after the council loosened zoning restrictions for the