There is good news out of Richmond, VA today as it was just named one of the Top 10 Hottest Housing Markets in the U.S.. Two notable builders in the Richmond area, Eagle Construction of VA and Gumenick Properties, use Homestead Building Systems to supply framing components. Others include Richmond American Homes, Style Craft Homes, Timber Creek, Upward Builders, Lifestyle Homes, Southern Tradition Homes and Mitchell Homes.

“Zillow.com says that home values in the city are expected to increase 2.2 percent. Richmond ranks behind Dallas, Seattle and Denver. Income growth and unemployment rates are also factored into Zillow’s rankings.

Zillow predicts that the hottest neighborhoods in Richmond will be Church Hill (a 6.7 percent forecasted home value growth), Carytown (a 5.3 percent increase) and The Fan (a 4.8 percent increase).”

Zillow’s Top 10 Housing Markets for 2016:
1. Denver, CO
2. Seattle, WA
3. Dallas-Fort Worth, TX
4. Richmond, VA
5. Boise, ID
6. Ogden, UT
7. Salt Lake City, UT
8. Omaha, NE
9. Sacramento, CA
10. Portland, OR

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