PetersburgTV has posted a segment from last night’s Ward 5 meeting wherein the City Manager sheds light on the subject of Petersburg’s city-owned property: Click here to check the video.

We’ve all heard of monetary incentives offered to realtors to encourage the sale of houses… but an offer to the general public? In this failing housing market, people are going to new lengths to sell homes.

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The above comes from Zillow’s Home Value Trends in Petersburg. Not bad in a context of the 7.5% national decrease cited for single-family homes.

Another interesting page on their site: Zillow’s Quarterly Home Value Reports. The map gives a color-coded sense of how different areas in Richmond are doing — look for more details by hovering your mouse over the various diamonds on the map. To cite a few numbers, looks like the Fan has observed a 2.7% decline in values, while Mechanicsville has witnesed a 5.7% increase over the same period.

Actually, it opened Wednesday, but if you didn’t catch the head’s up buried elsewhere on this site — its open, its inviting, and the employees are offering up outstanding service!