Richmond’s hot housing market has attracted a new player that’s started buying up homes here as part of a national expansion.
House Buyers of America, a 20-year-old company that offers an on-demand approach to selling a home, launched in Richmond over the summer as one of multiple expansions it’s made this year, including into Atlanta, Dallas, Oklahoma City and Philadelphia.
The Chantilly-based firm had previously been focused on D.C., Maryland and Northern Virginia, but growth fueled by the pandemic, as homeowners reassessed their living situations and work-from-home options, positioned the company to act on a long-planned expansion, CEO Nick Ron said.
Ron said the company’s entry into Richmond, which followed an expansion to Hampton Roads in the spring, was among its most successful this year.
“It was one of the best market launches we…