Relevant:
2008-03-03 — inrich.com
'Housing is cyclical, so a cooling-off period was expected after a sharp, four-year run-up in home prices in the Richmond area. But this one had the added national twist of the subprime-mortgage crisis.
"It was the perfect storm," said Stephen T. Thacker, vice president and branch manager of SunTrust Mortgage Inc. in Richmond.'
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