The 2012 year-end market report has just been released from the Charlottesville Area Association of REALTORS, and it’s results are right in line with what I had been predicting and sharing with you throughout the year. Perhaps there is a light at the end of the tunnel for this depressed real estate market, after all!.. read more →
CAAR has just released it’s 3rd Quarter Market report, and it has many figures that are quite positive for the Central Virginia region. I know many agents have been “feeling” the uptick, but it’s great to finally see it quantified! CAAR Third Quarter Market Report read more →
CAAR is releasing it’s 4th quarter market report tomorrow, so this is fresh off the presses! Some pieces that I thought were relevant if you’re in the market to buy or sell; Good news for buyers; Price Per Square Foot (Finished)—Pockets of Value for Buyers The current area average of $139 per finished square foot.. read more →
** This is an up-to-date list of local utility contact information. If you find that any of these links, numbers, or companies are outdated, please let me know! Additionally, if you find that one of your service providers is not listing on this page, please let me know that as well so that I can.. read more →
This was just released, so I wanted to give people the opportunity to check it out. I will be reading it over and making some comments soon!
The Charlottesville Area Association of Realtors has just released it’s Year End Market Report this morning, and it includes some very valuable information that home buyers and sellers should really be aware of. … Some people have suggested that the first time home buyer credit hasn’t been effective, but I have completely disagreed with that, and while this data isn’t a clear indicator that the credit is working, it would suggest that more first time buyers (in the below $300,000 price range) have been in our market in Q4 2009, than we are typically used to. … The average price per square foot of finished space in homes is not a scientific number, but a downward trend over the years clearly indicates a decrease in prices (and vice versa). … The current $143 per square foot is the lowest number since 2004. According to the CAAR Year End market Report, our inventory of homes is slowly declining. Of course this was the main aim of the First TIme Home Buyer tax credit, and we are all anxious to see what will happen to inventory once it expires.
The Blue Ridge Outdoors January Issue “Best of the Outdoors” article highlights several beautiful areas in Charlottesville. This article is reader voted- polling readers from Baltimore to Atlanta to pick their favorites of the Blue Ridge. Here are a few of the places that Charlottesville was competitive; Favorite Section of the Blue Ridge Parkway; Humpback Rock voted #3! … (biggest waterfall East of the Mississippi)- Nelson County Best Ski Runs in the Blue Ridge; Wintergreen Resort Cliffhanger mile long run voted #2! … Check out the full video interview of Tom Daly, from Blue Ridge Outdoors on the Newsplex website here and be sure to read the full article at the Blue Ridge Outdoors website here !
New Tax Credit for Current Home Owner’s Making a Home Purchase and the Extended First Time Buyer Credit
Today, President Obama signed off on the Extended Home Buyer Tax Credit, now to include a credit for current Home Owners. This new initiative will continue the current $8,000 first time home buyer credit to eligible participants until 2010- July 1, 2010 to be exact, which is when all closings must have occurred. In order.. read more →
The Charlottesville Association of Realtors’ Third Quarter Market Report has just been released and it definitely contains some interesting data. As we all know, we still have much more inventory than we can absorb with the current number of Purchasers in the market. Check out the market report here; CAAR Third Quarter Market Report read more →