Comments on: “Official” Real estate Market report for Charlottesville area http://www.realcentralva.com/2008/04/13/official-real-estate-market-report-for-charlottesville-area/ Tracking Charlottesville's Real Estate Market since 2005 Mon, 13 Feb 2012 12:10:41 +0000 hourly 1 http://wordpress.org/?v= By: Jim Duncan http://www.realcentralva.com/2008/04/13/official-real-estate-market-report-for-charlottesville-area/#comment-15572 Jim Duncan Tue, 15 Apr 2008 10:49:08 +0000 http://www.realcentralva.com/2008/04/13/official-real-estate-market-report-for-charlottesville-area/#comment-15572 Dave - Amen. With nearly (if not all) all of the conventional 100% financing programs gone and many of the 5% programs on the chopping block, financing is nearly impossible for many transactions. Dave -

Amen. With nearly (if not all) all of the conventional 100% financing programs gone and many of the 5% programs on the chopping block, financing is nearly impossible for many transactions.

]]> By: Dave Phillips http://www.realcentralva.com/2008/04/13/official-real-estate-market-report-for-charlottesville-area/#comment-15563 Dave Phillips Mon, 14 Apr 2008 20:47:59 +0000 http://www.realcentralva.com/2008/04/13/official-real-estate-market-report-for-charlottesville-area/#comment-15563 Jim, there is one other factor slowing down the condo market - financing. According to a respected mortgage professional I spoke with today, without the 100% loans to help the modest income buyers, it is hard to find financing for selling the low end condos. Jim, there is one other factor slowing down the condo market – financing. According to a respected mortgage professional I spoke with today, without the 100% loans to help the modest income buyers, it is hard to find financing for selling the low end condos.

]]>