Comments on: Charlottesville Market Report – First Half 2009 http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/ Tracking Charlottesville's Real Estate Market since 2005 Thu, 18 Mar 2010 20:30:38 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Charlottesville Real Estate Market Report at RealCentralVA — RealCrozetVA http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/comment-page-1/#comment-27191 Charlottesville Real Estate Market Report at RealCentralVA — RealCrozetVA Thu, 16 Jul 2009 11:05:23 +0000 http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/#comment-27191 [...] If you're new here, you may want to subscribe to my RSS Feed or sign up for Email Alerts. Thanks for visiting!I wrote this earlier this week. [...] [...] If you're new here, you may want to subscribe to my RSS Feed or sign up for Email Alerts. Thanks for visiting!I wrote this earlier this week. [...]

]]> By: on the market http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/comment-page-1/#comment-27189 on the market Thu, 16 Jul 2009 00:55:42 +0000 http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/#comment-27189 "...likely a continued decline in prices. My guess says anywhere from 5% to 15%..." By "prices" do you mean what the place sells for? I've seen a bunch of properties w/several small price changes "chasing down the market." Say the total price drop on asking is 15% then buyer offers 10% less and it's accepted. Then would you expect a further price decline off that? “…likely a continued decline in prices. My guess says anywhere from 5% to 15%…”

By “prices” do you mean what the place sells for? I’ve seen a bunch of properties w/several small price changes “chasing down the market.” Say the total price drop on asking is 15% then buyer offers 10% less and it’s accepted. Then would you expect a further price decline off that?

]]> By: MN MLS http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/comment-page-1/#comment-27177 MN MLS Wed, 15 Jul 2009 02:15:52 +0000 http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/#comment-27177 Hi Jim, I just stumbled upon your blog here and stopped to read your thoughts about your local market. Thanks for the data. I'm bearish as well on the market as a whole. I don't know what the real score is, but im guessing prices will continue to fall. But there are a lot of investors that are getting good deals left and right. Cheers! Nicole Hi Jim,

I just stumbled upon your blog here and stopped to read your thoughts about your local market. Thanks for the data. I’m bearish as well on the market as a whole. I don’t know what the real score is, but im guessing prices will continue to fall. But there are a lot of investors that are getting good deals left and right.

Cheers!
Nicole

]]> By: John Handloser http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/comment-page-1/#comment-27169 John Handloser Mon, 13 Jul 2009 23:45:58 +0000 http://www.realcentralva.com/2009/07/13/charlottesville-market-report-first-half-2009/#comment-27169 Jim, Thanks for your data collection and analysis. As a Home Inspector, I have seen a larger shift towards 1st time buyers, and foreclosures with my business. It is also interesting that my business has picked up closer to Charlottesville, and slowed in the surrounding counties. Keep in mind, this is a perspective from only one inspector, and in no way validates a trend (one way or another) There's no way to track home inspections in our area, but it might be interesting to see if we could gather some data from our ASHI group. That may be harder than it sounds since we all keep our numbers (and bragging rights) in a vault. As the President of Blue Ridge ASHI, I invite you to one of our meetings. You may get some additional information. Your CAAR President (Michael Guthrie) spoke at a Spring meeting, and provided some very informative numbers and perspective on the market Jim,
Thanks for your data collection and analysis. As a Home Inspector, I have seen a larger shift towards 1st time buyers, and foreclosures with my business. It is also interesting that my business has picked up closer to Charlottesville, and slowed in the surrounding counties.
Keep in mind, this is a perspective from only one inspector, and in no way validates a trend (one way or another) There’s no way to track home inspections in our area, but it might be interesting to see if we could gather some data from our ASHI group. That may be harder than it sounds since we all keep our numbers (and bragging rights) in a vault.
As the President of Blue Ridge ASHI, I invite you to one of our meetings. You may get some additional information. Your CAAR President (Michael Guthrie) spoke at a Spring meeting, and provided some very informative numbers and perspective on the market

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