Category Archives: Fluvanna
Houses are selling!
Removing condos from the equation – In Charlottesville/Albemarle/Fluvanna/Greene:141 properties sold in October 2006…. 196 in October 2004 and 194 in October 2003. Putting condos back in the mix, as they have become the de facto choice for many seeking affordable housing, the numbers change a bit:161 properties sold in October 2006…. 197 in October 2004 and 196 in October 2003.
Continue reading
Central Virginia development moves on
The traffic study work session next month should be interesting.As always, Cvilletomorrow has much more information as well as a podcast of the planning commission’s meeting.Wal-mart is finally coming to Greene County!… There has been much discussion locally about the merits of Wal-mart, but I do know that my clients in Greene will welcome this addition to their community. Soon they won’t have to go to Culpeper or CharlAlbemarle, Yesterday at an open house for a new development, I was interested to see that their solution, as approved by the County, to the affordable housing situation is to provide affordable “accessory apartments…. More at the County’s website.Fluvanna’s clustering is moving forward and Daniel has his thoughts on the newest Fluvanna development.Housing inventory is up, but development plugs on, and for many, that’s a good thing.
Continue reading
Housing numbers are down
And inventory is up.
Rates are low.
Home price appreciation is slowing.
Inventory is up. Significantly.
note: as soon as I figure out how to upload an image via coding, rather than depending on my normal program, I will.
Regarding NAR’s press release: They have an obligation to present the facts, and their best opinions. Everybody has opinions and interpretation of data. Assumptions and conclusions may (and usually do) differ.
Take this for example:
Total existing-home sales – including single-family, townhomes, condominiums and co-ops – dipped 1.9 percent to a seasonally adjusted annual rate of 6.18 million units in
Market Data for July 2006
The past few months have seen some significant changes in our market. It’s not just the interest rates, though – they’ve actually gone down a bit of late…. *Active in July 2005: 456Active in July 2006: 418% change: -8.33%Contingent: -16.74%Pending: -29.31%Sold: -20.02%In short – the market has slowed…. Surprisingly, there were fewer properties on the market in July 2006 versus July 2005, but fewer of those are going under contract. The greatest jump in new-to-the-market inventory was in the second quarter of this year…. From an aggregate point of view, May, June and July – There were nearly 4% more properties on the market for this time period in 2006 when contrasted with 2005, yet not nearly as many going under contract. March/June/JulyActive: 3.82%Contingent: -2.32%Pending: -13.48%Sold: -5.62%Bottom line (except for the *): Real estate remains a wise investment. Everybody’s expectations need to be re-evaluated: buyers have time to decide, sellers need patience and agents need educating.*these are only for those properties in CharlAlbemarle, Fluvanna and Greene.
Continue reading
Morning reading 03-21-2006
Madison County struggles with their comp plan and affordable housing.
Major subdivisions in Fluvanna County
Augusta County’s comp plan consultant fed up, pulls out… Continue reading…
Afternoon links for 13 March 2006
Running government as a business – now there’s a thought. (via Commonwealth Conservative)More to the point, Richman said, governments don’t have to make a profit – “they don’t have to satisfy consumers who can simply turn around and take their money elsewhere,” Richman said, “so they don’t face the same kind of pressures as businesses.”Crozet to pass 12,000 – by the County’s own admission! (and here)Bloggers and ethics.
Continue reading
Afternoon links, regional real estate stuff
Predatory Lending article (PDF)Orange County is joining the trend and raising property taxesBiscuit Run headed to the Albemarle County PlannersDo you want your employer to provide health care or buy you a house?
Continue reading
Greene and Fluvanna news
I try to stay regionally involved and up to date; it is very difficult to do. Continue reading
