Higher local unemployment since VA now has to count more people (no longer available):
You may have noticed a significant jump in unemployment in the Charlottesville area. Virginia, in fact most states, had been basing their unemployment figures on population numbers from the 1990 census. The federal government had been using figures from 2000. Needless to say, when the states released their jobless numbers and the feds released theirs, they didn’t add up. This year the federal agency in charge is requiring states to use the 2000 census in their calculations, which has led to a jump, albeit a clerical one, in unemployment. Bill Metzger of the Virginia Employment Commission says our region’s unemployment now stands at 2.9 per cent. (rather than 2 per cent – still not too shabby!) Charlottesville’s jump in unemployment is due entirely to accounting.
Interested in Learning More?
I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
Dig Deeper
Charlottesville 29 + Charlottesville Restaurants = Help Food Bank
What a remarkable thing. The Charlottesville 29 have partnered with McGuire Woods and a slew of Charlottesville restaurants to help the Blue Ridge Area Food Bank (one of my favorites charities). Hunger is a stubborn problem – globally, nationally and regionally. Here in the Charlottesville area, it…
GoCHO – Charlottesville Airport Getting More Flights?
Map of current flights from CHO's website A lot of my clients ask about the Charlottesville - Albemarle airport. How many flights? How frequent are flights? Is it a good airport? How is parking? IThey may be getting good news. Would you fly out of…
Short Sales in Charlottesville – What Realtors (and Consumers) Need to Know
Know this - there is more to learn about Short Sales, Foreclosures, Loan Modifications, Pre-foreclosures, Bankruptcies and Repayment Plans than can possibly be covered in a blog post. Consider this a starting point. This post is derived from a Short Sale luncheon held last week…
Proof that Gas Prices are affecting buyers in Charlottesville area
Getting feedback from Buyer's Agents is one of the most persistent challenges a listing agent faces, yet good feedback is absolutely crucial to understanding buyers' mindsets to help best advise sellers. Note this feedback received yesterday on one of my listings: Shows much better than…