When is enough enough?
Public Hearing Notices Detail: Request to rezone 20.52 acres from Rural Area, R-A zoning district, to Neighborhood Model - NMD to allow a combination of 97 single -family detached and condominium/townhouse residential units. The property, described as Tax Map 56 Parcel(s) 92 is located in…
Market Stats
Our MLS just released a more robust statistical engine. Here is my first quick attempt - The Median Price is pretty interesting. (more…)
Half of the world’s wealth is now in real estate….
Half of the world's wealth is now in real estate.... Half of the world's wealth is now in real estate. Newsweek weighs in on housing boom with global angle: Real Estate Gone Wild
USATODAY.com – High gas prices fuel public transit use
USATODAY.com - High gas prices fuel public transit use: High gasoline prices are turning some drivers into riders, say public transit authorities in several states. Greater Cleveland Regional Transit Authority head Joe Calabrese says high gasoline prices are turning drivers into riders. It's a trend…
WSJ.com – Home-Sales Data Will Prove Crucial
WSJ.com - Home-Sales Data Will Prove Crucial: Boom or Bubble: Tomorrow's existing-home sales report and Tuesday's data on new-home sales will be crucial for real-estate investors and nervous homeowners alike. Last week the housing-starts report showed that home construction plunged 17.6% in March, the steepest…
A great line
We watched Spanglish last night. One of the greatest movie lines I have heard in a while - "Your low self-esteem is simply good common sense."
More on boycotting
Boycotting exploits the one major weakness of the multiple listing service. The MLS's upside is that it centralizes all homes for sale in a single electronic marketplace that can be accessed by all agents -- and these days by Web-savvy consumers as well. The downside…
A Crusade For Competition (washingtonpost.com)
A Crusade For Competition (washingtonpost.com): The Department of Justice has two blunt warnings for the American home real estate establishment: • Do not block efforts to save consumers money through rebates of real estate commissions. • Do not stand in the way of discount “fee-for-service”…
Closing Day Disasters
The New York Times > Real Estate > Closing Day Disasters: IN a real estate utopia, there are no last-minute meltdowns and no buyers forsaking an apartment because of a $100 microwave. Sellers do not threaten to kill a deal if they don't have a…
More condos in the City
Just received an email about this new development - anybody interested in buying into the wacky Charlottesville market? The development is located downtown off of East Market Street and 10th Street N.E. The project will consist of 41 upscale condominiums designed by Jim Grigg of…