Charlottesville’s Real Estate Blog since 2005.

Clear, Honest Market Analysis. For People, Not Realtors.

Month: June 2005

GREENE

A New Age Restricted Community Is Coming to Greene County

Tuesday dozens of people showed up for the groundbreaking of Greene County's first active adult community. The community will have more than 500 lots and will include a 16,000 sq. ft. clubhouse. Project mangers believe the community will be an asset for the county. From…

AFFORDABILITY

What happens if there is a bubble?

RealEstateJournal | Sales Trends: Five years ago, the bull market for stocks came crashing to a halt after a glorious run. Now, many worry that the roaring housing market may be headed for a train wreck as well. What's the likelihood this could happen? For…

BUYERS

CLUE reports’ impact on real estate

I have written about CLUE reports' impact on the real estate market before (and here). Today I had a conversation with a fellow Charlottesvile-area Realtor who did not know that a house's (and thereby the Seller's) claims history can impact whether a buyer can affordable…

PUBLIC PERCEPTION

Loyalty

Several times this year, I have experienced or heard first-hand stories about Buyers who will initiate a relationship with a Realtor to search for a home and ultimately not work with that (or any) Realtor for representation. I have seen it written that Realtors give…

ALBEMARLE

Crozet’s Master Plan receives major award

Albemarle County, Virginia's Master Plan for the village of Crozet has been singled out as one of the most innovative such projects in America. The plan was one of fifteen studies selected nationwide by the Congress for the New Urbanism (CNU) for a 2005 Charter…

GENERAL REAL ESTATE

Interest Only Mortgages

RealEstateJournal | Mortgages and More: Interest-only mortgages were a hot topic on Thursday. Fed Chairman Alan Greenspan, in testimony before Congress, expressed worry over interest-only loans, saying that their prevalence is of "particular concern." Interest-only loans are 30-year fixed-rate loans that artificially lower monthly mortgage…

CHARLOTTESVILLE

Inexperienced Agents in Charlottesville

Record numbers of new real estate agents and a rising number of complaints - and worse - against the industry have veterans alarmed about whether these novices really know how to buy and sell a house. ... "There's an overwhelming number of new people with…

GENERAL REAL ESTATE

How did real estate prices get so high?

We all know that real estate prices are higher in urban than in rural areas, and highest of all in the affluent residential enclaves of our largest cities. But, how did these high prices get to where they are? In other words, what are the…

THOUGHTS, ETC.

Cvilleradio.org

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