Last July, the countryâ€™s largest home and auto insurance provider said it planned to consolidate some regional operations in Albemarle County, a move that was expected to lead to an increase of 200 to 300 local jobs.With more than 1,300 employees, State Farm is Albemarle Countyâ€™s largest private employer.This is very good news for the local real estate market. State Farm has good-paying professional jobs, stable employment base and is an all-around asset to the community.
Never, ever come to North Carolina’s Outer Banks on a Saturday. The traffic was horrendous – it took us about three hours to drive about 15 miles. At least the house has wireless. And cell service.
More jobs in Albemarle = stable, if not improving housing market.Albemarle will be the new home of a biotech manufacturing facility. A firm called PBM, or Princeton BioMeditech Corporation, will create 115 jobs with a $7 million investment at the University of Virginia Research Park. From WINA and the DP.If anybody is affiliated with this company, I would be happy to help its employees relocate to the area. Please email me if you would like a relocation package.Biotech is a great industry to have – read more here – “So what could be better than an industry that attracts few outsiders, requires little space, preserves those beautiful Blue Ridge vistas and utilizes the communityâ€™s most important resource â€” the University of Virginia?”
Thanks to the Realestatejournal.While potential buyers may be eager to close the deal for the right price, it’s important to take the time to do a thorough home inspection before finalizing the purchase. There are several national home inspector associations, including the American Society of Home Inspectors and the National Association of Home Inspectors, that can direct you to inspectors in your area…. Find out what home inspectors do and don’t look for when they review a property. Plus, learn the codes of conduct governing ASHI and NAHI because not all states regulate home inspections.
In the hottest markets, owners whose homes have skyrocketed in value find themselves in a frustrating paradox. They were supposed to be the lucky ones: they bought in frenzied real estate markets like New York and Los Angeles three or more years ago and have amassed hundreds of thousands of dollars on paper.But as they try to roll that considerable equity into a bigger home, many are unpleasantly surprised to find that the cost of real estate at the higher end has outpaced their ability to buy. For homeowners who have watched the torrid housing market create wealth as if by magic, scanning the classified ads or visiting a few open houses serves as a harsh reality check.From the NYTimes.
Sen. John Warner has helped the Meadowcreek Parkway see the light of day. Make no mistake – this is huge.Warner said he decided to earmark the federal transportation dollars available to him as a senior senator to pay for a grade-separated interchange at the U.S. 250 Bypass, McIntire Road and the southern end of the parkway that has been planned for more than 30 years. The 2-mile parkway would extend from East Rio Road to Melbourne Road, wind through the east edge of McIntire Park and end at the U.S. 250 Bypassâ€œIt doesnâ€™t have a damn thing to do with politics or anything like that. Itâ€™s just an old [former University of Virginia law] studentâ€™s expression of gratefulness to the community,â€ Warner said in a telephone interview.This quote irritates me a bit as it is our money he is talking about.