Realestatejournal morning stories
First-time homebuyers' emotional ride Avoiding rent during new-home construction
Analysis on the Real Estate Market
I found this paper (pdf) while googling for broadband penetration in the Charlottesville area. Paul Ernesto Carrillo's dissertation entitled "Assessing the Value of On-line Information Using a Two-sided Equilibrium Search Model in the Real Estate Market." When I have more time (hopefully later today) I…
Excellent Bubble article
Looking at a recent magazine covers one is left with the impression that the whole world is concerned about US real estate prices. This is borne out by the fact that if you go to Google and type in sex you get 78,000,000 hits. If…
Real estate boom to continue?
From the Big Picture. 1. Increased competitive pressures amongst the nation's lenders 2. Surplus capacity in mortgage lending services sector 3. Financial innovation in the form of new mortgage products 4. Improved pricing efficiencies in pricing these new, and existing, mortgage contracts 5. Improved marking-to-market…
Charlottesville’s airport continues to grow
C-Ville has an informative article this week on Charlottesville's airport's projected growth - a sign of our region's continued growth patterns. This must be good news for those opening restaurants and stores in the Hollymead Town Center. According to Elliott, the airport is anticipating about…
How to buy or sell a house
3. Get a home inspection. Surprisingly, 25% of buyers still don't undertake this one measure that can save them huge hassles and expenses down the road. 4. Investigate your real-estate agent. While the majority of agents are capable and honest, we've heard enough horror stories…
Bubble Links
I have been busy the past two days with buyers and a new listing or two ... here are a couple of good bubble links ... Realestatejournal NYTimes - thanks to Curbed for the heads-up (registration required) - go here for a password. "So far,…
New listing coming soon
I am working on a new listing in the Stony Point area of Charlottesville ... four bedrooms, three baths ... five year old home on over an acre and a half 15 minutes to the City. If you are looking for close proximity to either…
Me in my office
The long, often unpredictable hours of real estate allow for the occasional rest in my office.
Cell phone service?
Ever since Cingular bought Suncom, my service has been swiftly been declining. I believe that Cingular is forcing me to give up my legacy "UnPlan." What service is the best cell service in the Charlottesville area? Cingular has "50 million customers" but cannot manage to…