Local housing market review

The DP has two interesting articles

David Hendrick provides a good analysis of the local market and its prospects for the upcoming year. Charlottesville is unique, for a variety of reasons. One of which is –

“Charlottesville is a destination area,” said Casey Dawkins, director of the Virginia Center for Housing Research. “It seems to be the case that there is still potential for growth.”

“Virginia is one of a few states where you see dramatic regional difference,” Dawkins said. “Charlottesville will probably continue to grow, as will Richmond. For the rest of the state I would anticipate smaller increases.”

On the flip side, if people cannot afford to live in Louisa, traditionally one of the more affordable counties, where can they afford?

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