Date Archives November 2006

Morning links 11-06-06

The power of reputationPart 1 – it’s the relationship, stupidA Kelo blowback on Tuesday?Just because it took me so long to re-find out how to set my mac’s time to military (24-hour) time, this is the link to the solution.Draft your own Fantasy Congress!A real estate reason to vote “No” on Amendment No.  1Urban Development Areas – not a bad idea.  Now, as far as the implementation …

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Condos and CharlAlbemarle market stats

The market in the Charlottesville/Albemarle region is, shall we say, different than it was last year.”It’s a great time to buy” – the new media blitz from the National Association of Realtors.  I have said it before and will say it again – housing is not, nor has it ever been, an immediately liquid investment.Condos -From the first of the year to 1 November:2006: 498 Condos were sold in CharlAlbemarle895 Condos were listed2005: 379 Condos were sold in ChalAlbemarle544 Condos were listedSo, yes, condos have been supporting the local market quite well….  
–Mark Twain (attributed to)Taking a cue from Ardell, here are a few different angles:1BR condos: far more one bedroom condos were sold in 2006 compared to 2005, due primarily to the continued trend of condo conversions….  However, the average price in 2005 was $169k versus $159k in 2006.2BR condos: Average price per square foot in 2006 – $195/foot.

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