Charlottesville’s Real Estate Blog since 2005.

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

Month: October 2008

SIDEBLOG

Economic Roundup, Starting with Jon Stewart

Watch also Wyatt Cenac's Survivalist Investment Tips where he describes discovering the stock market's volatility as "finding out Santa Claus is real because you catch him robbing your house." Also - Fed Leads Unprecedented Push by Central Banks to Flood Market With Dollars No Time…

ALBEMARLE

Yes, Virginia, You CAN Get a Loan in Charlottesville

In an attempt to dispel some of the (justified) negativity surrounding the Charlottesville real estate market, I thought I'd ask some of the lenders with whom I regularly work for their insight. Part of my job is knowing stuff, another is knowing whom to ask.…

SIDEBLOG

Pat’s Take on the Crash

Well said. I think this is the general perception now... loss of confidence in our economic and political leaders to be able to do anything at all. This is the cause of the credit crisis and the market crash. There is no trust in those…

MARKET STATISTICS

“Official” Market Report Released

The Daily Progress' Brian Mcneill has a report. There is very little change to what I wrote in my most recent market reports. One clarification regarding the $7,500 first time homebuyer "Credit" - It is a LOAN. “…the tax credit must be repaid. Home buyers…

MARKET STATISTICS

Updated Market Report for Charlottesville Region

Very little has changed since last month's market report. Coming next week - Is NOW a good time to buy or sell a home in the Charlottesville area? As I said last month: Make no mistake - properties are absolutely selling right now. However, those…

GENERAL REAL ESTATE

The Biggest Builder Foreclosure (so far) In Charlottesville

From today's Daily Progress: A respected Charlottesville regional homebuilder is facing foreclosure on more than 20 properties worth a total of at least $3.5 million. Church Hill Homes has defaulted on payments for 13 residential properties in Albemarle, five in Fluvanna County, two in Charlottesville…

MARKET STATISTICS

Waynesboro and August Brief Market Report

Located just west of Charlottesville/Albemarle, the Waynesboro and Charlottesville real estate markets are becoming closer and closer. They say that pictures say what words cannot - Listing volumes for Waynesboro and Augusta List to Sell for Waynesboro and Augusta Days on market: 2005 - 104…

SIDEBLOG

And You Wonder Why HOAs Get Bad Reputations

There HAS to be more to this story. So Jensen, who says he is an involuntarily mobilized reservist, headed off, leaving behind a pregnant wife, a young son and a 2.5-acre lot with not a spot of landscaping. Now, Lt. Jensen is being told to…

Interested in Learning More?

Jim Duncan has been helping buyers and sellers in Charlottesville’s neighborhoods for 25 years. Get local insight born of experience.