Charlottesville’s Real Estate Blog since 2005.

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

Month: October 2009

SIDEBLOG

Have $100 Million to Spend? (in Albemarle)

Have a look at Patricia Kluge's estate in Southern Albemarle County. From the Wall Street Journal: Virginia winemaker and philanthropist Patricia Kluge is offering her 300-acre English country estate in Charlottesville, Va., for $100 million, one of the most expensive listings in the U.S. ...…

FRIDAY

Friday Chart – Homes Under Contract in October

Homes placed under Contract in Charlottesville and Albemarle in the month of October: These numbers do not reflect much new construction or properties that will not proceed to closing for any number of reasons, such as home inspection negotiations not coming to terms, financing issues,…

TECHNOLOGY

Google, Garmin and Realtors

Re-purposing a post from my posterous: If Google announcing their GPS did this to Garmin's and Tom Tom's stocks,         What's this going to do to Realtors'?   Google announced a big real estate move about two hours ago: listings can now…

GENERAL REAL ESTATE

Homebuyer Tax Credit (May Be) Extended

It looks like the homebuyer tax credit will (likely) be extended. Maybe. Via Calculated Risk and Bloomberg: - Income eligibility for home buyers increases to $125,000 for individuals and $225,000 for couples. - The tax credit for first-time home buyers (anyone who has not owned…

MARKETING

Print Media is …

In 2006, I was a few years early in my prediction. There's a place for print media, and advertising homes for sale in Charlottesville ain't it. Branding a brand - or brokerage - consistently in print gives readers the impression (and illusion as the case…

ALBEMARLE

On Villages in Charlottesville and Albemarle

Charlottesville architect/developer Bill Atwood in Brandon Shulleeta's story in today's Daily Progress: Atwood said that in the retail world, “the longer you can get people to stay, the better the pay. In other words, if you have somebody who's actually going to stay and eat…

GENERAL REAL ESTATE

More on the $8,000 Tax Credit

The tax credit has been useful and a decent stimulus; but ... "eventually you run out of other peoples' money" I'd love to see a map or data from the IRS showing where the tax credit was used - broken down by zip code so…

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