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Date Archives July 2010
Updating Charlottesville’s Bicycle Transportation Plan
Good stuff in the C-Ville this week about the City of Charlottesville’s bicycle plan. … Without a comprehensive plan that brings together the three players – Charlottesville, Albemarle and UVA, we’ll continue to have bike lanes that start, stop, start again … or don’t exist at all. A bike lane to NGIC and DIA would be nice. … Charlottesville did win a bronze designation as a “Bicycle Friendly Community” in 2008 .
Mid-Year Charlottesville and Albemarle Market Report – 2010 (Part 1)
Looking at the real estate market data for the Charlottesville market – or any market in the US – is skewed by the homebuyer tax credit, which has been demonstrably proven to have pulled demand forward to the first quarter of 2010. … Now for some Second-Quarter context : First, the obvious – when looking at the historical market data for Charlottesville and Albemarle, as single family homes’ prices increased, buyers looked to attached homes and condos. … One way to look at the numbers above is to say that, last year we didn’t have the homebuyer tax credit; without it this year, the number of contracts written in Charlottesville and Albemarle would have been much lower. … Another way to look at it is that the buyers this year were going to buy anyway, and that the homebuyer tax credit was simply a bonus .
Charlottesville’s LEAP
Via press release: Charlottesville and Albemarle residents will have the chance to win $10,000 in energy efficiency improvements to their homes in a Home Energy Makeover Contest to be announced this Wednesday, July 7th. The contest is one of several upcoming opportunities for local homeowners to make their homes more safe and comfortable and save money on energy bills – including a major announcement about a suite of incentives and rebates to be made at the press conference. What : Launch of the Charlottesville Home Energy Makeover Contest and announcement of new energy efficiency incentives and rebates for the community. When : Wednesday, July 7th – 1:30 pm Where : Charlottesville Community Design Center, Downtown Mall Who : – Charlottesville Mayor Dave Norris and Cynthia Adams, Executive Director of the Local Energy Alliance Program (LEAP) – Local contractors who will perform home retrofits as part of the contest – Local homeowners who have recently been involved in pilot energy efficiency assessments and retrofits Local Energy Alliance Program – Charlottesville (PDF)
Twitter Week in Review
Fascinating question on CSPAN this morning – "Is America exceptional?" # I'd like to take the day off to watch the #worldcup but I'd rather try and earn some new business. # The folks here…
HR 5623 – Homebuyer Assistance and Improvement Act of 2010
Pass ed . To amend the Internal Revenue Code of 1986 to extend the homebuyer tax credit for the purchase of a principal residence before October 1, 2010, in the case of a written binding contract entered into with respect to such principal residence before May 1, 2010, and for other purposes. Woo .
In Which I Call the Bottom of the Charlottesville Real Estate Market
I wonder if I’m going to be right. … I think we’re going to see a bottom of the market in or by 4th Quarter 2010. If we can achieve mere stagnation by then, I will be pleased. We’re not going to know the bottom until we have the benefit of 18 months of hindsight.