Date Archives January 2011

Friday Chart – Contracts in January

I’ll let you know in 18 months.     Looking at all residential properties in the Charlottesville MSA put under contract in the first 27 days of the year over the past ten years …

…Or maybe it’s just an interesting Friday Chart . 99 single family homes + 25 attached homes + 17 condos = 141 properties put under contract in the first 27 days of January.

…Housing sales are at an all-time low (nationally) … make sure to educate yourself about the Charlottesville area market as well. … You need to align yourself with an advisor who has your best interests in mind, one who takes a realistic approach, one who is not afraid to tell you to rent, one who analyzed the market consistently.

Read More

Terremark in Culpeper Sold to Verizon

This news seems more interesting in light of the Fiberlight news from earlier today . (bolding mine) From Data Center Knowledge : Verizon will acquire colocation and cloud hosting provider Terremark for $1.4 billion in a deal that will accelerate the telecom provider’s push into cloud computing. Verizon will pay $19.00 in cash for each share of Terremark, about a 35 percent premium to the stock’s closing price of  $14.05 a share. Verizon (VZ) said the acquisition will accelerate its “everything-as-a-service” cloud computing strategy by adding a portfolio of secure, scalable cloud solutions, along with Terremark’s large base of business and government customers. Verizon also gets Terremark’s global network of 13 data centers,  including the NAP of the Americas in Miami, the NAP of the Capital Region data fortress in Culpeper , Virginia and facilities in Silicon Valley, Dallas, Amsterdam and Sao Paulo, Brazil.

Read More

Charlottesville Assessments are Coming! Assessments are Coming! (2011 version)

While I have long argued that they are often inconsistent with real market value , buyers look to them for guidance. Localities look to them for revenue, public schools look to them for the same. 2011 is going to be both interesting and important. A few questions that will lead to upcoming stories: – Will assessments continue to decline? – Will some pockets go up? – Will you challenge yours?

… Hickey said more than 28 percent of the total number of land parcels had been appraised as of Oct. 8 and that four field assessors were at work.“

Read More

More Fiber in Charlottesville – Fiberlight

(Charlottesville, VA) – FiberLight, LLC, one of the nation’s leading providers of mission critical, high performance fiber optic networks, announced today it will feature its newest high capacity fiber optic network, a 46-mile direct connection from Culpeper, VA to Albemarle County and Charlottesville, VA, during a special event on February 3. The new high-count, underground network will use enhanced fiber for lower latency and will provide a direct connection to Culpeper and Washington, D.C., home to FiberLight’s 500+mile multi-ringed, optical network.

  The event, which is scheduled from 11 a.m. to 2 p.m., Thursday, February 3 at the Omni Hotel in Charlottesville, will feature speakers from FiberLight, the University of Virginia, Charlottesville and Albemarle County. … FiberLight wholly owns its 500,000 fiber-mile network in key growth areas and offers robust metro networks in 21 metros within Georgia, Florida, Washington, D.C., Texas, Virginia and Maryland, as well as Wide Area Networking options at layer 1, 2 and 3 to major commercial hubs throughout the country.

Read More

The Future of Charlottesville – Albemarle Transportation Looks Like …

But members of the group’s Policy Board seemed more concerned Wednesday with finding ways to fund projects that have been in the planning stage for decades. … However, Snow was told none of those projects is even close to construction because all are in the conceptual stage. … … However, its construction will depend on right-of-way being donated by property owners. … “Both Charlottesville and Albemarle will be updating their comprehensive plans at the same time,” Williams said.

Read More