Date Archives March 2011

Monday Links – 21 March 2011 – Short sales, good news, real estate radio & inconsistencies

– Good News for the Charlottesville/Albemarle economy – Two Vacant Manufacturing Plants get Tenants : CustomInk and Indoor Biotechnologies . – Podcast of last week’s radio show on Coy Barefoot’s Charlottesville – Right Now! … If you have 15 minutes, please give it a listen; I’m curious to know your thoughts. (especially about my explanation as to why the Days on Market numbers in the MLS are crap). – If you’re working with an out-of-area agent, you’re doing yourself a disservice (and the agent is opening him/herself up to liability) – If you’re thinking about buying a short sale (with Bank of America), watch this video . … What will the impact be of the Matterhorn SeaStar? – Some really quick, brief perspective on the Charlottesville MSA real estate market, in my attempt to ascertain (and educate about) where we are right now in the Charlottesville real estate market: Listed between January 1 and March 20, 2011: – 1194 in 2011 (down 11%) – 1335 in 2010 – 1437 in 2009 Put under contract between January 1 and March 20, 2011: – 499 in 2011 (down 5%) – 528 in 2010. – 405 in 2009. Closed between January 1 and March 20, 2011 : – 306 in 2011 (down 17%) – 369 in 2010 – 237 in 2009 – I heard from another Charlottesville Realtor yesterday who had met an active buyer that the reason they didn’t buy last year is because they read this blog.

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UVA Match Day 2011 – Another New Beginning

Today is Match Day – the day when 4th year medical students find out (yes, I know, some of the more specialized programs match a bit earlier, and a fair amount of people have a good idea already where they’re going) where they’re going to spend the next several years for their medical Residencies.

…”Traditionally UVA Residents comprise a fairly significant portion of the Charlottesville and Albemarle real estate market generally at least three bedrooms, two baths (usually) no more than 20 minutes to the UVA Medical Center – usually not too old as Medical Residents tend to be quite busy “What’s a Resident generally looking for ? … It is my bold prediction that , not this year, but next year – 2012 – that it will be common practice for medical schools to live video stream their Match Day ceremonies.

… – UVA Match Day 2010 – Match Day at UVA 2009 – UVA Match Day 2008 – Match Day UVA 2007 Or, from a Twitter point of view : .bbpBox{background:url( #BDCA68;padding:20px;} Happy St.

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Talking about the Charlottesville Real Estate Market on WINA today

Tune in to Coy Barefoot’s Charlottesville – Right Now! program today on 1070 am at 5pm to hear a brief discussion about the Charlottesville real estate market, where we are, where we may be going, and where the market has come from. Better yet, WINA has recently entered the modern age and offers live streaming of their shows . If you have any questions, I’d love to hear them.

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Charlottesville is a Leader in Biotech

The greater Charlottesville region is home to more than 17 percent of the state’s biotech companies, based on information from the Virginia Bioscience Directory. It contains more than 20 percent of the state’s bioscience equipment companies, nearly 18 percent of its medical device companies and nearly 17 percent of its bioenergy companies. … Too often, our people — UVa post-docs, for instance — cannot remain in the commonwealth because the jobs aren’t here, and the jobs often aren’t here because the venture capital for exciting new startup companies comes from out of state. ( hat tip to the Virginia Bioscience Blog for pointing out the story ) The last snip is a challenge that the Charlottesville region faces, across industries. There is relatively little potential for growth, whether laterally or vertically. * no word on how they are defining “Charlottesville” – whether as ‘Charlottesville’ or ‘Charlottesville-Albemarle’ or ‘Charlottesville MSA’.

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