Exactly what our region needs – more high end homes.
From today's DP - Greene County supervisors on Tuesday opened the door for a new high-end neighborhood in Ruckersville. ... The 40 new one- and two-story houses likely will cost between $430,000 and $450,000 - a price range that would cover most county service costs,…
Fuel prices’ impact on “where to buy” decisions
if you live an additional 10 miles away from work, that means that (most likely), two cars are driving an additional 20 miles a day - an extra 40 miles per day. Stay with me here. For every $100 in mortgage payment, one can afford…
Candidate interviews at Charlottesville Tomorrow
We should be grateful that we have Charlottesville Tomorrow to provide these resources. In their words - This will be as close to a fireside chat as you can get with the candidates before election day! If you get to vote in a competitive race,…
Belvedere and Wickham Pond
The County has finally approved the latest Neighborhood Model planned development - Belvedere, about which I have previously written. The County's constant delaying tactics have, due to market forces in my opinion, most likely driven up the prices of these properties, once they get built.…
Northern VA taking CAAR’s lead on affordable housing
It's a start - Such a program would be geared toward county employees -- including teachers, firefighters, police officers and nurses who make too much to qualify for Montgomery's affordable-housing program but not enough to buy a house or condominium at market rate, Silverman said.…
Quote of the Day
Referencing Old Trail in Crozet - “No plan is perfect, but it's probably the best plan I've seen,” Supervisor Dennis S. Rooker said. When a citizen addressed the familiar concern that the Crozet area and the 250 Bypass will sprawl and become the next Route…
Bubble editorial, etc.
From the WSJ - Yet basic economic logic suggests that this apparent evidence of a bubble is anything but. Even in the highest-price cities, housing is, at most, slightly more expensive than average. Here's why: While house prices over the last decade have gone through…
Affordable housing
I will have to find time to listen to this today. Affordable housing does pose a great challenge to our region. More than likely however, more government involvement is not the answer. Government has no business attempting to legislate affordability.
Old Trail Approved
The Old Trail development was approved last night. The impact on the infrastructure in Crozet should not be minimized. It will be interesting to see in fifteen years whether the developers still live in the area. Daily Progress WINA My favorite quote - “As far…
Affordable housing?
This caught my eye in today's story on Old Trail Village in Crozet. Developer Justin Beights says Old Trail Village will include affordable housing and park land.Hmmm. What is affordable housing? Albemarle County defines (pdf) affordable housing as Affordable Housing, in general terms means safe,…