What is sufficient housing
This letter to the editor in the DP last week was funny: Why do we need to consider unprecedented growth of housing stock when the existing supply is greater than the current demand? Could it be that the monied interests of large-scale developers is driving…
Houses are selling!
Believe it or not, they are. Removing condos from the equation - In Charlottesville/Albemarle/Fluvanna/Greene: 141 properties sold in October 2006. 185 sold in October 2005. 196 in October 2004 and 194 in October 2003. Putting condos back in the mix, as they have become the…
Are there Two Charlottesvilles?
A reader wrote: A lot of the people I know don't think of living outside of the city as an option for them (I live in the city and work at the University). One couple on my street has two professional incomes and doesn't own…
Central Virginia development moves on
Biscuit Run, the proposed development to the south of the City has been revised downwards from a proposed 5,000 homes to 3,500 homes. The traffic study work session next month should be interesting. As always, Cvilletomorrow has much more information as well as a podcast…
Condos and CharlAlbemarle market stats
The market in the Charlottesville/Albemarle region is, shall we say, different from the way it was last year. "It's a great time to buy" - the new media blitz from the National Association of Realtors. I have said it before and will say it again…
Links for 11-01-2006
A possible way to get a data off a dying hard disk- wish I had an external HD enclosure handy. With all the talk about Zillow, why no fuss about ditech.com's implementation of "eAppraisals"? They are trying to entice folks to refinance based in part…
Housing numbers are down
And inventory is up. Rates are low. Home price appreciation is slowing. Inventory is up. Significantly. note: as soon as I figure out how to upload an image via coding, rather than depending on my normal program, I will. Regarding NAR's press release: They have…
Charlottesville MSA’s 3rd Quarter Stats
Can be found here The City of Charlottesville loves the condo sales! More on these numbers later ... take a breath ... we're not as bad as many (most?) of the other markets out there ...
Pockets of Pain
I wrote last Friday about how I was going to write about the segments of the market that I expect to experience the most pain. Irresponsibly, it has taken me until now to write about those pockets. When I say "pain," I do not necessarily…
Is Albemarle County growing too fast?
Today's release of Albemarle County's citizen survey notes a few interesting facts: (Summary) (Full report - 142 pages!) We as a people have a lot of growing to do. I've said it before - we are going to grow. How we grow, where we grow,…