In the meantime – A whole-house checkup checklist Is Albemarle County to blame for growth/prices/etc? Economist Dean Baker was so worried about a housing bubble that he sold his Washington, D.C., condominium– at three times the price he paid for it– and rented an apartment instead. Now, about two years later, he’s still waiting for the bubble to pop. And lastly, this quote. “â€ÂNo, we definitely don’t see any bubble bursting here,“ says Dave Phillips, Charlottesville Area Association of Realtors CEO.
Browsing Category Charlottesville
A few morning links
Efficient Frontier Is there a housing bubble? Why are homes in some cities outrageously expensive, while those in other cities easily affordable? In attempting to answer these questions, I found that a simple and intuitive model of the housing market does a remarkably accurate job of predicting median prices. This model allows us to think more clearly about the state of today?s residential markets.
New website is up!!
My weekend will now be spent tweaking, editing and changing/optimizing…. Anybody who says that a website will run itself has never done it before.
More jobs in C’Ville soon?
Silvercrest CEO Moffett Cochran says they hope to double the number of local employees within a short time and expand enough over the next several years to become a major local employer. Cochran, a UVA…
Real estate tax reduction in the City
“The largest real estate tax rate cut in over a quarter of a century or longer is being proposed, a 4 cent reduction,” said O’Connell – from WCAV. Instead of helping qualified homeowners pay their…
Tax reduction in the City
This is a bit disingenuous, in my opinion. Rates go down by .04, but assessments rise by 20%. No more than a "look, we feel your pain" measure.I love this snippet - "The end of...
Opposition to Habitat?
C-Ville (who doesn't have an easy way to link to their articles) has an interesting story this week on the plans to build a couple of Habit for Humanity houses in the Holmes Avenue area.This...