C’Ville’s bubble
In response to cvillenews' post this morning titled "C'ville's real estate bubble?" My short answer is "maybe." There are three kinds of lies: lies, damn lies, and statistics. --Benjamin Disraeli Figures don't lie, liars figure. --Mark Twain (attributed to)There has been an awful lot of…
Condos.
The will convert anything to condos nowadays. Here, a building Downtown in Court Square. Location, location, location.
Cooling.
When America's housing boom finally ends, don't expect a loud pop. "It's not going to be a big dramatic event," says William Apgar, senior scholar at Harvard University's Joint Center for Housing Studies.From today's WSJ. I wish I could do a poll like the snapshot…
Expanding our horizons
If nothing else, hopefully this proposed road will broaden the typically myopic Charlottesville/Albemarle discussion of transportation. From today's DP - Recently retired Del. Mitchell Van Yahres and two other prominent Charlottesville residents are promoting an environmentally friendly parkway to parallel U.S. 29 to the west.…
FSBOs and Realtors be aware
Albemarle County is targeting illegal signs, despite the fact that this is technically a state issue. The Board of Supervisors requested this sign education program in response to the large volume of illegal signs ranging from real estate notices to yard sales to commercial business…
Urban Flight
The Road to Ruin is now almost a required daily reading for me. This post titled "The Fear Factor in America's Growing Exurbs," highlights this, citing a NYTimes article. The growth that we are seeing is not isolated to the Central Virginia region; it may…
Wakeup Call: Does Charlottesville have enough water?
I have not yet listened to this Podcast (as my cable at home was down all night and afternoon), but the subtitle seems great in that it references "Central Virginia" rather than the myopic "Charlottesville" Listen to it at Charlottesville Podcasting Network. Our current and…
Green Parade of Homes
Looking for something to do this weekend? Check out the EarthCraft House Parade of Homes. From their release - Sensibly Built for the Environment An innovative new green building program that works with home builders to construct resource and energy efficient homes that lessen the…
Self-fulfilling prophecy
The bubble-watch continues. WSJ - The number of homes available for sale has increased sharply in some of the nation's hottest real-estate markets -- one of several recent signs suggesting that air may be seeping out of the frenzied U.S. housing market. In northern Virginia,…
FairTax
I am finally reading the FairTax book and find myself quickly becoming a convert and and advocate of said FairTax. My main concern, due to my profession, is the home mortgage deduction - they have that covered. Please read this book, ranked #5 on Amazon…