Downtown Renovations continue
C-Ville Weekly - Charlottesville's Best Weekly Newspaper: There's just no accounting for the pace of redevelopment on the Downtown Mall. Some things move fast, and some things move slowly. Eager 'villeans will just have to wait to see what's behind the drop cloths and scaffolding…
IRS Flip-Flopping
Inman News - Real Estate News and Advice for Buyers, Sellers & Investors: From IRS Web site:“Property Flipping” — A buyer pays a low price for property, then resells it quickly for a much higher price. While this may be legal, when it involves false…
Glad I went to VMI
I graduated from VMI in 1998. I was always told how the (now defunct) VMI experience was preparation for the real world that was unparalleled. I had no idea. (more…)
Reader question
I know you focus on the C'ville area but I wonder if you have any thoughts on the Lynchburg area. We went looking for a second-retirement home two years ago and started with C'ville. We found it too expensive and the housing stock not particularly…
Affluent growing more concerned about nation’s economy
Affluent growing more concerned about nation's economy - Apr. 25, 2005: The survey found that 60 percent of those surveyed now believe a bubble exists in real estate prices, the highest reading since the survey started in January 2003. But while 26 percent believe the…
Oh oh in UK
UK housing bubble is bursting says Bloomberg's Matthew Lynn. Choice quote: “These are nervous times for anyone who has invested in British property.” (more…)
Blogs Will Change Your Business
Blogs Will Change Your Business: Go ahead and bellyache about blogs. But you cannot afford to close your eyes to them, because they're simply the most explosive outbreak in the information world since the Internet itself. And they're going to shake up just about every…
When is enough enough?
Public Hearing Notices Detail: Request to rezone 20.52 acres from Rural Area, R-A zoning district, to Neighborhood Model - NMD to allow a combination of 97 single -family detached and condominium/townhouse residential units. The property, described as Tax Map 56 Parcel(s) 92 is located in…
Market Stats
Our MLS just released a more robust statistical engine. Here is my first quick attempt - The Median Price is pretty interesting. (more…)
Half of the world’s wealth is now in real estate….
Half of the world's wealth is now in real estate.... Half of the world's wealth is now in real estate. Newsweek weighs in on housing boom with global angle: Real Estate Gone Wild