I’m deviating from my recent Friday charts that have focused on Charlottesville real estate stats and deferring to the importance of the upcoming Charlottesville and Albemarle elections. Thanks to the awesome folks at VPAP: That Dennis Rooker has raised $70k in an uncontested race is … surprising? Offensive that local politics cost so much? I think the Rio race is perhaps the most important and…
The $8,000 Tax Credit – What’s the True Cost?
Part 1 of 2. The $8,000 Tax Credit has helped a few of my clients this year, but I’d argue that most of them would have been buying anyway – regardless of whether the government was offering free money. Is it time to let this credit expire? Already I have spoken to folks who are looking to buy homes in Charlottesville who are concerned that:…
OpenSpace in Charlottesville – Month One
I’ve made secret of my desire for the new OpenSpace in Charlottesville. The following is from them, and I think what they offer tracks well with where I see tomorrow’s (and today’s) Realtor … And dear FTC. I haven’t received sort of comp or compensation for this or any post. We are glad to have your business and are excited about the response we have…
Charlottesville – A Great Place to Start a Business
Thanks, CNN Money. MSA: Charlottesville, VA Best places ranking: #19 among small metro areas Population: 194,391 Entrepreneurs with brainy businesses find Charlottesville a great place to launch. The University of Virginia plays a starring role, bringing diversity and tremendous cultural, creative, scientific and historical resources to the city. It also helps foster Charlottesville’s thriving entrepreneurial community. Local business owners can’t say enough good things about…
3rd Quarter Nest Realty Group “Nest Report”
This report is far more comprehensive than any we have done to date. Read, digest, ask questions, and try not to get lost in the forest whilst looking for trees. In the next few days and weeks, I will be expanding on some points within this report. Nest Realty Group Charlottesville Virginia Real Estate Market Report – 3rd Quarter 2009 Download the market report here:…
Land Use Reform in Albemarle County?
David Slutzky is proposing dramatic changes to land use in Albemarle County. Courtesy of the Daily Progress: Under David L. Slutzky’s idea, rural landowners would be given a choice: They could pay real-estate taxes based on the land’s fair market value just like the vast majority of county landowners, or they could get massive land use tax breaks by agreeing to keep their land permanently…
Charlottesville Real Estate Market Report – Third Quarter 2009
Have we reached bottom? I don’t think so, but will say we’ve hit bottom when I have the benefit of 18 months of hindsight. My prediction: we’re going to continue to see downward trending of prices until the third or fourth quarter 2010, followed by price stability/stagnation until homes start to appreciate again. Here we are … Right Now: 2,328 Homes actively for sale in…