Much needed road inches closer to …

I don’t know – is there a measure larger than “inches” that can be used as a verb? The Charlottesville City Council approved a route for the Hillsdale Drive Connector that would thread it through the Seminole Square Shopping Center despite pleas to abandon the proposed road from residents who live near it. …We need this road – we need just about any road to…

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Huh? Fixed-rates are cheaper?

As the Federal Reserve has boosted short-term rates, it has become more expensive to take out adjustable-rate mortgages and home-equity lines of credit. Usually when short-term interest rates go up, long-term interest rates go up as well. But confounding many experts, rates on 10-year Treasurys — the benchmark for long-term, fixed-rate mortgages — have been edging downward or moving sideways. The upshot is that ARMs…

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New market indicator from NAR

“After several years of study and data collection, the National Association of Realtors has developed the Pending Home Sales Index (PHSI), a new leading indicator for the housing market. The index aims to provide advance information on future home-sales activity and offers more solid information on changes in the direction of the market than any of the indicators currently available, according to the association. The…

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It’s damned dishonest

When that listing agent allows and even encourages other Realtors to be pushy about getting their buyer-clients in the house before said date, I think that is dishonest and unethical. I don’t work that way and this behavior encourages the negative public light in which many Realtors are portrayed.

What’s it worth, baby?

The pitch: The Equifax Home Valuator? will improve your knowledge when buying or selling a home and is a good way to measure the value of most any home. …I dug (ok, clicked) a little bit deeper and found their nifty little disclaimer – Sellers: The value range of your home reflects the price of comparable homes sold in your neighborhood. The condition of your…

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Ha.

“The Albemarle supervisors want to look at a possible transportation link benefitting those who live along Stony Point Road. They want to explore a road that would connect Route 20 North with either Rio Road or 29 North. The supervisors hope to team up with the city and the state highway department to pay for a study. Supervisors’ Chairman Dennis Rooker notes this connector road…

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