Posts tagged albemarle short sales

Moving Median Home Price for Charlottesville MSA

in Market statistics on

Some year-end Charlottesville real estate market data for you: And a ♫♫♫♫♫ a Happ-y New Year ♪♪♪ Context coming on Monday, 3 January … as well as the answer to the question, “Is 2011 the right time to buy a house in Charlottesville?” (Answer: Maybe)

Moving Median Home Price for Charlottesville Metropolitan Statistical Area for the Past Year: Moving Median Average Home Price - Charlottesville MSA - 2010.jpg Moving Median Home Price for Charlottesville Metropolitan Statistical Area for the Past Five Years: Moving Median Home Price - Charlottesville MSA - five years.jpg Condos – Sales and Inventory Report 2006 – 2010 (PDF) Attached Homes – Sales and Inventory Report 2006 – 2010 (PDF) Single Family Homes – Sales and Inventory Report 2006 – 2010 (PDF)

Read More

A (Congressionally Mandated) Faster Short Sale Decision on the Horizon?

in General Real Estate Politics on

For context, in the Charlottesville MSA – Charlottesville, Albemarle, Fluvanna, Greene and Nelson, right now, there are 2513 active residential listings. 72 are marked as Short Sales.

…‘(4) SHORT SALE- The term ‘short sale’ means the sale of the dwelling or residential real property that is subject to the mortgage, deed or trust, or other security interest that secures a residential mortgage loan that–
… ‘(B) requires authorization by the securitization vehicle or other investment vehicle or holder of the mortgage loan, or the servicer acting on behalf of such a vehicle or holder.’.

…(b) Applicability- The amendment made by subsection (a) of this section shall apply to any written request for a short sale made after the date of the enactment of this Act.

Read More