The market is working it out
As we knew it would. YouWalkAway.com. Wow. Hat tip to the Big Picture. They're in in for the long-haul, though: Registrar: GODADDY.COM, INC. Whois Server: whois.godaddy.com Referral URL: https://registrar.godaddy.com Name Server: NS1.SERFZUPONLINE.COM Name Server: NS2.SERFZUPONLINE.COM Status: clientRenewProhibited Status: clientTransferProhibited…
From $90k to $400k
Times they are a changin' Foreclosures trigger several reactions - fear, foreboding, worry ... and opportunity. The Charlottesville/Central Virginia region is really not that bad, but as Scott commented last week, This, of course, is why the MLS statistics are so lousy anyway - they…
Trulia says – Two Foreclosures in Charlottesville?
That's what Trulia would have you believe (and it's really not their fault). This post started as a breathless analysis of how great Trulia's new foreclosure search is, how I would use it every day, tell my clients to use it,(everybody wants to learn about…
Vacancies, foreclosures and opportunity in Charlottesville
The vacancy rate for the Charlottesville area are fairly consistent over the last 18 months, with a slight uptick recently. The key words are market knowledge, adaptation and patience. For Charlottesville/Albemarle - there are 1395 active properties, with 490 properties being vacant (35%). For the…
Foreclosures, Charlottesville and CNBC
CNBC actually had a non-scary housing story last Friday! Diana Olick noted that the data show that: "A full third of those facing foreclosures are speculators who took risky bets and lost." read: not homeowners who were duped into getting shady loans. and: "it just…
Record foreclosures in the Charlottesville area?
Seth Rosen has an interesting article in this morning's Daily Progress tackling the rise in foreclosures in the Charlottesville/Central Virginia area. There is plenty of culpability to go around - lenders, appraisers (HT: Property Grunt) Realtors and, don't forget - the buyers. I wrote a…