I’ve been showing a lot of houses lately. A lot of houses. (and writing an offer here and there as well). This past weekend was a “Chamber of Commerce” weekend – beautiful weather, not much…
The market – buyers, sellers, Realtors, everyone, is searching (fumbling?) for equilibrium and balance. The $8k dollar tax credit is absolutely helping first time homebuyers (really anyone who has not owned a home in the…
Courtesy of the C-Ville blog citing a newsletter from the Charlottesville Area Association of Realtors – All those home builders banking on selling houses to new National Ground Intelligence Center (NGIC) employees may be in for a rude awakening.
… Posts of enduring interest for buyers This is where I point prospective buyers/renters – the rental market is far more fragmented with the “for sale” market – The HooK’s classifieds C-Ville’s classifieds Daily Progress Blue Ridge Apartment Council Craigslist Charlottesville MLS While I make my living representing buyers and seller clients, often it is in their best interest to rent for at least six months to get a feel of the area, a lay-of-the-land, if you will.
With ceilings placed higher than the storage space maximum, the basements become a new floor on the buildings that could be occupied for future offices, thus requiring Wood to build 200 additional parking spaces , or seek a waiver from that standard. … Because we have heard storage is actually laboratory space as well, so we are trying to get a better handle on what the real use of this space is,â€ said Graham.
I’m not saying that we haven’t hit the bottom, but that calling it as such with so many unknowns and new variables in the equation would be the wrong thing to do right now, despite Lawrence Yun’s statement – ” Without Forecasts, we don’t look credible .” The Realtor update (1): 1st half 2005 : 115 had more than ten sides, 296 had more than five sides, 679 had at least one, with about five hundred or so not having a single transaction 1st half 2006 : 107 had more than ten sides, 285 had more than five sides, 740 had at least one, about four hundred fifty not having one. 1st half 2007 : 73 had more than ten sides, 232 had more than five, 687 had at least one, about four hundred with zero 1st half 2008 : 44 had more than ten sides, 169 had more than five, 619 had had least one, leaving about seven hundred with zero transactions so far this year. (out of 1201 sold residential properties) From the DP on Saturday : Many real estate agents may not manage to weather the moribund market before it solidly rebounds, Savage said.
I believe that they don’t put all of their properties into the MLS, so there is no accurate method by which to determine their specific market segment is doing. Buyers and employees have to be concerned in light of this news . (read the comments , too) Related reading: Not used to Northern Virginia traffic are you?