Posts Published by Jim Duncan

A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.

Four Seasons Development in Ruckersville Going to Auction

Peyton, Substitute Trustee, will offer for sale at public auction on the Courthouse Steps, Circuit Court for Greene County, Virginia located at Court Square, Stanardsville, Virginia 22973 on Thursday, January 22, 2009, at 11:00 a.m., the real estate with improvements thereon known and described as follows: All that certain tract or parcel of land with all improvements thereon and appurtenances thereunto, belonging, lying and located in Ruckersville Magisterial District, Greene County, Virginia and more particularly described as 203.905 acres, as shown on plat dated September 23, 2004 prepared by Roudabush, Gale & Associates Inc., entitled “Subdivision Plat S.A. … SAVING AND EXCEPTING THEREFROM Lots 1 through 37, inclusive, 41 through 53, inclusive, 62 through 72, inclusive, 73 through 76, inclusive, 78 through 80, inclusive, 285 through 289, inclusive, 292 through 294, inclusive, 297, 298, 304 through 306, inclusive, 311 through 328, inclusive, 345 through 355, inclusive, 351 through 355, inclusive, 357 through 363, inclusive, 394, 395 and 536, FOUR SEASONS, PHASE ONE , as duly, dedicated, platted and recorded in Deed of Subdivision and Easement recorded in Deed Book 1014 page 300, also shown on Plat Cards 3875 through 3892, among the land records of Greene County, Virginia.

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Recap of Yesterday’s Radio on Charlottesville-Right Now!

In no particular order: – A Family Affair and Looney Toons (a great segueway, by the way) – Lawrence Yun and David Lereah and their roles as National Association of Realtors’ economists . … – Consumers’ expectations of Realtors – Lowball offers – RealCentralVA’s four year blog-iversary – Charlottesville regional market update and the culture of fear – Buyers’ and Sellers’ respective psychologies – Macro and micro-economics – Foreclosures, short sales and projections for next year – A return to traditional values – recognizing the intrinsic value of homes, rather than looking at houses solely as investment vehicles.

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Tune In To WINA Today at 4:15

today from four fifteen to five o’clock pm – please feel free to let me know in advance if there are any topics or questions you would like us to discuss or call in – 434-977-1070.

…Since 2006 there have been more than 1.5 million layoffs from home builders – that’s more than 3x the total number of UAW members (and that 1.5 million figure doesn’t include suppliers).

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Mark Your Calenders – Credit and Bankruptcy Lunch and Learn

In a real sign of the time, Piedmont Housing Alliance is offering this seminar – Wednesday, 14 January 200911:30 to 1 pm111 Monticello Ave, Suite 104 Open to the public – Free – (and bring your own lunch) · How long will the bankruptcy stay on my credit? … View Larger Map Limited Seating-Reserve Your Seat CALL 434-817-2436 or email: info@piedmonthousing.org Piedmont Housing AllianceCharlottesville Regional Homeownership Center

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Shadow Inventory – What Will Its Impact Be on The Charlottesville Real Estate Market

My definition of Shadow Inventory, specific to the Charlottesville market – Homes that are still for sale but have been withdrawn from the market for any number of reasons – to make the home appear less “stale,” to take a break for the holidays, or most likely – because the seller was unable to sell the home and was able to rent it, even though that rent may or may not pay the monthly mortgage … … I’m working on finding how many housing units we have in the Charlottesville area … as I noted earlier this year , Albemarle County and the City of Charlottesville had .03% and .02% respectively of housing inventory as being in foreclosure … if that were to triple (and I suspect this might be likely), we’d have a real shadow inventory issue to deal with.

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