Browsing Category Market statistics

Housing Stories to Confuse Even Those of you Really Paying Attention

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That said, the key point to remember is this: Buying a fairly priced home at today’s rates may be the best deal you will ever get.

…At different times, under different conditions, all arriving at different prices, frustrating and confounding buyers and sellers.

… And THEN (I’ve been saying this for years, often in opposition to many of my colleagues in the real estate world: – From VARBuzz – Is Homeownership for Everyone?

…Buying a home isn’t for everyone, but excellent housing opportunities abound for those who plan to stay in the same geographic area for the years to come.

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Charlottesville Real Estate Market Update – October 2010

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October 2010 marked the 4th straight month that our sales in the Charlottesville MSA were  down.   The 9 straight months of month-over-month sales increases is in danger of being completely wiped out.   And sales in Oct 10 weren’t a little off as compared to Oct 09, they were WAY off.  … After 2 straight months of being just a few sales short, October proved to be the second worst month in the last year (July sales were off a whopping 36%).

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Home Sales Trends in Virginia – From Virginia Association of Realtors

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Albemarle, Augusta, Bath, Buena Vista City, Charlottesville City, Fluvanna, Greene, Harrisonburg City, Highland, Lexington City, Nelson, Rockbridge, Rockingham,Staunton City,Waynesboro City

This is the moving median average price for homes in the Charlottesville MLS for the past four years. Moving Median Price for homes in Charlottesville MSA – So for all intents and purposes, the report is somewhat irrelevant as it speaks to such a broad region. – Because Virginia is a non-judicial state, we most likely won’t be affected by the robo-signing issues. – Analysis of past two recessions compared to this one. This recessions’ recovery is stronger than 1991 and 2001, doesn’t feel like it due to in part to consumer confidence . – Three consecutive months of positive job growth in the state.

… Virginia Association of Realtors 3rd Quarter 2010 Home sales press release (PDF) and I’ll post the podcast when it’s up. Sales and Inventory for homes in Charlottesville MSA  (PDF) — Check out the new graphs at the bottom .

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