Public Hearing Notices Detail: Request to rezone 20.52 acres from Rural Area, R-A zoning district, to Neighborhood Model – NMD to allow a combination of 97 single -family detached and condominium/townhouse residential units. The property, described as Tax Map 56 Parcel(s) 92 is located in the White Hall Magisterial District on 5023 Three Notch’d Road, Route 240, approximately 1,000 feet from the intersection of Route 240 and Highlands Drive, which is also known as the entrance to The Highlands subdivision…. As a REALTOR, growth is ostensibly good, but all of this growth does threaten the beauty and supposed tranquility that draws people here. It is simply irresponsible to approve development after development without planning first, or at least simultaneously, for new modes of transportation, whether roads, rail, whatever.
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Market Stats
Our MLS just released a more robust statistical engine.
Water meeting tomorrow
The DP reports on tomorrow’s water hearing with The Army Corps of Engineers, Department of Environmental Quality and the Fish and Wildlife Service at 10:30 a.m. in conference room A at the Albemarle County Office Building. One of the misconceptions is that we as a region have autonomy with regards to the upcoming decision. In fact, the above referenced government agencies will tell us which option is best, primarily regarding environmental impact.
Another bubble article
As the prime season for buying and selling unfolds, very few homes are for sale, prices are climbing rapidly and desperate would-be buyers are bidding feverishly against each other…. To afford ever-pricier homes while keeping monthly payments under control, buyers are routinely taking out interest-only loans, adjustable-rate mortgages or even negative-amortization mortgages, where a buyer borrows more than the purchase price of the home, something that worries even the most bullish of housing economists and builders…. Investors comprise a large part of (guessing >20%) of the market and, most importantly to me, most of my Buyers are not local. They are coming from other markets, with their New York, Boston, California money and thereby pushing prices even higher.
CAAR’s 2005 First Quarter report is released
Check it out here. My analysis will come tomorrow.
Coaching
Having a coach can be a career-altering experience. I have been working with Carl Heimlich with C&F Mortgage for several months now, building a quality, long-term relationship that has already had a significant impact on my business. I can attribute some of the recent success of my Monthly Newsletter to his encouragement. Sharing ideas with good professionals can (and should be) a valuable experience.
CAAR’s 2005 First Quarter report is released
My analysis will come tomorrow.