This Sunday – An hour of talking about the local real estate market with host Rick Moore and Matt Hodges of Presidential Mortgage. I used to be overwhelmed at the prospect of talking on live radio for an hour; now it almost feels like it’s three hours too short. … Tune into WNRN radio at 11 am EST this Sunday. … A brief outline of what we may talk about: – Where we are – Where we may be going – Trends in the Charlottesville real estate market – Realtor production/competence – Legislation that may be affecting the real estate market – Foreclosures and short sales – Title insurance issues – Interest rates’ impact on the Central Virginia real estate market One of the most daunting parts of an hour of radio is the required prep work that must be done; it’s also one of the most exciting and rewarding part – prepping for at least three-four hours will absolutely, positively ensure that I know more about the local market and will be better able to represent and inform my clients.
Browsing Category Shameless Self Promotion
Charlottesville Sellers and Homeowners – Take Pictures of Your House NOW!
This is why: Even if you’re not planning to sell your house in Charlottesville or Crozet in the Spring, you might in two years … and the colors this year are really quite wonderful. … If you are thinking about putting your house on the market in the spring, now is the time to start prepping . … And I just happen to have a lovely house on the market there as well . /shamelessplugformyclients Here’s another thought: If you do think that you might be looking for a Realtor in the spring, start now. … We work with quite a few and I would be happy to recommend some for you.
Testimonial from an International Buyer Client
I don’t often post notes from my clients, but this one is an exception: 1 – It’s a great note.
…We would like to take the time to express our gratitude for your outstanding service in the purchase of our home at [redacted]. In our estimatino, you went above and beyond to assist us with the initiation, execution and completion of the transaction. … In our estimation you have set the bar very high for future real estate transactions with other agents. it was one of the smoothest transactions we have ever experienced.
Show Notes from Sunday’s Radio Show Discussing Charlottesville’s Real Estate Market
Assessments are a starting point when looking at market value. – Pricing a home to sell in Charlottesville – price it right from Day One, regardless of what you need or want to make. – What are some of the steps to take in preparation/anticipation of selling a home? … Less about staging and de-cluttering and more about the psychological steps taken to prepare for selling. – Selling vacant homes in Charlottesville – – This is the story about vacant homes and homeowner’s insurance – Getting rid of the house. – ” Accidental landlords ” – Accidental Landlords and the Shadow Inventory – What if – you can’t sell your home for more than you paid for it? … Businesses are held to different standards than homeowners – right, wrong ? – Fannie Mae Cracking Down on Walkaways – Fannie Mae’s Announcement – “Fannie Mae will also take legal action to recoup the outstanding mortgage debt from borrowers who strategically default on their loans in jurisdictions that allow for deficiency judgments” – Lenders Chase Borrowers for Money Lost in Foreclosures – “In many states — such as Florida, Illinois, New York, Texas, and Virginia, to name a few — lenders have the legal right, known as a deficiency judgment , to go after borrowers who owe money on their foreclosed home. … Is the Charlottesville area housing market accessible to to seniors? – What is the Charlottesville real estate market doing right now ? – — Ignore the national real estate data — Charlottesville and Albemarle foreclosures are increasing — Detroit’s bulldozing homes ; Charlottesville’s not that bad. — One of the reasons that the Culpeper market has been hurt so badly – It’s the exurbs .
Discussing the Charlottesville Real Estate Market on WNRN – 27 June 2010
I’ll be discussing the state of the Charlottesville real estate market this weekend on WNRN . The following are some of the stories I was (re)reading earlier this week to prep for the show.
… Vacant Homes for Sale in Charlottesville and Albemarle – June 2010
… http://www.housingwatch.com/2010/06/18/lenders-chase-borrowers-for-money-lost-in-foreclosures/
Foreclosures in Charlottesville Increasing – As Expected
Following up on the Charlottesville Bubble Blog’s noting that foreclosures in the Charlottesville MSA are up: As expected (I noted in 2009 that foreclosures in Charlottesville would likely increase ): What does this all mean from a market standpoint? Foreclosure activity is likely to increase, but we are nowhere near the foreclosure rates and percentages of the major foreclosure hotspots -parts of Florida, Phoenix, California – which account for a majority of national foreclosures. Foreclosure Data for Virginia (PDF) Look at mortgage conditions in Charlottesville at the New York Fed’s map . We’ll get through this.
My Clients’ New Home in Charlottesville
Thanks to Latitude 38, this is their new home in the City of Charlottesville : I’m always astounded when builders manage to actually fix the bajillion pieces together. I’m grateful to have wonderful clients who worked with a great builder to make this happen. Located on Mulberry Avenue near Cherry Avenue, another young family is moving in today and have plans to soon add a chicken coop and vegetable garden out back. … Note that there is a stream running through the front yard, so we built a bridge to access the house from the driveway.