The discussion at Cvillain continues to bear fruit.
Browsing Category sideblog
Complacency
I rarely post such things as this, but I felt it was too important not to.
Zip codes don’t work for real estate searching
Searching by zip code is, at least in the Charlottesville area, next to useless and perhaps more dangerous than useful because of the artificial and arbitrary boundaries they create. Searching by elementary school district is the most efficient use of localized search because that is a frequent target of buyers and is the most isolated search available in our MLS. Read ForSalebyLocal’s post for a more thorough reasoning as well as an alternative solution to zips.
Latch on to any glimmer of confidence you can
Call it what you will – grasping at straws if you must…. When asked of their plans to buy a home, consumers’ expectations increased for the first time since August, rising from a reading of 2.5 to 2.7. This change is not large by any measure, but the change in direction is important if it becomes a trend. We will monitor this component carefully given that the current soft sales are heavily driven by the lack of confidence.
I love that I come up first for this search in Google
passionate about real estate – yes, yes I am (and I hope it shows in my writing and client representation).
The Subprime Mortgage situation explained
In 45 slides.It actually makes sense. Download it or click through to a full-size version if it’s too small – it’s worth it.
Shifting Charlottesville housing market claims victims
Local appliance dealer closes shop, and others are hurting as well – details at the HooK.