You should seriously consider starting your own mortgage blog. This is a real void in the Charlottesville market. I’ll be happy to help in any way I can.
Browsing Category sideblog
Why some Charlottesville condos are risky
I saw in craigslist today an ad offering a condo for rent in a condo conversion in the City…. Basic mortgage math says that the PITI payment for that would be, assuming 30-year amortization and 5% down, 6.5% interest rate says that the mortgage payment would be just under that $1200 threshold (not including the condo fees)…. when one can purchase a similar unit for about the same price as renting it – is that still a good buy? ** I am not going to link the condo conversion as I don’t want to be accused of raising a ruckus about any particular development; I may sell one of them one day.
How to get free publicity from bloggers
Just ask. (I am told that my copy is “on its way.”)
Charlottesville Neighborhoods – Barracks Road
I am partial to this part of Charlottesville for a variety of reasons, first and foremost being that I grew in this general vicinity.The hub of this part of Charlottesville is the Barracks Road Shopping Center, home the only two stores I personally need – Greenberry’s coffee shop and a Barnes and Noble.The Charlottesville Community Design Center defines the area thusly: (again, check out their great maps!)The Barracks Road, Rugby, Greenleaf, Kellytown area is a combination of many neighborhoods located in the north central portion of the city. This 386.44 acre area of the city is bordered by Barracks Road Commercial Corridor to the south and the 250 bypass to the north. This area was annexed into the city during the 1916, 1938 and 1963 annexations. The majority of the neighborhood is owner occupied single family dwellings.My description of the area expands a little bit to the West, just beyond City limits.
Rules for real estate agents
Good post today at the Big Picture.
The Subprime picture
A picture is worth at least a thousand words.
Hitwise, Zillow and Realtor.com
There has been much talk the past several days about Hitwise’s announcement that Realtor.com is still the reigning champ in the online real estate search arena…. Google’s share of the pie is rising – rapidly; to ignore that until now is pure negligence and arrogance.As I tell my daughter – whether in sports or business – there will always be somebody smarter, faster, stronger, meaner and more driven than she/we.And today brings this from Business Week -All the attention (and online traffic) has spurred rival Realtor.com to respond. The company’s new Real-Time Market Snapshot gives online home shoppers access to more recent sale prices in a particular neighborhood.But, in typical fashion that contradicts the consumers’ desire to have unfettered access to the information:In order to get that Real-Time snapshot you have to leave a particular property address and your contact info with Realtor.com, which then feeds your request to a local Realtor…. (Bolding mine)Questions:- Why can Realtor.com provide sold data, but our local MLS cannot?- When will Charlottesville’s data be available?- What good is picking a Realtor at random?On a side note, I received a voice mail from a Realtor.com rep today asking whether I was going to renew my “enhanced listings” package, which is really the ability to have more than one picture, and costs several hundred dollars – asking, “I am calling to see if you are ready to pay …”