Friends/clients note two years in the Belvedere neighborhood ; they provide a candid look at the good and the not-so-good of living in a green neighborhood in Charlottesville that was hit hard by the recession.
Twitter Week in Review
But. The recession is over, right? At least that's what the politicians say & want us to believe. http://bit.ly/9SpfWB # Huh. NAR has quite the resource on "what to look for" regarding meth labs: http://bit.ly/cvZ69C # @LivingBeaverton seriously? in reply to LivingBeaverton # Only way to eradicate cat smell from the house I just showed is to burn it down. I need a shower, change…
Friday Chart – Who’s Donating Political Money in Albemarle and Charlottesville?
A slightly different Friday Chart , as election season is heating up. 
One of the questions I get from buyers moving to the area is, “What are the politics like around here?” … As of yet, political leaning is not yet a protected class, so I start with this analogy – The City of Charlottesville and the County of Albemarle are sort of like estranged parents who keep it together just enough so that the kids (in this case, residents) survive. … Luckily, we can do that – Find out who is giving how much and to whom at VPAP . … (I wonder how much good could be done with $2.3 million ) Top political donors in Albemarle County .
Which is More Impactful on House Values – Sexual Offenders or Foreclosures?
Sexual offenders may devalue a house by up to 17% . But … And, thanks to the WSJ : On average, a foreclosure reduces the value of a house by 27%, says a new paper from an economist at the Massachusetts Institute of Technology and researchers at Harvard University.
Baby Biscuit Run off Old Lynchburg?
A relatively small subdivision on one-acre lots near a forthcoming state park ? Sounds like a marketable product.
Days On Market Matter in Charlottesville
Slightly longer answer – I’d also wager that of those 47 homes that went under contract in the first 30 days, their selling price is probably closer to the original asking price than those homes that were put on the market 120 days ago.
… Think about it – while you might put your home on the market for $400k and it’s really worth $370k, the buyers know this . You likely won’t sell your home in the timeframe you need or want to; when you reduce your price to $380k in three months, you’ve (probably) been making mortgage payments and delaying the move to the next phase of your life that is dependent on selling your house.
…Schools in the Charlottesville area start around the third week of August (Albemarle – PDF), and we have about three months left before the annual doldrums set in.
Charlottesville Twitter Week in Review
Haven’t made time yet to figure it out. in reply to ProfessionalOne # Looking for things to do near Nationals Stadium during the Dave Matthews concert tonight. … # RT @ bbalm : I really loved that spot for the Albemarle County Fair 🙁 It’s been great being on the Ferris Wheel (cont) http://tl.gd/2mb5nv # You can’t make this stuff up. … # Real estate blogging ain’t rocket science http://bit.ly/dALe79 cc: @ robhahn # Reconciling the difference b/t what one thinks a house is worth & what the market thinks it’s worth is a difficult thing. … # Missing the # cvilletweetup but spending time with my kids. # win # RT @ TBoard : ntflix now has 15 million users. does that mean we need to figure out some way to use our accounts for marketing?