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If You’re Looking at Zillow to Value homes in the Charlottesville Area

Heck, Greene County’s not even there .  Of course, they “only” represented 10% of all homes sales in the Charlottesville MSA last year. ๐Ÿ™‚ Median sales price and volume of single family, attached and condo sales for Charlottesville MSA in 2010: Sales by area - Charlottesville MSA - Greene County Highlighted Note: the less metropolitan/urbanized/populated areas are less accurate. … For now, “But until Zillow gets a lot smarter, I don’t recommend making it a trusted bookmark. ” Virginia Data Coverage and Zestimate Accuracy - Zillow - Albemarle through Fluvanna Virginia Data Coverage and Zestimate Accuracy - Zillow - Charlottesville.jpg In time of course, they will get better. It’s best not to underestimate those with piles of money and lots of smart people. Thanks to Dan Greene for pointing this out ; I’d seen it a few years ago but forgot all about it.

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Talking about the Charlottesville Real Estate Market – WNRN Radio 9 January 2011

If you are interested in – whether from a buyer, seller, voyeur, moving to Charlottesville perspective, I highly encourage you to listen to this hour of radio Matt Hodges and me as we discuss the Charlottesville real estate market, national trends affecting all of us, and what the conversation may mean to you, the real estate consumer. … Some of the stories to come: One of the best parts of doing radio shows is that I always generate new ideas to write about. – Top 10 most popular neighborhoods in the area; I’m finalizing the methodology for how this will be determined, so I won’t promise the publication date. – An expansion on the nomadic class. – The internet’s/telecommuting’s impact on attracting people to the Charlottesville area. … Title issues, conveyance of title, property ownership – I think this is going to be a huge story in 2011. – Mobility – many of today’s potential homeowners are choosing to not buy because they want to have options. – QE2 – DIA and NGIC – their impact on the Charlottesville real estate market; in short, they they provided a stabilizing force. – Loan Level Pricing Adjustments – what does this mean to homebuyers?

Charlottesville Foreclosure Rate and Foreclosure Activity Information | thanks to RealtyTrac – Foreclosure rate for the Charlottesville MSA – Majority of Virginians oppose gas-tax increase – Town hall to discuss Hollymead development area expansion – Realtors’ response to Mortgage Interest Deduction – Commentary: Mortgage Interest and Real Estate Tax Deduction Facts – Facing Scrutiny, Banks Slow Pace of Foreclosures – Homeownership is not a must .

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10 Ways to “What is the Best Neighborhood in Charlottesville?”

I have catalogued some of the Charlottesville neighborhoods over the years, and will be making an effort to rejuvenate this series in 2011.

…4 – Or “Walking distance to school” 5 – Or close to the kids (Charlottesville is good for retirees and to retire young ) 6 – Or “just far enough from mom and dad that they’re not over every day but can babysit” and they’re not right across the street . 7 – Or “Best resale value over the past twenty years” and best projected resale value over the next ten years. 8 – Or “Best new construction” quality and value 9 – Or “Best architecture” 10 – Or “it just fits perfectly what I and my family are looking for.”

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Housing Stories to Confuse Even Those of you Really Paying Attention

That said, the key point to remember is this: Buying a fairly priced home at today’s rates may be the best deal you will ever get.

…At different times, under different conditions, all arriving at different prices, frustrating and confounding buyers and sellers.

… And THEN (I’ve been saying this for years, often in opposition to many of my colleagues in the real estate world: – From VARBuzz – Is Homeownership for Everyone?

…Buying a home isn’t for everyone, but excellent housing opportunities abound for those who plan to stay in the same geographic area for the years to come.

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