Is one of the most important questions my buyer clients ask. … This is the perfect opportunity for the County of Albemarle and City of Charlottesville to cooperate, share, partner, whatever. … For buyers looking in the City of Charlottesville – search for crime by neighborhood, address, intersection, bus stop, Charlottesville City parks … at Charlottesville Crime View . Thanks to WCAV for the report .
Charlottesville Median Inventory Update – End of February
A brief update on the Charlottesville, Albemarle and Charlottesville MSA real estate markets … for single family homes. For much more real estate data and charts, click through to sign up for spam-free updates. As always, please let me know what questions, comments, insight you may have, either in the comments or via email – jim AT RealCentralVA DOT com. [altos_regional_chart regionId=”52648526″ rt=”sf” ra=”a,c” q=”a,c”…
Twitter Week in Review
If you don't understand, please park elsewhere http://post.ly/Orii # Whew. Long, long day of showing houses. Productive & had a little adventure or two. # Showing about 10 houses today. 9 are vacant. Sweet. #cville # Single-Agent Dual agency is a great option. If you really don't want representation. http://bit.ly/amwAe5 # Finding spelling errors in the VAR Buyer Broker form: priceless. Suite does not =…
Part of Virginia’s Buyer Broker Agreement That Speaks to Dual Agency
Single agent dual agency in Virginia is (usually) bad. That is all.
Charlottesville’s Downtown Mall – A Brief History
The Charlottesville Downtown Mall from Karl Krause on Vimeo . Found via Twitter .
What Matters to You when Relocating?
Inspired by a conversation at Roost’s Facebook page , my answer to the question was: Schools Parks Internet Accessibility – the Charlottesville/Albemarle region does not have 100% coverage. … Proximity to work Who the neighbors are – are they at similar “life-stages” to you? Churches if that matters Proximity to grocery stores & coffee shops Are there bike lanes? Property taxes School budgets, school test scores, percentage of kids on free/reduced lunches Walkability These are just some of the factors that my buyer clients have recently brought up.
FHA Changes – What they mean for the Charlottesville real estate market
Guest post by Matt Hodges with Compass Home Loans : FHA has picked up much loan volume that the sub-prime world vacated – so much so that for every ten new purchases, FHA insures three.
…For all new case numbers (FHA’s mechanism to keep track of loans they insure) assigned on April 5, 2010 or later, the UFMIP will increase from 1.75% to 2.25%. … It might be at a $200,000 loan, but at $100,000, most borrowers will expend at least $3000 in closing costs, pre-paid items and points. … If HUD removes the ability to get seller concessions at the lower loan amounts, they will be directly affecting the housing recovery and effectively be discriminating against poorer borrowers, who can only afford lower priced homes.