Albemarle Archives - Page 76 of 115

Bus, Bike and Walk around Charlottesville

in sideblog on January 12, 2010 January 2, 2010

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New Charlottesville MLS Market Reports

Our MLS, Solid Earth, has just released some new statistical reports. They’re pretty darn great. Unfortunately, they are for the entire MLS – not just Charlottesville, Albemarle, Fluvanna, Greene, Lousia and Nelson. As far as I can tell – this is the Moving Median Price for the past five years for the entire MLS … which incorporates way more than just the Charlottesville MSA. And this is the the Moving Average for the past five years:

Twitter Week in Review

in sideblog on January 3, 2010 January 3, 2010

Reviewing my tweets from the past week … because I want the content to live on my blog as well as Twitter’s. They’re my words, after all … Don't make others' networks your sole –…

Biscuit Run is Sold to State to Become State Park

in Albemarle General Real Estate Growth Politics on December 30, 2009 December 31, 2009

Kaine today announced the purchase of approximately 1,200 acres in Albemarle County known as “Biscuit Run” to be held by the state as a site for a future state park. “When developed as a state park, this extraordinary piece of land will benefit the citizens of Albemarle, Charlottesville and the Commonwealth for recreation, natural resource protection and the preservation of open space in a fast growing area,” Governor Kaine said. … “This is a once-in-a-lifetime opportunity for the state to acquire such a valuable property which offers spectacular mountain views, abundant flora and fauna and is in the viewshed of Mr. … Funding for the purchase was provided by a combination of federal grants and existing state bond funds available through the Virginia Public Building Authority and the State Parks and Natural Areas bond, voted on by the public in 2002.

Homebuyer Tax Credit in 2010 – Who’s Eligible?

in Albemarle General Real Estate on December 30, 2009 December 30, 2009

â€¢ Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.

…If you or your client purchased a home between January 1, 2009 and November 6, 2009, please see: 2009 First-Time Home Buyer Tax Credit . … Under the Extended Home Buyer Tax Credit, which is effective on November 7, 2009, single buyers with incomes up to $125,000 and married couples with incomes up to $225,000â€”may receive the maximum tax credit. … If you or your client purchased a home between January 1, 2009 and November 6, 2009, please see 2009 First-Time Home Buyer Tax Credit . — Part 1- Quick Update on the Charlottesville Real Estate Market Part 2 – Short sales and Foreclosures in Charlottesville Part 3 – Homebuyer tax credit in 2010 – Who’s Eligible?

Short Sales and Foreclosures in Charlottesville

in General Real Estate on December 29, 2009 February 19, 2022

As of this writing, short sales and foreclosures are not yet considered “the market” when appraisers are doing their analyses, but I as a Realtor representing buyers and sellers am absolutely considering short sales and foreclosures when advising my clients. … When advising sellers who may be considering short sales, we will have a long and in-depth conversation (or two or three) about the considerations, ramifications and things that they and I need to do in order to effectively conclude a short sale transaction.

… â€¢ Death â€“of a borrower â€¢ Dying-Sickness of a borrower affecting their ability to earn and pay their debt â€¢ Destitute-an involuntary loss of income Divorce- in this case, when one of the occupants leave and it affects the income of the house it can be deemed an acceptable hardship.

… Foreclosures in Charlottesville: Two properties with $100k price reductions A quick look at some of the foreclosures in the Charlottesville/Albemarle area shows that there are foreclosures ranging from $25,913 to $1,010,000. (more trustee sales notices get posted every day) These are some of the foreclosures in Charlottesville and Albemarle that are listed in the Charlottesville MLS: — Part 1- Quick Update on the Charlottesville Real Estate Market Part 2 – Short sales and Foreclosures in Charlottesville Part 3 – Homebuyer tax credit in 2010 – Who’s Eligible?

Quick Charlottesville real estate market update – End of 2009

in Albemarle Charlottesville Market statistics on December 28, 2009 December 30, 2009

Just for residential real estate in the City of Charlottesville and the County of Albemarle – Predictions and Prognostications: The “bottom” of the Charlottesville real estate housing market may come in the third or fourth quarter of 2010. … I have no idea, and if I told you, I’d be lying. 2010 is likely to bring more moderated prices, with increased transactional volume. 2010 will see higher interest rates, that will still be remarkably low. … Please let me know if you would like to see any specific information or data) More on Home Sales – Charlottesville/Albemarle 2006 2007 2008 2009 More on Home Sales – nationally New-Home Sales Drop 11.3% As Impact of Stimulus Fades Home Sales up as Buyers Respond to Tax Credit – National Association of Realtors (read with the biased grain of salt) Why U.S.