Posts tagged real-estate

Tune In To WINA Today at 4:15

today from four fifteen to five o’clock pm – please feel free to let me know in advance if there are any topics or questions you would like us to discuss or call in – 434-977-1070.

…Since 2006 there have been more than 1.5 million layoffs from home builders – that’s more than 3x the total number of UAW members (and that 1.5 million figure doesn’t include suppliers).

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End of The Year Market Report for Charlottesville Region

Agent Update – Only for Charlottesville, Albemarle, Fluvanna, Greene and Nelson:

Not having the membership numbers for the past several years, I omitted the “zero” column …


The number of Realtors in the Charlottesville area who have managed to do between one to five sides per year has remained fairly consistent over the past three years, with a surge at the height of the boom.
The productive Realtors seem to be suffering the most.
* To answer questions I get frequently – yes, I do make a living as a Realtor. As of this writing I am the 32nd most productive Realtor in the Charlottesville area. I hate writing that, but it’s a fact. (and our office is the 8th most productive office – not bad for a very small – ~7 agents – office)
Buyers and Sellers – when interviewing Realtors, do your due diligence and ask your prospective representation how productive they have been in the past 12 months – more on this in a later post.

Thank you sincerely for reading. Please let me know if you have any questions/comments/corrections.

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New Appraisal Issues Affect Realtors

When the Federal Housing Finance Agency (FHFA) was appointed conservator of FNMA/Freddie, implementation of the HVCC was pushed back to next year, but you can expect that the appraisal portion of your closing process will be different when it is implemented next year. … In the last week alone, we have been hired to reappraise two properties where the underwriter felt that the original appraisals, conducted at a lowball fee by someone else, simply did not provide enough detailed information to allow a decision.

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I Can Think of Only a Couple Reasons to Delete Comments

For just a brief moment, I’ll pull from the archives some advice I learned in August of 2006 about pulling posts that can be applied to comments as well – One of the best (and worst) parts of blog writing is that the author can be held accountable for each and every word written. … If you’re a Realtor, spend the time educating yourself at Jay’s post and elsewhere about the threat potentially posed to us by our own Associations.

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Waynesboro and August Brief Market Report

They say that pictures say what words cannot – Listing volumes for Waynesboro and Augusta List to Sell for Waynesboro and Augusta Days on market : 2005 – 104 2006 – 105 2007 – 126 2008 – 144 Contact me if you would like more detailed information, market statistics or other market data for Waynesboro and Augusta. This market is not immune to the current market volatility.

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Agent Update for 2008

(See Transparency in real estate fees and More on transparency in Realtor fees ) Contrast those numbers with those of 2007 – – 103 had more than 10 sides (31% fewer than last year) – 287 had more than 5 sides (28% fewer than last year) – 448 had between one and four transactions ( I ran it twice ) – ~460 had none. And 2006 – – 152 Realtors had more than 10 sides – 333 have had more than 5 sides – 450 Realtors have had between one and four transactions this year. – ~ 415 had none.

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