During the recession, many young adults graduating from college were forced to move back in with their parents. This caused new household formations to drop dramatically from the long term average of 1.2 million formations... Read More
The Charlottesville Area Association of Realtors end of 2015 market report was released on January 11, 2016. Click here for the full report. https://www.caar.com/docs/default-source/press-releases/caar-ye2015_press-release.pdf?sfvrsn=2 This report was encouraging because there were really no surprises. ... Read More
As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build... Read More
The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want... Read More
Here is the podcast from the radio show Real Estate Matters with Michael Guthrie on Charlottesville’s Newsradio1070 about Energy Efficiency in your home and how Realtors are working with Appraisers to justify the value of... Read More
The real estate market around Charlottesville and throughout the state of Virginia is trending in a positive direction. Click on this link for more details. https://www.caar.com/docs/default-source/press-releases/caar-2q_2015_press_release.pdf?sfvrsn=2 This report points to a continued housing market... Read More
The real estate market around Charlottesville and throughout the state of Virginia is trending in a positive direction. Click on this link for more details. https://www.caar.com/docs/default-source/press-releases/caar-2q_2015_press_release.pdf?sfvrsn=2 This report points to a continued housing market recovery... Read More
There’s a lot of good to see in the latest market report from CAAR. Please reach out to a trusted realtor though before you buy or sell a home as there are different parts of... Read More
In the Charlottesville/Central Virginia area like in many other parts of the country the housing market is beginning to gain momentum. As a result, the number of homes on the market, more commonly known... Read More
If I pay money to your lender to lower your mortgage rate — permanently — will you make me a better offer on my house? That’s a question that could become more commonplace as home... Read More
Although the real estate market nationally as well as locally here in Central Virginia, the lower priced homes have flat lined due to young people choosing not to buy at this time. For many, it... Read More
When people are thinking about relocating or retiring somewhere other than where they currently live, Charlottesville is often times in consideration. Why is that? One of the main reasons is the fact that it has... Read More