From the category archives:

Foreclosure Trends

Fannie Doesn’t Want Real Estate Flipping

November 11, 2011

Bank-owned real estate is now affected by a Fannie Mae provision that prohibits the resale of a property for at least 3 months from the “date of the deed”.  The purpose is to discourage new owners from flipping bank-owned properties right away.    And during the 3-month waiting period, a promised sale price can’t exceed 120% of the Fannie [...]

Read the full article →

A Look at the Current Charlottesville Housing Market

October 31, 2011

Barry Merchant, an economist with the Virginia Housing Development Authority, visits the Charlottesville Area Association of Realtors twice a year to advise us of the current economic trends and more importantly how they are impacting the Central Virginia real estate market. Read here his latest presentation given at Farmington Country Club on October 26, 2011.

Read the full article →

Charlottesville Real Estate Market Ranked #6 in Nation

October 3, 2011

The latest issue of BuilderOnline magazine has an analyzation of the national housing market, taking into account the number of new homes and sales midway through 2011.  Charlottesville ranked #6 in their Top 20 poll.  New home sales made up of attached (townhome and condo) homes accounted for 16% of all sales as of June 2011.   [...]

Read the full article →

Louisa County VA Real Estate Statistics

September 16, 2011

Louisa County lies just to the east of Charlottesville in central Virginia (map at bottom).   Louisa’s charming town of Gordonsville is surrounded by farms and horse properties, and also the Spring Creek Golf community is in Louisa Co.  Property sales details are below. Here are active listings in Louisa Co. at this time. We’ve [...]

Read the full article →

Charlottesville VA Real Estate Statistics

September 16, 2011

Charlottesville VA is in the middle of Albemarle County (map at bottom).  As home to the University of Virginia, several federal government offices, and medical centers… Charlottesville is the bustling hub of central Virginia. Though only 10 square miles in size, Charlottesville has a wide assortment of real estate properties. Traditional homes, condos, student housing, [...]

Read the full article →

Greene County VA Real Estate Statistics

September 16, 2011

Greene County lies just north of Charlottesville’s Albemarle County (map at bottom).  From fishing at the Rapidan Wildlife Preserve to the amazing mountain views of the Appalachian Trail and the Shenandoah National Park …. Greene County entices lovers of the outdoors. Though not far from Charlottesville or D.C., Greene County offers a variety of properties [...]

Read the full article →

Nelson County VA Real Estate Statistics

September 15, 2011

Nelson County lies just southwest of Charlottesville’s Albemarle County (map at bottom). It’s in the mountainous foothills of the Blue Ridge Mts, with scenic views, trees and streams. Wintergreen Resort (with golf and skiing) provides a unique real estate market in a county of rural acreage and farms. In the chart below, we’ve extended the [...]

Read the full article →

Fluvanna County VA Real Estate Statistics

September 15, 2011

Fluvanna County lies just southeast of Charlottesville’s Albemarle County (map at bottom). It has diverse appeal, in part because of its rural nature, the large gated lakefront community of Lake Monticello, and Fluvanna’s handy proximity to Charlottesville. Below are the sales in Fluvanna Co. for the past year: Below are details of the active property [...]

Read the full article →

Albemarle County VA Real Estate Statistics

September 15, 2011

The City of Charlottesville is in the center of Albemarle County and also in the center of Virginia (map at bottom). With UVa and the medical centers, government facilities, art and school choices, property prices tend to be a bit higher as you get closer to Charlottesville.  In Albemarle County you can also expect a [...]

Read the full article →

Right of First Refusal in Charlottesville Real Estate

July 8, 2011

There’s an fascinating new update in the ongoing Charlottesville saga surrounding the bankruptcy and subsequent sale of the Kluge Estate and Winery.   We have been providing the background stories as the winery and mansion have gone into foreclosure. Donald Trump is the new owner who has bought the winery and several parcels of land that comprise the [...]

Read the full article →

← Previous Entries