From the category archives:

Affordability

The Charlottesville Area is More than Charlottesville and Albemarle

September 17, 2007

This is me in the latest edition of Abode in the C-Ville Weekly.  The purpose of the article was to expose people to the idea of looking at real estate in the more rural areas that surround Charlottesville and Albemarle as potentially better long-term investments.
Most of the attention in our area has always been focused [...]

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Don’t Buy a Home From Gordon Gekko

August 28, 2006

In 1987, Oliver Stone co-wrote and directed a very good film entitled, "Wall Street", if you haven’t seen it, I would recommend renting it.  One of the main characters in the film is played by Michael Douglas.  His name is Gordon Gekko.  Gekko is pretty much your average slimy corporate raider who loves to pillage, [...]

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National Statistics For 2Q06 Out Today

August 15, 2006

  The National Association of Realtors released its national sales statistics for the second quarter of 2006 today.  You can read an Associated Press article about the release here.
No surprises, really.  Existing-home sales declined 7% compared to last year.  I think this is something that just about everyone expected; If not in terms of the [...]

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Charlottesville No Longer in the Top 100 Places to Live

July 18, 2006

Money Magazine just released their annual List of the 100 Best Places to Live in America.  In the 2006 edition, Charlottesville is no where to be found.  On the 2005 list, Money ranked Charlottesville #90. 
So, why has Charlottesville dropped out of favor with the editors of Money?  Well, it would appear that in this [...]

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July Real Estate Podcast– Part 1

July 17, 2006

Okay folks, it is time for the first of the regular real estate Podcasts.  I plan on publishing these at the middle and the end of each month.  I will publish them in MP3 format, so you can play them on your computer in Windows Media Player or RealPlayer.  The Podacsts will also be available [...]

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Infrastructure Concerns Come Home to Crozet

July 13, 2006

If you haven’t done so already, check out the post I have below about infrastructure concerns in the state of Washington.  At the end of that post, I mentioned that infrastructure is quickly becoming a major concern in this area as well.  Then, as if from my keyboard to God’s computer, I read this article [...]

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Increased Infrastructure May Increase Affordability

July 12, 2006

Please read this article from REALTOR Magazine regarding the real estate market in the state of Washington.  In case you are wondering how this article relates to our market in the Charlottesville area, consider the following quotes from the article:
Ignoring growth doesn’t prevent it, anymore than ignoring traffic will make it go away,” he says. [...]

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New Study Cites Affordability Concerns

July 11, 2006

To follow up on what I posted yesterday in my answer to Friday’s Big Question, read this article from REALTOR Magazine.  The article starts by mentioning the results of a survey of renters and how they feel about the rising interest rates.  To the surprise of no one, most voiced concern.  The most important point [...]

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