Where are we with our spring real estate market? March thru May is often a busy time for both home buyers and home sellers in Central Virginia. In 2007 38 % of Charlottesville and Albemarle sales took place during that time frame. Who is on the move in the spring? Medical residents get their appointments and begin the housing search. Business relocation and faculty appointments fill the ranks of the movers. Don’t forget that our area attracts many retirees. What factors are important to our local sellers? Is my prospective buyer qualified to buy now? Do they have a house to sell in this area or in another area? How soon must they move? Does their time frame line up with mine? Yes, Spring is a busy time for buyers, sellers and for their agents.
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4 comments ↓
I found your blog on MSN Search. Nice writing. I will check back to read more.
Eric Hundin
Thanks Eric-
Barb,
Oh so true. This market has picked up tremendously here in Charlottesville. I have been selling Real Estate here for 28 years. This market is all about Getting Back To Basics and I am good at that. It really is a great time to buy here in Charlottesville. Amazing opportunities!!! I have sold 10 properties here in the last 4 weeks. The prices have ranged all over the map. Even though our market has not been as bullish for Sellers as it has been up up till 1 1/2 years ago—our market still is quite stable and more balanced. A great time to invest!!!
I agree, Cynthia-there are many opportunities.
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