Posts from January 2019
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9
CAAR Publishes 2018 Fourth Quarter Home Sales Report
IMMEDIATE RELEASE: Wed., Jan. 9 th, 2019
Home Buying Slows for Fourth Quarter, Year-End Receives High Marks, & Lack of Inventory Continues to be a Challenge
Greater Charlottesville Area 2018 Fourth Quarter & Year-End Highlights:
• Home sales decreased 3.2% (841) compared to Q4 2017 (869), while year-end indicated a 5.7% gain.
• The median sales price remained steady at $300,000 compared to Q4 2017, as year-end marked a 4.6% growth.
• The median days on the market in the 4th Quarter was 63, 8-days lower than in Q4 2017, while year-end showed a 13.8% drop (9-days fewer...
4
Is Retirement Just Around the Corner? Learn What to Consider When Choosing Your Next Home
Shared Information by Association of Exclusive Buyers Agents (NAEBA) and Keeping Current Matters
Are you coming up on retirement age and thinking about where you'd like to live in "your golden years?" More and more baby boomers are entering retirement age, and question whether or not to sell their homes and move. In today's housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home's ability to adapt to your needs in retirement.
According to the National Association of Exclusive Buyers Agents (NAEBA), listed here are 7 impo...