Posts made by author 'Sharon McElwee'
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- 2024 | 5 Posts
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15
Charlottesville home sales indicate a strengthening market
The Charlottesville Area Association of REALTORS® released their second quarter home sale numbers on Monday for the Greater Charlottesville Area based on the CAAR MLS. This area includes the city of Charlottesville, as well as Albemarle, Greene, Louisa and Fluvanna counties.
Some areas, such as closed sales, show volumes higher than they've been since 2007, suggesting a continual improvement in the local market.
Check out the graphic below for an overview of the highlights:
29
How to Use Your Wedding Registry to Finance a Down Payment
If you're getting married, skip the traditional wedding registry and ask your guests to contribute towards a down payment for a home instead. The folks at the National Association of Realtors teach you all you need to know about the process here.
Looking for an online wedding registry to fund your down payment?
Here are the most popular:
However, be careful when choosing any of these options as some charge hefty service fees to use their service.
A better resource for this type of creative home financing comes fro...
14
Market Report Central Virginia- 1st Qtr. 2015
The Charlottesville Area Association of REALTORs has released their Market Report for the 1st Quarter of 2015 and the numbers are as expected.The median sales price for the region has increased from $244,250 in 2014 to $256,750 for this quarter. I hope you will read the entire report but here is a quick summary. Condo sales increased by 40%-a number which surprised me. Pending sales have increased 18% over the same time frame last year. The number of sales closed remained almost identical but there are many more properties set to close this year.
19
Local Sales are Up for Third Year
The year end report for the Charlottesville Area Association of REALTORs has been published and we find a continued, slow improvement in the number of sales and the median prices for those homes sold. The sales in our area increased by 2% with a new median sales price of $270,000. It was also noted that the prices have returned to their highest level since 2007.
Charlottesville Area Association of REALTORs Market Report
Our area seems to be similar to others around the nation-the number of houses available to buy has declined. With the spring market beginning it looks like a really good time to...