Existing Home Sales….

September 25, 2006

Sales of Existing Homes Fall for 5th Consecutive Month in August

The National Association of Realtors reported Monday that existing home sales slipped by 0.5 percent to a seasonally adjusted annual rate of 6.30 million units.

This is the first year-over-year price decline in more than 11 years – 1.7% below August 2005.

Remember this is a National Statistics, the market in Charlottesville is much more subtle.
My clients see these in detail. Also check www.MyCharlottesvilleAGENT.com for charts and trends.

All the Best


Charlottesville Real Estate Market

September 23, 2006

Seems the real estate market in Charlottesville did in fact stall. Now I am seeing more activity and even buyers who were reluctant making offers. This is intertesting because it has not really been that long. It it for real? Time will tell.

Seems that the Fed holding interest rates steady this past week may help.

Stay tuned!

Charles McDonald, Realtor, Charlottesville Virginia

The Biggest Mistake in Real Estate

September 10, 2006

Ask me the biggest mistake most people make in buying a home!
You will be surprised at how many Thousands of Dollars $$$ the answer to this simple question may save you over your lifetime of Real Estate transactions…(if you learn one thing from me, let this be it)
Best regards, Charles

140 plus acres in Albemarle

September 4, 2006

140+ Acres for a Grand Estate in Virginia
see www.MyCharlottesvilleAGENT.com for more details on this Estate property.
More photos and a Visual Tour are available.

Stats on Real Estate in Charlottesville

September 4, 2006

The August stats on Real Estate in Charlottesville are in. I chart these stats on my website: www.MyCharlottesvilleAGENT.com and also create personal charts for my clients.

If you are a reader of charts, you will notice that the Median Sales Price has a recent crest and it appears that we may be seeing a H&S pattern on the Sold units in Charlottesville.

Regards, Charles