Housing Market Trapped by Buyer Negativity

December 30, 2006

I think this perspective in interesting:

The housing market is stuck in a standoff between home buyers and sellers. Real estate professionals call the situation an irrational resoluteness between buyers and sellers. Sellers are clinging to too-high prices and buyers are equally adamant about getting a bargain.


Merry Christmas!

December 24, 2006
Merry Christmas

Home Sales for 2007…

December 16, 2006

Existing-home sales are expected to rise gradually in 2007 from current levels, with annual totals comparable to 2006, while new-home sales will continue to slide, according to the latest forecast by the National Association of Realtors®.
David Lereah, NAR’s chief economist, said there are mixed conditions around the United States. “Roughly three-quarters of the country will experience a sluggish expansion in 2007, while other areas should continue to contract for at least part of the year,” he said. “Most of the correction in home prices is behind us, but general gains in value next year will be modest by historical standards.”

Charlottesville Virginia Real Estate

December 13, 2006

Charlottesville Virginia Real Estate is located just east of the Blue Ridge mountains in central Virginia. With incredible mountain views, 45 minutes to skiing and just a few hours to the eastern seaboard. We are located where Thomas Jefferson decided to build his home, Monticello, a must see when touring Charlottesville. The University of Virginia, founded in 1819 by Jefferson is in the heart of Charlottesville. Ex-presidents, Madison and Monroe also made their homes nearby. The city of Charlottesville has a population of approximately 41 thousand which is why we have the feel of a small town. However, we also have the amenities of a big city. We have theaters, art museums and even big name shows that come to Charlottesville. Our downtown mall is a walking brick lined mall with shops, ice skating and an out door theater for weekly events! Many visitors enjoy the wineries and top off their visit with a breath-taking hot air balloon ride! Come visit Charlottesville and see why it is so highly rated as a preferred place to live in America.