VHDA presents Charlottesville data and predictions

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Today VHDA’s (Virginia Housing Development Authority) Barry Merchant presented data on our local Charlottesville Real Estate market.

He sees the correction continuing into 2010 and agrees that we are seeing very few foreclosures in our area.

let me know if you have any questions.

NOTE: Slide 11, shows that we did not go up in price as much as some areas and we also did not correct as hard.

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