Archive for the ‘Real Estate Market’ Category

August Newsletter

A Day in the Life of a REALTOR

A Day in the Life of a REALTOR

I love my job as a REALTOR, you never know what you will see or who you will meet. Today was a completely unique property and experience, I got to see and pet camels! These camels are pets so they are very friendly, even though I didn’t have cookies to give them.

The New Traffic Pattern at Zion Crossroads

If you drive in or around Zion Crossroads just east of Charlottesville VA you have had to deal with the construction for the last couple of months, well the good news is the project is almost finished!

VDOT has planned an open house to help the public understand what the new traffic pattern will be like since it is the first in the state. The open house will be on February the 5th from 4:30 – 7:30 at the Best Western in Zion Crossroads, to learn more click this link; http://goo.gl/xsXJ2H.

If you would like to see a simulation of what the intersection will look like click this link; http://goo.gl/NkV7pU.Image

It’s Time to Spring Forward Again

This Sunday at 2am we start Daylight Saving Time (no ‘s), of course if your like me you will set your clocks ahead before you go to bed on Saturday night.

Have you ever wondered why we change our clocks every spring and summer? It was started back during WWI in order to save electricity, it allows us to take advantage of the later hours of daylight between March and November. The dates that we change our clocks have changed over time as well, it used to be spring forward in April and fall back in October. We now change our clocks in March and November.

To learn more about daylight saving time go to http://goo.gl/gtoft.

Ways to save energy in and around your home.

Are you thinking about ways to save energy in and around your home? The department of energy has a new interactive site to give you tips on just that. Click here for the site http://goo.gl/Zfr4G.

9 Reasons to Visit Charlottesville, VA

I read a great article out of AAAWorld magazine about 9 great reasons to visit Charlottesville, VA.   I live east of the city of Charlottesville and believe that there are way more than 9 reasons to visit, but I will highlight the points that they did.

The first reason is the history that most of us who live here take for granted, like Monticello, Ashlawn, Michie Tavern and so many more. Of course Charlottesville is best known for the University of Virginia and all that it brings to the area, but we also have great community colleges and very good public schools. Food, we have plenty of places to eat, from quick and easy to an elegant meal. We also have beautiful rolling landscapes, flowing rivers, mountains to hike and open land to enjoy.

The convenience of Charlottesville is one of the things I find appealing, I can be in Richmond in an hour, DC in two hours, the beach in three hours and the mountains in just over a half an hour. The area also boosts a varied selection of places to stay from all styles of hotels to bed and breakfasts. If you are looking for entertainment you can go to John Paul Jones for a concert or sports game, to the many wineries and orchards that surround the area and the many theaters both live and movie.

The last but probably one of my favorite things are all the nature activities you can do from hiking and biking to horseback riding and camping. If you would like to find the entire article please click on this link, http://goo.gl/9itXE.

Charlottesville Area Association of REALTORS Year End Report

Thanks to Charlottesville Area Association of REALTORS for the following year end report:

The results in our local market are in line with national figures. Home prices have remained steady andpockets of value are still attractive for buyers. The gradual float down of listing inventory and thestability in Days on Market all support the move towards a sustainable and saleable market. For now,we will continue to watch the inventory of homes for sale and the number of foreclosures coming intoour local market. If we see inventory levels continue to decline and the pace of foreclosures stayssteady, we can expect prices to begin a gradual rise. If inventory climbs again and the regionaleconomy and loan availability both remain stagnant, there is limited opportunity for growth in ourhousing sectors.Price sensitivity is still a key factor in this market and if you plan to sell a home in 2011, be sure tohave a REALTOR® prepare a comparative market analysis (CMA) so that you can price it to sell. And,if you are looking to buy, a REALTOR® can help you understand the current market and evaluateyour options.

To read the complete report click on this link: http://goo.gl/K68Vw

Daylight Saving Time, Interesting Facts

Ever wonder why we turn the clocks back every fall (the first Sunday in November at 2am) and turn the clocks forward each spring (the second Sunday in March at 2am)?

The main purpose of daylight saving time was to make better use of daylight in the summer by moving one hour of daylight from the morning to the evening. There have been studies that show that electricity is saved by setting the clocks ahead in the summer, but automobile accidents involving pedestrians increase the week after we change the clocks back.

Today approximately 70% of the world observes daylight saving time in at least a portion of the countries except for Japan, Indian and China. To read more about all the interesting facts go to http://goo.gl/UWLli.

Don’t forget to set your clocks back this Sunday morning at 2am, or if you are like me do it before you go to be Saturday night.

3rd Quarter Market Report, Fluvanna and Louisa

Charlottesville Association of Realtors (CAAR) released the 3rd quarter market report for the entire area, but I wanted to concentrate on Fluvanna and Louisa Counties.

Home sales were up for the first nine months,  Fluvanna (+18.8%) and Louisa (+14.3%), that equaled 227 sales for Fluvanna and 136 for Louisa.  The median prices have remained relatively unchanged, Fluvanna (+1.8%) and Louisa (+5.9%), median prices year to date are in Fluvanna $205,000 and in Louisa $221,818.  The price per square foot went down in Fluvanna from $121 in 2009 to $117 in 2010, but stay at $113 for both years in Louisa.

The average days on market have dropped in both counties, Fluvanna from 122 to 87 and Louisa from 134 to 112, which is good. As we continue in this up and down market it is very important to rely on the expertise of a REALTOR in buying or selling residential or land.

It is difficult to draw a conclusion as to how the year will end up compared to last year, the last quarter will tell that. Just remember that rates are still historically low and prices are very good.

To read the entire CAAR report, click on this link http://goo.gl/x8Gd.