2011 2nd Quarter Charlottesville Area Association of REALTORS Market Report

One of the many great homes for sale in Central Virginia! The real estate market just may be right for you to jump in & buy a home, farm or land. To find our if your needs can be met in the current market, talk to James!

2011 continues to fly by with over half the year gone!  TheCharlottesville Area Association of REALTORS released their mid-year report today.  The report shows pretty much what I’ve been saying all along.  Sales in the first half of 2011 were down 5.9% from 2010.  In 2010 we had the 1stTime Home-buyer tax credit that pushed many buyers to purchase during the first half of the year.  Perhaps this year will be more balanced.   At RE/MAX Assured Properties we’re seeing the sales continue into July.  Please take a look at the report which continues interesting data (at least to me!) broken down by counties.  I feel the showdown inventory of short sales and foreclosures will continue to affect the Central Virginia real estate market for a while.  Our new economy continues to affect the housing market.  It would be great to see a more balanced market between buyers and sellers (currently Central Virginia has a buyer’s market with more sellers than buyers).  This report shows a wee move towards a more balanced market.  Let’s see what the future holds. 

Most people want to know what’s going on in their neighborhood; where they want to buy or sell; etc.  If you have real estate questions, I’m here to help, so let’s talk!

Now may be a great time for you to buy a home. To find out, talk with James!

About James Friend Dickerson

Real Estate Consultant As a native of Central Virginia and a full time REALTOR since 1991, James listens to your needs to provide information allowing you to make informed choices. In our constantly changing world, you need a REALTOR who puts you first providing rigidly flexible service. James Dickerson provides a high level of service designed to fit each individual clients needs. Having received many awards from both the local Association of REALTORS and RE/MAX International, James is recognized as an authority on the local real estate market. The highest form of recognition James receives continues to be the many repeat clients who seek out his services time after time plus sending their relatives, friends, co-workers and neighbors to James for their real estate needs. Contact James today for an interview to discuss your real estate needs. James is a licensed real estate sales person in the Commonwealth of Virginia with Charlottesville Solutions. Personal As a Central Virginia native (Born in Charlottesville and raised in Albemarle and Louisa Counties), James' youth was filled with extra-curricular activities and organizations centered around school, church and the Boy Scouts of America. A graduate of Virginia Tech with a degree in Forestry and Wildlife Management, James' non-real estate activities include spending time with family & friends, traveling, stalking deer & spring gobblers, fly fishing, church and Masonic activities. James and his lovely bride Karen live between Zion Crossroads and Gordonsville in the Green Springs area of Louisa County. Their dog Sammy passed away so they'll be adopting another dog soon through www.petfinders.com.
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One Response to 2011 2nd Quarter Charlottesville Area Association of REALTORS Market Report

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