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!