Charlottesville Real Estate

Just Listed: 1996 River Inn Lane

Posted by admin on May 20th, 2012 filed in Listings
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1996 River Inn Lane
Still Meadow
4 Bedrooms/ 3 1/2 Baths
2784 Finished Sq. Ft.
2385 Unfinished Sq. Ft.
Gaffney Home with custom upgrades
First Floor Master Suite
Full unfinished Terrace Level
$624,000

Posted by admin on May 15th, 2012 filed in Buyers and Sellers
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Exterior Paint & Selling your Home

Posted by admin on May 7th, 2012 filed in Buyers and Sellers, Remodeling/Design Trends
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Bring them in from the curb! If you are considering selling your Charlottesville home, take a look at the exterior paint on your home. Could it use some tweaking? Check out this short video clip. Are you considering selling your Charlottesville home? I can help, contact me today!

Tags: exterior paint when selling your home, exterior staging to get your home sold, sell My Charlottesville Home, updating my charlottesville home

JUST LISTED: 1638 Brightfield Pl.

Posted by admin on May 4th, 2012 filed in Listings
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1638 Brightfield Pl.
Raintree Subdivision

5 Bedrooms/ 3 1/2 Bathrooms
3732 Finished Square Feet
2 Car Garage with Large Bonus Room
Complete In-law apartment
$359,000

Check out complete photos, property details, and virtual tour under Featured Real Estate.

Low Ball Bidders. . .

Posted by admin on April 26th, 2012 filed in Buyers and Sellers
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Article Courtesy of Washington Post.com
Written By: Kenneth R. Harney
It’s not something that economists routinely track, but it provides a rough sense of what’s happening in local real estate markets. Call it the low-ball index.

A year ago, according to researchers at the National Association of Realtors, one out of 10 members surveyed in a monthly poll complained about low-ball offers on houses listed for sale. In the latest survey — conducted in March among 4,500 agents and brokers across the country but not yet released — there were hardly any. Instead, the focus of volunteered comments has shifted to declining inventory levels — fewer houses available to sell — and multiple offers on well-priced listings.
A low-ball offer typically involves a contract submitted to a seller where the price proposed by the purchaser is 25 percent or more below list. Low-balls increase sharply when there’s a glut of properties available, asking prices are out of sync with local economic realities and values are depressed or uncertain. Buyers figure: Hey, why not? Maybe I’ll get lucky.

Based on the latest survey results, that sort of strategy is not a winning move in many communities this spring. In fact, in local markets where inventories are tight and competition for homes rising, realty agents say that buyers looking to steal houses by low-balling their offers are ending up at the back of the line, their contracts either rejected out of hand or countered close to the original asking price.

In high-demand, high-cost markets that have rebounded from recession slumps, sellers are now firmly in control; they pay scant attention to low-ballers.

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The Charlottesville Real Estate market has opportunities for you, NOW is the time to buy real estate in the greater Charlottesville or Albemarle County area. Whether you are buying or selling a home, interest rates remain low, home prices are favorable, and the selection of Real Estate is great, affording both Buyers and Sellers unique opportunities.

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