sellers: Charlottesville, Virginia Mid-Year Real Estate Market Report
- 07/12/08 05:43 AM
The Charlottesville Area Association of REALTORS has just released the its 2008 mid-year market report. What has happened so far this year in the area real estate market and what does our "crystal ball" indicate the rest of the year will bring? The over all picture of the market so far this year could be characterized as sluggish. To put things in perspective we have a fairly normal number of people buying homes, but speculative investors are absent from the marketplace. It is these investors, flipping homes in the same year, who drove up statistics and as a result prices. This … (0 comments)
sellers: How Much Will Remodeling Raise My Homes Value - part two
- 06/22/08 11:24 AM
In the current real estate market because there are so many choices of homes available to buyers, sellers are busy trying to figure out how to ensure that their home is the one that will stand out in the crowd. Of course the right price and location are key pieces of the puzzle, but what about remodeling? In my earlier post How Much Will Remodeling Raise Your Homes Value, I spoke about the five remodeling projects that brought the biggest return for dollars spent. In this post I will talk about the five projects that bring the least bang for the buck … (0 comments)
sellers: Are You Brave Enough
- 06/12/08 01:41 PM
This morning on the Today Show their real estate guru suggested that sellers should price their homes 10% to 15% below market value. Her theory is that buyers are knowledgeable and will realize that the home is underpriced. It will definately be the best home in its price range so buyers will come to see it, and they will immediately make an offer. This will result in immediate multiple offers which will end up with the property selling over listing price and back up at market value. I think that it would probably get the home sold quickly; as homes that … (9 comments)
sellers: Make Your Farm the One That Sells
- 06/11/08 08:26 AM
You have listed a farm for sale. In your listing packet you have given the buyer your list of tips for preparing their home for sale. But don't forget that selling a horse property is not the same as selling a home. The buyers are more or at least equally interested in the barns and pastures than they are in the house. Of course your sellers should follow your instructions and do the necessary things to present their home to the best advantage. But remember if the farm itself doesn't look its best the buyers won't ever make it into the … (5 comments)
sellers: Charlottesville, Virginia area May Real Estate Market Data
- 06/05/08 03:17 PM
Whenever I am talking with someone and they find out that I am a REALTOR the first thing that they ask is "what is going on in the real estate market". As we all know real estate is local so what they are really asking is "what is going on in our area real estate market"? The following are the market statistics for the Charlottesville Area Association of Realtors for the month of May 2008: Current Active Listings:Number of total listings: 1,115Average Price: $812,420Median Price: $382,900Highest Price: $35,000,000Lowest price: $84,500Average days on market: 157 New ListingsNumber of total new listings: 215Average … (2 comments)
sellers: Use paint to make a room seem larger
- 05/31/08 11:06 AM
In the current market with such a large inventory of homes for sale homeowners need to do everything they can to make their home be the one that buyers want. If you are dealing with a small home it is important to make sure that the rooms appear as large as possible. One of the most inexpensive ways to make a room look larger is through paint. We all have heard that lighter paint hues make a room look larger and that dark colors make it look smaller. However we do not necessarily have to resort to pale colors. If you do … (0 comments)
sellers: How much will remodeling raise my home's value?
- 05/23/08 09:51 AM
In this highly competitive buyers market sellers are looking for ways to improve their chances of selling their home. Faced with the reality of having to perhaps either take a lower price for their home or have it languish on the market, sellers are looking for ways to ensure that theirs is the home that sells. One of the routes that they take is making an improvement or taking on a remodeling project. One of the first facts that many home owners do not realize is that most remoldeling projects do not bring a 100% return on the investment. In reality … (6 comments)
The Charlottesville Area Association of REALTORS has just released the its 2008 mid-year market report. What has happened so far this year in the area real estate market and what does our "crystal ball" indicate the rest of the year will bring?
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