Tuesday, March 3, 2009

Charlottesville Has Another Bubble Blog!

We're just kidding. But you might get the feeling you're here on Real C'ville when reading the latest posts over at RealCentralVA. Actually, it's the comments that are literally "bubbling over" with prospective buyers' perceptions of the market in general, including slow/low level of sales and inflated pricing. There's also discussion of particular properties by prospective buyers and realtor/brokers.

Check out the post and comments, "Buyer Activity is Up in Charlottesville."

And don't miss the post and comments, "It's a Mad Mad Real Estate World," written by an experienced local appraiser.


downtownenvy said...

You might want to pay particular attention to the conversation happening between Mr. Kaufmann, and Mr. Pershing. It certainly is enlightening to hear how some agents are pricing certain properties. From a buyer's perspective I have been riveted to this one:0

Real C'ville - The Bubble Blog said...

Not only is that an incredibly interesting conversation, but the "comp" that Mr. Pershing has listed for River Road, a foreclosure sale, is the former primary residence of Realtor Doug McGowan. Mr. McGowan was the subject of C-ville Weekly's "A Tale of Two Foreclosures." And this post: http://tinyurl.com/6ogd8c

Keith said...

Purely to clarify, there are two properties that Scott Pershing references from River Ridge Road. One of them was a property that Doug McGowan owned, the other is currently listed and is not the subject of any foreclosure proceedings.