Thursday, April 29, 2010

Charlottesville Real Estate Market Analysis, 1 Day Before Homebuyer Tax Credit Expires
















Related Reading: "Intellectual property."

4 comments:

John Doe said...

Single family homes contracts:

http://www.realcentralva.com/2010/04/30/friday-chart-charlottesville-msas-new-listings/

rfs said...

Looks like based on the numbers posted on www.caar.com, lots went under contract from the end of April to 5/1/2010 OR perhaps listings were just removed. Under contract sorry to say may not mean closing by 6/30/2010 which is also what MUST happen to get that tax credit. Lenders have communicated in several e-mails to their respective sales forces that they will NOT be promising/rushing to hit that 6/30/2010 close date. And if you under contract and a short sale is possible/likely/definite, then actually closing by 6/30/2010 is really in question...Just tellin it like it is.

NoDiggity said...

This week's businessweek claims "Homes Are Undervalued." See following chart:

http://images.businessweek.com/mz/10/20/0510_realeestate.pdf

Anyone buying it? Correct me if I'm wrong, but it seems they are disingenuously plotting an inflation-adjusted chart (Case-Shiller) against a non-inflation-adjusted chart of GDP. Lies, damned lies, and then there's Businessweek statistics...

Humpty said...

Did you see the 60 minutes feature On Walking Away From Your Mortgage, And Now EVERYONE Wants To Know How They Can Do It

http://www.businessinsider.com/60-minutes-runs-feature-on-strategic-defaults-and-now-everyone-wants-to-know-how-they-can-get-in-on-it-2010-5#ixzz0nXJ3n0xu

Who is fooling who here Businessweek?