Tuesday, August 19, 2008
Let Us Help You Stop Foreclosure
We specialize in helping our clients stop foreclosure. We understand that there are many reasons why homeowners sometimes are unable to pay their mortgages and every situation is unique. At The Avery Group we take the time to meet with our clients and explain all of their options to provide comprehensive foreclosure help. We help you determine if you can Keep Your Home or if you have to Sell Your Home to avoid foreclosure. We provide you with a personal consultation based on your unique situation. One of the reasons The Avery Group has been so successful is that we have local representatives in Central Virginia who can offer comprehensive solutions to foreclosure problems on a local level.
Let Us Help You Stop Foreclosure
We specialize in helping our clients stop foreclosure. We understand that there are many reasons why homeowners sometimes are unable to pay their mortgages and every situation is unique. At The Avery Group we take the time to meet with our clients and explain all of their options to provide comprehensive foreclosure help. We help you determine if you can Keep Your Home or if you have to Sell Your Home to avoid foreclosure. We provide you with a personal consultation based on your unique situation. One of the reasons The Avery Group has been so successful is that we have local representatives in Central Virginia who can offer comprehensive solutions to foreclosure problems on a local level.
Tuesday, July 15, 2008
Charlottesville Real Estate Market Update June 2008
The number of sold properties in June rose slightly from May. There was 253 sold properties in May, compared to 264 in June. Our inventory remained virtually the same. These are both steps in a positive direction for our Charlottesville Real Estate Market. Higher sales and lower inventory reduces our months of inventory considerably to around 10 months of inventory. Its a good time to be a buyer right now.
Charlottesville Real Estate Market Update June 2008
The number of sold properties in June rose slightly from May. There was 253 sold properties in May, compared to 264 in June. Our inventory remained virtually the same. These are both steps in a positive direction for our Charlottesville Real Estate Market. Higher sales and lower inventory reduces our months of inventory considerably to around 10 months of inventory. Its a good time to be a buyer right now.
Charlottesville Real Estate Market Update May 2008
The number of sold properties in May rose significantly from April. There was 190 sold properties in April, compared to 253 in May. Our inventory also dropped a little bit from 2513 to 2456. These are both steps in a positive direction for our Charlottesville Real Estate Market. Higher sales and lowe inventory reduces our months of inventory considerably to around 10 months of inventory. The buyers are out there for the correctly priced homes.
Charlottesville Real Estate Market Update May 2008
The number of sold properties in May rose significantly from April. There was 190 sold properties in April, compared to 253 in May. Our inventory also dropped a little bit from 2513 to 2456. These are both steps in a positive direction for our Charlottesville Real Estate Market. Higher sales and lowe inventory reduces our months of inventory considerably to around 10 months of inventory. The buyers are out there for the correctly priced homes.
Friday, May 2, 2008
Charlottesville Real Estate Market Update April 2008
New Listings in April
Number of New Listings: 526
Median Price: $299,000
Average List Price: $458,705
Contingent Listings in April
Number of Contingent Properties: 252
Median Price: $275,000
Average List Price: $389,872
Average Days on Market:123
Pending Listings in April
Number of Pending Listings: 89
Median Price: $289,500
Average List Price: $403,414
Average Days on Market: 135
Sold Listings In April
Number of Sold Listings: 190
Total Sold Volume: $58,567,425
Median Price: $266,250
Average List Price: $322,273
Average Sold Price: $308,250
Percentage of Sold Price to List Price: 95.65%
Average Days on Market: 125
Currently Active Properties in our MLS: 2,513
Median Price: $324,000
Average List Price: $611,124
Average Days on Market: 143
Months of Inventory: 17.33
**All numbers reflect data from the CAAR MLS in the areas of Charlottesville, Albemarle, Greene, Fluvanna, Louisa and Orange
Our months of inventory dropped again. It's down to 17.33 from 18.90 in March. This means that Real Estate is picking up, which isn't a surprise since this area has always seen an increase in activity in the Spring. Just like in March, most people are selling their home about 5% less than their asking price. Keep that in mind while you are negotiating your offers.