The Charlottesville Virginia Association of Realtors has just published its 2008 year end market report discussing home sales in the Central Virginia area over the past year. It does not paint a pretty picture. 2008 has been a rough year both for the national and the local real estate market. October and November were especially difficult months due to the worsening ecconomic crisis and the uncertainty regarding the election. December saw an increase in activity which we hope will continue on into the new year. All in all we are glad to see the end of 2008.
Click here to read the market report.
Please contact me if you would like to discuss the local real estate market or see how it affects you individual property.