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Louisa County Virginia Home Information 2008 YTD (May 2, 2008)

Louisa County Virginia Home Information 2008 YTD (May 2, 2008)

The Real Estate market everywhere is constantly changing and Louisa County Virginia is too.

  • In Louisa we have SOLD 90 HOMES.
  • There are currently 303 HOMES on the market.
  • Our average DOM (Days on the Market) is at 97 Days.
  • Our Average selling price is $328,246.

We have some excellent neighborhoods to see close to Nelson like:

Glenmore Foxchase Old Trail Forest Lakes Dunlora

Click Here for a link to other Great Neighborhoods in our area!

Please visit my website at Charlottesville Real Estate for details about our area and other homes on the market in Charlottesville, Albemarle County and the surrounding counties!

Nelson, Greene, Madison, Fluvanna, Orange and Louisa

Please look at our local phonebook for contact information on local companies.

Your RE/MAX Agent in Charlottesville

Charles McDonald

Come visit and tour our area anytime!

Cville Today

Today was a great day in Charlottesville. I had a home inspection at a home near the downtown mall and it went very well. My seller and the buyers are both nice people.

We should have no problem moving forward on this contract.

I spent a few minutes and went into a local church (that I had never been in before). It was amazing! I asked if I could take a couple pictures and it was ok (watch for photos soon). The stained glass work is fantastic and the carving and workmanship is unbelievable!

Today was in the 80's and I am currently outside on my patio (using the laptop) and enjoying watching my daughter have a tea party with her friend.

Live is good in Charlottesville and today (although nothing super exciting happened) is a good day!

Where ever you are I hope you have had a good day too.

your friend in Charlottesville.

Charlottesville News


My Charlottesville AGENT

CHARLES McDONALD
April 2008
Real
Your Outstanding Agent in Charlottesville Virginia! (ask my clients)
Copyright © 2008 Realty Times
All Rights Reserved.





What The Economic Stimulus Package Means To You

Since passed by overwhelming Capitol Hill majorities in January, there has been much talk regarding the economic stimulus package. Yes, it will cost $168 billion, but what does it actually do for individuals?
The stimulus package is designed to help the country moderate the worst effects of a slowing economy and perhaps even avoid a recession. The idea is to encourage spending and with more spending to increase economic activity. While the theory looks good on paper, it will likely take months or years to know if it actually works.
From a personal perspective the

Mortgage Rates
U.S. averages as of March 27, 2008:

30 yr. fixed: 5.85%
15 yr. fixed: 5.34%
1 yr. adj: 5.24%
<!-- <B>30 yr. jumbo: 6.98%</B>-->



View current rates





January stimulus package has five major components that will immediately impact individuals with an interest in real estate.
1. Checks from Uncle Sam: According to the White House, taxpayers can receive rebates of up to $600
CONTINUED >>>



Wondering What Your Home Is Worth?

Let me show you.





Is Your Credit Score As
High As You Think?


It is common to assume that paying bills on time automatically means having a high credit score. Unfortunately, that's not always the case. There are many misperceptions about how scores are calculated -- and yours could be lower than you might expect.
Credit scores are used by financial institutions to determine whether they should lend money to a potential borrower and, if so, what interest rate should be charged. A higher score means an applicant is statistically less likely to default on the loan so they get a lower interest rate.
Ignoring your credit score could be a costly mistake. As an example, let's say you bought a $400,000 house with a 30-year fixed-rate mortgage at a 6-percent interest rate. Over the term of the loan, you would pay interest charges of $463,354. If, however, you had a lower score and your bank bumped your interest rate up to 8 percent, you would pay interest charges of $656,619. That's a hefty difference of $193,265. CONTINUED >>>




Appealing Your
Property Tax Bill


If your property tax is aligned with or assessed based on the value of your home, a swing in property values could warrant close scrutiny of your property tax bill.
Some more progressive tax jurisdictions will make the adjustment for you -- up or down -- but most only move your rate up or they'll wait for the property to change hands before adjusting the tax. Even where adjustments are automatic, you still may not be satisfied and will need to appeal the deal.
Over valued or over assessed property is perhaps the most common and successful grounds for challenging your tax bill.
When the economy is faltering and spawning foreclosures, short sales and homeowners otherwise bailing out of homeownership, consider it a red flag -- it's time to scrutinize your property tax bill.
Many homeowners bailout, accept the foreclosure or take the short sale way out because their mortgage is more than the value of the home, which may have fallen for a variety of reasons.
The incidence of incorrectly calculated property tax bills may also warrant a close inspection of your property tax bill or an appeal.
Many errors in calculating your property tax bill also stem from clerical CONTINUED >>>






You can find great local Charlottesville, Virginia real estate information on Localism.com - CHARLES McDONALD - REALTOR® - Charlottesville and Albemarle's Agent! is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.






The Ins and Outs Of
Painting Your House


Putting a fresh coat of paint on your home will prolong the life of its skin, pump up the value, and revive its curb appeal, all important additions, especially when it's time to sell.
The benefits you'll get assumes, of course, the job of slathering on the latex or oil-based paint is professionally performed.
The pros make it look easy, but that's because they've been at it for quite a while. Painting your home isn't a do-it-yourself job unless you've got the know how, the proper tools and enough time off from painting the town red.
When hiring a professional, ask relatives, friends, co-workers and others you trust -- and who've recently enjoyed a
CONTINUED >>>



Daily News and Advice
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Read about the events shaping the Real Estate market today, find current interest rates, or browse the extensive library of advice and how-to articles written by some of the top experts in Real Estate. Updated each weekday.



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CHARLES McDONALD, REALTOR®
E-mail: Charles@MyCharlottesvilleAGENT.com
Website: http://www.mycharlottesvilleagent.com/
434-981-1585

RE/MAX Assured Properties
www.MyCharlottesvilleAGENT.com
943 Glenwood Station Ln. Suite 202
Charlottesville, VA. 22911


Equal Housing Opportunity

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Nelson County Virginia Home Information March 31, 2008

Nelson County Virginia Home Information year to dateNelson Virginia

The Real Estate market everywhere is constantly changing and Nelson County Virginia is too.

  • In Nelson we have SOLD 39 HOMES.
  • There are currently 315 HOMES on the market.
  • Our average DOM (Days on the Market) is at 161 Days.
  • Our Average selling price is $328,469.

We have some excellent neighborhoods to see close to Nelson like:

Glenmore Foxchase Old Trail Forest Lakes Dunlora

Click Here for a link to other Great Neighborhoods in our area!

Please visit my website for details about our area and other homes on the market in Charlottesville, Albemarle County and the surrounding counties!

Nelson, Greene, Madison, Fluvanna, Orange and Louisa

Please look at our local phonebook for contact information on local companies.

Your agent in Charlottesville

Charles McDonald

Come visit and tour our area anytime!

Albemarle Residential Sales Stats

TOTALS REPORTS
SOLD/ACTIVE RESIDENTIAL LISTINGS
01-Jan-2008 - 31-Mar-2008

Residential Unit Sales Total Unit Sales
0-2 3 4+ Resid Condo/ Total
PRICE CLASS/TYPE Bedrm Bedrm Bedrm Sales Co-Op Units

$29,999 OR UNDER 0 0 0 0 0 0
$30,000 - $39,999 0 0 0 0 0 0
$40,000 - $49,999 0 0 0 0 0 0
$50,000 - $59,999 0 1 0 1 0 1
$60,000 - $69,999 1 0 0 1 0 1
$70,000 - $79,999 1 1 0 2 0 2
$80,000 - $89,999 2 1 0 3 0 3
$90,000 - $99,999 1 0 0 1 1 2
$100,000 - $119,999 2 3 2 7 2 9
$120,000 - $139,999 4 5 1 10 5 15
$140,000 - $159,999 5 13 3 21 6 27
$160,000 - $179,999 2 24 1 27 8 35
$180,000 - $199,999 4 22 5 31 3 34
$200,000 - $249,999 8 52 13 73 6 79
$250,000 - $299,999 3 39 27 69 3 72
$300,000 - $399,999 3 33 43 79 8 87
$400,000 - $499,999 0 17 27 44 1 45
$500,000 OR OVER 0 13 44 57 6 63
Total Types: 36 224 166 426 49 475

Average Price: $180,30 $278,852 $415,082 $348,548 $277,801 $341,250

Median Price: $239,950 $239,950 $380,000 $276,500 $186,500 $255,000

Average DOM: 135 126 128 128 140 129

Take note of the DOM (Days on Market) 4 months plus for all categories.

If you have any questions on these or other statistics just let me know.

Average DOM: 135 126 128 128 140 129