Charlottesville Rated Best Place to Live Sunday, Dec 11 2011

 

;Looking west over Charlottesville from RT 20

 

Yahoo Real Estate: Charlottesville the Best Place to Live.

By:
Daily
Progress Staff Reports

Published:
September 20, 2011
The Charlottesville metropolitan area, including Albemarle County nd much of Central Virginia, has been rated the No. 1 place to live in
the United States by Sperling’s Ranked and Rated, in collaboration with Yahoo Real Estate.

The list includes Santa Fe, N.M., and Honolulu.

“The company noted our clean environment and low unemployment rate, as well as the ‘wealth of amenities and entertainment.’ This accolade follows many similar in recent years that noted the great quality of life and opportunities of the city,” said Ric Barrick, Charlottesville spokesman.

“Nestled in the foothills of the Blue Ridge Mountains, most areas of this idyllic city are accessible by foot or bicycle,” the survey states. “Charlottesville
enjoys clean air and water, and pleasant weather year-round, highlighted by especially beautiful fall foliage. Nearby Shenandoah National Park
offers a wealth of recreation opportunities. Charlottesville is home to the University of Virginia, which strengthens the area’s healthy economy by providing steady jobs
and a wealth of amenities and entertainment.”

Unemployment rates and home values quoted in the survey reflect the metropolitan statistical area, which includes Fluvanna, Louisa, Greene, Albemarle, Orange
and Nelson counties, as well as the city.

“As more and more people learn about this year’s best city, Charlottesville may find staying affordable and sprawl-free is its greatest challenge,” the survey states.

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Yahoo Real Estate: Charlottesville the Best Place to Live Monday, Nov 28 2011

By: Daily Progress Staff Reports
Published: September 20, 2011

The Charlottesville metropolitan area, including Albemarle County and much of Central Virginia, has been rated the No. 1 place to live in the United States by Sperling’s Ranked and Rated, in collaboration with Yahoo Real Estate.

The list includes Santa Fe, N.M., and Honolulu.

“The company noted our clean environment and low unemployment rate, as well as the ‘wealth of amenities and entertainment.’ This accolade follows many similar in recent years that noted the great quality of life and opportunities of the city,” said Ric Barrick, Charlottesville spokesman.

“Nestled in the foothills of the Blue Ridge Mountains, most areas of this idyllic city are accessible by foot or bicycle,” the survey states. “Charlottesville enjoys clean air and water, and pleasant weather year-round, highlighted by especially beautiful fall foliage. Nearby Shenandoah National Park offers a wealth of recreation opportunities. Charlottesville is home to the University of Virginia, which strengthens the area’s healthy economy by providing steady jobs and a wealth of amenities and entertainment.”

Unemployment rates and home values quoted in the survey reflect the metropolitan statistical area, which includes Fluvanna, Louisa, Greene, Albemarle, Orange and Nelson counties, as well as the city.

“As more and more people learn about this year’s best city, Charlottesville may find staying affordable and sprawl-free is its greatest challenge,” the survey states.

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Charlottesville Real Estate – Forest Lakes Update Monday, Nov 28 2011

The Forest Lakes market remains strong. Information from our local CAAR Charlottesville Area Association of Realtors MLS indicates that out of approximately 1,400 homes in the Forest Lakes neighborhood there are just 26 homes for sale, zero of which are deemed distressed properties, and just a scant few for rent. In the past month there have been 8 Forest Lakes homes go under contract, while in the past three months there have been 23 homes go under contract. Could it be that there may be only three months of standing inventory? If you are looking for a great place to live that’s beautiful, clean, safe while being convenient to everything, please give Forest Lakes a look. It’s not only a great place to live and raise a family, it’s a great investment.

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Charlottesville Real Estate – Forest Lakes Market 7/20/2011 Wednesday, Jul 20 2011

The Forest Lakes market remains strong. Information from our local CAAR Charlottesville Area Association of Realtors MLS indicates that out of approximately 1,400 homes in the Forest Lakes neighborhood there are just 24 homes for sale, zero of which are deemed distressed properties, and just a scant few for rent. In the past month there have been 8 Forest Lakes homes go under contract, while in the past three months there have been 23 homes go under contract. Could it be that there may be only three months of standing inventory? If you are looking for a great place to live that’s beautiful, clean, safe while being convenient to everything, please give Forest Lakes a look. It’s not only a great place to live and raise a family, it’s a great investment.

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Charlottesville Real Estate – Forest Lakes overview Monday, Jul 4 2011

The Forest Lakes market remains strong. Information from our local CAAR Charlottesville Area Association of Realtors MLS indicates that out of approximately 1,400 homes in the Forest Lakes neighborhood there are just 24 homes for sale, zero of which are deemed distressed properties, and just a scant few for rent. In the past month there have been 8 Forest Lakes homes go under contract, while in the past three months there have been 23 homes go under contract. Could it be that there may be only three months of standing inventory? If you are looking for a great place to live that’s beautiful, clean, safe while being convenient to everything, please give Forest Lakes a look. It’s not only a great place to live and raise a family, it’s a great investment.

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Charlottesville Real Estate – Forest Lakes Market Report 5/10/2011 Tuesday, May 10 2011

The Forest Lakes market remains virtually unchanged in the past week. Information from our local CAAR Charlottesville Area Association of Realtors MLS indicates that out of approximately 1,400 homes in the Forest Lakes neighborhood there are just 23 homes for sale, only 3 of which are deemed distressed properties, and just a scant few for rent. In the past month there have been 5 Forest Lakes homes go under contract, while in the past three months there have been 23 homes go under contract. Could it be that there may be only three months of standing inventory? If you are looking for a great place to live that’s beautiful, clean, safe while being convenient to everything, please give Forest Lakes a look. It’s not only a great place to live and raise a family, it’s a great investment.

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Charlottesville Real Estate – Forest Lakes Market Report 8/15/2010 Sunday, Aug 15 2010

The Forest Lakes market remains virtually unchanged in the past week. Information from our local CAAR Charlottesville Area Association of Realtors MLS indicates that out of  approximately 1,400 homes in the Forest Lakes neighborhood there are just 23 homes for sale, only 3 of which are deemed distressed properties, and just a scant few for rent. In the past month there have been 5  Forest Lakes homes go under contract, while in the past three months there have been 23 homes go under contract. Could it be that there may be only three months of standing inventory? If you are looking for a great place to live that’s beautiful, clean, safe while being convenient to everything, please give Forest Lakes a look. It’s not only a great place to live and raise a family, it’s a great investment.

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Charlottesville Real Estate – Forest Lakes Market Report 8/8/2010 Sunday, Aug 8 2010

The Forest Lakes market remains virtually unchanged in the past week. Information from our local CAAR Charlottesville Area Association of Realtors MLS indicates that out of  approximately 1,400 homes in the Forest Lakes neighborhood there are just 22 homes for sale, only 2 of which are deemed distressed properties, and just a scant few for rent. In the past month there have been 7  Forest Lakes homes go under contract, while in the past three months there have been 22 homes go under contract. Could it be that there may be only three months of standing inventory? If you are looking for a great place to live that’s beautiful, clean, safe while being convenient to everything, please give Forest Lakes a look. It’s not only a great place to live and raise a family, it’s a great investment.

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Charlottesville Real Estate – Forest Lakes Market Report Sunday, Aug 1 2010

Information from our local Charlottesville Area Association of Realtors MLS indicates that out of  approximately 1,400 homes in Forest Lakes there are just 22 homes for sale, only 2 of which are deemed distressed properties, and just a scant few for rent. In the past month there have been 8 Forest Lakes homes go under contract, while in the past three months there have been 22 homes go under contract. Could it be that there may be only three months of standing inventory? If you are looking for a great place to live that’s beautiful, clean, safe while being convenient to everything, please give Forest Lakes a look. It’s not only a great place to live and raise a family, it’s a great investment.

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The question most asked is………. Tuesday, Jul 27 2010

The question most asked is, “What should I do? Is this the time to buy a home? Is this the time to sell my home?”. Well let’s take into consideration these facts. Interest rates are dirt cheap. The price of buying money is so low right now that if it were any lower lenders would be paying to have the money taken off their hands. The home price correction has taken place. In some areas the price for homes has started to increase. The on hand inventory or availability is still very high.

Most people are sitting on the sidelines. They have in their minds the home equity they enjoyed just a few years ago and are willing to wait until that price point returns. They are wringing their hands looking for the perfect scenerio, sell their home high and purchase the next home on the cheap. Well there may be a way for some people to do both. Since obtaining a mortgage has become more difficult for many people, who would otherwise purchase, they are being forced to rent. Hence there’s now an over all shortage of nice rental properties. One way to take advantage of this unique market is to rent the present home. Let someone else make all the payments. A good part of the rental income can be used as real income when qualifying for the next mortgage. This way a person can enjoy the advantages of these low home prices and mortgage rates by having someone else pay the expenses for the present home.

Most people are soured with the idea of renting out their home. Well to that I say, “It’s not your home anymore, it’s a rental property, it’s someone elses home. Your home is where you will be living.”. If the idea of being in the rental business is daunting there are great rental management companies ready to do all the work for you. Their fee is a tax deductable business expense as is every other expense associated the rental.

If after three years the market has bounced back sufficiently to make it advantagious to sell, capital gains tax law require only a residency of two out of the past five years to eliminate the capital gains tax. But also having someone else pay all the expenses until the “rental unit” is paid for in full means a nice steady income for retirement.

This is the time to buy. Figure out a way.

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