Selling Charlottesville real estate in Central Virginia since 1927

Charlottesville area still looking for Housing recovery

April 21, 2010

http://www.bigbuilderonline.com/industry-news.asp?sectionID=365&articleID=1251103

Click on this link for a recent Daily Progress article on the Charlottesville 1st quarter real estate report.  You will find glimmers of hope that then housing market is beginning to recover.  The number of homes sold YTD vs last year has increased but prices in most areas continue to fall.  Look for that to continue until the number of homes for sale begins to significantly decline.