The Charlottesville Area’s 3rd Quarter Real Estate Market Report
There is good news and bad news in this most recent report. The $8,000 tax credit, low interest rates, and more realistic prices have brought buyers into the marketplace but the number of homes on the market is still way too high. that inventory has to come down considerably before we will see a more balanced market.
http://share.caar.com/Market%20Reports/2009%203rd%20Qtr%20CAAR%20Market%20Report.pdf
