Filed under: Buyer, Campbell County, Seller on May 6th, 2010 | No Comments »

Filed under: Bedford County, Buyer, Seller, Statistics on May 6th, 2010 | No Comments »

There has been much talk about the problems with commercial lending and refinancing. I am pleased to share some fruits from the battle the National Association of REALTORS® and others have been wagging with the information below:
 
REPS. CALVERT AND KANJORSKI LEAD CONGRESSIONAL EFFORT URGING FEDERAL
REGULATORS
                  
TO ADDRESS GROWING COMMERCIAL REAL ESTATE MARKET CONCERNS
WASHINGTON, D.C. February 1, [...]

Filed under: Buyer, Education, RLI (REALTORS Land Institute), Seller on February 2nd, 2010 | No Comments »

Fourth quarter sales (Oct. 2009 - Dec. 2009) show continued decline. Compared with 2006 fourth quarter sales, number of sales in 2009 are down 58 percent. Gross sales in the last year are down 26 percent.

(2006 - 2009) Fourth Quarter
On December 31st the Lynchburg MLS has 1131 land listings with 891 being less than 6-acres. The number of new [...]

Filed under: Buyer, Central Virginia, Seller, Statistics on January 21st, 2010 | No Comments »

 
I wish I was an auctioneer today, they are getting the business. Everywhere I turn, I see the same auction companies selling property. I am being asked questions about recent sales by auction. Here are several:
“What sort of sales price are auctions bringing?” They are bringing current prices. A current price can be more, or [...]

Filed under: Buyer, Education, Lake Property, Seller, Statistics on November 8th, 2009 | No Comments »

What’s fair? I have two boys whose ages are ten and seven. I allow my older boy to do things that my younger son can not do. I also give, or as the older son might say, “demand” more responsibilities from him than his younger sibling. Fairness will be debated for years. I believe it [...]

Filed under: Buyer, Education, Seller on September 19th, 2009 | No Comments »

Before taking real estate classes I learned a valuable lesson from my father, “Always have a good accountant and a good lawyer.” Through the numerous real estate classes those words have been reverberated - REALTORS®are told to say we are not qualified to give legal or financial advice and to always check with your lawyer [...]

Filed under: Buyer, Central Virginia, Education, Lake Property, Out-of-Town Buyer/Seller, Seller on July 16th, 2009 | No Comments »

To understand the development of Leesville Lake it is important to have some knowledge of the local history. Leesville Lake is one of four lakes created during the 1950’s and early ′60’s when the Roanoke River, also known as the Staunton River, was dammed to create electricity for the growing South. These man-made lakes: Bugg’s [...]

Filed under: Bedford County, Buyer, Campbell County, Central Virginia, Lake Property, Out-of-Town Buyer/Seller, Seller, Statistics, Subdivisions on May 29th, 2009 | No Comments »

Before looking at current listings it is good to review sales data for previous years. Currently, I have eleven years, 1998 - 2008, of data. For review we will look at this data at these intervals, 1998, 2003, and 2008. - Also, having eleven individual chart lines would look like an abstract painting.

(Figure 1)
In Figure [...]

Filed under: Bedford County, Buyer, Central Virginia, Education, Out-of-Town Buyer/Seller, Seller, Statistics, Subdivisions on March 23rd, 2009 | No Comments »

It is sometimes better to keep your mouth closed and let another voice speak. In today’s New York Times website they did an article Havens/Amherst: Virginia In the Shadow of the Blue Ridge Mountains. Again, this shows that we have a GREAT quality-of-life at a good price.

Filed under: Amherst County, Buyer, Seller on January 30th, 2009 | No Comments »