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 »

 
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 »

With the second quarter of 2009 topping out with over 1000-lots that are six acres or less; the market still favors the purchaser. My prior post 2nd Quarter Sales: More of the Same goes into the sale’s statistics. This post focuses on all subdivisions that show up in the Lynchburg MLS that have more than twenty [...]

Filed under: Buyer, Central Virginia, Education, Out-of-Town Buyer/Seller, Statistics, Subdivisions on August 13th, 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 »

There is no excerpt because this is a protected post.

Filed under: Education, RLI (REALTORS Land Institute) on April 17th, 2009 | Enter your password to view 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 »

This past week I received an email from the National Association of Realtors. They had received a request from the Federal Reserve of Richmond wanting to know if land was being foreclosed in Virginia. My response was that I knew of only one subdivision, Jason Anthony,  within the Lynchburg area that the banks took action. [...]

Filed under: Buyer, Campbell County, Central Virginia, Education, Subdivisions on March 12th, 2009 | No Comments »

Thoughts of doing statistical analysis started in 1988 with my land sale for the development of Wal-Mart and Sams. The sales price was for $100,000 per acre. This was an unprecedented transaction for our area during that time. Knowing that my grandfather bought land during the 1940’s for $50 per acre drove me to investigate [...]

Filed under: Education, Statistics on February 20th, 2009 | No Comments »

The Smithsonian’s Natural Museum of Natural History in Washington, D.C. has unveiled an exhibit Dig It! The Secrets of Soil  that will end January 2010. This hands on exhibit is perfect for children. With a collection of soil from all of the US states the displays focus on soil science, the vital role soil plays in sustaining human welfare, [...]

Filed under: Children, Education on February 6th, 2009 | 1 Comment »