Get Out

 
Today is the first day of my childrens summer vacation. The boys ares ages 7 and 10 and they just left with their friends mother to do a campout, creek swim, and tour of Virginia Safari Park.
Central Virginia offers many choices where parents can take their children and get them out into nature. Here is [...]

2009 Subdivision Summary

During my original 2008 update of my website and start of this blog  I wrote several posts about local subdivisions. This is a update showing the 2009 Lynchburg MLS sales history of lots within those subdivisions and the current availability of lots. Data for this information was taken on December 31, 2009. The “Price Range” and “Acreage [...]

2009 4th Quarter Sales

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 [...]

Third Quarter 2009 Land Sales

Third quarter sales (July 2009 - September 2009) shows continued decline in land sales. With 52 sales by REALTORS© in the Lynchburg MLS we are still off a 2006 third quarter high of 116 sales by 45% and down 58% from 2008 gross sales. Note that first and second quarters were off almost the same amount.
(2006 - 2009) Third Quarter Sales

On September 30th [...]

Second Quarter Subdivision Review

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 [...]

A Lesson Relearned

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 [...]

2nd Quarter Sales: More of the Same

Second quarter sales (April 2009 - June 2009) shows more decline in land sales. With only 48 sales by REALTORS© in the Lynchburg MLS we are way off the 2006 second quarter high of 142 sales and down 57% from 2008 gross sales.
(2006 - 2009) Secomd Quarter Sales

On June 30 the Lynchburg MLS has 1378 land listings with 1002 being less [...]

Leesville Lake

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 [...]

NARs 2009 Mid-Year Real Estate Summit

Can Alan Greenspan, former Chairman of the Federal Reserve; Conrad Egan, President & CEO of the National Housing Conference; Bruce Katz, Vice-President and Director of the Metropolitan Policy Program of the Brookings Institution; Tom Lawler; Founder of the Lawler Economic & Housing Consulting, LLC or Jerry Howard, President & CEO for the National Home Builders [...]

1st Quarter 2009 Land Sales Decline

First quarter sales (January 2009 - March 2009) shows continuing decline in land sales. With only 35 sales by REALTORS© in the Lynchburg MLS we are way off the 2006 first quarter high of 140 sales and down 58% from 2008 gross sales.
(2006 - 2009) First Quarter Sales

On March 31 the Lynchburg MLS has 1317 [...]