Charlottesville City Real Estate Market Update May 2010 Mr. and Mrs. Seller let me point something out:   The average Charlottesville home went under contract when it had a Price Per Square Foot of $188.54.  However the average Charlottesville home sold with a Price Per Square Foot of $164.89.  Homes sold for 12% less than the [...]

100% financing is a popular mortgage option for first time homebuyers.  Recently the  Rural Development program offered 100% financing.  Unfortunately the money available for the Rural Development program dried up.  There is second option for 100% financing.  It is the CHIP program, Community Homeownership Incentive Program.  CHIP allows home buyers to obtain a 100% mortgage in non-declining real estate markets.  [...]

The Charlottesville Area Association of Realtors, CAAR, is recruiting volunteers willing to donate some time for two Habitat for Humanity build days during the month of May, 2010. Here are the details:  Dates:            Thursday, May 13th and Thursday, May 20th Time:             8:45 am – 3:00 pm Lunch will be provided onsite  Don’t know construction, you [...]

Below is the Lake Monticello Friday Flyer for April 30, 2010.  Drop Betsy Gunnels a line if you have any questions about living at Lake Monticello or about the Lake Monticello Friday Flyer.  434-996-9797 Betsy@GunnelsGroup.com Lake Monticello Friday Flyer April 30, 2010

A new classical school is opening it’s doors to Charlottesville, Va area residents in the Fall of 2010. St. Bede’s Academy is the only classical school in Charlottesville. To start it will only offer first and second grades at $6500 annually. Please see the attached flyer for further details and contact information for this new Charlottesville classical [...]

Ken Malinowski, Mortgage Advisor with PHH Mortgage Services, sent our client these very helpful tips to Improve Your Credit Score. These tips benefit everyone, even those without credit problems. These tips come directly from MyFico.com. Feel free to drop us a line if you have a specific credit question. Maggie@GunnelsGroup.com or 434-960-8987 Improving Your Credit Score [...]

Are you thinking of selling your Charlottesville home as a short sale?  If you answer yes to this question make sure to read the below information before you begin the short sale process.  It could potentially save you time and money.  Do you know someone considering to pursue a short sale?  Please send them this link.   What is [...]

CAAR Market Report – 2010 First Quarter Published by the Charlottesville Area Association of REALTORS® Where Are We Now? In the first quarter of 2010, the Charlottesville real estate market continued the trend seen in the fourth quarter of last year. Home sales, compared to the first quarter of 2009, increased slightly. In the first [...]

Mark your calendars Charlottesville, The Hook and 18 top Charlottesville restaurants will host the second annual Charlottesville Restaurant Week from January 25 – January 31. For only $26, you can enjoy a delicious three course meal (does not include beverage, tip or tax). $1 from every meal will be donated to the Blue Ridge Area [...]

Are you relocating to Charlottesville?  Are you looking for a job?  Even in this ever-changing economy, there is a wide selection of job opportunities in the Charlottesville area.  The University of Virginia is the #1 employer in Charlottesville with around 8,600 employees, including part-time.  Currently on SimplyHired.com there are over 132 job openings in Charlottesville [...]