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August 28, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Albemarle County, Virginia

Reported by Tom Bibb, REALTOR

Updated August 15, 2008.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

The last half of July showed an increase in Buyers with that trend continuing and increasing the first half of August. The Buyers continue to be slow to make decisions for a number of reasons such as waiting for even lower prices, wondering if gas prices will continue the downward trend, poor economy or lower interest rates. It may or may not be the best thing to wait. That is an individual decision. However, there are excellent homes available and now is the time to buy is now! For additional information, give me a call at 434-962-4663

ZIP Code: 22901-22911

Location Characteristics: U. of VA is located here--also, a very clean city with equal Fall, Winter, Spring and Summer seasons - Mountain views- couple of hours to Washington DC - 3 hours to eastern shore - 4 hours to the Outter Banks NC - major winter activities within 2-3 hours

For More Information:

View Market Conditions of other areas served by Tom Bibb

Navigate: Top > Virginia > Albemarle County

About Tom Bibb:
I am a local of the area for 60 plus years. I graduated from the local high school and the U of Virginia. This year I begin my 27th year as a Realtor. I pride myself in total service, providing a purchaser or seller with the 'straight facts' of the marketing process


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.



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Mortgage Rates
30 Year Fixed: 6.47%
15 Year Fixed: 6.00%
1 Year Adj: 5.29%
(U.S. Weekly Averages)

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