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Greene County

Charlottesville Area Association of Realtors releases market report

CAARThe Charlottesville Area Association of Realtors has released a local home market report showing median home prices nearly $20,000 lower in the first quarter of this year compared to last year. The same report also notes that more homes are selling now, and that there are fewer houses on the market this year than last.

“It’s pretty much a flat market and it doesn’t surprise me at all,” said Barbara McMurry, president-elect of CAAR and a managing broker at Montague Miller and Co. in Albemarle County. “The median price was down, which can be bad news for a seller, but the inventory was also down. That will help stabilize prices.”

Read more in the Charlottesville Daily Progress....

Posted on Wednesday, April 14, 2010 - 7:36pm

Greene County to Revise Comprehensive Plan

According to Greene News, discussions in Greene County are underway between the Planning Commission, Board of Supervisors and other resident stakeholders.  Of greatest focus is the tract of land centered at U.S. 29 and U.S. 33.  One planning commissioner has urged for more compact growth and affordable housing in the area, but the looming challenge is ensuring that the Town of Standardsville and the northside area of the Standardsville bypass remain economically viable.

The comprehensive plan is a "master plan" that serves as a guide for all development in a particular locality.  It includes all of the zoning classifications and "density", which determines, for example, how many homes, apartments, commerial offices, etc., may be built in a particular area.  Homeowners should pay close attention to comprehensive plan changes, as there is a possibility that it could affect their property value, whether it be positively or negatively, or simply their quality of life.

 

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Posted on Monday, January 18, 2010 - 3:41pm

Chesapeake Bay Reports Call For More Livestock, Runoff Regulations

Last week federal officials released parts of a strategy to restore the Chesapeake Bay, according to NewsDay.com.

The report focuses on expanding regulation of large-scale animal farms and municipal stormwater runoff. Although details of the expanded regulations have not been decided, the report did mention that federal leadership and "muscle" would be used when necessary to enforce the new regulations.

This report, along with others wll be used to develop a bay restoration strategy scheduled for release on Novemeber 9th.

Because many of the Virginia localities in the Chesapeake Watershed are heavily farmed areas, many Virginia property owners could be affected. Property owners will need to ensure that their rights are protected in the process of restoring the Chesapeake Bay.

"Federal officials on Thursday began revealing the building blocks of a strategy to restore the Chesapeake Bay, using federal leadership to encourage states to cut pollution and federal muscle, when necessary, to ensure it happens.

Among recommendations in draft reports from federal agencies: expanded regulation of large-scale animal farms and municipal stormwater runoff, and requirements that increases in pollution be offset by reductions from other sources.

The details, such as how many more animal feeding operations would be regulated, have not been decided, but 'the message here is that there will be, there is a commitment at EPA to increased enforcement and increased oversight of state programs,' EPA Administrator Lisa Jackson said Thursday.

The reports will be used to develop a bay restoration strategy, scheduled for release Nov. 9, that was mandated by an executive order issued earlier this year by President Obama.

The EPA said it was working with Chesapeake Bay states and the District of Columbia to establish limits for nitrogen, phosphorus and sediments. States would have to develop detailed plans on how to reduce levels of those pollutants from sources such as farms, highways and lawns. The EPA said it would step in if states don't take sufficient action.

While large operations such as industrial chicken farms would be regulated, the EPA said it would also expand regulation of municipal stormwater programs to include high-growth areas.

Jackson said the goal was to use federal leadership, and 'federal muscle when necessary.'

Agriculture is responsible for about half the pollution entering the bay, but Jackson noted there is more turf grass in the bay watershed than corn acreage and the region is much different from when bay restoration efforts began decades ago."

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Posted on Monday, September 14, 2009 - 10:50am

Charlottesville Area Housing Market Closer to Recovery

Today the Daily Progress reported that the Charlottesville-area housing market might be just a year away from making a recovery. One key sign of recovery is that the number of pending contracts for July 2009 was higher than in July 2008. Area analysts say that if those pending contracts turn into September's sold homes, then the housing market could make up for losses by the end of the calendar year.

"The Charlottesville-area housing market might be 12 months away from making a recovery, according to Barry Merchant, senior policy analyst with the Virginia Housing Development Authority.

Merchant spoke Thursday to the Charlottesville Area Association of Realtors about the challenges facing the local housing market.

Northern Virginia’s housing market appears to have hit bottom and is seeing sales start to rebound after 36 months of decline. Central Virginia and other parts of the state have followed Northern Virginia trends on a 12-month delay, according to data Merchant presented."

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Posted on Friday, August 7, 2009 - 1:49pm

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Posted on Monday, June 15, 2009 - 12:00am