Daily Progress: Home Prices & Sales Declining in Charlottesville/Albemarle: Supply v. Demand

The Daily Progress reports "Area's Housing Market Remains Cool." Their assessment? "A bit hellish."The majority of information and quotes come from the President of CAAR, the Charlottesville-Albemarle Area Association of Realtors, Dave Phillips.From the article: "In 2009...the region’s housing inventory will continue its gradual shift down to a more balanced level." The area currently has