Senin, 22 Juni 2009

Snapshot: Do Charlottesville's Latest Listings Indicate Lack of Move-Up Buyers?

We've posted about the lack of move-up buyers in this area, which helps keep the inventory high. The FTHB (First Time Home Buyer) is present, so transactions that are $300K and under account for most sales, and has lowered the median sold price. (Not asking prices; "sold" prices.) Lack of move-up buyers is also a nationwide trend. And it's trouble in any market. Keeps sellers trapped in

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