Pending Home Sales Plunge 30% Nationally - The Decline Is Deeper in Charlottesville and Surrounding Counties

*With the expiration of the Homebuyer Tax Cred, The National Association of Realtors report  Pending Home Sales plummeted 30% from April to May, a record low.

* Every City / County in this area saw a decline in pending contracts from April to May.  See charts below; here's a recap of the numbers:
Charlottesville Albemarle Single Family Homes   -50% 
Charlottesville Attached Homes  -55%