As of March 20, the Charlottesville Albemarle area has seen 17% fewer home sales in 2011 v. 2010. January to February sales dropped significantly both locally and nationally, and the median price year-over-year has nosedived.
Qualified buyers aren't presenting themselves with the same speed as they did last year when the Homebuyer Tax Cred was in place. Good news for willing buyers, right?
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