An Exciting New Year in Charlottesville Real Estate
Nationally respected economist Lawrence Yun talked real estate in Albemarle County earlier this month. Yun is a chief economist and also the vice president of research for the National Association of REALTORS®, making his insights into both areas incredible valuable. He was even included in the top 10 U.S. economic forecasters by USA Today in 2008.
Around 200 Virginia real estate professionals attended the recent event, where Yun discussed his thoughts on the future of Charlottesville real estate taking into consideration the market in recent years. One of the main points that Yun emphasized was that 2014 will be a strong year for the Charlottesville real estate market. For homeowners this is especially good news, as there will be a continued rise in the value of homes as the year progresses. And, it’s also a great time to buy because, while the interest rates are rising, they are still low enough to attract new buyers.
Overall, Yun addressed the multifaceted nature of the housing market in Charlottesville, looking at it from different vantage points, including the demand for Albemarle County housing, the area’s job market, and the continued interest in the area by people looking to relocate to Virginia. Yun is a respected voice in the real estate industry, and the picture he painted of Charlottesville real estate in 2014 was incredibly promising.
So, if you are considering buying Charlottesville luxury real estate, there is no time like the present. The top Charlottesville Realtors at Frank Hardy, Inc. are here to help you. With extensive experience in Charlottesville real estate, our best Realtors have the knowledge, skill and expertise to help you find your central Virginia dream home.