Real Estate Blog

Latest Realty News from NAR

Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly report by the National Association of Realtors®.

The national median existing single-family home price in the second quarter was $255,600, which is up 6.2 percent from the second quarter of 2016 ($240,700) and surpasses the third quarter of last year ($241,300... Read More

Realtors® Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in Sales Transaction Volume

WASHINGTON (August 2, 2017) – Commercial real estate markets continue to improve, with Realtors® specializing in commercial real estate reporting both an increase in member’s gross income and sales volume, according to the National Association of Realtors® 2017 Commercial Member Profile.

The annual study's results represent Realtors®, members of NAR, who conduct all or part of their business in commercial sales, leasing, brokerage and development for land, office and... Read More

Copyright © 2017 Charlottesville Area Association of Realtors®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of Realtors®. Real estate listings held by brokerage firms other than CENTURY 21 Monticello Properties are marked with the BR logo and detailed information about them includes the name of the listing broker. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Information last updated on 2017-08-20.

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Tom Morace
CENTURY 21 Monticello Properties

3661 Lake Monticello Rd
Palmyra, VA 22963
Phone: (434) 589-7653
Fax: (866) 532-3070
Email: morace@sprintmail.com

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©2013 CENTURY 21 Monticello Properties, CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.  Each Office is independently Owned and Operated.