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Home Buying in Ruckersville : Real Estate Advice

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Activity 3
Sun Jan 26, 2014
Doriirvin asked:
Wed Jul 16, 2008
Margaret Ramsey answered:
Katie, I am new to Trulia Voices, but not new to real estate in the Ruckersville area. Prudential Charlotte Ramsey has office in both Charlottesville and in Ruckersville. I have lived in Greene County for nearly twenty years and work out of our Ruckersville office.

What Deb and John wrote about real estate being local and having many variables is very evident in our market at the moment. Statistics from our local real estate board show that while sales in the City of Charlottesville have remained fairly steady, in Greene our number of sales are down significantly and the average price of a home is down by 13% since this time last year. We have lots of inventory available, which means that buyers have lots from which to choose. We have started to see some people remove their homes from the market, but in many cases it is known that they still want to sell. Some sellers have lowered their prices to meet market demand, but others are afraid to lower their prices because they feel that buyers will "smell blood" and ask them to lower them even more. There really is no set or average amount that sellers would come down off their price, but I know this market well and would be glad provide you with pricing information on the homes that interest you.
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