April 14, 2008

Housing stock at record-high level

Depending on where you stand — seller versus buyer — the first quarter housing market report released today by the Charlottesville Area Association of Realtors is either a depressing read or a report brimming with optimism.
Fewer homes were sold in the region in the first three months of this year than during any similar period since 2000 and housing inventory sits at about an all-time high.

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