Showing posts with label belmont real estate. Show all posts
Showing posts with label belmont real estate. Show all posts

Saturday, March 30, 2013

The Best Little Market in Belmont

If you're a resident in the Belmont Neighborhood than you have surely been to the C'ville Market, and if you haven't , then you need to give it a stop. Located near the intersection of Carlton Road and Carlton Avenue, the C'ville Market is in the same shopping center as Belmont Pizza and Pub.

quinton beckhamAs the retail arm of Cavalier Produce, they have all of the most fresh local produce and maintain their motto, "If it's in Season, we have it!" You won't find a huge store when you walk in, but rather a rather unassuming market that has a great selection of not only local produce, but meats produced by local farms as well. Breads by local mills and bakeries and a great selection of chocolate of all varieties positioned near the check out registers so that, on the rare occasion you have to wait to check out, you can survey just what chocolate you want to take home with you to go with those fresh strawberries and that bottle of wine from their extensive selection.

CLICK HERE to go to the C'ville Market Home Page

Locally owned and operated by Steve and Denise Yetzer, the Market has a strong focus on supporting
their local community that can be seen in the Local Artist Wall behind the register, their support of non-commercial public radio as well as the local ASPCA. Now, I am always one that loves to have local businesses, with local products that support their community, and because of that I never mind paying a little extra to keep the economy that I live and work in strong. But at the C'ville Market, you can step out the door with a bag of groceries that is not just full of variety but also very inexpensive! You can't do your full spectrum of shopping their - if you need a ton of cleaning products or expect to be able to pick up a package of lightbulbs and a quart of motor oil with your asparagus and gallon of milk, then this may not be the place for you. But for your regular day to day picking up things on the way home from work and stocking the kitchen pantry, this is a great stop that you should check out. And don't forget to look up their deal on Cardagin, you can get a free reusable grocery bag as a part of their commitment to the environment AND $5 dollars off any purchase of $25 or more, once a month, every month. And that's just the beginning.
quinton beckham
So, if you are a Belmont Resident who hasn't been to visit the C'ville Market, you need to make a stop and check it out, I think you'll be surprised.

And if you are not a resident of Belmont but would like to be, check out the links below for homes for sale in the City of Charlottesville.

Belmont Homes for Sale
Condos in the City of Charlottesville
Johnson Village Homes for Sale


Keller Williams Realty - Charlottesville
Quinton Beckham
1885 Seminole Trail, Suite 100
Charlottesville, VA 22901
434.242.6212
www.select-home-charlottesville.com



Sunday, March 24, 2013

Charlottesville Real Estate in 2013

We have been saying it for weeks now, months even - The Real Estate Market is Picking up, getting stronger and moving faster. So lets take a look at Charlottesville and see how it's doing compared to  last year...

Charlottesville Real Estate Market - www.select-homes-charlottesville.com
So what does this mean? I am not a statistician, but I can tell you what I see in my own business and that of my office and associates. 

Properties Sold - 

The beginning of 2012 saw a lot more movement by investors snapping up properties that were short sales or foreclosed on. These were not first time home buyers, but investors or those whose financial status was such that they were "looking for a deal" on a house. January of this year also saw a lot of that leftover inventory being taken. This is the last movement of investors who are looking for properties to flip or rent out before they number of them on the market decreases. 

Days on Market

Yep , things are picking up speed. Although there are still a lot of people who are unemployed or under-employed, there is still an overall decrease in unemployment and an increasing confidence in the economy as a whole. Combine this with continued mortgage interest rates at record lows and the average family or first time home buyer has an opportunity to break out of being trapped in a rental market and get that very first home of their own. I have clients who make the average amount of money for the area (about $25,500 per year) and others who are making six figures and have been renting. No matter where they fall, they are recognizing the unique opportunity that exists right now: 
Homes that have not regained their prior price tag and interest rates that make buying with a monthly payment that is the same or lower than renting. 

Median Prices

Everywhere you look, the number of distressed properties is decreasing and Charlottesville is no different. For them to decrease, they must be sold. The low prices on these homes water down the overall median prices, which is why we see a little bit of a drop in January 2013. But hold on to your checkbook, because I would predict that as these properties continue to disappear and the pace of the market as a whole picks up, we will see that Median price continue to climb - and at a pace that we have not seen for years. 

So why should you care? 

All of this means that no matter who you are or what your circumstance is, you have an opportunity to move from renting to owning, from being packed into a smaller home to upgrading to a home that better suits your family. It means that the economy and the Real Estate Market is set to let you explore making some personal gains and gaining some tax advantages that you can not have renting. 

And one quick note about Short Sales

And if you are reading this and angry at the predictions because you are still in one of the homes that is upside down, there is some good news for you as well. There are still those families out there that are in homes that are deeply underwater - by $30,000 to $100,000. The Mortgage Forgiveness Debt Relief Act, originally scheduled to expire on December 31, 2012, was extended through the end of 2013. WIthout this important piece of legislation if you did manage to short sale your home and get out from under a crippling mortgage you then got hit with a tax on the amount of debt that was forgiven. Let's say you sold a home for $100,000 to avoid a foreclosure but had a mortgage note of $200,000. On your taxes at the end of the year you had to claim $100,000 as income, as a gift from your lender, and then be taxed on it. (This is an oversimplification, see your tax professional for details about your particular situation.) The point is, you have a chance to get out from under the mortgage, have the difference in debt forgiven AND not be taxed on it. Your best shot to do this is in the time between now and August. 

Points to Take Away

- Thinking you can not afford a home? 

You may be wrong. Make an appointment to see your lender or call your REALTOR to see who they would recommend you talk to. You might be surprised at the opportunities that exist for you. 

- Ready to upgrade your home? 
Talk to your REALTOR. The timing could not be better as there more families out there that could afford to buy the home you are in and better opportunity for you to upgrade the home you live in without a huge increase in your payments. 

- Stuck in a home that is upside down? 
Again, talk to your REALTOR and let them recommend some Attorneys or CPAs to talk you through your options - this may be your last best option for getting out of an upside down home, taking a break for a few years and then purchasing a home again in 2015. Three years sound like a long time? It may not be when you look at how long it would take the home you are in to regain the value it had when you bought it. If you bought at the peak of the housing market, this could be especially true for you. 




Quinton Beckham
Keller Williams Realty - Charlottesville
1885 Seminole Trail, Suite 100
Charlottesville, VA 22901
434.242.6212

Friday, March 15, 2013

51 Ways to make your home sell - Week #3

The third of our Short Weblogs with tips to help you sell your Home faster!



Click the links below for:

 All Homes for Sale in Charlottesville
Homes for Sale in Belmont
Homes for Sale in the Rugby Neighborhood
Homes for Sale in Redfields

For more Information or a Home Sale Consultation, Contact me:

Quinton Beckham, Keller Williams Realty
1885 Seminole Trail, Suite 100
Charlottesville VA, 22901
434.242.6212
www.select-homes-charlottesville.com

Saturday, March 9, 2013

51 Weeks of Tips to Sell your Home - Week #2

I know many of these tips seem silly as you listen to them and you think, "what? no buyer would ever notice that..."

But I dare you, go look out of your windows before you hit the play button, look carefully, then come back and watch...





And as always,
If you are looking to Buy a Home in Charlottesville,
Sell your Home in Charlottesville
Or Invest in Real Estate.

I want to help!

Quinton Beckham
Keller Williams Realty
1885 Seminole Trail, Suite 100
Charlottesville, VA 22901
434.242.6212

www.select-homes-charlottesville.com


Saturday, March 2, 2013

Let's Talk about Short Sales... But only for 2013

While perusing Facebook and catching up in what my friends across the country were doing I ran across one Tucker Griffin and Barnes' postings which talked about the Debt Forgiveness Act. Forgive me if I sound like I am quoting, and I guess in many ways I am, but Bill tucker is a lawyer in Charlottesville with over 30 years experience leading the Firm's Real Estate Group in all manner of Real Estate related issues. Tucker Griffin and Barnes is an excellent firm with a stellar reputation that, despite being a full service law firm, has managed to stay focused on their community.

Homes for Sale in the Belmont Neighborhood of Charlottesville

What he pointed out in this posting was that the Debt Forgiveness Act has been extended to December 31, 2013. This allows homeowners who are are at risk of foreclosure - upside down on their mortgages and going through financial issues that could make them fall behind on payments - to have an opportunity to sell the home they are in while avoiding being taxed on the "forgiven" debt. This is an incredible boon to any family that is feeling trapped in a home that they bought at the peak of the market that they can no longer keep up with after the recession.

For the full posting from Tucker, Griffin and Barnes, click here

If you or someone you know is falling behind on their mortgage payments or at risk of foreclosure, a short sale offers you unique opportunities to get a fresh start without having to file bankruptcy or pay an enormous tax bill. For more information, contact me at 434.242.6212 and I strongly recommend that you read the link above.

Condominiums for sale in the City of Charlottesville

If you are looking to Buy a Home, Sell a Home or Invest in Real Estate, call me -

Quinton Beckham
Keller Williams  Realty
434.242.6212
www.select-homes-charlottesville.com

Quinton Beckham



Friday, March 1, 2013

Mortgage Rates Decline - Home Buyers Rise

If you were paying attention this week you saw that mortgage rates declined once again. A 30-year fixed rate had risen to 3.56% but yesterday reached the low of 3.51 - just a few tenths of a point from the all time low of 3.31% (click here for the full article from USA TODAY.) New home sales jumped 16% in January over December and the number of people who signed contracts to purchase resale homes also rose, according to the National Association of Realtors (NAR). Following this increase in demand, home prices also rose. All based on purchasing power.

NAR tracks the Pending Home Sales Index which measures the number of homes that are placed under contract. Although this does not measure actual sales, it is a good indicator of consumer confidence. This has seen a relatively steady climb over the last 12 months with a good jump in January. NAR offers this data to the public and you can view it by clicking here. Additionally, overall financial forecasts remain on the upswing with unemployment dropping, mortgage rates making modest climbs to reach break into the 4% territory in the fourth quarter of the year. This data can be seen by clicking here.

Overall, this continues to be a good home buying season for everyone involved with rising home prices benefitting sellers, decreasing unemployment putting cash in the hands of more consumers and low mortgage rates keeping homes affordable for anyone who is seeking to upgrade their home or get out of renting and become a homeowner.

If you are interested in becoming one of those homeowners, click this link to see all properties for sale in the City of Charlottesville, Virginia.

If you have questions on buying or selling a home, you can check out my website or contact me directly at 434.242.6212

Quinton Beckham
Keller Williams Realty
434.242.6212
www.select-homes-charlottesville.com

Quinton Beckham



Monday, February 18, 2013


Keller Williams Realty Now #1 Real Estate Company in the United States by Agent Count
Company also announces franchise expansion into Germany, Austria, Switzerland, and Turkey

DALLAS, TEXAS (February 17, 2013) Keller Williams Realty, Inc. announced today that it is the largest real estate franchise company by agent count in the United States, with approximately 80,000 associates. In recent years, Keller Williams Realty has posted record growth numbers, surpassing RE/MAX, Century 21, and now Coldwell Banker to secure the industry’s top position. The news, based on publically available information as of February 6, 2013, was announced in front of more than 10,000 Keller Williams associates during the company’s annual convention in Dallas, Texas.
During his standing-room-only, annual State of the Company address, CEO Mark Willis made the announcement, stating, Keller Williams associates: We are one family. We have one destiny. We share one thing ... We are America’s #1 real estate company by agent count!”
Willis also reported strong productivity gains by Keller Williams associates in 2012. Year over year, per-agent units increased 23 percent, closed volume was up 31 percent, and gross commission income rose 28 percent. Moreover, a record 91 percent of the company’s offices were profitable for the year. The company also announced its final profit share total for the year, which added up to more than $55 million in profits distributed to Keller Williams associates an increase of 44 percent over the previous year.
Keller Williams Realty President Mary Tennant updated attendees on the company’s charitable 501(c)(3) entity, KW Cares, which in 2012 awarded $2.7 million in grants to associates and their families in need.
And finally, Keller Williams Worldwide President Chris Heller announced plans to expand into two new regions: (1) Germany, Austria, and Switzerland; and (2) Turkey. The company previously
announced global franchise agreements in Vietnam, Indonesia, and Southern Africa. Heller also extended a big welcome to more than 70 international guests who were visiting from 18 countries.
“One of the keys to Keller Williams Realty’s phenomenal success has been our ability to grow organically from agent to agent, from market center to market center, from country to country – earning our reputation one person at a time,” Heller said.
Willis’ presentation was followed by a 30th anniversary party. The No. 1 announcement and celebration capped a remarkable year for the Austin, TX-based company:
  • -  J.D. Power and Associates ranked Keller Williams Highest in Customer Satisfactionamong both home buyers and home sellers.*
  • Keller Williams was ranked No. 9 on America’s Top 150 Workplaces – the only national real estate company on the list.
  • And in April, Keller Williams co-founder and bestselling author Gary Keller will publish his latest book, The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results.
    Willis thanked associates and implored them to Never back downfrom their new position as the largest real estate company in the United States: “Let’s celebrate tonight, but watch out, competition. Tomorrow we’re going to be working harder than we’ve ever worked before. The real prize we’re pursuing is to be #1 in agent count and transactions and volume all across the world!”

    *Disclaimer: Keller Williams received the highest numerical score among full service real estate firms for home buyers and home sellers in the proprietary J.D. Power and Associates 2012 Home Buyer/Seller StudySM. Study based on 2,994 total evaluations measuring five firms and measures opinions of individuals who bought or sold a home between March 2011 and April 2012. Proprietary study results are based on experiences and perceptions of consumers surveyed March-May 2012. Your experiences may vary. Visit jdpower.com 

  • Looking to buy a Charlottesville Home
  • Sell your Charlottesville Home
  • Invest in Real Estate

  • Call me and let me bring the strength of the Country's largest Real Estate Firm to meeting your needs!

  • Quinton Beckham
  • Keller Williams Realty
  • 434.242.6212
  • www.select-homes-charlottesville.com 


Wednesday, February 6, 2013

Contemporary Design in Historic Belmont neighborhood


Anyone who has spent time in Belmont knows that it is a neighborhood that is on the move. Over the last decade it has seen the growth of some amazing restaurants in its central core and even had the area dubbed “Downtown Belmont.” The largest named neighborhood in the City limits, Belmont (or Belmont-Carlton, as it is often called) it has seen some dramatic changes in its housing and overall appeal.


Easily seen in the neighborhood is the prevalence of urban infill projects – taking those lots that are empty, underdeveloped or just in need of rehabilitation and using them for housing that is affordable and efficient. Residential housing in the Belmont neighborhood has a wide range of pricing – from as low as $150,000 for a single family home to as high as $500,000.

One such builder is architect Jared Metzger, managing partner of Metzger Design; a full service firm that provides the complete A to Z of development, architectural design, construction, project management and graphic design. A graduate of UVA, Jared has been a licensed Class A contractor for over eight years and a practicing architect for over 12 years. After spending some time with firms in Washington, D.C. and Charlottesville, he struck out on his own to establish Metzger Design.

“I always have enjoyed building things and actually got my undergraduate degree in fine arts, specializing in wood and metal sculpting,” Jared says, “ I wanted to find a practical application to sculpture and found architecture to be a great profession. In fact, I think architecture pushes my imagination even further, because its not only about form, but ultimately about function.”

Metzger design has done residential projects in the Belmont Neighborhood, with the second now offered for sale on Midland Street. “Belmont is in a great location; convenient to the downtown mall. The cultural and restaurant scene continues to expand with many of Charlottesville’s newest gathering spots in Belmont and continuing to expand eastward.” The Midland Street Homes offer 1470 finished square feet of living space containing three bedrooms, two and half baths. Metzger’s favorite part of the Midland Street homes,? It’s the eye-catching living area on the first floor that flows seamlessly from the kitchen. The high placed windows allow for natural light while preserving privacy and, in combination with the vaulted ceiling leading up the stairs to the second floor, give an incredible sense of space.

“As an architect, I was interested in getting into home construction to show homebuyers smart and efficient design was not out of reach. Such a huge percentage of homes built in today’s market are homogeneous and lack an identity; they do not relate to their environment or the uniqueness of the place they are built,” Jared points out.  Unlike other neighborhoods in Charlottesville, Belmont’s residents seem to be appreciative of the uniqueness of the homes there. In a fifteen-minute walk, one can see everything from historic architecture to contemporary home designs that capitalize on the views of Carter’s Mountain and the Rivanna River running adjacent to the neighborhood.

“Charlottesville has become a wonderful place to experiment with home design,” says Metzger, “buyers have become much more sophisticated and have learned to expect more. I think a lot of that is because of the variety of design firms that are active in the market. Metzger Design is committed to offering contemporary homes that are affordable to the average family.” With an asking price of $229,900, the Midland Street properties are a testament to that truth – the average mortgage on new homes in Charlottesville (the amount financed after any down payment) in 2012 was $247,537 according to Housing Intelligence. 

To see the latest Metzger Properties for sale, click the links below

Fo more information on Metzger Design go to: 

Click here for all homes for sale in Belmont.

Quinton Beckham
Keller Williams Realty

Tuesday, January 29, 2013

Paul Goodloe McIntire's Belmont Legacy

His name and contributions surround us, but few outside of Charlottesville Historians know just how much of an impact that Paul Goodloe McIntire had on the shape of the city. Born in 1860 in the City of Charlottesville, McIntire attended the University of Virginia for only one semester before leaving in 1880 for Chicago "...to earn some money." He worked first as a coffee salesman (Barista's of the city should puff out their chest at that!) and later as a stockbroker. He then moved to New York City where he bought a seat on the New York Stock Exchange and between the years of 1901 and 1921 amassed a fortune. Never forgetting his home town he used his wealth to beautify the city, purchasing land to become parks and adding sculptures for all of Charlottesville's residents to enjoy.

Just some of his notable gifts include the Statues located in Lee and Jackson parks - parks placed on land that he purchased and donated to the city for this purpose. One of his donations that any traveler or resident will recognize is the statue of Meriweather Lewis, George Rogers Clark and Sacajawea that stands at the intersection of Ridge and McIntire Roads at the primary traffic gateway to the Downtown Pedestrian Mall. Another statue of Lewis and Clark stands at the intersection of Jefferson Park Avenue and West Main Street; a gift he made to the University of Virginia.

In addition to Lee and Jackson Park, McIntire also gifted the land that has become Washington, McIntire and Belmont parks. Homeowners in Belmont note Belmont Park to be one of the finest parks in the City of Charlottesville.

The 3.1 acres of Belmont Park is bounded Stonehenge Avenue, Rialto Street and Druid Avenue. The park contains a full basketball court, benches, swing set, playground equipment, large Oak Trees for Shade and a courtyard with shelter for outdoor concerts. When driving by Belmont Park, Residents and visitors alike have their attention drawn to the latest addition, the "spray ground" that allows children to enjoy an afternoon playing in the various water spouts while staying cool. The spray ground is operated by touchpad, recycles the water it uses and is open from 9am to 8pm during summer months.

From UVA dropout, to coffee salesman to philanthropist, McIntire's is a story that could easily be repeated today and Belmont Homeowners enjoy the legacy of his generosity to this day.

For more information on Charlottesville City parks and trails, CLICK HERE

For more information on Paul Goodloe McIntire, CLICK HERE

If you are looking to -
Buy a home in Belmont or the City of Charlottesville
Sell your Charlottesville Home
Or have other questions about Real Estate
Please click the links above or contact me directly

Quinton Beckham
Keller Williams Realty
434.242.6212
www.select-homes-charlottesville.com