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We've got a few important topics to cover with you today. First, we would like to talk to you about what is going on here in the Charlottesville real estate market.
Home prices have increased for the 6th consecutive quarter, and the average home price has risen to $289,000.
For our current quarter, sales have been down. However, there are a ton of pending properties out there that should go through in the next few months. We are really optimistic about the market heading into 2015 so if you are looking to buy, now is a great time. Both prices and interest rates will be rising soon, so locking in a rate now could save you thousands down the road.
We would also like to talk to you a little bit today about holiday safety. When you are traveling and leaving your home unattended, using social media may not be the best idea. Internet predators are out there everywhere, maybe even lurking on your friend list. If you just have to post about your vacation or trip, maybe post it so that only certain people, that you trust, can see it. If you have any questions on how to do this, let us know. We can help you out.
If you have any questions at all about real estate, we would love to answer them on our next video. Give us a call or send us an email about questions you would like answers to, and we would be glad to answer them for you.