If you could turn back the clock on Charlottesville real estate prices and buy today for the same price or less than buyers were paying in 2004, wouldn’t that be amazing? If you think it sounds too good to be true, it’s not, but the more incredible thing about current conditions and current sentiment is that we are actually debating whether or not this represents excellent value.
As a Charlottesville Realtor, I find the comments and statements of outsiders visiting the Charlottesville area 
fascinating. By now many of you may have already read what NY Times Travel Blogger Joshua Kurlantzic wrote in his post about his “36 Hours in Charlottesville, VA” on 10-26-08. If you haven’t, I believe it to be an even-handed view of Charlottesville. In it he calls to his readers attention those local Charlottesville landmarks, attractions, and outstanding local eateries we all tend to take for granted. When you live in the shadows of such natural beauty and history, one tends to loose sight of its significance and grandeur.
Does anyone know where the bottom is in the Charlottesville real estate market? How about the national 
real estate market? If I had a crystal ball, I would feel better about picking out the exact day of the bottom, but since I don’t, let’s review a few facts. I know there are thousands of would-be buyers of Charlottesville homes who have been window shoppers over the course of the past 3 years and who have yet to make a purchase. I’m also guessing that some are feeling a little sheepish about waiting so long if they have significant assets positioned in the stock market; indeed, recent stock market activity is making real estate look like a really safe and dependable investment!
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