Market update

Mortgage Bonds are trading higher as the debt problems in Europe continue to linger, now in its third year and far from a resolution.

Inflation numbers in December were reported relatively tame today and the data is helping to support the Bond markets. Personal Incomes rose, while Personal Spending fell in December. The fall in spending helped to lift household savings.

Both the fundamental (news) and technical trends are supportive for higher Bond prices, so for now, I will continue to recommend a Floating bias. Just remember, that Mortgage Bond prices are at all-time highs and markets don't go straight up or straight down, so I am very cautious at present levels. If anything changes, I will get back to you.

Leonard Winslow
Direct: 434-760-2580

943 Glenwood Station Lane, Suite 200

Charlottesville, Va. 22901
leonard.winslow@newamerican.com
web: www.newamerican.com/leonard.winslow

http://www.facebook.com/CharlottesvillesLoanExpert
License #MLO-4817VA-NMLS #265272

Property of The Day: 355 Albemarle House, Charlottesville, VA

355 ALBEMARLE HOUSE DR CHARLOTTESVILLE, VA 22902 8 beds, 13 baths, $16,000,000

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• Listing Information:

  • Address: 355 ALBEMARLE HOUSE DR
  • City: CHARLOTTESVILLE
  • State: VA
  • Zip: 22902
  • Area: Albemarle

  • Price: $16,000,000
  • Listing #: 487335
  • Property Type: Single Family
  • Listing Type: Foreclosure/Bank Owned
  • Subdivision: NONE
  • Status: Active

• Property Information:

  • Style: Georgian
  • Bedrooms: 8
  • Total Baths: 13
  • Full Baths: 13
  • Year Built: 1985
  • Sq. Feet: 18000
  • Lot Size: 98.0000000000
  • View: Blue Ridge, Garden, Mountain, Pastoral, Water, Woods, Irrigation, Pond/Lake, Spri
  • Basement: Finished, Outside Entrance
  • Garage: Spaces: 6
  • Parking: Detached
  • Taxes: 122391.000
  • Air: Central AC
  • Heat: Forced Air
  • Pool: Yes

  • Construction: Brick
  • Stories: 2 Story
  • Exterior: PORCH: Balcony, Brick, Front, Patio, Rear, Side, Slate, Terrace WINDOWS: Insulated, Low-E YARD: Fenced, Flood Lights, Formal Gardens, Garden Spot, Landscaped, Landscape Lighting, Mature, Nearly Level,
  • Interior: Built-in Bookcase, Built-in China Cabinet, Ceiling Fan(s), Central Vacuum, Chair Rail, Crown Molding, Curved Stair, Hot Tub Inside, Intercom, Mbr Sitting Area, Skylights, Wainscotting, Walk-in Closet, Water Conditioner, Embossed Tin Ceilings, Wired for Surround Snd
  • Appliances: Compactor, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Range, Microwa
  • Utilities: Well; Septic Tank;

• Listing School Information:

  • Jr. / Mid: Walton

  • Elementary: Scottsville
  • Sr. / High: Monticello
• • Listing courtesy of: ROY WHEELER REALTY CO.

Copyright ©2004-2012 Charlottesville Area Association of REALTORS ®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of REALTORS ®. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Information last updated on Jan 18, 2012 9:26:pm.

School information provided by GreatSchools.org

Today's Market Trends for 22902

Average Listing Price:	$640,990	0%
Average Listing Price/Sq Ft:	$246.00	0%
Total Listings:	85	-0.09%
Total Listings Previous Months: December November	93 98	-0.05% -0.04%

Rob Alley, Realtor at RE/MAX Assured Properties
434-220-7133
roballeyrealtor@gmail.com
Search MLS Listings and Homes for Sale
Forest Lakes Real Estate and Community Information

Locking Bias

With no economic reports or glaring headlines out of Europe this morning, Bonds are slipping slightly lower as investors unwind some of their safe haven trading positions.

Over in Europe there is some optimism that a key meeting on the Greek debt talks will end with some good news, and it is weighing on the Bond markets today. In addition, the Treasury will sell a total of $99B in Notes this week and the added supply is capping Bond prices.

Due to the recent move lower in Mortgage Bonds and having subsequently fallen below a key support level, I have switched my short-term bias to Locking. However, in the longer-term, I will stick with a Floating recommendation.

Leonard Winslow
Direct: 434-760-2580

943 Glenwood Station Lane, Suite 200

Charlottesville, Va. 22901
leonard.winslow@newamerican.com
web: www.newamerican.com/leonard.winslow

http://www.facebook.com/CharlottesvillesLoanExpert
License #MLO-4817VA-NMLS #265272

1723 EASY LN CHARLOTTESVILLE, VA 22911 Charlottesville Real Estate

1723 EASY LN CHARLOTTESVILLE, VA 22911 3 beds, 3 baths, $245,700

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• Listing Information:

  • Address: 1723 EASY LN
  • City: CHARLOTTESVILLE
  • State: VA
  • Zip: 22911
  • Area: Albemarle

  • Price: $245,700
  • Listing #: 495104
  • Property Type: Single Family
  • Listing Type: Resale/New
  • Subdivision: HOLLYMEAD
  • Status: Active

• Property Information:

  • Style: Colonial
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 2
  • Half Baths: 1
  • Year Built: 1986
  • Sq. Feet: 1736
  • Lot Size: 0.2500000000
  • View: Residential
  • Basement: Crawl
  • Parking: None
  • Taxes: 1743.000
  • Air: Heat Pump
  • Heat: Heat Pump

  • Construction: Aluminum
  • Stories: 2 Story
  • Exterior: PORCH: Deck, Front WINDOWS: Insulated YARD: Landscaped, Nearly Level
  • Interior: Ceiling Fan(s), Skylights
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Utilities: Public Water; Public Sewer;
  • HOA Dues: 32
  • HOA Description: Area Maint, Pool, Trash Pickup

• Listing School Information:

  • Jr. / Mid: Sutherland

  • Elementary: Hollymead
  • Sr. / High: Albemarle
• • Listing courtesy of: ROY WHEELER REALTY CO.

Copyright ©2004-2012 Charlottesville Area Association of REALTORS ®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of REALTORS ®. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Information last updated on Jan 18, 2012 9:26:pm.

School information provided by GreatSchools.org

Today's Market Trends for 22911

Average Listing Price:	$522,370	-0.02%
Average Listing Price/Sq Ft:	$168.00	-0.01%
Total Listings:	70	-0.05%
Total Listings Previous Months: December November	74 86	-0.14% 0.02%

Rob Alley, Realtor at RE/MAX Assured Properties
434-220-7133
roballeyrealtor@gmail.com
Search MLS Listings and Homes for Sale
Forest Lakes Real Estate and Community Information