Monthly Archives: February 2021

CAAR releases sales report for 2000’s fourth quarter

The Charlottesville Area Association of Realtors has released its home sales report for the final quarter of calendar year 2020. In summary, mortgage rates are at a historic low which may be fueling recent activity in the market. (download the report)

“Sales are surging in the CAAR area housing market,” reads the executive summary of the report. “There were 1,278 sales in the 4th quarter, a 23 percent jump from last year.”

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Council denies special use permit for 11-unit building in Belmont

Charlottesville City Council has denied a special use permit for additional density at a site in Belmont that would have added 11 units at 1000 Monticello Road. 

Brian Haluska is a city planner. 

“1000 Monticello Road already has a development on it, so that project as its currently developed has more units than what the zoning would allow,” Haluska said. “The project was built in the 70’s and was rezoned in 2003.”

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