November 6, 2023: CAAR reports home prices continue to increase in market with decreasing inventory

It’s the day before an election, though we live in a time when the actual voting is stretched out over several weeks. Today’s the last day before the votes get counted and we prepare for any changes that may occur. Charlottesville Community Engagement seeks to document whatever happens and to get ready for all of the editions that have yet to be written. I’m Sean Tubbs, because I’m contractually obligated to be. On today’s program:* The Charlottesville Area Association of Realtors report that the trend of lower volumes of home sales continues, but so does the trend of higher sales prices* The University of Virginia is seeking firms who want to help study the future of two sites it owns in Fifeville, as well as the eventual fit-out of the UVA Hospital’s South Tower* The Charlottesville City Council will hold a public hearing on the Development Code on December 5 and will consider much of what the Planning Commission recommended in their approval This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit communityengagement.substack.com/subscribe