Current News

CAAR Receives National Grant to Help Build a Greene County Memorial

The Charlottesville Area Association of REALTORS® (CAAR) has received a $2,000 Placemaking Grant from the National Association of REALTORS® (NAR) to help with a grassroots effort to honor the sacrifices made by Greene County residents and landowners who were displaced when the Shenandoah National Park was established in the 1930s.

The memorial will be a monument, in the form of a stone chimney, with a plaque honoring the families and their sacrifices.

“As a citizen of Greene County, I feel privileged to have had the opportunity, alongside CAAR, to assist the Blue Ridge Heritage Project,” said Matthew Woodson, a member of the CAAR Board of Directors. “It’s just another example of how countless REALTORS® contribute and volunteer in their local communities each year. This local memorial will serve as a proud reminder to future generations of the rich history and heritage of Greene County.”

The dedication of the memorial will be held on Sunday, October 29th at 2 p.m. at the corner of Main Street and Celt Road in downtown Standardsville.

Eleven CAAR Members Among the 2017 Virginia REALTORS® Award Winner

The Charlottesville Area Association of REALTORS® (CAAR) proudly shares that eleven CAAR members were among the 2017 Virginia REALTORS® (VR) award winners. The awards ceremony took place at the Installation and Awards Banquet in conjunction with the VR 2017 Annual Convention on Wednesday, October 4th at the Hotel Roanoke.

*Members who were not able to attend the VR 2017 Annual Convention were honored during the October General Membership Meeting on Thursday, October 12th at the UVA Darden School of Business.

The Virginia REALTOR® of the Year Award is presented to professionals who have made proven contributions to the real estate industry through both personal and professional achievement and outstanding volunteerism. Pat Sury of Montague Miller & Co. – Westfield received the 2017 Virginia REALTOR® of the Year.

The Virginia REALTOR® Hall of Fame honors Virginia REALTORS® who have made extraordinary and distinguished contributions to the real estate profession and markets in Virginia over a period of at least 25 years. Pat Jensen of Real Estate III – North was inducted posthumously into the Virginia REALTOR® Hall of Fame, honoring her remarkable legacy.

The Code of Ethics Leadership Award is presented to an individual REALTOR® member who exhibits leadership and knowledge of the REALTOR® Code of Ethics, arbitration and/or professional standards, and who is known to share such information with other real estate professionals; has made presentations on Ethics before their own association, other associations, or before civic and community groups; and who has participated in local, state, or national association grievance, professional standards, arbitration, or ethics related activities; has taught courses in REALTOR® ethics, either paid or voluntary. Rives Bailey of Montague Miller & Co. – Westfield received the 2017 Code of Ethics Leadership Award.

Created in 1950, the honorary fraternity of Omega Tau Rho is awarded by state and local Associations of REALTORS® to members and others that serve the REALTOR® organization. Once a medallion is awarded, the recipient is a member for life. This award recognizes exemplary dedication and service, and the high esteem in which recipients are held by fellow members of the REALTOR® organization. The following members received the Omega Tau Rho award: Sandy Huffman of Charlottesville Area Association of REALTORS®; Keith Knight*of Real Estate III – North; Gaby Hall of ERA Bill May Realty Co.; Ginny Nelson*of Real Estate III – North; Phyllis Novotny* of Roy Wheeler Realty Co. – Edman; Sue Plaskon* of Long & Foster – Old Ivy; Linda Stanton of ERA Bill May Realty Co.; and Tiffany Vann* of Charlottesville Area Association of REALTORS®.

For pictures of the award winners, please visit Charlottesville Area Association of REALTORS on Facebook or Cville Realtors® on Twitter.

CAAR Publishes 2017 Third Quarter Home Sales

Greater Charlottesville Area 2017 Third Quarter Highlights:

• Home sales declined -2.4% (997) compared to Q3 2016 (1,021).

• Greater Charlottesville median sales price rose to $296,300 (8.5%) compared to this time last year ($273,100).

• The median days on the market in the 3rd Quarter was 24, 5-days lower than in Q3 2016.

 • New listings increased 2.0% (1,133) compared to this time last year (1,111), as pending sales also improved (8.9%).

• Inventory of homes for sale declined -13.2%, resulting in 4.2 months supply of inventory compared to 5.1 months supply in Q3 2016.

Click here to see the full press release.

About CAAR

The Charlottesville Area Association of REALTORS® serves more than 1,000 real estate professionals and affiliate members throughout the City of Charlottesville and the counties of Albemarle, Fluvanna, Greene, Louisa, and Nelson. Widely recognized as the leading voice for real estate in Central Virginia since 1925, CAAR members bring professionalism and high ethical standards to every business transaction. The Association advocates for the protection of private property rights and provides tools and technology for members to achieve expertise in serving the needs of customers and clients. The CAAR membership is committed to enriching the region’s neighborhoods by engaging in a variety of educational programs as well as community service events each year.

Vision - The REALTOR® is indispensable to every real estate decision.

Mission - To support our REALTOR® members to be professional, ethical and successful.