E-Mail Scams Targeting the Real Estate Industry
The National Association of REALTORS® has received reports of sophisticated e-mail scams targeting the real estate industry.
In a typical e-mail scam, a party (likely buyers) involved in a real estate transaction will receive what looks like an e-mail from their real estate agent suggesting that they wire money to a bank account in order to secure a house.
If you receive an e-mail from your real estate agent with this suggestion, please do not proceed. Instead contact your real estate agent by phone and verify if the e-mail came from them.
CAAR Publishes 2015 Year-End Market Report
Charlottesville Area Year-End 2015 Highlights:
- Home sales in Greater Charlottesville have now increased for four consecutive years as the 3,282 homes sold in 2015 marked the highest level since 2006.
- Pricing remained steady with a median sales price of $270,000 for the year, unchanged from 2014 and 10.2% higher than the 2011 bottom of $245,000.
- Inventory is 16.5% lower than this time last year, the lowest level since year-end 2005.
- Half the homes sold in 2015 were on the market 46 days or less, a six-day improvement from the median DOM of 2014 and the lowest level since 2006.
For more information on this report or the real estate market, contact a REALTOR® today.