The Virginia Association of REALTORS just released the year and 4th quarter sales statistics. You can get the full report here.  This is one of the best and easiest to understand compilation of data anywhere.

‘Skinniest House’ Sells for $2.1 million
A property dubbed New York City’s skinniest house sold recently for $2.1 million.The two-story Greenwich Village property is 9.5 feet wide and 42 feet long and has two bedrooms and two baths. The townhouse was listed last August for $2.7 million by Alex Nicholas, senior vice president of the Corcoran Group. It last sold in 2000 for $1.6 million. It is now for rent for $10,000 per month.  Source: The Associated Press (01/13/2010)

For this price you can buy 10 average homes in Roanoke and have money left over for things like food, electricity, etc.  Based on our average home, you could have thirty bedrooms, 20 baths, and probably 30 garage spaces.  I think I would much rather live in Roanoke anyway.   See the post below!

Roanoke (Cave Spring) was named as the #9 best place in the conutry to look for a job. It was also named in the top 100 best places to live in the country. See the full article here.

According to this article by Broderick Perkins on Realty Times, Savvy investors are always the first to jump in a potentially profitable housing market and a new survey indicates things are heating up.
More than 12 percent of homebuyers today plan to purchase a home as an investment, compared to less than half, only 5.6 percent, just seven months ago,…..More