This month – the story of the Charlottesville real estate market, balancing business, buying relationships, seeing homeownership matter, and explaining the smush.
April 2024 Monthly Note | The Charlottesville Market Story is Stagnant
It’s Ok to Rent
Realtors do a disservice by denigrating renting. Yes, homeownership can be a source of significant wealth. There are copious studies and data out there that back this up. I’ve had agents talk about me, and never to me that I shouldn’t say that renting can be good. My role is to advise my clients – buyers, sellers, and even renters (even though there is no compensation for advising people to rent, or for the very rare occasion that I point someone to a rental). Sometimes that advice is to buy, sometimes to sell, and sometimes to hold.
April 2024 Charlottesville Real Estate Reddit AMA
My April 2024 Charlottesville Reddit real estate Ask Me Anything (AMA). I do these once a quarter, and we had some great questions about the lawsuits, the market, timing the market.
Commissions, Isolation, Bicycles, Community | March 2024 Jim’s Note
March 2024 monthly note. Published on Substack, and available by free subscription there. Archived here, but I have more confidence in the links I control than I do on someone else's platform. Much as in real estate, better to build a business on your own real estate than on someone else's. I started RealCentralVA in January 2005. I wrote the first monthly note on...
February 2024 Monthly Note
Sales down, listings down, prices up. I’m comparing 2019 to 2024 as 2019 is the most recent “normal-ish” real estate market. Jim Duncan’s Note
The NAR Settlement — Want to Read it With Me?
There’s lots of talk in the media/real estate space/coffee shops/Slack channels about the National Association of Realtors proposed settlement. Proposed.
Rather than depend on others’ interpretations and spins, I’m reading the proposed settlement myself.
Quick tips for Buyers and Sellers in Charlottesville
Tips for real estate buyers and sellers in Charlottesville & getting better at representing clients — “I don’t know” is a powerful phrase