As the week winds down for most (I am gearing up to continue showing throughout the weekend), these are a few stories worth reading, each of which relates in some way to the CharlAlbemarle region’s real estate market.
Ardell at RCG has two outstanding posts –
Negotiating Fees with the Buyer Client
If wishes were horses, beggars would ride – a call for civilizing the process of the real estate transaction.
Thinking Entrepreneurially about Transit
CoolTown Studios has this:
53% of 24-34 year olds would choose to live in transit-rich, walkable neighborhoods, less than 25% of middle-aged Americans are interested in living in dense areas. Source: CNU
– Demand for housing within walking distance of transit will more than double by 2025. Properties within a 5-10 minute walk to a train stop are selling for 20-25% more than comparable properties further away, and going up. Source: Center for Transit-Oriented Development (archived: 2007)
If we want to remain a vital, vibrant community, we should take note.
What’s a government to do when their massive annual raises stagnate?
Online home valuations are useful, but …
The desk-top appraisal said the home would be worth $400,000, but the drive-by and on-site visit lowered it significantly, to the $305,000 to $320,000 ballpark, which Mr. Hagar said would be the most accurate for our purposes.
Interested in Learning More?
Jim Duncan has been helping buyers and sellers in Charlottesville’s neighborhoods for 25 years. Get local insight born of experience.
Dig Deeper
Revisiting the “0 to 5 Buyer is Gone” Post – 15 years later
Revisiting the “0-5 Buyer Is Gone” Theory We’re in a different market now. Some of the people who bought between 2021 and 2024 are trying to sell — and the ones who bought new construction, now competing against new construction, are having a hard time.…
A Charlottesville e-bike Success Story
I have an e-bike. I love my e-bike. I ride it to meetings all over the City of Charlottesville instead of driving my car. e-bikes are great. A friend got an e-bike. He loves his e-bike. He has a different perspective, and I asked him…
Flipping the Switch, Part 3: ADUs, Zoning, and the Practical Guide
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Happy Homeownership Day (on a bicycle)
A good day starts with a bike ride. A better day starts with a bike ride to meet clients for a final walkthrough of their first home. Smile, happiness, projects to be undertaken, projects to be planned, lives to be lived. It's a good day.…