Quick Market Update from the May 2015 Note

A quick snip from this month's note: The Market - Balanced? Overheated? - It depends on your market segment A friend from another market texted me the other day: How do you feel about the future housing market?  Does it look good or up in the air?  Just a short quick thought would be great. My response to him - Our market is mostly trending up. Certain segments are balanced while others, primarily the urban properties, are skyrocketing. Crazy low interest rates remain a positive for sellers, but create some inherent risk for Read More

1st Quarter 2015 Nest Report

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  Nest’s 1st Quarter Market Report is out; download it here. A few highlights -

  • Total sales in the MSA are down just a bit. I suspect due to the extended cold and snow.
  • Contracts written are up - way up. 24% in the Charlottesville MSA, 26% in Albemarle County, and 13% in the City of Charlottesville.
  • If there was enough good inventory Read More

April 2015 Monthly Note

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I’m planning to dig into the data a bit more than usual as we’ve just ended the first quarter of 2015 and there have been some interesting new trends and surprises. As the outline is developing, I’m sorting what to cut and what to write about here on RealCentralVA; I’m aiming to cover 3-4 topics this month.

  • The Charlottesville real estate market - 1st Quarter
      • Perhaps an in-person happy hour to discuss the market. Interested?
  • Dual Agency (recognition by clients about Nest’s Read More