Does Charlottesville Hate Chains?

Chains - https://flic.kr/p/5pA3bR

Does Charlottesville hate chains? I got that question the other day, and I've not been able to stop thinking about it. My working response: C’Ville dislikes chains lacking personality. The second part of my answer is, "it depends." It depends on what kind of chain, what the local impact is, whether they offer something I can't get on Amazon, and Read More

Wegman’s Fellow Tenants Announced

Set to open in the Fall of 2016, the developers of the Fifth Street Station announced new tenants today. Via Charlottesville Tomorrow: Long, counsel for 5th Street Station Ventures, confirmed additional planned tenants include Field & Stream, Dick’s Sporting Goods, Mattress Warehouse, Panera Bread, Lee Nails, PetSmart, Great Clips, Hair Cuttery, Jersey Mikes, Sprint and the Virginia ABC. Eight other leases are in active negotiations with Read More

Correcting Data from the May Note. Darn it.

Monthly-Note-Data

This month, I'm embracing fallibility.  Bad things can happen when I don’t listen to the editors. In this case, that “bad thing” is confusion amongst readers. If you're interested in the Note, please subscribe here. Also note that were I to run the following numbers today, they would be slightly different as data tends to get input into the Charlottesville MLS days and sometimes weeks after closings Read More

Nearly a Billion Dollars of Real Estate on the Market in Charlottesville & Albemarle

Jim Duncan on Twitter_ _Excluding new construction, Albemarle County has 753 homes on the market - highest is $14mil, lowest is $42k. Total is $643 mil._

Some somewhat random data musing for the day -- (when I initially wrote the headline, I was including new construction ... which massively increases the totals). Excluding new construction, City of Charlottesville has 184 homes on the market - highest is $2.75mil, lowest is $69k. Total is $78 mil.— Jim Duncan (@JimDuncan) May 26, 2015 Last year in the City of Charlottesville, 517 homes (condos + attached + single family) sold - the median price was about $262k Read More