How much snow do you get in Charlottesville?

Snow in Charlottesville

Most of my clients moving to Charlottesville ask this question. Every snow in Charlottesville is not a/the Snowpocalypse. Also, weather folks in Charlottesville are pretty awesome. Many years ago I was meeting with some new potential buyer clients who were new to Charlottesville. There was a supposed storm coming in that weekend and they asked whether they should […]

A Few Surprises from NAR’s Home Buyer and Seller Profile

Really? 22% of 18-24 year olds used print?

One of the best things the National Association of Realtors produces is the annual Profile of Homebuyers and Sellers. Each year, I dig into it to see what nuances I haven’t picked up on, what trends are emerging or dominating, and other tidbits of the homebuyer and seller that I can learn and apply to my practice.

I wrote eight years ago that homebuyers would, whenever we emerge(d) from the recession, focus more on the intrinsic value of a home than they would on perceived equity. I’d say that that has been borne out. 

I know this: I’m more knowledgable and prepared to represent clients thanks to this report.

A few highlights and surprises:

Really? 22% of 18-24 year olds used print? Surprised.

Really? 22% of 18-24 year olds used print?

A bit surprised by the differences between 2013 and 2014 – expected tenure is down … recession ending?

Expected tenure in homes - 2013

and 2014:

?EXHIBIT 2–31 EXPECTED LENGTH OF TENURE IN HOME PURCHASED, FIRST-TIME AND REPEAT BUYERS, AND BUYERS OF NEW AND PREVIOUSLY OWNED HOMES

Honestly, I’m shocked. Shocked by the 33%.

33% Don_t Compromise? Really?

And then this. This is interesting, a bit troubling, and an opportunity to be better than websites. I tell my clients that my goal is to be better than Google/Zillow …

2013 - Usefulness of information sources

In 2014, no real surprises here, but interesting and intriguing trends here.

2014 Usefulness of information sources

What Will 29 Look Like when VDOT is Finished?

Keeping up with what’s happening on 29 is a job – it takes effort, time, and expertise. For that, you’ll have to go to Charlottesville Tomorrow.

For now, have a look at this animation that shows what 20 might look like when they’re finished.

 

 

Two things unanswered (and likely to be unanswered until we have hindsight) –

1) What will traffic/delays be while the solution is implemented?

2) Will all the businesses survive the solution?

On (Realtor) Tardiness

https://www.flickr.com/photos/smemon/4961717384/sizes/n/

There are times when any/all of us are late. The question is whether it’s the exception or the rule. In my life and practice, tardiness is the rare exception.

A few weeks ago, I was scheduled to meet someone at 2 o’clock. At 2:15, I was in my car starting to leave when he pulled in.

He expressed surprise when I told him I was leaving, as he didn’t know what time it was. I almost continued my exit. He said that every other Realtor he’d met had been late; I respectfully and politely told him I wasn’t one of them.

Contrast that with clients the other day who texted me at 2:59 telling me they’d be a few minutes late for our 3 o’clock appointment – they respect my time, and more importantly, theirs.

(caveat: about 3 times a year, Google Calendar betrays me and I’m tardy or miss an appointment … technology is awesome when it works)

When I see a post start with ” this post may offend …” often, I’ll agree. This is one of those posts.

This post may offend some readers. But only because it’s going to cut close to the bone for many.

And I don’t care if I sound old-fashioned, because actually it’s nothing to do with ‘fashion’ or ‘generation’. It’s got everything to do with basic good manners and respect for other people.

So here goes… How did it get to be “OK” for people to be late for everything?

I’m not sure whether my proclivity for punctuality is derived from my time at VMI where being late without consequences was not an option, or from my time being a real estate kid, but being punctual is part of me and therefore part of my real estate practice.

If I’m going to show a house or meet a client at 3 o’clock, I’ll usually arrive between 2:55 and 2:59. If I’m going to be late (I was behind a tractor and a school bus last night on Miller School Road, but still arrived 5 minutes early), I’ll call or text.

I have a knack for working with good people who are nice, intelligent and respectful. And they’re almost all punctual (there are a few exceptions, but they make up for the habitual tardiness by being truly wonderful people … if they were not nice, we’d have a different relationship).

In all the years I’ve coached my daughters’ soccer teams I’ve started the season with the statement to the kids (and parents) that we start on time and as importantly – end on time.

All we have, in whatever profession, are time and expertise. Time and expertise are our currencies; not respecting either is inexcusable.

We all have lives and schedules to keep. Why not show respect for others?

Keeping Up With West Main – Another Hotel Coming

Just a few years ago, West Main Street was the way you got from UVA to Downtown Charlottesville. Now, it’s Mid-Town. And it’s booming.

Sean Tubbs reports that yet another project – this time a high-end hotel – is being proposed for West Main Street.  The prospective developers, Carr Hospitality, have in their portfolio Embassy Suites, Crowne Plaza, Holiday Inn & Suites and the Willard Intercontinental in DC.

Keeping up with West Main is nearly a full-time job (thanks, Charlottesville Tomorrow!)

So what? West Main is becoming more of an economic force in Charlottesville, adding stuff – new restaurants, new hotels, new apartments … new traffic. I suspect that this density and coming congestion will have at least two effects on the Charlottesville real estate market – 1) more will want to live close to this stuff, and I’d wager many of these will be renters of apartments rather than homeowners and 2) more will want to live away from this density and congestion.

Turns out, I’ve done a couple videos of West Main, and I thought it would be interesting to look back at a few of them:

(Click here to read the entire post)