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
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
Just a suggestion - if you’re considering buying a house in the Charlottesville area in the next 18 months, visit a Wegmans first. Apparently Wegmans is the best thing since sliced bread, and I’ve found that one of the primary triangles in my clients’ lives (work, home, grocery …) tends to Read More
Did you know - Google has a “leave now” option that integrates traffic? Pretty handy, I’d say.When leaving downtown Crozet for the National Ground Intelligence Center up 29 North:But at rush hour, add about 5 minutes.
Without knowing, I’ll chalk this up to the Read More
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