Tag Archives: charlottesville real estate
Is This The New Normal in the Charlottesville Real Estate Market?
I’ve been wondering for a long time what the new normal in the Charlottesville* real estate market is going to look like over the next few years. Today’s is a post posing a question rather than positing an answer.
Prices aside, is this volume the “new normal” for the Charlottesville market?
What are the impacts on the market, the number of agents (answer: very little – the Charlottesville Area Realtor Association is poised to lose but a handful of Realtors next year, out of about 1,000, a relatively small percentage of whom are productive ), the number of productive Realtors, … Continue reading…
Charlottesville Real Estate Deal of the Day
It’s a foreclosure. In the City of Charlottesville. That probably needs a little bit of work. Its greatest negative may be that its square footage is beyond what most buyers are looking for. Continue reading
Proof that Price Matters
Now, Redfin provides statistical proof . 
Damn, it’s easy for me to say, “price your home right,” when I’m not the one faced with the life decisions that you or my clients are. But that’s what sellers in the Charlottesville area and virtually every other market in the country are facing – life decisions . … It’s easy to tell my clients “I know you bought for $400k, but if you want to sell and move on, you need to put your house on the market at $335k in order to 1) beat the competition and 2) be priced for the market” – two similar but different dynamics – but it’s much harder to act on this advice. … All I can do as a Realtor is advise my clients and potential clients of where the market is and how they fit into it. Continue reading
Is Inventory in Charlottesville’s Housing Market Really Increasing?
Ignore data prior to November 2009; there was a glitch.
The answer to the titled question: Yes. Inventory seems to be increasing. Realistically, (and I’ve said this many times before) we won’t know where we are today until we have the benefit of at least 18 months of hindsight.… Continue reading…
Vacant Homes for Sale in Charlottesville and Albemarle – June 2010
In January of this year, I looked at the number of vacant homes for sale in Charlottesville and Albemarle . … 2 – Sometimes the sellers are more negotiable, basing their asking prices on what the house is worth rather than what they need to make. As with all homes for sale, there is no rule, consistent percentage to offer under asking price, rhyme nor reason to sellers’ motivations to sell or price.
… Related Posts : Vacant homes in 2007 Vacant Homes (January 2007) Consistently Vacant Homes in Charlottesville (2008) Vacant Homes and Homeowner’s Insurance Raw Data : Continue reading
Charlottesville Real Estate Market – Tuesday Update
Have some charts with your coffee.… Continue reading…
My Clients’ New Home in Charlottesville
Thanks to Latitude 38, this is their new home in the City of Charlottesville : I’m always astounded when builders manage to actually fix the bajillion pieces together. I’m grateful to have wonderful clients who worked with a great builder to make this happen. Located on Mulberry Avenue near Cherry Avenue, another young family is moving in today and have plans to soon add a chicken coop and vegetable garden out back. … Note that there is a stream running through the front yard, so we built a bridge to access the house from the driveway. Continue reading
