Tag Archives: Charlottesville realtor
Thanks to Coy Barefoot for having me on his excellent Charlottesville - Right Now! show this afternoon. I tried to provide clear, quick analysis of the good, bad and possibly ugly in the Charlottesville real estate market - positivity framed with market realities and some context. Listen to the podcast below. Describing "where we are" in the Charlottesville real estate market is extremely difficult to accomplish in a short period 0f time; luckily there's the 1st Quarter Nest Report for more in depth insight. I think this tweet best describes today's real estate market:
18 homes closed in CharlAlbemarle last week; Days on Market ranged from 0 to 863. $/sq ft from $89 to $227.As always, questions welcomed.
Read it, download it, critique it. I'll be posting a direct link to the PDF later today. Nest Realty's Nest Report is out - a comprehensive look at "where we are" right now in the Charlottesville real estate market. Click through to download the report. .
I keep my promises . Should I take my home in Charlottesville off the market over the holidays? Maybe. It depends.
That question is one of the many reasons that I choose to use Buyer Broker agreements with my buyer clients . (and why ending cooperative compensation would be a boon to the real estate world ). 1 - The Seller and the Sellers' Realtor are going to do whatever they can (legally and ethically) to induce a buyer to look at the house ... and hopefully buy it. ...(this argument becomes much harder when the seller has no or negative equity) - "It's none of the Buyer's business how much I'm being paid!" (as argued by the Buyer's Agent who ostensibly is seeking to "represent" said buyer) Look, I'm not begrudging Realtors earning livings what I do encourage is for buyers to be aware of what may be going on behind the scenes.
I'll be discussing the state of the Charlottesville real estate market this weekend on WNRN . The following are some of the stories I was (re)reading earlier this week to prep for the show. ... Vacant Homes for Sale in Charlottesville and Albemarle – June 2010 ... http://www.housingwatch.com/2010/06/18/lenders-chase-borrowers-for-money-lost-in-foreclosures/