What's the process and timeline for buying a home in Charlottesville? This is a rough guide that incorporates some of the steps. * Meet the Realtor (really, start here. Also, I am one.) Define your criteria (my survey is a good place to start) Prequalify with a good local lender Look at homes Refine your criteria Look at some more houses Make the offer. Negotiate Contract Inspection Negotiate Settle inspection Lender stuff has been ongoing; ramps up now Loan commitment Quiet period … [Read more...]
Testimonials Matter
I despise self-promotion. But, the Nest team make it easier to do so, so I did a four-part series on Instagram with some of my clients' testimonials. This is the part where I say ... if you have a question about the Charlottesville real estate market, call or email me anytime. 434-242-7140 I'm embedding below only one of the four because I don't trust that Instagram will be here as long as my blog will be. … [Read more...]
Monday Morning Reads | Smart Homes, Crash Coming? NIMBYs
A few stories to get your (and my) week started. Crash Coming? The Charlottesville Pride Festival this past weekend was a lot of fun. 10 years after Lehman, is another crisis brewing? Household Estimates Conundrum Alive and Well The Financial Crisis at 10: Will We Ever Recover? Our estimates suggest that the economy is unlikely to regain this large output loss and GDP is unlikely to revert to its previous trend level. Financial market disruptions can have large costs in terms of societal welfare by causing … [Read more...]
RealPodVA – Simpsons, Voting, Getting Fired
If you've not been listening to RealPodVA, I get it. But I'd also ask you to take a few minutes to lend us an ear. Subscribe here. Recent Pods The one where the crew is stoked to vote, and 9-11 Remembrance Hurricane Prep for Florence The one where Jim gets fired Most recent show notes The Simpsons' Realty Bites Check your voting location Monthly note https://www.youtube.com/playlist?list=PLb_C5vA9Toxr1fPeZU6LrsEcIP4_VtyWC … [Read more...]
Radon Testing and Storms
Be mindful when doing radon tests. I got the following email from Robert Foster of Trebor Home Inspections, and am posting with his permission. The Virginia Radon Coordinator sent out the following As hurricane Florence bears down on the mid-Atlantic region, this message serves as a reminder that you should NOT conduct short term radon testing during major storm events. Several hours of abnormally low atmospheric pressure, high sustained winds and heavy precipitation can all cause abnormally high indoor radon levels. For that reason it is … [Read more...]
September 2018 Note: Garages, The Market, Coloring
First draft of September's note is complete. It's rough, but it's going to come together. About 60% of readers open the note every month ... me, my mom, a client or two ... if you're interested, please subscribe here. Another month, another note. This month An integral part of clients' lives. Part 2. (part 1 was last month) Maybe a market update. Ok, probably. I'm curious about the data. Shapes. And maps. Garages and street activation Recap from RealCentralVA & RealCrozetVA A few stories I'm reading … [Read more...]
Vacant Homes for Sale in the Charlottesville Area – 2018 edition
Update 10 September Looking at the 2017 market (a very active market) for some context: In Charlottesville + Albemarle, 2,379 homes sold via the MLS. 485 of those were new construction 1,894 were resales 737 of the 1,894 - 39% - were marked as vacant. Now I'm more curious - was the vacancy rate so high because sellers were so confident that they could sell? No answers yet, but curious. Funny thing about practicing real estate, and writing about it, for so long ... some stories become … [Read more...]
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