RealCentralVA.com

Charlottesville's Real Estate Blog. Buyer &/or Seller Representation, Real Estate News

Ending 2018’s Charlottesville Real Estate Market, Looking at 2019

The Charlottesville real estate market showed signs of moderating (which is a good thing), driven by a few factors

  • Affordability continued to be a challenge for many buyers
  • Prices continued to rise.
    • While I think we're going to continue to see appreciation continue (broadly), 2019 may look and feel a bit different with some properties staying on the market longer (weeks and months vs days and weeks)
  • The "right" inventory remained a bit of a challenge for many buyers

Client Code of Conduct *or* My Commitment to My Client

Helping my clients make good decisions. That's my simple goal every day. That goal requires the right partnership. One of the most important things I do is to manage my clients' expectations, whether that's what to expect when they make a low offer on a house, or put forth an escalation clause in a multiple offer situation, choose to price the house higher (or lower) than I advise, or what to expect with respect to growth in Read More

Real Estate Market Shift – Tips for Buyers and Sellers in Charlottesville

The Charlottesville real estate market is shifting. We've been in a sellers' market for several years, and we're transitioning (broadly, all markets are micro-local) to a balanced/buyers market. For some buyers/sellers (and agents) this is going to be a shock to the system. Tips for Sellers

  1. Be patient
  2. Price your home accordingly to the market, and price it to sell. If you price high, hoping to get an offer Read More

Insight into Crozet’s Real Estate Market – Almost End of 2019

Originally posted at RealCrozetVA. Sales are slowing, inventory is creeping up, new construction is moving along, and we're seeing price moderations. Every micro-market is different. Each market within Charlottesville and Albemarle that I work has unique aspects.

  • Forest Lakes is affected by NGIC, UVA Research Park, Target, etc.
  • Redfields and Mill Creek by Wegmans, Alamo Drafthouse, Biscuit Run
    • Read More

Scooters in Charlottesville

Get ready for scooters, Charlottesville. Because they are coming. For some reason, I can imagine a gaggle of scooters heading into Woolen Mills. What are they? To my eye, they are souped-up motorized versions of those razor scooters kids ride. But really. Scooters have become enormously popular, and we're going to see them on Charlottesville city streets soon. Might as well accept them, and seek to leverage them to try to reduce car traffic, and encourage more walking to scooters rather than driving. And maybe even more walking to Read More