I'm not going to get to all of the topics below, but I'm going to try, and still keep the note around 1,500 words. Buffalo ? NYC - (continuation of my occasional storytime series) Charlottesville area real estate market update (likely a short synopsis of the Nest Report) Data and Fair Housing - touching on algorithmic discrimination Smart Cville; a cool group with which I've been working Maybe touch on Nazis and how/why I'm advocating supporting the plaintiffs in the suit against the Nazis who came to Charlottesville. Walled … [Read more...]
Prices Up, Sales Up & Down, Velocity (mostly) Continues in 3rd Quarter 2017
https://twitter.com/JimDuncan/status/918477160775548928 Download the 3rd Quarter Nest Realty Market Report here, then ask questions. Short takeaways Across the Charlottesville area market, quality inventory is low. Prices are mostly up New construction is doing exceptionally well (nearly 25% of the market), in the face of skyrocketing supply costs, and labor shortages. If you're thinking about buying or selling in Spring 2018, best start preparations now. (I can help). Sales and contract volumes in … [Read more...]
Crozet Real Estate Market Update – 3rd Quarter 2017
https://youtu.be/-oVYus8D9Ss Transcript David: Hey, I'm David Ferrall, Real Estate Broker at Nest Realty. Jim: Jim Duncan, Broker at Nest Realty. David: We're sitting here at the beautiful rooftop, top of Piedmont place in Crozet. We're here to talk about real estate in the 3rd quarter of 2017. Strong figures, Jim. Sales were up from 105 from 76 last year, up 38%. Year to date, we're at 264 sales in the area, up from 216. Jim: Interestingly, of that 105 that sold in Crozet, 35 of those were new construction. Median price of … [Read more...]
Buyer Questions: New Developments in Charlottesville and Albemarle?
One day, sooner than one might think, Artificial Intelligence is likely to be able to do the following. For now the best thing for buyers new to the Charlottesville area is an agent who actively listens to clients' questions, reads body language, and has a strong and deep knowledge about the Charlottesville - Albemarle area, the Charlottesville real estate market, economic development matters, and everything else that goes into life/moving/real estate. What follows are pieces of emails I have sent to recent buyer clients, after our initial … [Read more...]
How Many Homes will Come on the Market in Albemarle County that Fit You?
A lot of homes will come on the market in 2017 in Albemarle, but how many will fit you? Charlottesville and Albemarle, while often thought to be the same place, are in fact different - often wildly different - localities. Different boundaries, schools, police, fire, government, budgets ... Q: When should a buyer start the "I'm serious about buying a home next year" conversation? A: As early as possible. (same advice goes for Charlottesville area sellers) Walk through this seemingly-common homebuying … [Read more...]
How Many Homes will Come on the Market in Charlottesville that Fit You?
Q: When should a buyer start the "I'm serious about buying a home in Charlottesville next year" conversation? A: As early as possible. (same advice goes for Charlottesville area sellers) Walk through this homebuying scenario with me In 2016 442 homes sold in the City of Charlottesville via the Charlottesville MLS 371 with at least 3 bedrooms 313 with at least 2 bathrooms 244 with at least 1,700 finished square feet 149 with at least 1,700 finished square feet above grade (as in, not including finished basement … [Read more...]
Charlottesville Transportation + Albemarle Transportation = ?
People who drive from Charlottesville to Albemarle, and vice-versa. Same with people on bicycles, and pedestrians. Why don't Charlottesville & Albemarle work together (with the University of Virginia, too)? Finally, they might.* From Charlottesville Tomorrow The Albemarle Board of Supervisors and the Charlottesville City Council have agreed to enter into a formal partnership to help improve bus service in the region. “This is a partnership that is advisory,” said Chip Boyles, the executive director of the Thomas Jefferson … [Read more...]
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