Choosing the right home, neighborhood, part of Charlottesville or Albemarle area can be hard, time-consuming, and challenging. As I tell my clients, "you're making a decision that will affect the rest of your lives (and your kids' too, if you have them). My advice: take your time. So far this year, I have represented three or four buyers who started the search process between three and five years ago. Time and patience are key. For example I have clients who planned to move to the Charlottesville area from a larger, transient area to be in … [Read more...]
August Note: Values, Fair Housing, 2019 Prep
August's note is shaping up early. Interested? Join the dozens who subscribe to one pretty darn good email a month. This month Values Coming Soon and Fair Housing Agents. So Very Many Prepping for 2019 Charlottesville real estate market Communicating Blog Roundup Karma The Podcast, RealPodVA. … [Read more...]
As the Market Turns, Waiting Tables, and Bleach! | July 2018 Note
Archives of my subscription-only monthly notes. The blog is more searchable. Interested in not waiting a few months to read it? Learn more here. For these posts, I don’t do much formatting/changing as I’m more concerned about simply having the content here forever (because I own the blog, and I don’t own Tinyletter) Like this note? Please forward to a friend. Don't like/read it? Please, unsubscribe. … [Read more...]
Agent Boom. 2018 Edition
*Big thanks to DPOR for the data. I've written this story before. In 2005. What's with the agent population? I wrote something in my most recent monthly note about the state of the Charlottesville market that elicited this response from a friend/client: Thanks for the (monthly note) note. Interesting enough, I was at a networking function this afternoon and noticed that the number of realtors to other professions was 2:1. Maybe this has been happening for sometime, but I just noticed it today. My question is, what does one have … [Read more...]
RealPodVA – Market Updates, 3D Printed Homes
Another fun podcast with Bart and Dave. A short one, too - about 18 minutes. Topics Market updates, micro-markets, choosing the right lot when you buy, and considering resale 3D printed homes, how they are likely to change the real estate market, new construction, change new construction labor, piss off NIMBYs, and the amazing New Story charity. (and yes, I just donated a little bit) Macbooks vs Chromebooks https://www.youtube.com/watch?v=SvM7jFZGAec … [Read more...]
Is the Charlottesville Real Estate Market Turning?
Q: Is the Charlottesville Real Estate Market Turning? A: I don't know. Yet. I've been saying for months that a turn may be coming, and noted it in the July monthly note. And, I've been saying for years that I'll tell you in 18 months what today's market is actually doing. Hindsight is key; reading current indicators is critical. Housing Inventory Tracking "Watching existing home "for sale" inventory is very helpful. As an example, the increase in inventory in late 2005 helped me call the top for housing. ... … [Read more...]
Mid-2018 Crozet Real Estate Market Update
I live in Crozet; it's easy and natural to focus on that micro-market. https://youtu.be/jeVedaR0Ess The first half of 2018 is behind us, and we talked about resales vs new construction, home prices, where in Crozet homes are selling, what happened with home inventory over the past few years. Note that this is a longer video than typical; we covered a lot. Thanks to the Rooftop for letting us use their ... Rooftop. (Greg and I are getting accustomed to doing these videos together ... we will get better) Transcript … [Read more...]
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