These are a few Charlottesville development stories on my radar that I will be referencing for the next few days and weeks in conversations with clients: Talks resume in downtown garage dispute "Neither side appears willing to relent its hold in the public-private ownership of the Water Street Parking Garage, but new high-scale developments — such as the Charlottesville Technology Center, West2nd and the Dewberry Charlottesville hotel — are likely to affect property values and parking supply downtown." Planned construction … [Read more...]
April Note | Market, Stories, Day One, Fever
Market, Stories, Day One, Fever ... a few keywords to pique your interest in this month's note. Interested? Subscribe here, and join the dozens who read every month. Looking at the current state of the Charlottesville area real estate market Stories I tell at first showings Day One Feverish bike riding Blog roundup from last month. I've been writing on this blog quite a bit less, and focusing on the monthly note more. What I'm reading The bananas I eat a fair amount of bananas. When you leave them in a car, under the … [Read more...]
Nest Realty’s 1st Quarter 2018 Market Report
More to come, but short takeaway is what I've been saying here, and to clients is this. Some pockets of the Charlottesville - Albemarle real estate market are smoking hot, others are not. Your market will vary. I'm going to update this post, but wanted to get this out. Download here Charlottesville Q1 2018 Market Report … [Read more...]
Buyer Letters to Sellers … Pros & Cons
Years ago ... in the boomtime, I was representing a seller, and we received several offers on his property. One of the buyers came into my office to drop off the offer (pre-electronic signatures, mind you), and the exchange went something like this: She said, Oh, this is X's property? I know him! Tell him I'm the secretary at this office. I see him all the time! I told him, and he said something to the effect ... Oh, she's the buyer? I can't stand her. And he proceeded to take an offer about $3K less* Moral of the story: sometimes … [Read more...]
Describing Life in Charlottesville & Crozet to a Friend – Part 1
A friend is trying to convince a friend to move to the Crozet or Charlottesville area; he shared with me his argument to his friend, advocating for a move to Charlottesville. For all of our area's faults (all areas have them), Charlottesville is a fantastic place to live. Crozet and Charlottesville I can't win with price. So I won't try too hard. But heres why Crozet and Charlottesville are great - and some of these are going too be really silly reasons. Access to mountains and hiking are absolutely endless. Big huge … [Read more...]
March Note: Railroad & a Blog Post & Appraisals in a Vacuum
For some reason, spelling "vacuum" always confounds me. That said, this month I'm writing the word "vacuum" several times - each time correctly. Join the tens of people who read the note every month. Subscribe here. It's easy. Reminder: this note is for those not in the real estate industry. Really. The Railroad and the Blog Post The Charlottesville real estate market No Offer (in hand, yet) Appraisals in a vacuum Last month on RealCentralVA & RealCrozetVA What I'm reading Interestingly, this is a popular … [Read more...]
Who Are the Major Employers in Charlottesville?
Who are the major employers in Charlottesville? Asked another way, as was by a client, how do people afford buying houses in Charlottesville? I asked the Nest Charlottesville minds to help add to my list. UVA ecosystem - School, Medical School, Maintenance, etc Martha Jefferson Hospital NGIC/DIA CFA Institute Worldstrides WillowTree Apex Clean Energy State Farm Construction industry - residential & commercial S & P Global (neé SNL) GE Local government Educators in Charlottesville … [Read more...]
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