• Home
  • Buying?
  • Selling?
  • Archives
  • Contact Jim
  • About Jim

RealCentralVA.com

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

You are here: Home / Buyers / Heated market leads to sudden decisions

Heated market leads to sudden decisions

I heard the end of an interesting story on NPR this morning discussing the over-heated real estate markets nationwide.  One couple was recalling how they had to decide to make an offer on a house within 30 minutes of visiting the house once and then had to offer tens of thousands of dollars over the asking price, all while waiving the home inspection. This for a purchase of hundreds of thousands of dollars.Contrast this with purchasing a digital camera. When the subjects of the story bought their camera, they went through a similar process as I did. I researched diligently, compared Consumer Reports, checked online and at local stores for prices and so on. Purchasing a home, in a perfect world, would allow for a much more diligent process. Unfortunately, that is not the case.

Share this:

  • Email
  • Facebook
  • Twitter
  • Pocket
  • Pinterest
  • Print

February 17, 2005

Trackbacks

  1. The 2005 Real Estate Market is Back. In Some Places - RealCentralVA.com says:
    April 20, 2016 at 11:21

    […] I wrote in 2005: […]

  2. First 17 Days of the Charlottesville Real Estate Market - RealCentralVA.com says:
    January 19, 2018 at 10:03

    […] I wrote in 2005: […]

  3. Charlottesville Market, City Council, Self-Care, Pivideo | Monthly Note Archives - RealCentralVA.com says:
    February 20, 2018 at 11:02

    […] I wrote in 2005: […]

Learn the market, Read Great Stories

Daily updates too much? One email a month? Yes please!

(I'll never spam you)

About Jim Duncan

I am a Realtor/Broker/Partner with Nest Realty in Charlottesville, Virginia. The goal of this site/blog remains unchanged in the nearly 10 years since its founding – to provide clear, coherent and unbiased analysis of the Charlottesville area real estate market.

Learn More

My goal

I help my clients make the best possible real estate decisions.

Looking for something? Find it!

Load More...Follow on Instagram

Resources

  • Ask Jim
  • Buying a Home
  • Selling a Home

Email Updates in Your Inbox

We respect your email privacy

This work by Jim Duncan is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.

Top Posts & Pages

  • Checking Internet Connectivity before you Buy a Home
  • Dominion Power's Water Line Replacement Program - What is It?
  • Charlottesville City Schools or Albemarle County Schools?
  • Builder's Bankrupt - What about the Warranty?
  • A few of My Favorite Hikes around Charlottesville
  • Dr. Seuss and Charlottesville - What’s the Connection?
  • February 2019 Note | Market, Instagram, Yoga
  • Goodbye, Charlottesville Ice Park
  • End of 2018 Charlottesville Area Market Report

Copyright © 2019 · RealCentralVA

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.