Efficient Frontier
Is there a housing bubble? Why are homes in some cities outrageously expensive, while those in other cities easily affordable? In attempting to answer these questions, I found that a simple and intuitive model of the housing market does a remarkably accurate job of predicting median prices. This model allows us to think more clearly about the state of today?s residential markets.
The Onion (some bad language here)
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Jim Duncan has been helping buyers and sellers in Charlottesville’s neighborhoods for 25 years. Get local insight born of experience.
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A Charlottesville e-bike Success Story
I have an e-bike. I love my e-bike. I ride it to meetings all over the City of Charlottesville instead of driving my car. e-bikes are great. A friend got an e-bike. He loves his e-bike. He has a different perspective, and I asked him…
e-bikes are good
"I want to get an e-bike." The mobility just seems incredible." And it is. A friend made that comment recently on one of my Strava e-bike commuting rides. It's possible to ride an e-bike around Charlottesville and the immediate urban ring of Albemarle County. Mostly…
When Will Homes Come on the Market in Charlottesville and Albemarle in 2026?
When will homes come on the market in Charlottesville and Albemarle in 2026? The Charlottesville real estate cycle has bee fairly consistent over the years. In 2023, I wrote a similar story to this one. The biggest two changes between 2023 and 2026* are: interest…
Developers Have Long-Term Vision
Developers think and plan long-term. Generally. An example. Many years ago, I represented sellers of a piece up land up 29 North. It was a relatively small piece of land, and we received an offer pretty quickly for asking price. About twenty years later, all…