Charlottesville’s Real Estate Blog since 2005.

Clear, Honest Market Analysis. For People, Not Realtors.

Month: February 2008

ALBEMARLE

Sunlight, water, growth and credible appraisals

Generally I try to do only one "links" story a week, but this week has seen several stories come to light that are of critical importance to ... basically everyone. Growth and Development update with Brian Wheeler - learn more about Bundoran Farm, the Water…

BLOGGING

A little competition is healthy

And the prizes can't be beat. Those prizes being a firm handshake, a pat on the back perhaps and the ever-lasting glory that comes from winning a Blog Brawl. For those of you reading who have 30 seconds to spare, I'd appreciate your submission at…

NELSON

Fiber in Nelson County?

This would expand the market for people looking to live in an area as remarkably beautiful as Nelson, but be able to to telecommute.

ALBEMARLE

Pulled from the comments – national data’s local impact

Thanks to Larry for the comment: Local buyers are aware of the national trend, and are acting accordingly. Local sellers are starting to get a clue, too: many have dropped their prices by 15-20%, which translates to 25K to 75K…and the houses STILL aren't moving.…

SELLERS

How not to sell your house

2 - Don't call the Realtor with qualified buyers back for nine hours. 3 - Don't allow the house to be shown until after 5pm. The above are two reasons that unrepresented sellers frequently have a harder time selling their properties. The reason is simple…

TECHNOLOGY

If they pass the Tipping Point

It may be over for Realtor.com. Is the Tipping Point 50%? 80%? I'd love to see this functionality for our local MLS. Google announces neighborhood refinements: Fortunately, finding the best places just became a lot easier with the addition of user ratings and neighborhood refinements…

GENERAL REAL ESTATE

Tuesday links 02-26-2008

Planes, trains and automobiles - Infrastructure as asset class ULI issues one last dire warning: “If driving continues to be the only practical transportation option in many metropolitan areas, no amount of infrastructure investment will be adequate.” Will we head the warning?UVA, Charlottesville and Albemarle…

MARKET STATISTICS

Delaying posting market data

Until the first week of March. It will be more useful to wait until the first quarter is in full swing before posting any further analysis, other than anecdotal evidence. Today's release of national real estate data shows that home sales are down nationally, and…

TRANSPORTATION

A great comment on mass transit in Central Virginia

In a discussion at Charlottesville Tomorrow: We still have a narrow window of opportunity to buy right-of-way for transit; use existing shoulders; use existing rails; even put BRT lanes on the Meadowcreek Pkwy. A good system will be multi-modal. If you can't walk to a…

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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.