The Most Succinct Example of Charlottesville Real Estate Market’s Meteoric Up and Down
February 2005: Asking Price - $345,000 Selling Price - $345,000 Days on Market - 119 April 2007: Asking Price - $399,000 Selling Price - $399,000 Days on Market - 13 March 2010: Initial Asking Price - $366,000 Current Selling Price - $299,999 Days on Market…
Charlottesville Short Sales and Listing Agents’ Responsibilities – Part 1
A question for Jim Duncan...regarding the possibility of a short sale, does the listing agent have any responsibility in determining if a listing could be REASONABLY be a short sale? Like asking the sellers about how much is owed on current liens, etc? If so,…
Twitter Week in Review
Extraordinary. My phone has Skype, all my IMs, email ... the need for a computer is diminishing. # Question: why don't sellers unplug their refrigerators? # I'd fix the sinkhole if I were the seller https://post.ly/Vv6z # Prepping for afternoon showings ... (@ Nest Real…
Not Much Building in Fluvanna County
Courtesy of the Free Enterprise Forum blog: Fluvanna officials recently released the annual Development Activity Report, which covers 2009. It highlights, in this case, the lack of development activity in Fluvanna over the past year. For example, residential building permits declined another 5 percent last…
Housing Sales Down in Charlottesville and Albemarle – February 2010
(click image for full-size version) See the uptick? It's right there! I was going to write this story on Friday, but with the news yesterday and today that, nationwide, home sales are at record lows, I thought today was more appropriate and timely. Also, writing…
More Bike Lanes in Charlottesville?
Update 25 March 2010: Charlottesville Tomorrow has an interesting story today - Planners propose commuter bike trail from Rivanna Station military base to downtown Charlottesville. Area planners are developing plans for a commuter bike trail to connect the heart of Charlottesville with northern Albemarle County,…
Building a Backyard Garden
How'd I spend my weekend? I showed a couple houses, dropped my blackberry in my coffee, negotiated an offer on one of my listings and built a raised-bed garden in my backyard. I've talked green for years, encouraging walkability when clients are making purchase decisions,…
Twitter Week in Review
It seems my blackberry has passed away due to being dropped in coffee. 20 hours in rice couldn't revive it. Anyone have coupons to best buy? # A long day of blackberry-less digging & building + invaluable help from my neighbor & my raised bed…
Friday Chart – Million Dollar Charlottesville Homes
Looking at the first 77 Days of the past six years ... Just in Albemarle County, these are the number of homes with asking prices over one million dollars that have gone under contract in the first 77 days: And a very basic list to…
It’s Match Day at UVA (and Everywhere Else)
I'm watching with interest to see how many incoming UVA Medical Residents choose to purchase ... Traditionally UVA Resident comprise a fairly significant portion of the Charlottesville and Albemarle real estate market - generally at least three bedrooms, two baths (usually) no more than 20…