A few things on my radar this Monday morning …
Gasoline Prices up over 50 Cents per Gallon since December – This matters, and my clients are starting to talk about gas prices again, much earlier in the conversation about what they want/where they want to live.
Housing: What if inventory keeps falling? – inventory in some market segments in Charlottesville is frighteningly low – bidding wars, offers in days and hours rather than weeks and months, while the other extreme has foreclosures, short sales, months of inventory (I showed a home this weekend that’s been on the market for 1800 days, and another 6000 square foot foreclosure).
Why Sequestration Will Hit Housing on Several Fronts – the rumors at DIA and NGIC are swirling; this is just the sort of uncertainty the Charlottesville real estate market doesn’t need. At all.
Homeowners Rise Above Water on Mortgages – More sellers are able to sell, but we’ve still got a long way to go before things are stable across the board.
They Bailed On Their Homes – Now They Want Back In – We knew this was coming. Strategic defaulting looks like it was a smart move for some …
When they Came for the Raw Milk Drinkers …
Why Obama Refuses to Kill the Sequester – I don’t care who does what; I resent being a pawn whilst the politicians “play politics”.
First-time buyers aren’t contributing much to rebound in housing markets – read: Student loans.
Interested in Learning More?
I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
Dig Deeper
Always Read Covenants and Restrictions
You never know what you're going to find when you dig into Covenants and Restrictions. "1. No shop, store, trailer, temporary living structure, factory, hospital, asylum, institution, tourist home or business house of any kind, and no apartment house shall be erected or maintained on…
Revisiting the “0 to 5 Buyer is Gone” Post – 15 years later
Revisiting the “0-5 Buyer Is Gone” Theory We’re in a different market now. Some of the people who bought between 2021 and 2024 are trying to sell — and the ones who bought new construction, now competing against new construction, are having a hard time.…
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…
Flipping the Switch, Part 3: ADUs, Zoning, and the Practical Guide
Flipping the Switch, Part 3: ADUs, Zoning, and the Practical Guide Part 1 covered the data. Part 2 covered the design. This week: the regulatory landscape, the ADU reality check, and the practical checklist. The ADU Conversation Has Changed When I wrote about this in…