If you’re thinking about buying or selling in the Charlottesville area or curious or interested in the Charlottesville (and regional/national) real estate market, you might find some value in listening to this Sunday’s WNRN Wake-Up Call (archived: 2019).
Matt Hodges and I will discuss the current state of the Charlottesville area real estate market, mortgages, tips for buyers and sellers, etc. We’ve done this every year for the past six years and every year each time has produced conversations. If you’re interested in us talking about something specific, please leave a comment or let me know.
Matt’s initial notes of stuff to talk about:
– Ability-to-Repay and Qualified Mortgages
– Recent Bureau of Labor Statistics payroll releases, 2/6 release and what it means to borrowers out there + Federal Reserves tapering decision and what it means
– Predicted increases in rates to 5 – 5.5% and how that affects ability to purchase vis a vis today’s rates
My initial notes of stuff to talk about:
– Brief market update
– How new mortgage laws may impact buyers’ and sellers’ decisions
– Current massive growth and density in the City of Charlottesville
– What buyers should be doing right now who are planning to buy this year
– What sellers should be doing right now who are planning/hoping to sell this year
– Inventory levels in the Charlottesville MSA
We’ve done this a few times before; if you’re interested:
– 2013
– 2012
– 2011
– 2010
– 2009
– 2008
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
Thoughts on 2026 Albemarle County Assessments
Albemarle County assessments increased again in 2026. Want to challenge your assessment? Here's the form. Curious about FAQs about Albemarle County assessments, here's the FAQ. Think your assessment is too high or too low? Ask me; I'm happy to give a quick thought or two.…
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…
Who Knew HOAs Could be Progressive? No Woodstoves?
No woodstoves in your neighborhood? Woodstoves. No woodstove (including free-standing and fireplace insert) shall be installed, maintained or used on any Lot. Read the HOA packages, folks. My clients found this when they read the HOA docs. There's often some interesting things in homeowner association…