Charlottesville’s Real Estate Blog since 2005.

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

Month: April 2015

More Houses Coming to 29 North

GENERAL REAL ESTATE

More Houses Coming to 29 North

Here's the map from above, if you're interested. 29 North is soon to get more houses.* 29 North will continue to be either one of the first areas ruled into the search by my buyer clients or the first to be ruled out. Note -…

GENERAL REAL ESTATE

Has Tesla made the Atlantic Coast Pipeline Obsolete?

With the forthcoming Tesla home battery, is the proposed Dominion Power Atlantic Coast pipeline through Nelson County (and obviously other localities) obsolete before it's a reality? Tesla (Tesla Motors, Space X, Hyperloop, and God knows what else) is apparently going to launch a battery for…

People Keep Saying Charlottesville is a Happy Place to Live

GENERAL REAL ESTATE

People Keep Saying Charlottesville is a Happy Place to Live

  Last year, Good Housekeeping said that Charlottesville was a happy place to live. This year, Harvard researchers have noted that Charlottesville is the "happiest city" in which to live. The Roanoke Times noted: The survey questioned people across the country about how happy and content they were…

BUYERS

Some Good Questions Buyers Should be Asking

A few weeks ago I wrote about the Questions Buyers Should be Asking.This year, Reddit provides another great discussion that should be required reading for buyers - What is something you wish you’d checked before buying a property?I’m glad to see one of the suggestions…

ALBEMARLE

1st Quarter 2015 Nest Report

  Nest’s 1st Quarter Market Report is out; download it here. A few highlights - Total sales in the MSA are down just a bit. I suspect due to the extended cold and snow. Contracts written are up - way up. 24% in the Charlottesville…

ALBEMARLE

Charlottesville & Albemarle Raising Taxes – 2015 Edition

Assessed values in the City of Charlottesville and County of Albemarle are up across the board and now the respective localities have voted to increase taxes - The City is raising is meals tax 1% and the County is raising the property tax rate from 79 cents to…

MONTHLY NOTES ARCHIVES

April 2015 Monthly Note

I’m planning to dig into the data a bit more than usual as we’ve just ended the first quarter of 2015 and there have been some interesting new trends and surprises. As the outline is developing, I’m sorting what to cut and what to write…

ALBEMARLE

One Reason Good Housing Inventory In Charlottesville is Low

Why is (good) inventory so low in the Charlottesville area?One reason that I have been providing to clients is this:Under-Equitied homeowners.The housing depression created a new underclass of homeowners who cannot sell or refinance for two reasons. Because they owe more on their homes than…

Checking Internet Connectivity before you Buy a Home

ALBEMARLE

Checking Internet Connectivity before you Buy a Home

Believe it or not, not everywhere in Charlottesville has hardwired, broadband internet available. Wouldn't be great if "maximum download/upload speed" was a searchable field in the MLS?  My clients - like 98.64% of my clients - require broadband internet. Broadband internet, for this story, and…

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