Yesterday (22 July 2015) was a fun conversation on Wendy Edward’s show on WINA (archived: 2024). If you’re curious, you can listen to it here (archived: 2015).
8 minutes goes by fast on the radio. (video, too)
Topics covered:
- Are we in a bubble?
- What’s the Charlottesville area market doing now?
- Bidding wars – common in Charlottesville? (we aren’t San Francisco)
- Low inventory in the Charlottesville – Albemarle market area (discussed in-depth in the 1st Half 2015 market report)
- National existing home sales data (hint: they’re up).
- House prices (discussed in this month’s subscription-only monthly note as well)
- Underwater homeowners
- And some numbers – looking at single family home sales in Charlottesville + Albemarle for January – June from 2003 to 2015:

Interested in Learning More?
Jim Duncan has been helping buyers and sellers in Charlottesville’s neighborhoods for 25 years. Get local insight born of experience.
Dig Deeper
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…
Happy Homeownership Day (on a bicycle)
A good day starts with a bike ride. A better day starts with a bike ride to meet clients for a final walkthrough of their first home. Smile, happiness, projects to be undertaken, projects to be planned, lives to be lived. It's a good day.…