Quick Housing Conversation on WINA – 22 July 2015

Yesterday (22 July 2015) was a fun conversation on Wendy Edward’s show on WINA. If you’re curious, you can listen to it here.

8 minutes goes by fast on the radio. (video, too)

Topics covered:

  1. Are we in a bubble?
  2. What’s the Charlottesville area market doing now?
  3. Bidding wars – common in Charlottesville? (we aren’t San Francisco)
  4. Low inventory in the Charlottesville – Albemarle market area (discussed in-depth in the 1st Half 2015 market report)
  5. National existing home sales data (hint: they’re up).
  6. House prices (discussed in this month’s subscription-only monthly note as well)
  7. Underwater homeowners
  8. And some numbers – looking at single family home sales in Charlottesville + Albemarle for January – June from 2003 to 2015:
Single family home sales in Charlottesville + Albemarle - Jan-Jun
Single family home sales in Charlottesville + Albemarle – Jan-Jun
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