November 2015’s Monthly Note – The Market, 2016 Buyers & Sellers, Demographics

I’m hoping to have the note sent out this weekend; it should be a good one.

Jim Duncan's November's Monthly Note Outline
November’s Monthly Note Outline

One email a month. Usually less than 1,500 words. Track the Charlottesville real estate market and other tangential insights and stories that you won’t find anywhere else — two clicks here and it’s all yours.

A few things for this month –

  • Charlottesville real estate market update; I’m going to look at a 3 month total instead of only the one.
  • Offer some tips & insight for 2016’s buyers and sellers
  • Look briefly at marketing to different demographics and their one commonality.
  • Round up the best stories from October on RealCentralVA and RealCrozetVA
  • Quick look at some of the stories that I’m reading.
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  1. RobE November 19, 2015 at 07:00

    In response to your November note: “Growing home sizes is frustrating. Bigger isn’t always better.”
    I agree, but having a larger home that accommodates 30+ friends for a “Friendsgiving” party makes the extra square footage worth it! Plus, with more energy efficient homes, utility bills are shrinking which makes heating/cooling/electrical bills much more affordable. My newer energy efficient home uses less energy than a Town home I rented waiting for my house to be built that was half the size.

    1. Jim Duncan November 19, 2015 at 07:08

      First- thanks for reading!

      True, but larger home sizes push prices as well, use more resources to deliver, build, etc. And allow for the propagation of the seemingly-American propensity to accumulate stuff. Stuff that we really don’t need/want/etc.

      I think buying a larger home (respectfully 🙂 ) for a once or twice a year event is like buying an Expedition because you’re going to the beach next summer.

      But utility bills – absolutely.

      1. RobE November 19, 2015 at 07:16

        Believe me, it is hard to resist the urge to fill the space with stuff! We frequently have friends and family visit and they have the entire bottom floor to themselves. Saves them lodging costs when they visit.

        Funny you mention “Expedition”! I own an Expedition EL also! Love the fact that gas prices have fallen!

        1. Jim Duncan November 20, 2015 at 05:28

          Ha. I’m calling myself prescient. 🙂


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