Numbers, while they don’t necessarily lie, don’t always tell the full story. As I’ve said for years – your micro-market matters. Your neighborhood matters. This neighborhood could be within 1/10th of a mile of that neighborhood, but in the higher level analyses, look very similar.
Download these market reports, and then … ask questions.
- Keswick-East July 2017 Hotsheet
- Ivy July 2017 Hotsheet
- Earlysville July 2017 Hotsheet
- Barracks July 2017 Hotsheet
- Orange July 2017 Hotsheet
- Louisa July 2017 Hotsheet
- Madison July 2017 Hotsheet
- Nelson July 2017 Hotsheet
- Greene July 2017 Hotsheet
- Fluvanna July 2017 Hotsheet
- Rio July 2017 Hotsheet
- Southside July 2017 Hotsheet
- 29 North July 2017 Hotsheet
- Crozet July 2017 Hotsheet
- Albemarle July 2017 Hotsheet
- City of Charlottesville July 2017
Related NBC29 story (archived: 2017).
Somewhat related story from Reuters
New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.
Coming on the heels of data this month showing a tumble in home building and permits in July, the weak sales pace suggests that housing could remain a drag on economic growth in the third quarter.
“The third-quarter sales data are starting out significantly below the second-quarter average, and many other housing reports have also shown some recent weakening in their respective trends,” said Daniel Silver, an economist at JPMorgan in New York. “Today’s report strengthens our conviction that real residential investment will decline in the third quarter.”
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I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
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