The CNBC curse?
Last year CNBC did a story on the "million dollar home" market in Charlottesville (actually Albemarle County, or "CharlAlbemarle"), and specifically referenced this house in Western Albemarle (bad link). The property has now dropped from its original asking price of $1.19 million; the current asking…
Proffers, impact fees, market update, pricing land and more
Yesterday's show on WINA was a lot of fun, and I'm grateful for the opportunity. Thank you, Coy. There are few better motivators than fear of sounding unprepared and unintelligent - due to the last-minute call from Coy, I am now very up to date…
Growth and building data for Albemarle County
Charlottesville Tomorrow has put together a great report on the building permits for Albemarle County in 2007. Albemarle County's Building Report tracks the location of these permits in the rural areas vs. the designated growth areas [see chart]. In 2007, 24.3% of all building permits…
Albemarle County property assessments are out
I guess the claim that they didn't want to release them until the homeowners got them wasn't entirely genuine. Everything's politics; everything has spin. Witness today's Daily Progress article; getting ahead of the curve is valuable. The average reassessment increases or decreases, by magisterial district,…
UVA Match Day is March 20 2008
And what will be the impact this year? What exactly is Match Day? I like this description from last year. Match Day is when 4th year medical students find out which residency program they matched with. Next year (actually this year - 2007), that day…
Albemarle County assessments are being mailed Friday
They won't release the 2008 assessments over the phone (anymore) as they want to notify the homeowners by mail first. The Albemarle County real estate assessor's site will be updated next week. I predict there will be (and should be) substantial outrage and controversy next…
Showing in Waynesboro
I've spent the past few days immersed in the Waynesboro, Virginia real estate market; the differences between it and the Charlottesville market are frequently striking. It's not an apple-to-apples comparison, but ... In Charlottesville/Albemarle, using the Charlottesville MLS, there are currently 1181 residential properties on…
Recap of Sunday’s show on Charlottesville real estate and economy
The radio show on Sunday was fairly far-reaching and we gratefull had several callers. My favorite was the one who left the message that said, "thank your guests for the intelligent conversation." Whoever you are, I'd like to buy you a cup of coffee, thankyouverymuch…
One of the differences between Albemarle and Greene Counties
I almost titled this post, "ARB? We don't need no stinkin' ARB!" But thought better of it. Albemarle County has an Architectural Review Board that micromanages minutiae. Greene County does not. Both Wal-Mart and Lowe's said they will begin building their new stores there in…
A bigger Charlottesville airport
(Photo courtesy of) The Charlottesville/Albemarle airport might be expanding. There are currently 5 gates, and it is an extraordinarily convenient airport when everything works. However, more often than not, things don't work. Pickering said he believes people who fly out of Charlottesville are more willing…