- Houses are selling
- Houses closer to stuff seem to be going under contract more swiftly Read More
The market is turning. And I'll be writing about this in depth in the coming monthly note (subscribe here). Your micro-market matters more than top-level reports. That said, I think the Charlottesville area real estate market is turning.
- Sellers - take note; price and prepare accordingly, with great advice.
- Buyers - be aware, and choose wisely, with great representation.
- Assessments are up, again. They've been going up for about a decade.
- Read this for more context on market value & assessments.
- Real estate assessments do not necessarily equate market value
- Increasing assessments are financially painful for a lot of people.
- Great discussion thread at Read More
Two big Albemarle County news items with respect to the use of the land, and local human settlement patterns, trails and traffic. Albemarle County’s blueprint for a walkable, urban destination at the Rio Road and U.S. 29 intersection has been approved. This is going to massively change the nature of Rio and 29, and if the vision comes to fruition, I suspect many residents will 1) stay closer to Rio/29 for the things they need and/or 2) Never need to go Read More
Get ready for scooters, Charlottesville. Because they are coming. For some reason, I can imagine a gaggle of scooters heading into Woolen Mills. What are they? To my eye, they are souped-up motorized versions of those razor scooters kids ride. But really. Scooters have become enormously popular, and we're going to see them on Charlottesville city streets soon. Might as well accept them, and seek to leverage them to try to reduce car traffic, and encourage more walking to scooters rather than driving. And maybe even more walking to Read More