The short answer is that Charlottesville real estate tends to hold value over time.
Fundamentals for the market are strong and most forecasts say that we are going to be in this sort of environment for the next 12 to 36 months.
Browsing Category General Real Estate
Real Estate Radio in 2022 with Matt and Jim
At the start of every year, Matt Hodges with Presidential Mortgage and I join Rick Moore for a quick hour talking about the Charlottesville real estate market. We’ve followed Rick to I think three different radio stations, and it’s always too short of a show.
Will Accept Offers …
The shifting Charlottesville real estate sellers’s market in Winter 2022. Will accept offers until …
Stepping Back into Video – January 2022
In 2021 in Charlottesville and Albemarle, 2,914 homes sold with an average of 30 days on the market, and an average price of $522,000. In 2020, those numbers were 2,503, 54 days on market, and the average price was $499,000.
So I’m trying something new and also going back to our roots for 2022. I did these years ago and I’m gonna start again. Weekly-ish video updates on what’s happening in the Charlottesville and Albemarle real estate market, talking about supply, demand, market insights, and thoughts about what’s happening in our market, and what’s likely to happen in 2022 and beyond.
Monthly Note Archives | December 2021 | Technology, lessons, two buyers and one house
Jim Duncan’s Monthly Note. Discussion about 2022 real estate market, technology, a couple lessons learned, two buyers and one house.
Two (New) Questions to Ask about Internet Service
Questions buyers should ask about internet connectivity about data caps and data usage.
Zillow Out of iBuying – This Means little to Charlottesville Real Estate Consumers
Zillow are out the home buying business, while their current Zestimates are often more accurate than ever. Sometimes, the Zestimates are completely wrong. Right now, the human algorithm is more accurate than Zestimates. But for...