There Is NO “National” Housing Market
I haven't done a Friday Chart in a while, but this struck me: This is a chart showing the inventory for Scripps Ranch in San Diego, courtesy of one of the best writers I know, Kris Berg. Contrast the above chart with the one for…
Question Everything – Especially Real Estate Reporting (Friday Chart)
“Last month the CAAR had about 2,900 homes on the market, only 95 of them sold." When I saw that number, my first thought was "What? That's awful. I need to double check that." From CAAR's page: Try as I might, I couldn't replicate these…
Friday Chart – Charlottesville MSA Real Estate Update – First 47 Days
I'm always trying to get a handle on what's happening in the Charlottesville real estate market**, and while anecdotal evidence is useful, data is mighty helpful as well. Showed two houses today. One - on market for 2 days w/ 2 offers. Other - on…
Friday Chart – Where are We *Right Now*?
For your review: The Nest Report for January 2011 (pdf) covering the Charlottesville Extended MSA (EMSA)* * EMSA = Charlottesville, Albemarle, Nelson, Louisa, Greene, Fluvanna (more…)
Friday Chart – Contracts in January
Might the Charlottesville real estate market be stabilizing? I'll let you know in 18 months. Looking at all residential properties in the Charlottesville MSA put under contract in the first 27 days of the year over the past ten years ...* Does 27 days lead to…
When Do Homes Come on the Market in Charlottesville?
"When Do Homes Come on the Market in Charlottesville?" is one of the most common questions I get. Using the data from 2010 for the Charlottesville MSA*, it's clear that homes come on the market in the early part of the year. A bit about…
When Do Houses Come on the Market in Charlottesville?
Coming next week - answers. - When do houses come on the market in Charlottesville? - Should I take my house off the market over the holidays? - When should I put it back on the market? - Are sellers more negotiable over the winter?…
Is This The New Normal in the Charlottesville Real Estate Market?
I've been wondering for a long time what the new normal in the Charlottesville* real estate market is going to look like over the next few years. Today's is a post posing a question rather than positing an answer. Prices aside, is this volume the…
Buying a Home in Charlottesville – Looking in the Winter
Fewer homes come on the market in the winter. Active supply is lessened, but shadow inventory remains. Be patient, be smart, be informed ... but if you find a house you love and you plan to stay for a while, why not consider buying? Days…
Friday Chart – Housing Bubble versus Higher Education Bubble
Where are the College Bubble Blogs? Why is the same amount of vitriol not conveyed upon higher education institutions? The Higher Education Bubble: It's About to Burst (more…)