Nest’s 2015 Mid-Year Market Report
Download the Charlottesville Mid-Year Report; ask questions, get educated. In this report, we cover the City of Charlottesville (sales are up, days on market down), Albemarle County (same), Greene, Nelson, Louisa and Fluvanna. We're seeing mostly positive trends across the board. Broadly, we're looking at continued signs of…
Low Housing Inventory Continues in Charlottesville and Albemarle
If you look solely at the numbers, it looks like housing inventory is up. Not so. I've been thinking for months that we'd be seeing more housing inventory on the market by now. It's not yet here. Comparing the first 9 days of February of…
April 2012 Charlottesville Real Estate Market Report
Highlights: - Days on Market (an inherently flawed data point, yet still relevant trend) are down in Charlottesville, Albemarle and Fluvanna. - Average Sales prices are down (not surprising) - Total sales across the MSA are down (not surprising) - Total inventory is down. (this…
Vacant Homes in Charlottesville MSA – 2012 Update
I've tracked the housing vacancy rate for homes actively on the market in the Charlottesville MSA irregularly over the past several years; it's an indicator as to the health of the housing market. More occupied homes = a healthier market. The last time I checked,…
Lake Anna Nuclear Plant set to Reopen Soon
The earthquake on 23 August of this year shut down the Lake Anna nuclear plant. And it's still offline. After a public hearing last night, NRC says start up "could be authorized as soon as next week." They can provide no specific date. #NorthAnna Tammy…
Housing numbers are down
And inventory is up. Rates are low. Home price appreciation is slowing. Inventory is up. Significantly. note: as soon as I figure out how to upload an image via coding, rather than depending on my normal program, I will. Regarding NAR's press release: They have…
Connected communities
As our region continues to grow, each area has its own perspective on how to handle growth - Why the focus on so many counties? Simple - they are all connected. The land-use decisions in Louisa will impact the real estate market in CharlAlbemarle -…
Local housing market review
The DP has two interesting articles David Hendrick provides a good analysis of the local market and its prospects for the upcoming year. Charlottesville is unique, for a variety of reasons. One of which is - "Charlottesville is a destination area," said Casey Dawkins, director…
Population increases (shocking!)
The Weldon Cooper Center has released a study showing population increases throughout the Commonwealth. The Thomas Jefferson Planning District (our region) has seen a fairly significant increase in its population - 7.5%. Albemarle has seen a provisional change of 7.4%. Charlottesville - (-.5%) Greene -…
Growth, politics and the market (morning reading)
Tom McCrystal has a nice post. Conserve energy. The NYTimes causes a stir this morning with a report on the housing market. Why does their story get so much buzz and press? Greene faces its future with their Board of Supervisors elections. Greene also moved…