Real Estate Assessments in the Charlottesville area – Still Declining?
Real estate assessments matter to market value insofar as they impact the psychological perception of value.Do Real Estate Assessments Matter? What do real estate assessments mean? From a visitor: … tidbit of info. - Nelson Co. assesses real estate every 5 years. I just received…
Case Shiller’s Perspective on the Charlottesville Real Estate Market
Case Shiller's Perspective on the Charlottesville real estate market summed up in one phrase: it doesn't exist. Today I'll I touch on: - Case Shiller - Core Logic - Charlottesville MLS/analysis on RealCentralVA - Fiserv/CNN Context matters. Case Shiller doesn't track the Charlottesville real estate…
Blue Mountain Brewery is Growing
Good beer is hard to find sometimes; luckily the Charlottesville area is blessed with plenty of good beer. Starr Hill in Crozet, Devil's Backbone in Nellysford, Blue Mountain Brewery in Afton (which is a mere 12 minutes from my house) ... today brings the announcement…
Higher Loan Limits for the Charlottesville MSA
Guest post from Matt Hodges with Compass Home Loans: Every year in mid-late November, conforming loan limits are set for the next year. This year, our government gave us a bit of a surprise on the Freddie/Fannie limits and a very nice surprise on the…
Charlottesville market report coming Monday
While I had planned to release the market report for the Charlottesville market today, I have noticed that even properties that closed ten days ago have not yet been closed in the MLS. In an attempt to provide the most accurate data, I'm going to…
Fiber in Nelson County?
This would expand the market for people looking to live in an area as remarkably beautiful as Nelson, but be able to to telecommute.
Charlottesville area listing inventory numbers
Between the first of January 2006 to the 8th of January 2006, 225 properties were listed. For that same timeframe for this year, 132 residential properties have been listed.* There were 23 price changes in this timeframe in 2006 versus 60 price changes in 2007.…
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 -…
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 -…