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February 2021 Charlottesville Area Market Update

in Market statistics on March 7, 2021 March 17, 2021

Apex Mass Timber Building in Downtown Charlottesville

The Charlottesville real estate market is ... bonkers. With a broad brush, most houses are moving quickly right now; the velocity of this market is unlike anything I, and every Realtor I talk to, have ever seen. I wrote more about the market in last month's note, and will be writing more about it in March's note. Please subscribe here if you're interested. This a...

Monthly Note Archives – February 2021

in Monthly Notes archives on March 5, 2021 March 3, 2021

The weather has been so icy and snowy that I have no outdoor riding pictures. And no one wants to see pictures from the trainer. The Charlottesville – Albemarle market in a nutshell. Keep in mind that this is for a large part of the market, and your micro market will vary. I showed three houses last weekend; those sellers received 8, 11, 8 offers…

Monthly Note Archives – January 2021

in Monthly Notes archives on March 3, 2021 March 3, 2021

Decision Tree – parallels with medical stuff and real estate transactions It’s one thing for a professional to know that things are going to be okay, that you’ve seen this before, that this thing that popped up is, while a concern, not wholly unexpected, and things are going to be ok. It’s another for the client to hear and feel and understand that things are…

Radio with Matt – Interest Rates, Inventory, Internet, COVID and Remote Work

in General Real Estate Shameless Self Promotion on February 21, 2021 March 7, 2021

Radio with Matt Hodges and Jim Duncan. ” Topics include: The effect of low interest rates on the real estate market and how broadband internet availability affects the value of your home.”

We talked about future of remote work, growth, local lenders, commercial real estate, and a whole lot more.

Charlottesville Area Home Sales Report – 2020 | Inventory Down. Contracts Up

in Market statistics on February 11, 2021 February 12, 2021

Putting this post and pdfs here for future reference; this report is looking to the past and not necessarily reflective of the real estate market in Charlottesville in Spring 2021. Dig into the PDFs below. Charlottesville Area 2020 Report Charlottesville Area 2020 Report - Greater Charlottesville Charlottesville Area 2020 Report - Albemarle County Charlottesville Area 2020 Report - Charlottesville City Charlottesville Area 2020 Report -...

How do we show houses in Charlottesville During Covid-19?

in General Real Estate on February 7, 2021 February 8, 2021

Question: How do we show houses in Charlottesville during a pandemic?
Answer: Carefully

Sweat the Details Podcast – A Growing Housing Crisis

in Market statistics Nest on February 4, 2021 February 4, 2021

We had a fascinating conversation with Mike Simonsen with Altos Research this week, and it's a highly relevant conversation to all markets, but particularly felt in the Charlottesville - Albemarle regional market. Listen to this episode here, and subscribe to Nest's podcast here. Mike Simonsen, with Altos Research, joined us for the second time and we discussed the housing crisis, state of the market, interest...