I've long said that I'm better positioned to represent my clients' best interests because of the knowledge and information that Charlottesville Tomorrow shares. Now they're asking for the community's help to Kickstart their foray into covering the education side of the news. Charlottesville Tomorrow has provided something extremely valuable - consistent reporting for many years. Here's hoping they're able to replicate this success in the school reporting arena.Keep in mind - "Distance from Schools" and "Quality of Schools" are the two … [Read more...] about Help Kickstart Charlottesville Tomorrow’s Education Coverage
22901 homes for sale
YOUR market will vary. Even though this is what we believe to be an extremely accurate market report, it's still a broad-brush report. Mill Creek will have different inventory levels and absorption rates than will Old Trail, or the Gleason condos. As will different price points. i.e. - low absorption rate at $1 million + , high absorption rate in the $300k - $400k price point. Dig in, get educated, ask questions, either in the comments below or email or call me anytime. This is an example of how saying "sales are up" or "sales are down" doesn't … [Read more...] about Home Sales in Charlottesville Down, Contracts Up, Market Turning?
At least, after showing dozens of houses over the past few days and seeing many desired homes go under contract before my clients could get to them, this is my conclusion: Some segments of the Charlottesville - Albemarle real estate market have turned. Not all. Maybe not most, but several, possibly even many micro-segments of the Charlottesville real estate market are seeing remarkably low, unhealthily low levels of inventory. For example:* In the Baker-Buter and Hollymead elementary school districts: There are currently 36 single family homes … [Read more...] about Some Segments of the Charlottesville – Albemarle Market Have Turned
In short - there's lots of new construction in Charlottesville and Albemarle. It's been said that 2013 is the year of the return of the spec house; we're seeing more new construction than we've seen in years. Buyers have more options, sellers have more competition. Four important and relevant stories before we get started: - Why take a Buyer's Agent to new construction? - Buying new construction without a Realtor? Read this first! (note: this builder is now no longer doing business in Charlottesville, but we have two national (and … [Read more...] about New Construction in Charlottesville and Albemarle
If you're a buyer in the Charlottesville market, you know that right now, inventory is low. Quality inventory is lower. Depending on your market segment, much lower. Be prepared to wait. And then, be prepared to move quickly when the right house comes on the market. Now is the time to start your education on and about the Charlottesville real estate market, so that when January comes, you'll be ready. (Seriously; if you're looking, ask me what the first steps are) There are a lot of reasons for this low inventory, starting with time of … [Read more...] about Low Housing Inventory Stinks – in Charlottesville – Albemarle
The Questions: - Can I sell my house in Charlottesville (area) right now? - Should I buy a house in Charlottesville (area) right now? Answer to both: It depends. Buyers: If you need to live somewhere and know you're going to be somewhere for at least 5-7 years, now might be a great time to buy â€¦ ** interest rates remain extremely low. But â€¦ there is a dearth of quality inventory on the market right now. I'm finding that buyers are searching for (much) longer timeframes, so that when the right house does come on the market, they are … [Read more...] about The First Seven Months of 2012 – Charlottesville Real Estate Market Update
Q: (Single Agent) Dual Agency - Who Benefits? A: The Realtor July 1 2012 will be a day that many buyers, sellers (and real estate agents, I'd wager) learn that the current world of real estate representation is (supposed to be) about representing clients' best interests - not merely selling a home. That's the day that the new real estate Agency law will take effect. While single agent dual agency isn't outlawed, real estate agents are now legally bound to explain to potential clients the pitfalls of single agent dual agency - whereby the … [Read more...] about Real Estate Representation (Finally) Evolves in Virginia