Do Sellers in Charlottesville Pay Buyers’ Closing Costs?
Sometimes a post in which I pull data to answer a question becomes a bit more than intended. This is such a post. - Do sellers pay closing costs? - Are we at a sustainable volume of closed transactions? - FHA is helping foreclosed buyers.…
What’s a Pocket Listing? And Why Should Consumers Care?
I've been a real estate agent in Charlottesville since 2001 and I've never seen this volume of pocket listings. Is it due to the ubiquity of the internet, the sellers' market (for some segments) or both?* As a consumer, how does this matter to you?…
Some Segments of the Charlottesville – Albemarle Market Have Turned
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.…
Albemarle County Real Estate Tax Assessments are Out
Title edit: when I posted this this morning, assessments weren't out. Now (3:45 7 February) I just received the press release from the County. Click through to read the whole thing. (but they're still late :) ) I don't know that there's a "must have…
Low Housing Inventory Stinks – in Charlottesville – 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…
The First Seven Months of 2012 – Charlottesville Real Estate Market Update
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…
Albemarle County Real Estate Update – The first Ten Months of 2011
One big notation: I'm no longer comparing today's real estate market; what happened in 2005 - 2007 and before is interesting, curious, anomalous and ultimately irrelevant to today's real estate market. EVERYTHING is different now - interest rates, economic outlook, international economic events, gas prices,…
What (Central Virginia) Real Estate Data Matters to You?
With the overwhelming flood of real estate data and information, what matters to you? I know what I think is important, but what's important to you? Seth Godin notes today: A new generation, one that grew up with a data surplus, is coming along. To…