Where are Interest Rates Going? (October 31 edition)
A client asked me the other day, "what do you think rates are going to do"? The underlying question is, "should we rush to list, sell and buy now, or can we be more deliberate (and sane), and wait until Spring? What will interest rates…
C’Mon, Apple. Real Estate Agents Need Property Boundaries
How will I show land without parcel boundaries on my phone?! There's been a lot of discussion about the new Apple maps, which will be replacing Google maps on the next iPhone. This isn't enough to switch back to an Android device from my iPhone…
Charlottesville Real Estate Market Conversation – 29 January 2012
Matt Hodges and I had a good time on WNRN radio yesterday discussing what's happening in the Charlottesville real estate market, mortgages, buyer activity, real estate assessments, government interference, gas prices' impact on real estate decisions, and a whole lot more. I'm going to listen…
A New Theory on Buyers in Today’s Real Estate Market
Put simply - buyers want to buy. And a lot of them are tired of waiting. Categorizing the Charlottesville real estate market: - 20% distressed - 20-30% is overpriced - 20-25% is stuff that no one wants to buy - 20% is in great condition,…
Knowing This, Would you Trust Zillow?
It's been a while since I've taken an in-depth look at Zillow; generally I tell my clients that it's good for content but not actual good, conclusive, base-any-real-decisions-on-what-it-says. Last week I noted that Zillow's zestimates are admittedly wrong and inaccurate in Charlottesville. This week, Louis Gray…
Charlottesville Real Estate Market Update: Transaction Volume for 2000 – 2011
Part Two of ... See Part One - Charlottesville MSA – Single Family & Attached Homes Placed Under Contract – First Five Months Looking at the Charlottesville MSA for transactional volume history ... what we need is stability and consistency. Once we can reach a…
Willoughby Neighborhood is Growing
The Willoughby neighborhood in Charlottesville/Albemarle is going to grow. Generally, this is where the development is located. * I'm fascinated by neighborhood mobilization and I'm also curious as to 1) what percent of the neighborhood knows about this and 2) what percent is for/against it.…
400 More Homes on Pantops? What Could Go Wrong?
The Newsplex notes that "the Albemarle County Supervisors heard a proposal for a Pantops Ridge Development. The developer wants to bring around 400 homes to the Pantops area near Hansen's Mountain Road and Route 250." Charlottesville Tomorrow, in typical detailed fashion, provides much more information…
Talking about the Charlottesville Real Estate Market – WNRN Radio 9 January 2011
An hour of talking about the Charlottesville real estate market - not nearly enough time to cover all that we wanted to or could do. Live radio is a furthering of why I chose to write this Charlottesville-focused real estate blog six years ago -…
No More Albemarle Place?
Ah, Albemarle Place. We hardly knew ye. Merely a re-branding. Welcome to Stonefield. (more…)