ALBEMARLE
Comparing 2012 and 2013 – When Do Homes Come on the Market in Charlottesville?
I hadn't updated this chart in about 18 months, and I was curious … one of the most common questions I get is "when do homes come on the market in Charlottesville?" Typically this question comes in one of three conversations: (I'm going to do…
ALBEMARLE
Looking in the Rear View Mirror – Previewing the 2nd Quarter 2013 Market Report
When looking at the real estate market (or any market, really) We're always looking backward, thinking about today and trying to project tomorrow, next year and five years from now. We'll be posting tomorrow our 2nd Quarter Market Report for the Charlottesville area, and we're…
GENERAL REAL ESTATE
This is why Hindsight is Important (in Real Estate)
It's easy to use hindsight as a blunt force, but it's important to note that we're not going to know whether today's real estate data reflects a/the sign of market recovery or a positive blip on the chart until we have the benefit of hindsight.…
MARKET STATISTICS
Interesting New Market Report – Some Positivity in the (Macro & Micro) Market
One of the best parts of this Housing Prospects 50 States Release March 12 2012 One of the things I said in the Newsplex story is that any market analysis that is broader than a street or neighborhood is too broad to make an informed…
MARKET STATISTICS
Case Shiller Doesn’t Track Charlottesville’s MSA – or – Nest Realty’s 4th Quarter Report
I've said it before. Case Shiller's Perspective on the Charlottesville real estate market summed up in one phrase: it doesn't exist. As I said this morning on Google+ - So we're getting ready to widely release Nest Realty's 4th Quarter 2012 Nest Report ... there's…
MARKET STATISTICS
It’s Not about the NAR’s Numbers, It’s about the NAR’s Credibility
I've tried for an hour to write this story about the National Association of Realtors' revisions of housing data and I can't seem to write anything new that I or others haven't said before. Or more succinctly: @mortgagereports How will they help? More accurate data…
MARKET STATISTICS
So What if the NAR Overestimated Home Sales?
What's old is new again. "The National Association of Realtors says it has overestimated the number of homes sold in recent years and will soon publish revised statistics based on a new benchmarking methodology." To which I say: so what? I have yet to see…
CHARLOTTESVILLE
City of Charlottesville Real Estate Market Update – 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,…
MARKET STATISTICS
Barry Merchant’s Housing Update – October 26, 2011
Given yesterday to the Charlottesville Area Association of Realtors: Barry Merchant has annually provided some of the best, most realistic market insight to the state, regional and Charlottesville area real estate markets. Barry Merchant's presentation to CAAR - 10-26-2011 (more…)
MARKET STATISTICS
Nest’s 3rd Quarter Market Report
Nest Realty's 3rd Quarter Market Report (PDF) Download, read it, print it, mark it with your questions and let me know what you think. There are some bright spots (Charlottesville Single Family home sales up nearly 30%) and some bizarre data points that highlight how…