Getting ready for Match Day March 20th
Match Day for Medical Residents is tomorrow, and the forums at StudentDoctor.net are a flutter. This year's Match Day is likely to prove to be a bellwether for the Charlottesville area real estate market. UVA Residents provide cyclical stability to our market - every year…
UVA Match Day is March 20 2008
And what will be the impact this year? What exactly is Match Day? I like this description from last year. Match Day is when 4th year medical students find out which residency program they matched with. Next year (actually this year - 2007), that day…
Stability in College Towns
Thanks to an alert reader for sending this story my way - College Towns Escape the Pain As the inner cities, along with much of Florida and the interior of California, face the prospect of a foreclosure meltdown, American college towns appear to be islands…
A macro view versus the reality of million dollar homes in Charlottesville
Rarely if ever do I highlight individual properties, but I will make an exception in this case. Somehow I missed this story on CNBC earlier this year: "In this university town, there are about 30 homes priced at $1 million or more, if you're in…
Really, Al Roker?
Et tu Barbara Corcoran? Blanket statements are dangerous, especially when comparing the run-up from 2004 to 2007, but in Charlottesville, there clearly are not enough rooms on grounds for the UVA students and grad students. Buying smart likely will pay off in the end. Related…
College town investment is not for everyone
The title says it all; that this WSJ story focuses on Charlottesville is almost beside the point. But ... with the University of Virginia growing, some "student" housing might prove to be a good investment. My favorite part of the story: Shortly after I did…
Prioritize the students!
University students feel put upon and under-prioritized: Charlottesville politicians are notoriously leftist. ... In an interview with The Cavalier Daily a few months ago, Charlottesville City Councilor Blake Caravati stated that City Council cares far more about family units than for student housing. ... But…
Walker Square, the market and one other thing
Walker Square would be well-advised to address their customer service and management issues. This is the type of publicity that will 1) impact their ability to rent, 2) their ability to sell their condos and 3) the ability of the owners to sell their condos.…
New listings
We have put several new properties on the market in the past several days, in part to hopefully take advantage of the upcoming Match Day, when Medical Residents find out where they will be attending school for the next several years. Crozet (17-20 minutes to…