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The Nest Report

Our Nest Report Blog is a platform to educate the public about the changing real estate markets in Charlottesville, New River Valley, and Hampton Roads. Our team of agents contributes timely market updates and statistics, as well as hyper-local news and information for each community.

Monthly Archives: January 2009

It’s Time For A Change…

January 30, 2009 – 5:00 pm

I’m a big fan of analogies.  So much so that when the words, “it’s like…” come out of my mouth, I can see my wife fighting back the urge to roll her eyes and run the other direction. So when this video popped up on the BI Blog a few months back, I thought it [...]

By Jonathan Kauffmann | Posted in Nest Belief System, Real Estate Brokerage | Comments (1)

Good Time To Buy?

January 30, 2009 – 4:30 pm

So I’ll go on the record and say that I’m not a fan of the NAR publicity/advertising campaigns claiming, “It’s a great time to buy!” However, the National Automobile Dealers Association thought it was a pretty slick campaign because the auto industry has jumped on board with one of their own “it’s a great time to buy” campaigns.

Here’s the question I have for both the NAR and the auto industry: how do you know?

By Jonathan Kauffmann | Posted in Buying a Home, Nest Belief System | Comments (1)

Nest Market Report: Central Virginia 2008

January 30, 2009 – 4:15 pm

This won’t be typical to use someone else’s market analysis (even though since I am a CAAR Realtor, it is officially ‘mine’), but it’s important to at least browse through the numbers that CAAR puts out every quarter/year.  Numbers don’t lie, so it paints a fairly realistic picture of the market.  I won’t dwell on [...]

By Jonathan Kauffmann | Posted in Market Reports | Comments (0)

Nest Market Report: Old Trail 2008

January 30, 2009 – 4:00 pm

2008 was an interesting year for Old Trail. On one hand, the number of sales dropped for the 3rd straight year. On the other hand, there was an increase in the number of single family home sales. On a similar positive note, there were 2 home sales over $1,000,000 ($1,200,000 and $1,030,000) and 1 just under $1m ($999,000). So, although sales were down and Days On Market almost doubled, there are some positive signs.

By Jonathan Kauffmann | Posted in Crozet, Market Reports, Old Trail | Comments (0)