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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: September 2010

Zillow and Mint Team Up. What Does It Mean For Charlottesville Homeowners?

As reported yesterday, Zillow and Mint.com have partnered.  In the deal, Zillow will provide it’s ‘zestimate’ home valuations to Mint.com customers. Mint is a personal finance site that helps users track expenses and manage their personal finances. The partnership makes sense.  Real estate – both primary residences and investment properties – make up a large [...]

Crozet Home Sales Bounce Back in August

After a brutal July, single family home sales in Crozet bounced back in August 2010 to levels on par with 2009. July 2010 sales for single family homes dropped from 18 in 2009 to just 9 in 2010.  This was a huge shock to the market – as sales in Western Albemarle typically thrive during [...]

What is Title Insurance?

Jim Duncan posted a great video of local attorney Tim Kelsey discussing title insurance.  If you are buying a house and aren’t familiar with title insurance, you should check it out. As we all know, insurance is one of those necessary evils that you don’t want to spend your money on…but you can’t really live [...]

Fall in Charlottesville: Too Much To Do, Too Little Time

There’s an ongoing debate around our office: What’s the best season in Charlottesville? After last winter, no one is voting that way…and this summer’s heat has knocked summer out of the running.  So, it seems to be split pretty evenly between the Spring and Fall.  Both are spectacular times in Cville. Since the Fall is [...]

Are Charlottesville Condominium Sales Stabilizing?

As just about every segment of the Charlottesville real estate market seems to be slipping each month, there aren’t many bright spots. Sales in Albemarle County in August were off about 45% from last August Charlottesville City sales were off about 20% from last August Sales in the Charlottesville MSA were off about 30% from [...]

August 2010 Central Virginia Homes Sales Drop…But Not As Much as July.

So, we’ve had a lot of negative real estate news recently.  Over the last month, we’ve looked at dismal home sales in Charlottesville, Albemarle and Central Virginia in July.  Last week, we got the NAR report on July home sales.  And now, as we turn the calendar to September, we see the home sales continue [...]