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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: December 2011

Live Where You Love: Northern Albemarle

Our next video in Nest Realty’s Live Where You Love series takes us to Northern Albemarle and 29 North.  Over the last 20 years, Northern Albemarle has seen explosive growth with commercial, retail, and residential development.  Convenience and proximity to services play a major role in people’s decisions to live in this part of Albemarle [...]

Welcome Aboard! Our Nest is Growing…

Nest Realty is proud to announce 2 exciting additions to our Charlottesville office.  Robert Russo and Janice Kavanagh have both joined Nest and we couldn’t be happier to have them on our team. You can get to know Robert and Janice a little better by checking out their bios on our web site. If you [...]

Charlottesville’s Landmark Hotel Moving Forward?

A report from the Daily Progress yesterday projects that there is a chance that the partially-built Landmark Hotel in Charlottesville may start moving forward again in 2012. For those of you unfamiliar with the Landmark Hotel saga…here’s a quick recap with some additional story links from The Hook. Though there still is obviously confusion around [...]

Live Where You Love: Nest Realty’s Charlottesville Real Estate Video

A quick look at life in Charlottesville.  It’s impossible to capture the true essence of Charlottesville in less than 4 minutes, but this is a start.  We hope you enjoy…

Charlottesville’s Real Estate Market Snapshot: November 2011

Overall, the November 2011real estate market in Charlottesville performed about as we expected.  Overall, total year-over-year sales were down (from 174 to 150). Median sales prices in the Charlottesville MSA were also down…by about 3% from November 2010. There was some positive news, though: the three-year total sales trend is now slightly positive…meaning that sales in [...]

Rising Rents Could Lead to Housing Recovery

As we turn the calendar to December, the Virginia real estate market starts to slow.  Buyers’ priorities shift from scouring their favorite real estate web site for that perfect 3-bedroom cottage to reindeer, holiday shopping, and New Year’s celebrations. For the last several years, we’ve looked at market data and tried to grasp onto something [...]