Starting this past January, the Consumer Financial Protection Bureau implemented new regulations that they hope will protect consumers against ‘risky’ lending practices. At the heart of these new regulations is QM, or Qualified Mortgage. We’ve asked Mike Bitrick of First Heritage Mortgage to answer a few questions on QM and how it is affecting loans and the…
Welcome to Charlottesville! Whether you’re visiting for the weekend or call our fair city home, there’s always something exciting going on. Check out this weekend’s activities: Whether you’re looking for family activities or more adult-oriented fun this weekend, there’s something to do in or around Charlottesville! Let Nest be your guide: Foxfield! (Need we say…
I’ve been immersed in the energy efficient movement for Charlottesville-area housing since 2007. This is the first year that I remember some of the area’s larger homebuilders starting to embrace these new methods and concepts. In Charlottesville, we are lucky to have multiple builders who build extremely efficient homes. The top 4 builders in our…
As we do every quarter (and every year), Nest New River Valley has run the numbers for the first quarter of 2014 (Q1 2014). What did we find out? Nest Realty New River Valley Q1 2014 Real Estate Market Data (abbreviated market analysis): Total Sales: Total sales increased almost 13% in Q1 2014 for the overall MSA…
Here’s the second installation of our “Live Where You Love” video series. This time we focus on a time-honored tradition here in the New River Valley…Virginia Tech Football. Residents of the New River Valley and Blacksburg enjoy a range of cultural, sporting, and outdoor activities. One of the most important community activities is college football.…
One of the first projects Nest Realty tackled upon opening a New River Valley office was expanding our award-winning “Live Where You Love” video series to tell the many stories of the region we call home. What was the subject of our first video? A look at the overarching New River Valley area of course!…
Our third video in our Fredericksburg “Live Where You Love” video series focuses on retirement in Fredericksburg! For the past 20 years, Fredericksburg has been the landing place for many of the government’s employees, contractors, and enlisted soldiers. However, instead of these transients moving away after retirement, many are deciding to call the Fredericksburg area…
As we do every quarter (and every year), Nest Fredericksburg has run the numbers for the first quarter of 2014 (Q1 2014). What did we find out? Nest Realty Fredericksburg Q1 2014 Real Estate Market Data (abbreviated market analysis): Total Sales: Total Sales decreased by 4.08% across the Fredericksburg area MSA. The only two areas…
After a cold and snowy start to 2014, Q1 has come to a close. Coming off a strong year of market performance in 2013, there were high hopes for what the market would bring in 2014. Overall, the market’s performance was mixed in Q1 with certain geographic segments of the market outperforming others. Check out…
Our “Live Where You Love” Fredericksburg video series continues, this time discussing living in Fredericksburg while commuting to our nation’s capital. Most of the Fredericksburg area’s residents work outside the Fredericksburg area. Located just an hour north of Richmond and an hour south of Washington DC, Fredericksburg is a central point for many job seekers…