Nest Report Home Market Reports RSS Feed

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.

Category Archives: Buying a Home

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 [...]

‘The Donald’ Enters the Albemarle County Real Estate Market

So, you’ve probably heard by now that Donald Trump is now an Albemarle County property owner.  Last week, he purchased the Kluge Estate Winery and Vineyard at auction. Or maybe we should say he bought the winery and vineyard formerly known as Kluge.  You can bet the Kluge name will last about as long as [...]

Homebuyer Tax Credit Extended…Sort Of

According to Inman News, the Senate has approved an amendment of the homebuyer’s tax credit that will extend the closing deadline from June 30th to September 30th.  What does this mean?  Well, if you have a home under contract (and your contract was ratified on or before April 30), then you have until Sept 30th [...]

Prepping to Buy a House in Charlottesville

I surveyed the Nest Realtors and asked for the top three things that buyers need to do in preparation for buying a house in Charlottesville. These are the responses, in no particular order: – Have no house to sell / No home sale contingency – this could be your single best advantage in this market. [...]

There Are Buyers in the Charlottesville Real Estate World

Thanks to a Twitter tip from one of our savvy Nest agents, Amy Webb, I’ve been spending some time today looking at a trend that I knew existed…but hadn’t been able to quantify.  Here’s the theory: There are buyers in the Charlottesville real estate market.  They are just being very selective and are going after [...]

Good Time To Buy?

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?