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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.

Category Archives: Charlottesville

January 2011 Charlottesville Area Real Estate Market Report

After a slow Fall, the year has gotten off to a decent start. Sales in January were up year-over-year as compared to the last 2 years and 2011 represented the most January sales since 2008. In fact, every Area – with the exception of Fluvanna County – was up over January 2010. Along those same lines, Months [...]

RiverBluff Video

We have just completed another community video, one which we are very proud of. Nest has been very honored to represent the developers in this fantastic project. There are lots available for custom construction, as well as some new construction that has been completed and another project under construction. While we are big proponents of [...]

4th Quarter 2010 Charlottesville Real Estate Market Report

The 2010 Central Virginia real estate market was the tale of two halves. The first half was pretty good: sales were up, inventory levels were steady, buyer interest was frantic in some neighborhoods, it wasn’t uncommon to hear about multiple offer situations. Total home sales were actually up year-over-year during the first 6 months of [...]

Nest Realty’s December 2010 Charlottesville Real Estate Market Snapshot

Check out our December 2010 Charlottesville Real Estate Market Snapshot. Overall, sales dipped again (down 32%) in November 2010 from November 2009.  This marks the 5th straight month of year-over-year sales declines.  Surprisingly enough, although total sales were down 32%, the total volume of transactions was down much less (about 15%).  Several large purchases pushed [...]

October 2010 Charlottesville Real Estate Update: Shield Your Eyes

Let me first throw out the disclaimer that we are desperately searching for good news in the Charlottesville area real estate market.  At Nest, we’ve earned the reputation of being honest: there’s no sugarcoating in our conversations with clients.  But we’d be lying if we weren’t using our magnifying glasses just a little to see [...]

Barack Obama is Coming to Charlottesville This Friday

We know that you’re going to be short on time, as the gates open at 5pm at the Charlottesville Pavilion for your rally with Tom Perriello .

…Assuming you arrive at our lovely airport, CHO , and that you’ll have a fun motorcade which won’t affect Charlottesville traffic on a Friday afternoon at all … you’ll probably make good time getting to Downtown Charlottesville. … We read that you like chili and pizza , and while there are great pizza places on the Downtown Mall , Fridays are Chicken and Dumplings day at Eppies, and it’s one of our favorite meals. … The Avett Brothers played there last week, and the Pavilion has hosted Willie Nelson, Widespread Panic, Crosby Stills and Nash, Sheryl Crow and Garrison Keillor, but we think you’ll be able to hold your own.

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 [...]

Charlottesville Home Sales Look Better Than They Feel

We spend a lot of time looking at stats at Nest. We also spend a lot of time talking amongst ourselves about how the market ‘feels.’ The general consensus among our agents is that the market feels pretty soft…and we have some statistics to back up that feeling. For example, market-wide, showings are down showings are [...]

25 Essential Charlottesville Experiences

The C-Ville has a great story this week on 25 more essential experiences for Charlottesville locals.  This is a follow up to their story from last year. There’s a few on here that I haven’t done (#2, Let a heated exchange about the Meadowcreek Parkway destroy a friendship)…and a few on the list that I [...]

Charlottesville Single Family Homes Real Estate Market Update

2010 is trending to be a decent year in real estate…so far.  Well, maybe I should re-phrase that: it’s not any worse than 2009.  We continue to hear some troubling news regarding foreclosures and defaults on a national level (stay tuned to the Nest Report later this week), but positive signs and trends continue to [...]