With a fair amount of uncertainty in the Charlottesville real estate market, there are still a few bright spots. Located in Crozet, single family home sales in Old Trail over the last 12 months are up 60% from the previous 12 months (24 vs 15). Construction activity is up with a combination of custom homes [...]
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 [...]
Our goal is to continue to have the most functional, most useful and most used real estate search site in Charlottesville; these improvements are a step towards meeting that goal. … New listings are now tagged (within last 14 days, can search for new listings) As a buyer/browser/interested consumer, what do you want to see on our site?
… There are quite a few back-end improvements that do not necessarily affect how you search for homes in the Charlottesville MLS, but rest assured, they make the entire site experience better .
Jim Duncan is one of the founding partners of Nest, Associate Broker and is a Charlottesville Realtor who writes about Charlottesville real estate trends at RealCentralVA , Life in Crozet at RealCrozetVA and occasionally at the national real estate magazineAgentGenius .
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 [...]
I know we’ve got a few loyal readers out there who live for our market reports…and to you we apologize for the delay in getting our most recent report up. Thankfully for everyone, April was one of the busiest months we’ve had in a long time. The expiration of the tax credit caused a lot [...]
A few months ago, we took a closer look at inventory levels for homes throughout Charlottesville and Albemarle County. Since I’m a big believer that inventory levels are a predictor of future real estate values, I’d like to take another look…this time for single family and attached homes in Albemarle County. As you may recall, [...]
As we all know, the National Ground Intelligence Center (NGIC) is bringing a lot of jobs to our area – some are estimating 1000…and maybe more. And with those jobs is increased promise that the influx of jobs will help boost the Charlottesville real estate market. Is that a crazy thought? Absolutely not. Real estate [...]
UVa magazine has published their 15 Reasons to Love Spring in Charlottesville . Charlottesville is packed with great outdoor activities from the Downtown Mall to Skyline Drive. Whether you are into sporting events or farmer’s markets, we’ve got it all. Here are their 15: 1. Blossoms 2. Foxfield 3. Festival of the Book 4. Baseball 5. [...]
