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 [...]
We’ve been hinting about it for a few weeks (and working on it for a few months), but we went live yesterday with our BETA version of our Nest Market Reports section. Since we launched our site, we’ve been posting market reports on our blog, The Nest Report. However, this is something a little different. [...]
So, I was sitting in Staples Barber Shop last week, waiting to get a trim and a photo of Obi-Wan Kenobi on the front of USA Today caught my eye. (Disclaimer: I’m a bit of a Star Wars fan, but that’s besides the point). Turns out the photo was a lead-in to an article on [...]
We’re always working to improve our services to improve our clients’ experience at Nest. We launched Version 1 of our web site in February of 2009 and, based on feedback from clients and agents, have been tweeking and improving our site ever since. On Friday, we rolled out an update of our site…including a fresh [...]
We all know that real estate is local. Taking national stats and trends and trying to apply them to our Charlottesville real estate market isn’t always relevant. Along the same lines, stats and trends in our overall local market don’t always translate to smaller sub-categories and market niches. For example, if you’re selling a $400,000 [...]
Unfortunately, the theme seems to be ongoing. September 2010 real estate sales in the Charlottesville area market were down from last September. After 9 straight months of increased year-over-year sales, this marks the 3rd straight that we’ve seen a y-o-y decline in total sales. So, let’s take a quick look at September to see what [...]
As reported yesterday, Zillow and Mint.com have partnered. In the deal, Zillow will provide it’s ‘zestimate’ home valuations to Mint.com customers. Mint is a personal finance site that helps users track expenses and manage their personal finances. The partnership makes sense. Real estate – both primary residences and investment properties – make up a large [...]
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 [...]
Located just off of Polo Grounds Road on Route 29, Montgomery Ridge features single family homes on lots ranging from .5 to 1 acre. This secluded neighborhood of 53 home sites has both homes and lots still available. Montgomery Ridge homes are just minutes away from the Hollymead Town Center, Route 29 Shopping, NGIC, GE, [...]
