Zillow reported that homeowner confidence fell in the 2nd Quarter. Here’s a quick recap of their findings: – 33 percent believed home values in their local housing market had not yet reached a bottom, while 38 percent believed they had already reached a bottom. – 28 percent of homeowners said home values in their local real [...]
If you’re a loyal reader of the Nest Report, this post may sound a little familiar to you. To give a little background, we’ve been scouring through Charlottesville real estate market data from the first 7 months of 2010…and comparing sales statistics to year’s past. This time, we’re taking a look at single family home [...]
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 [...]
Take a quick stroll through Waylands Grant in Crozet. Homes for sale in Waylands Grant.
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 [...]
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, [...]
