As Halloween approaches that means that the third quarter has come to a close and the holiday season will be upon us before we know it. With that we have released the Q3 2016 Nest Report which looks back on how the market performed this past quarter and what that means for our market moving forward. Overall,…
2016 continues to fly by as the third quarter has already come to a close. With that, we have released the Charlottesville Q3 2016 Nest Report where we take a look at how the market performed this past quarter and what lies ahead. We continued to see steady growth this past quarter despite the continued…
New River Valley real estate market shows a healthy 2016 Summer is almost over, but with the end of summer goes the New River Valley Mid-Year 2016 Nest Market Report. The Nest Report is our quarterly look at the real estate market for the previous quarter—the highs, the lows, the good and the bad. No…
At the mid-year point, we are still in a seller’s market. We’ve released the Mid-Year 2016 Nest Market Report for the Charlottesville area. The trends we experienced in the first quarter of 2016 continued throughout the second quarter as well. Inventory levels once again declined year-over-year, which as expected, pushed sales prices upward. This resulted in…
New Construction Report Shows Sales Up We’ve just released our Charlottesville 2015 Mid-Year New Construction Report. As expected, based on the overall performance of the Charlottesville market in the first half of the year, new construction sales are up. Additional indicators demonstrate positive signs as well. Here a few highlights: 1. Total sales are up…
First Quarter Starts Strong Overall, it was a successful first quarter for new construction sales this year. We witnessed an increase in total sales and the number of contracts written compared to Q1 2014. New construction was an integral part of the overall sales activity in the Charlottesville MSA (Metropolitan Statistical Area) this quarter, accounting…
Mortgage can be a daunting word. Using a mortgage calculator can help. Even for those who have bought a house and been through the process before, the mortgage process can be a confusing one. Amidst all the terminology and applications, the question that often remains most important to a home buyer—how much will my mortgage payment…
With yet another quarter of 2014 behind us, we step back to take a look at how our market performed this past quarter. Overall, the market continued to perform well in the third quarter and as it did in the first and second quarters of the year, performed better than the third quarter of 2013.…
Yet another quarter has come to a close in 2014, which means it’s time again for the latest edition of the Nest Market Report. The third quarter (Q3) was an interesting one in the Charlottesville area marketplace, but the overall performance and market metrics were positive. Despite the fact that total sales were down on…
Earlier this month, the Virginia CRS Chapter gathered for their annual Sell-a-Bration event in at the Omni Hotel in Charlottesville, Virginia. The Council of Residential Specialists (CRS) is a national network of nearly 33,000 residential real estate professionals that are committed to continuing education in their industry and providing the highest level of service to…