In many ways, Crozet’s Old Trail was the region’s real estate bubble poster child. Launched in 2005, demand and home sales ramped up in a frenzy in the community’s early days. Initial home deliveries were in late 2005 and Old Trail tallied 13 sales in the final 2 months of 2005. Then sales went off…
This just in: The University of Virginia has just released their 2013 football schedule. With 8 home games at Scott Stadium, this is one of the Cavalier’s best home schedules in recent years… August 31: BYU September 7: Oregon September 21: VMI September 28: at Pittsburgh October 5: Ball State October 12: at Maryland October…
The following was written by Nest Realty’s David Ferrall for the Crozet Gazette: We survived the Cliff, and there are now vague rumblings about the Ceiling. But the bumbling partisan missteps in Washington currently hold no sway over the Crozet real estate market. 2012 was a banner year for local home sales, the 244 total…
In regards to Charlottesville real estate, we closed out 2012 with a bang. Sales were up. Median prices were up slightly. And inventory was down significantly. As we are about 50 days in 2013, let’s take a quick look at where we are as compared to last year… Overall, the Charlottesville area market is looking…
Along with the City of Charlottesville, Albemarle County is one of the two core markets for the Charlottesville MSA. And just like the City of Charlottesville, Albemarle County home sales are trending in a positive direction. Here’s the synopsis of the the Albemarle County real estate market in 2012: Total sales increased to 1281 home…
The City of Charlottesville real estate market bounced back with vengeance in 2012. After shaky years in 2009 and 2010, 2011 brought a combination of up and down signals in the marketplace. However, almost every major market trend line was positive in 2012. To start with, total sales in the City of Charlottesville increased from…
We touched on the Crozet real estate market last week. Now, we’ll focus on the other half of Western Albemarle: Ivy. Ivy has always been a bit of an anomaly in the local Charlottesville real estate market. Why? Whereas each sub-market of the local Charlottesville MSA has pockets of higher end properties, Ivy has a…
2012 was a strong year for Crozet home sales. Compared to 2011, sales were up almost 28% (from 190 to 243). The 243 home sales in Crozet represents the highest number of sales in the last 5 years. This significant gain can be tied to a lot of factors. Most notably, new construction numbers made…
For those craving more data and statistics on the Charlottesville regional real estate market, we offer you our 2012 Charlottesville Real Estate Market Annual Report. Chock full of bit-sized data and snapshots of all of the Charlottesville regional sub-markets, this report will give you a great overview of market trends for home sales in…
The standard Virginia contract doesn’t say a lot about the ‘final walk through’ process that buyers are entitled to just before closing. As a buyer agent, however, it’s one of the most important parts of the home buying process that I help my clients navigate. Here is a look at what is entailed and how to make…