This week marked the first official Realtor Open House for Charlottesville’s newest community, Lochlyn Hill. Attendees checked out the views, walked homesites, and talked with Nest Realtors Jim Duncan and Keith Davis about the vision for the new neighborhood. The five local builders who will be constructing homes in Lochlyn Hill were also on hand to…
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…
We’re starting to release another group of videos in our Live Where You Love video series, spotlighting some of the great places to live throughout Charlottesville and Central Virginia. We spent some time in Glenmore over the last few weeks meeting with residents, the Head Golf Pro, and the Club President. There’s a lot going…
Overall August 2012 sales were flat for the Charlottesville MSA with 231 sales as compared to 233 in August 2011. However, the three-year sales trend continues to be positive. We’re seeing consumer confidence continue to be steady-to-strong. Even with the upcoming election, buyers and sellers seem to be more influenced by the historically low interest…
Welcome back to meet the agent. In this week’s Q&A we meet John Ince, who specializes in Charlottesville Country Properties. Find out how John transitioned from training horses to finding them (and their owners) the perfect place to roam. Nest Realty: How did you get into real estate? John Ince: My mother, who had been a…
So, you’ve probably heard by now that Donald Trump is now an Albemarle County property owner. Last week, he purchased the Kluge Estate Winery and Vineyard at auction. Or maybe we should say he bought the winery and vineyard formerly known as Kluge. You can bet the Kluge name will last about as long as…
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.…
Let me first throw out the disclaimer that we are desperately searching for good news in the Charlottesville area real estate market. At Nest, we’ve earned the reputation of being honest: there’s no sugarcoating in our conversations with clients. But we’d be lying if we weren’t using our magnifying glasses just a little to see…
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…