What follows is the first in a Nest blog series entitled, “Meet the Agent.” We’ve got an amazing team of Realtors here at Nest, and this series gives us a chance to showcase what makes each of them unique. Special kudos to Bob Hughes for being our first test subject (cough, cough, we mean volunteer). …
So, we’ve had a lot of great feedback from our market reports over the past few years. We started with a very simple report a few years back and have been improving it ever since. About a year ago, we began posting monthly market report charts on our web site. But a few months ago,…
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…
Overall sales for Central Virginia increased slightly in February 2011 as compared to last February. Single Family sales were steady with 91 sales – up one from last year. Attached and condo sales were relatively steady – dropping slightly from 26 to24. In addition, inventory levels decreased slightly – down 2% for single family homes and down 12%…
Have you checked out this month’s Abode Magazine? Charlottesville builder Latitude 38 is featured in a great 6 page article spotlighting their building techniques, designs, and style. If you haven’t seen a Latitude 38 home, you need to. They’re smart, efficient, sleek…and very well-built. Their home in Riverbluff is under construction and will be…
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…
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…
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…
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…