Yesterday (22 July 2015) was a fun conversation on Wendy Edward’s show on WINA. If you’re curious, you can listen to it here.
8 minutes goes by fast on the radio. (video, too)
Topics covered:
- Are we in a bubble?
- What’s the Charlottesville area market doing now?
- Bidding wars – common in Charlottesville? (we aren’t San Francisco)
- Low inventory in the Charlottesville – Albemarle market area (discussed in-depth in the 1st Half 2015 market report)
- National existing home sales data (hint: they’re up).
- House prices (discussed in this month’s subscription-only monthly note as well)
- Underwater homeowners
- And some numbers – looking at single family home sales in Charlottesville + Albemarle for January – June from 2003 to 2015:
![Single family home sales in Charlottesville + Albemarle - Jan-Jun](https://i0.wp.com/www.realcentralva.com/wp-content/uploads/2015/07/IMG_7813.jpg?resize=500%2C375)
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