Browsing Category Market statistics

Bubble? Crash? Correction? What is Happening?

Is the Charlottesville – Albemarle real estate market in a bubble in 2022? I do not know, and that is the best honest answer.

Nelson County Virginia real estate prices increasing in 2022 due to pandemic and fiber internet.

Answering questions about the state of the Charlottesville real estate market. Bubble burst or deflate?

In May 2022, mortgage interest rates are causing the real estate market to shift rapidly

Is the Charlottesville real estate market slowing down in May 2022? Maybe.

Is the Charlottesville real estate market in a transition period with internet rates around 5%?

The short answer is that Charlottesville real estate tends to hold value over time.

Fundamentals for the market are strong and most forecasts say that we are going to be in this sort of environment for the next 12 to 36 months.