Proof that Price Matters

Now, Redfin provides statistical proof . After the first month, a home is in pergatory Damn, it’s easy for me to say, “price your home right,” when I’m not the one faced with the life decisions that you or my clients are. But that’s what sellers in the Charlottesville area and virtually every other market in the country are facing – life decisions . … It’s easy to tell my clients “I know you bought for $400k, but if you want to sell and move on, you need to put your house on the market at $335k in order to 1) beat the competition and 2) be priced for the market” – two similar but different dynamics – but it’s much harder to act on this advice. … All I can do as a Realtor is advise my clients and potential clients of where the market is and how they fit into it.

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National Housing Numbers Mean What for the Charlottesville Real Estate Market?

I was saving this post and data for Friday, but the release of the national housing data spurred me to publish today. … * Charlottesville and Albemarle Attached home sales – June and July for the past decade : Charlottesville & Albemarle Attached Home Sales - June & July Charlottesville and Albemarle Single Family home sales – June and July for the past decade : Charlottesville & Albemarle Single Family Home Sales - June & July Charlottesville MSA Attached Home Sales – July for the past decade :   Charlottesville MSA Attached Home Sales - June & July Charlottesville MSA – Single Family Home Sales – June and July for the past decade : Charlottesville MSA Single Family Home Sales - June & July So … what are home prices doing in the Charlottesville MLS**? – The moving median price for the past 200 days shows stability . – The moving median price for the past 90 days shows what may be a coming decline. – The moving median price for the past 200 days shows stability . – The moving median price for the past 7 days shows that the Charlottesville real estate market has transactional volume sufficient to be swayed by even a few transactions. Moving Median Average for Charlottesville MLS - 30 Days Looking at the moving median home price for the Charlottesville MLS for the past year,we see the spike attributable to the housing tax credit and either what could be the bottom or the first dip. Moving Median Average for Charlottesville MLS - One year And now for the past five years: Moving Median Average for Charlottesville MLS - Five years And really, if you’re surprised by this drop, you haven’t been paying attention ; we’ve been seeing these trends in the Charlottesville housing data for quite some time . ” But no matter when one thinks summer ends, it’s already way past obvious that the Obama administration’s “Recovery Summer” has been and will end up being a big, fat, embarrassing failure. … Related News: Housing: No Longer A Sure-Fire Wealth Builder – The Big Picture The Impact Housing Inventory Has on Prices – Keeping Matters Current Housing Market Insight – Week of August 23rd – Bigger Pockets Blog Housing: Still Widely Misunderstood – The Big Picture Existing Home Sales Plummet 27& – The Big Picture Existing Home Inventory decreases 1.9% Year-over-Year – Calculated Risk Existing Home Sales lowest since 1996, 12.5 months of supply – Calculated Risk * You won’t find this data anywhere else.:) ** Charlottesville MLS = Charlottesville, Albemarle, Fluvanna, Greene, Nelson, Louisa …

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Can Crozet have Three Centers?

Downtown Crozet needs to do something to combat the challenges put forth by: – The 250 West Corridor – Anytime Fitness, Harris Teeter, medical and dental offices, restaurants, office space … residential housing … – Old Trail Village – ACAC Fitness, Trailside Coffee, restaurants, Augusta Medical facility, Advanced Center for Physical Therapy (awesome place – they helped me rehab my ankle after a soccer injury) … residential housing in Old Trail Village .

…A group that oversees planning in Crozet has endorsed a new concept to redevelop a lumber yard on the Square into a walkable and livable community similar to Charlottesville’s Downtown Mall. 


…“This is a very small scale, a version of that, but what it does create is the ability to have a gathering space and some place where people love to go [in] Crozet.” 
… “From [research and development] business to office space, restaurants, retail [and] some housing,” Roell said, “it will provide a variety of opportunities for people to locate their businesses, live, work, play and entertain each other.”

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Three Common Questions Homebuyers Ask – About Homeowner’s Insurance – Part One

I asked David Jenkins, who last wrote here about vacant homes and homeowners’ insurance , to answer three common questions that homeowners have. … Some insurance companies contract out the claims process, so if one has a claim, they may not even really deal with the insurance company themselves. One agent or company may just give out the company claims number, while another agent may initially handle the claim and even have authority to write a check to the homeowner. … Editor’s Note 2 : Knowing who to call is crucial and is yet another reason to work with a local agent; I would much rather call David or John or Mary in Charlottesville than call an 800 number.

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There Are (real estate) Deals To be Had in Charlottesville

Updated 2019. I updated this post as I no longer have the IDX plugin, the plugin that displayed listings.   Seriously. I know of a house in Crozet (foreclosure) that sold for under $150 and will be coming on the market – flipped – in a couple weeks. Another one that was originally listed well over $700k went under contract in the low-$400’s. Not every…

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Dear Albemarle County Schools: Why Not Accept Online Payments?

Pay to Play: One of the budgetary changes enacted this school year in Albemarle County schools is the “student activity fee” –

…The Athletic Fee Letter recently distributed to Western Albemarle High School parents notes the ways to make payments … bring the check or mail the check. … FALL COLLECTION NIGHTS Friday, August 13 (Football Scrimmage); 6:00 -7:00 at WAHS Stadium Wednesday, August 18 (Fall Sports Parents Meeting); 6:30 -8:00 at WAHS Cafeteria Thursday, August 19 (Open House); 6:30-7:30 at WAHS Cafeteria 2. Bring or mail directly to Western Albemarle Athletic Department: Western Albemarle High School Athletic Department 5941 Rockfish Gap turnpike Crozet, VA 22932

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