From the category archives:

Real Estate Statistics

Luxury Homes Days On Market Trend

September 30, 2014

According to Realtor.com,  sales of high-end and luxury homes nationally have improved from a year ago.  Their measurement began with a consideration of days on the market time for all price points at an average of just 82 days on the market.  Naturally, higher priced homes take a bit longer to sell because the pool of potential buyers dwindles […]

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Real Estate Market Report Second Quarter 2014

August 5, 2014

A bit late posting this, but here is the Second Quarter Charlottesville Area real estate market report.

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An MLS Gives Dollar Value For Sellers

April 23, 2014

When a Seller decides to sell, there are various ways to go about it.  Hire a Realtor and feature on their MLS?  For Sale By Owner and save the fee?  Limited Service listing and pay a fee-for-service?   All of these choices have worked for some sellers, depending upon their particular circumstances. But one of those choices will […]

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Central Virginia Real Estate Market Report First Quarter 2014

April 14, 2014

Despite the unusual winter, Charlottesville area real estate sales continued to stay steady and even improve in some areas. See the latest Charlottesville Area Association of Realtors’ first quarter of 2014 market report.

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Cost and Value of 2014 Home Improvements

April 10, 2014

If you could ask thousands of Realtors about which home improvements seem to really help a seller, you’d have a great cross-section of opinions based on firsthand knowledge.  Well that’s exactly what Realtor Magazine did.  And their most up-to-date responses might assist you in preparing your home for the today’s market. If you’re considering the addition […]

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Head Games About Tub Games

March 20, 2014

Over the years we’ve noticed that homebuyers have seemed divided … along generational lines … about the desirability of a bathtub in the master bath.   Granted, great looking tubs can always draw an ooh or an ahhh.   A clawfoot tub, a setting near scenic window views, a deep therapeutic tub, or an ‘organic setting’ with lots of candles […]

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Actual Comparison of Rent Vs. Buy

March 20, 2014

Go ahead and give it a try.  The NY Times has published a fairly sophisticated calculator so that you can compare the total costs of renting vs. buying over a number of years.   Unlike other calculators, this one takes into account whether home values will rise or fall, what is the cost of missed opportunities, […]

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New Construction in Albemarle County

March 18, 2014

Depending on how you want to crunch the numbers, new construction makes up anywhere from 10 to 15% of the Charlottesville real estate market when looking at the number of listings sold through the Charlottesville Area Association of Realtors. Of course, custom builds generally are not included in these numbers.  There are several new developments in […]

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Charlottesville Real Estate Tax Update

February 2, 2014

There are always people looking at this as either good news… or bad news.   Half full or half empty?   On the one hand, it’s nice to see ‘value’ rise in local properties.  On the other hand, who wants to pay higher taxes? Regardless, Charlottesville real estate tax information for the past year has been released,  new […]

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County Real Estate Taxes in Central VA

December 1, 2013

Each local county or municipality in Virginia sets its own real estate property tax rates.  The rates are measured as “cents per 100 dollars” of assessed value.  The City of Charlottesville sets its own rates, independent of its surrounding Albemarle County.  The county supervisors or commissioners can decide to change the tax rates by a […]

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