Not counting the posts I’ve written and saved as drafts and never actually posted (often times for very good reason), this is the 1000th post on this blog. What started during Christmas 2006 as an experiment suggested by a friend has turned in to something that I count as crucial to my understanding of the market and how to best explain it – sometimes poorly, I’ll admit – to the people I work with. I’ve been thinking for quite a while about how to acknowledge the 1000th post … it seems like a milestone of some kind.
Category Archives: Market Updates
The Truth – Or Speculation – Concerning New River Valley Real Estate in 2011
What’s the List Price to Sale Price Ratio in the New River Valley
I was sifting through recently closed sales the other day and noticed a property that had sold for its list price. While I certainly don’t have a problem paying full price for a good deal, when I looked a little more closely I noticed that the list price had been dropped to the sales price … on the same day that the closing took place. Someone emailed me later that day and asked me what the typical home in the New River Valley sold for relative to it’s list price. Well, if I used the example of the house mentioned above, 100%. Every property that goes on the market sells for every dollar of the list price … but you and I know that’s probably not the case.
Townhouse & Condo Sales Figures Through September
What’s the Average (and Median) Sales Price of a House in the New River Valley?
Admit it. We’re always comparing ourselves to each other in some way … it’s human nature. That’s what my therapist tells me, anyhow, and for what she charges hourly she ought to know.
My Mistake – Here’s The Real Look at the New River Valley Real Estate Market
I’ve spent the morning working on Activity Reports for my listings – they’re a look at a very refined, specific price point for each listing, and shows what’s happened in the New River Valley market in that price point during the last month. One of the things I found interesting was just how different our market is right now. While the Activity Report looks at a very specific section of the market, I also wanted to know what real estate had been doing across the entire residential market … the numbers were surprising.
Four Things To Watch For In New River Valley Real Estate
Ever wondered just how high real estate climbed in the 2000’s? There’s a graph for that (with added text by yours truly):
New River Valley Real Estate Activity through June 10 2010
This morning, I posted on Twitter that I was at a closing …
What’s Your Best Guess For Real Estate in 2010?
I’ve been doing a lot of real estate reading lately – more than usual – as I begin preparing the year-end review for 2009. Of course, everyone has a “forecast” for 2010, but these seem to me to be “best guesses”. So I’m wondering …
“Around The Property” – By Sarah Cox, The Roanoke Times 12/20/09
Sarah Cox of The Roanoke Times recently did a piece reflecting on the real estate market in 2009 – it looks like it’s going to be a multi-part story, below is copy of the first part. Images embedded are my own, taken from the Virginia Employment Commission website.