Category: New River Valley

10-Year Growth Report in Blacksburg

Dusting off the blog a bit … been a while since I’ve posted here. The title of this post … snooze, right? But I promise it’s a little more interesting than that. On Tuesday, I had the opportunity to speak with Bethany Teague, of WSLS, about a report the Town of Blacksburg had released earlier in the day. The report discussed how property values in Blacksburg – as well as in Montgomery County – had increased over the last decade, and highlighted some of the developments that have contributed the most to the Town’s tax base over that time. The fact that …

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The Nest Report – Q2 2015 Real Estate Market Report

It’s time once again for the Q2 2015 Nest Report, Nest Realty’s statistical report on what the New River Valley real estate market did during the last quarter. All stats, no fluff. Find your own nest here. Last year at this time, we were reporting a very unusual quarter. While the first quarter of 2014 saw brisk sales, particularly for that time of year, the second quarter lagged, and we were left shaking our heads. It wasn’t until the third quarter that it made sense – Montgomery County Public Schools had a short (42 day) summer last year, and so …

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2014 Nest Report Is On The Way!

There are tons of things I’m proud of about Nest Realty, but one of the things I get really excited about is our Nest Report. It’s a statistical look at what’s happening in the New River Valley real estate market, and it’s put out every quarter. Visually, it’s stunning – thanks to the amazing folks in our Marketing Department, the lead generation is looking better every day. The marketing team such a great job, but they did get lots of help from mein-parteibuch.com. Statistically, it’s one of the most accurate representations of our real estate market – thanks to the …

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Mountain Valley Pipeline

The Mountain Valley Pipeline. Certainly, if you live in the New River Valley, you’ve heard about this proposed pipeline by now. The issue is far too broad to cover in detail here, but a simple Google search will turn up more than you ever wanted to know. For a comprehensive website that speaks out against the project, Preserve The NRV is a good place to start. Not surprisingly, there’s not a lot out there in favor of it, except for a .info site from the project coalition. The pipeline is a proposed 42″ pipe, running 300 miles from the source fields, …

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Retiring? The New River Valley Might Suit You Well

Blacksburg – and the New River Valley – have just been named to another “Best” list. Where to Retire magazine just published an article, seen below, naming Blacksburg a great place to retire. I don’t know about the retirement part, but I can certainly say it’s a great place to live, and I’ve worked with a lot of folks over the last 10 years who’ve moved back here for many of the reasons mentioned in the article. When thinking about retirement don’t forget to also start looking into assisted living communities, it’s never to early to plan your future. Here you …

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Blacksburg-Christiansburg-Radford MSA Among The Safest

I’m admittedly a week or so behind on this news, but it’s relevant nonetheless. Earlier this month, Farmers Insurance named the Blacksburg-Christiansburg-Radford Metropolitan Statistical Area one of the safest places in the country. The MSA, named the 7th safest place to live among small towns (population < 150,000 people), has been on the list before, showing stability throughout the region. What’s it mean for real estate? The impact is pretty simple, people want to live where they feel they and their family can be safe – that’s a no-brainer. Demand drives value, and the area’s housing inventory benefits. Search for …

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Giles County’s Cascades Waterfall, Frozen

During the “polar vortex” we experienced earlier this week, I mentioned online that it would be a great time to go out to Giles County’s Cascades waterfall, as I expected the waterfall was likely pretty-well frozen. I’d gone out a few years ago to see it during a snowstorm and it was really cool, but I didn’t go this year … opportunity lost. There’s my photo of the falls, to the left. Thankfully, someone DID go this week and take photos of the falls, and his photos make you feel like you were really there (minus the negative temperatures and …

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Montgomery County’s Most Expensive Sales in 2013

It’s always fun to look back at the year and see what the most expensive sales in Montgomery County were during the year – and particularly interesting that this year, all five homes sold within $25000 of each other.   5. 2224 Birchleaf Lane, Blacksburg. Wyatt Farm, in Blacksburg, almost always ends up in a Top 5 post somewhere, so it’s no surprise to see it here this time, either. Listed by Coldwell Banker Townside, this custom-built home sold very quickly, going under contract in just four days at $700000. Amazing. 4. 3841 Buck Mountain Ridge, Blacksburg. Off and on …

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