Keith Davis | April 15, 2009
I remember sitting in one of my development classes and wondering what my professor was talking about with land holding costs and development projects. The scenario was this: A family owned development firm buys a 50 acre tract for $500,000 and holds it for 25 years, at which time the next generation of leadership in [...]
Category: Pricing, Real Estate, Selling |
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Tags: Buyers, Consumer Confidence, Pricing, Selling, Values
Keith Davis | March 30, 2009
I had a professor in B-School who at the end of a class session would, as students began coming to the conclusion that he wanted all along, remark, “I love it when a good plan comes together.” … I argued that sellers should fight with the County / City to raise their assessed value when they go to sell their house as this will provide a higher baseline.
Well, I have a reader who did just this.
Category: Charlottesville, Pricing, Real Estate, Selling |
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Tags: Accuracy, Albemarle, Assessments, Charlottesville, City, Data, Pricing, Selling, Value
Keith Davis | March 1, 2009
Originally Posted February 17, 2009
To understand how Dual Agency has come about, one needs to think just over a decade back two decades to the days where every real estate agent worked for the seller. There were numerous reports done that showed that most buyers thought their agents worked for them, but they were wrong. [...]
Category: Buying, Innovation, Negotiating, Nest, Real Estate, Selling |
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Tags: Agency, Charlottesville, Commissions, Listing, Nest, Representation, Selling
Keith Davis | February 28, 2009
Originally Published February 1, 2009
I was reading The Bubble Blog as I do most days, and as normal there were various comments that readers made that I thought were interesting, insightful, and sometimes spot on. But there are also the comments that make me think for a while and say, “Why?” In general, readers of [...]
Category: Charlottesville, Pricing, Real Estate, Selling |
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Tags: Bubble, Bubble Blog, Charlottesville, Foreclosure, Median Prices, Pricing, Sales, Short Sale, Trends, Value, virginia
Keith Davis | February 28, 2009
Originally Published January 31, 2009
Recently, I had the privilege of being on the local news discussing the tax assessments for the City of Charlottesville. While we spoke for ten minutes on the camera, they aired only about 15 seconds of thoughts. There was much I wanted to say, and much that I think needs to [...]
Category: Charlottesville, In the News, Pricing, Real Estate, Sales Data, Selling |
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Tags: Assessments, Charlottesville, News, taxes, Values