What Homeowners Could Learn From Developers

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 [...]

Parallel Lives

Keith Davis | April 13, 2009

I find photojournalism to be an amazing art. Folks who tell a story without words. A series of connected moments that move a reader (viewer?) by their force, while not even whispering a sound.
I just finished looking at 20 photos from Slate that are really powerful. These are photos from Camden, NJ and homes that [...]

The Changing Face of Builders

Keith Davis | April 1, 2009

I had a client in my car last week as we drove through Northern Albemarle County neighborhoods. We were talking about some of the new subdivisions that were being worked on, and we drove through at least one new neighborhood that was did not have any activity at all. As we pulled into Greene County, [...]

Case Shiller going down …. OFHEO going up???

Keith Davis | April 1, 2009

I just read an interesting post on SeekingAlpha that discusses the two “main” housing indices and the fact that one is up and one is down. Why the difference?
Take a peek here. Its interesting.
I’d love to think that the OFHEO is right, but I haven’t seen anything else to support that thought.
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Local Charlottesville Information

In the city of Charlottesville, inventory levels at the end of January fell below 9.5 months supply in all price categories except properties over $1MM.


About the author

Keith is a self diagnosed data geek. With an MBA from UNC (Kenan Flagler Business School) Keith finds himself always looking for empirical evidence to explain the market around us. He has worked representing buyers and sellers as well as local builders. His background is in start-up companies, from which he brings his desire to find new ways in which technology can improve the buying and selling process for his clients.He lives in the City of Charlottesville with his wife, Krista, and two young children.


W. Keith Davis
Nest Realty Group
ph - 434-953-9534
fax - 866-819-6516

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