Keith Davis | March 3, 2009
Last week, William Lucy (author of the Safety in Our Cities study) and Jeff Herlitz have issued a new study on Foreclosures and the economy. The UVa professors put forth that as much as 66% of the total losses in real estate in 2008 occurred in California, and 21 percent from Florida, Nevada, and Arizona. [...]
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 [...]
Keith Davis | February 28, 2009
Originally Published January 31, 2009
I just saw an article from the NY Times that was addressing the affordability of housing across the nation. Click the follow through for the chart and some explanation. Interesting numbers. Could be very positive for the outlook.
Granted, these numbers come from the National Association of Realtors, who I try to [...]
Keith Davis | February 28, 2009
Originally Published January 4, 2009
Cars are now Buy One Get One Free, so why not houses. Over the past year, that is almost what we have seen. I was talking with an agent in my office on Friday about a listing of his that was six or seven months old. It was for a nice [...]
Keith Davis | February 27, 2009
Originally Posted December 19, 2008
I suppose that this isn’t really an early Christmas Present, but it is a special issue of my Wrap Up, and it is coming right before Christmas, so Merry Christmas!
I have been looking for the last month or so at our sales numbers at CAAR. As most of my readers are [...]
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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.
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.
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