Afordability Index

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 [...]

SEC Oversight

Keith Davis | February 27, 2009

Originally Published Dec 12, 2008
I read today about an author who has been screaming the demise of the housing market for quite some time. He has written a book about the Housing Bubble and now has a new theory. Realtors should be watched by the SEC the same way Financial Analysts are. Hmmm… The idea [...]

Update on Short Sales

Keith Davis | February 26, 2009

Originally Published July 7, 2008
As I reported last week, there were a total of 14 short sales listed for sale out of 3,687 listings as of last week. I found it interesting to see that today, the National Association of Realtors projected that out of the projected 4.99 million existing home sales that will take [...]

VOWs and Real Estate

Keith Davis | February 26, 2009

Originally Published on May 28, 2008
Earlier this week, the National Association of Realtors and the Department of Justice came to a settlement regarding access to the Multiple Listing Services or MLS’s around the country. The case centered around Realtors denying access to an MLS by non-full service brokers who typically discount their fees. One of [...]

Was That Good News I Heard

admin | February 26, 2009

Originally Published March 24, 2008
Today, the NAR (National Association of REALTORS) released numbers for February. Against all pundits’ best projections, the numbers beat the Street. Despite low consumer confidence and a shaky credit climate, the numbers for home sales in February were up 2.9%. While the growth is hardly considered epic in its greatness, it [...]

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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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