Everyone's talking about a real estate market crash, but is Charlottesville truly facing the same fate as other volatile markets?

In this episode, I cut through the noise and deliver a candid, data-driven look at our unique local housing situation. I argue that the widely predicted 'crash' isn't likely to materialize here. Why? Because the single most critical factor—a surge of distressed home sellers forced to liquidate—simply isn't present in our area right now.

I analyze the local inventory, demand drivers, and economic factors that are acting as a strong buffer, keeping prices stable even as interest rates fluctuate. If you're a homeowner, a hopeful buyer, or an investor, you need to hear this reality check. Stop waiting for the bubble to burst and start understanding the specific dynamics that dictate Charlottesville home values.

Listen to find out:

• What makes the Charlottesville market so resilient.

• The actual number of distressed listings it would take to cause a major price shift.

• Why national trends don't always apply locally.

In today's episode we look at the new zoning ordinance that will change the landscape of Charlottesville for years to come. This will drastically change the way homes are bought and sold in the city and will hopefully make homes more affordable.

Residential Zoning in all of Charlottesville can now have up to 3 dwelling units on the property or 4 units if the original home remains. What do you think of the changes? Are you for or against Charlottesville changing these zoning rules?

New Zoning Map - https://experience.arcgis.com/experience/60ea5d313ba4436eb8f481bc6f06abee/page/Page/

Zoning Rules PDF -

https://drive.google.com/file/d/1l-9bDM3dRQguKKsSicUFU575izH-CpJP/view

Love is in the air! It's February and Valentine's day is just around the corner. These are 5 places that I LOVE in Charlottesville. What are your favorite places? I would love to know!

As Always, Like and Subscribe for more content. It means the world to me to get this podcast going, so any reviews would be much appreciated!

Craig Massie

Avenue Realty Crozet

434-227-6917