-- Most Charlottesville luxury homebuyers have purchased an average 2.5 homes before moving to Virginia and money is usually a problem for them when it comes to purchasing their next property. The typical problems these type of homebuyers are their jobs, their kid’s not wanting to leave their friends, and will the Charlottesville schools good. However, then Covid-19 entered in March, and now the work problem has disappeared. Most people now as a result of the pandemic work from their homes. .
Almost everyone thinking of living in Charlottesville does so because of friends and family talking it up. With enough enthusiastic accolades about living in Charlottesville from their friends, overcoming the kid’s objections can usually be achieved by offering the children some they couldn’t have where they currently live for whatever reason. For instance, a child living in a smaller home in a major city may not be allowed to have their own pony because of the limited space on the property. However, a Charlottesville luxury home may have ample space to raise and house a pony.
As for the quality of the Charlottesville and Albemarle County schools homebuyers only need to do a little research. They will be pleasantly surprised as Charlottesville is a cosmopolitan city with highly educated residents and the city is loaded with American history, arts and culture.
For more information about the Charlottesville realestate market, those interested can contact Charlottesville real estate agent Toby Beavers by calling 434-327-2999. Toby Beavers realtor can also be reached by visiting his website at https://tobybeaversrealtor.com and submitting the online contact request form.
“Buying a Charlottesville luxury home today is not a bad idea after all. Mortgage rates are at an all-time low. But you do not want to end up in a position where you are rushing to buy a house. People are acting like it is their last chance. But it is not their last chance. There will always be luxurious houses on the market as long as the market stays strong,” says Toby Beavers, a top Charlottesville luxury realtor and industry veteran for 20 years. “The Charlottesville luxury homes market saw an amazing 10% increase in sales from Dec of 2019. And many Charlottesville luxury realtors are still seeing bidding wars as the luxury housing markets which includes luxury Charlottesville single-family homes, Charlottesville luxury condos, and Charlottesville luxury townhouses are still booming especially with more people coming out from the big cities. We are seeing a lot of cash offers, and many waive their financing contingencies altogether, which is a new phenomenon for our market.”
The Charlottesville Luxury Homes Outlook
The Charlottesville luxury markets will stay strong providing:
1) Every resident gets their COVID-19 vaccinations no later than April.
2) Mortgage rates stay where they are at.
3) And President Biden is able to govern unobstructed by the GOP.
Charlottesville Luxury Homes Forecasts for 2021
1) Sales of Charlottesville luxury homes will increase by 1% over last year.
2) Rising Charlottesville luxury home prices will price-out buyers needing loans but not be a hindrance to the all-cash buyers.
3) New luxury Charlottesville home construction will increase by 10% but there will still be a shortage in the Spring of 2021.
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