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Real Estate Price Range Report October 2007 Williamsburg VA data from WAAR MLS - 11/21/07 01:30 PM
For additional Info contact John Womeldorf/ Liz Moore & Associates 757 254 8136
John@MrWilliamsburg.com email
www.MrWilliamsburg.com/ website
www.MrHamptonroads.com/ website
www.MrTidewater.com/ website
www.MrVaBeach.com/ website
Williamsburg Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH
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Home sale data from Williamsburg Virginia - 11/21/07 01:20 PM
For additional Info contact John Womeldorf/ Mr Williamsburg/ Liz Moore & Associates 757 254 8136
John@MrWilliamsburg.com email
www.MrWilliamsburg.com/ website
www.MrHamptonroads.com/ website
www.MrTidewater.com/ website
www.MrVaBeach.com/ website
Williamsburg Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH
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Why we like living in Williamsburg VA - 11/19/07 11:57 AM
Voted one of the Top 5 Best places to retire by Money Magazine, ( although I am no where near retirement age)Good neighbor passes to Colonial Williamsburg, Grand Illumination at Christmas, Great Wolf Lodge, Farmers Market on Duke on Gloucester Street, Kimball Theater, Williamsburg/ James City County School System, Colonial Parkway from Jamestown to Yorktown ,Williamsburg Winery/ Wedmore Place ,Dinner at Chownings Tavern/ Fat Canary/ Blue Talon ,Desert at the Trellis " Death by Chocolate" Capital to Capital Bicycle Trail, Muscarelle Museum of Art Dewey Decibel Concert Series at the Williamsburg Library Theatre, Golf at Golden Horshoe Golf Club, Williamsburg National, Stonehouse, Kiskiak, … (0 comments)
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Mr Williamsburg.com Neighborhood statistics for Williamsburg/ James City County Communities - 11/13/07 08:30 AM
I have listed the number of homes currently listed for sale in the following communities as well as the current price ranges . These figures are as of October 2007. If you would like sales statistics for any neighbor hood in Hampton Roads to include Williamsburg, James City County, York County, New Kent, Hampton, Newport News, Poquoson, Isle of Wight, Suffolk, CHesapeake, Va Beach, Norfolk or Chesapaeake. I can send you a report that will show listed price and sales price, days on the market and other relevant information. This can give you a better feel for the market if you … (0 comments)
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Mr Williamsburg.com How is the Real Estate Market in Hampton Roads ? - 11/10/07 05:51 AM
We have fielded many calls over the past few weeks from clients, friends and associates curious about what's going on in the real estate market. So, I thought I would take a moment and share my insights here.Real estate is a very "local" phenomenon. Unfortunately, the news media generally is not. Accordingly, consumers are influenced by national stories that may or may not apply to our local market.Here is some good news: "Hampton Roads had the fifth lowest rate of home foreclosures out of the 100 top metropolitan areas in the first half of 2007. The ranking comes from Irvine, California … (0 comments)
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Mr Williamsburg.com Positioning your home/ Listing in a Buyer's Market - 11/09/07 08:12 AM
In a market with so much inventory (absorption rates on the Virginia Peninsula are currently at 6.3 months), how does a seller differentiate their listing from everyone else's? I recommend that sellers think of their property as a product; just like a product on the shelf in the grocery store. Buyers don't care how much you paid for it, or what your new home is going to cost; instead, they are going to make their purchase based solely on comparison. Is your house the BEST VALUE for the money, compared to the other houses that are available?The first differentiator is PRICE. … (0 comments)
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Mr Williamsburg.com Should I hire a realtor to sell my home ? - 11/09/07 08:09 AM
Very, very few people are qualified to sell their home without the help of a real estate professional. And, unfortunately, many people who believe they are saving money... aren't. In fact, they may be surprised at just how much it's costing them to go it alone.
Here are some of the reasons that a professional Realtor is invaluable:
1) Pricing in this market is tricky. Setting a price on your home takes an insightful analysis of not only past sales, but current pending sales. Many for sale by owners are actually over pricing their properties right now, because they don't have … (0 comments)
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Mr Williamsburg.com Principal residence capital gain exclusion - 11/05/07 05:18 PM
For the vast majority of sellers the basic rules apply and are fairly straightforward: if a seller makes a profit on the sale of their home and they have lived there at least two years in the past five, they will be able to exclude much if not all of their capital gain ($250,000 individual; $500,000 married filing jointly). Note the amounts refer to the gain, or profit, not to the sales price of the home. Note also that profit is not necessarily (indeed almost certainly not) the same thing as the amount of seller proceeds shown on the HUD-1.
Basic Rules
Sellers … (0 comments)
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Mr Williamsburg.com "Should I wait to buy a home" ? - 11/05/07 10:45 AM
In 1984, interest rates were 14%, and the market was much different than it is today. I've attached a chart ( courtesy of Mortgage X.com) that displays rates over the past 37 years, because it really helps to put our current market into perspective. I'd also like to share some insights that were posted on a mortgage banking blog that I follow, which I found very interesting!
Out of the past 442 months, which dates back to the beginning of 1971 or almost 37 years, there have only been 69 months where the average 30 Year Fixed Mortgage has been offered at less … (0 comments)
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Mr Williamsburg.com Foreclosures in Williamsburg, Newport News, Hampton, VA Beach, Norfolk, Chesapeake, Suffolk and surrounding Hampton Roads VA Communities - 11/04/07 08:30 AM
FOR For Sale In Williamsburg, Newport News, Hampton, VA Beach, Norfolk, Chesapeake, Suffolk and surrounding Hampton Roads VA Communities, FORECLOSURES AND BANK OWNED PROPERTIES. REO LISTINGS.Foreclosed homes for sale offer an opportunity for a home buyer to buy a home that is discounted in price. Some of the foreclosures need cosmetic repairs and are sold "as is", meaning the selling bank will not make repairs. However, if you are willing and able to redecorate after settlement, you will benefit by the "sweat equity". There are fifty four foreclosed homes for sale in the Hampton Roads area ready for occupancy and priced … (0 comments)
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Mr Williamsburg.com New Williamsburg Va retirement communities - 11/04/07 07:56 AM
The Villas at Five Forks is a quaint village of just 90 homes offering the finest in upscale condominium living. The award winning homes are designed to offer residents quality, single story living with a variety of condominium services. There are four models available that offer two or three bedrooms. All feature a two car garage as well as a garden patio or veranda. Pre construction pricing starts in the low $330's
Within the neighborhood are a heated pool and community center with a fitness room. Services provided with home ownership include lawn mowing, fertilization and weed control, landscape maintenance, snow removal … (0 comments)
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John Womeldorf REALTOR Mr Williamsburg.com ABR, E-Pro
Williamsburg,
VA
More about me…
Mr Williamsburg/ Liz Moore & Associates
Address: 5350 Discovery Park Blvd., New Town, Williamsburg, Va, 23188
Office Phone: (757) 254-8136
Email Me
A current update of the Williamsburg and Hampton Roads VA Real Estate Market where I will post news of sales data, neighborhood information, statistics, new home construction data and announcements
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