The Liz Moore Market Watch Blog

Let's See Those Photos of Your Favorite Places This Month!

Posted by Lynnette Tully on Wed, Aug 08, 2018 @ 11:00 AM

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The Liz Moore Love Where You Live Photo Contest is highlighting photos in the "Special Places" category during the month of August.  Submit your photos at www.lizmoore.com/love and we'll select winners from that category at the end of the month.

Remember, this year's overall photo contest will run through October 15, 2018, and at that time we will select the grand prize winners.  We will be awarding prizes such as an iPad, Busch Gardens Season Passes, cash, and more!  

Thank you for showcasing why you love where you live!
                                                                                       
                                                                                            (Icy James River, Photo Credit: Amber Krug)

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Tags: Locals - 101 Reasons, lizlocal, lizlocal-Richmond, lizlocal-Williamsburg, lizlocal-Peninsula

New Construction in the Heart of Hanover

Posted by Lynnette Tully on Mon, Jul 30, 2018 @ 03:37 PM

Madison Estates

Liz Moore & Associates is delighted to announce that it has been selected by NK Homes  as the exclusive marketing agency for Madison Estates in Hanover. Team Hensley will be the exclusive sales team representing the community.

Madison Estates is a luxury development consisting of 1-2 acre, open lots. An equestrian lover’s delight, a custom stable is situated in the center of the development. Located nearby are horseback riding and walking trails and large community spaces. Neighbors enjoy seclusion, yet they are only minutes from Richmond.         

Madison Estates is in its final phase with only 10 homesites remaining. “When you buy in Madison Estates, you’re not only buying a great piece of land, you’re buying great peace of mind and serenity. You can’t put a price tag on that,” says Catie Burnett, New Homes Coordinator for Liz Moore and Associates. “With their upscale style and elegant craftsmanship, NK Homes has really captured the heart of Hanover in this community. It’s truly a rare opportunity.”

Learn more about this special new community at www.lizmoore.com/madisonestates.  For more information about Madison Estates or to arrange a visit, contact Jana Mills at 804-909-9570 or email janamills@lizmoore.com  for a brochure.

Tags: New Homes, Richmond, lizlocal-Richmond, Hanover

The Love Where You Live Photo Contest is Back!

Posted by Lynnette Tully on Fri, Jul 20, 2018 @ 02:45 PM

Capture-15

We had so much fun a few years ago with the Liz Moore Love Where You Live Photo Contest that we've decided to do it again! 

Who doesn’t love to take photos of the things that make them smile?  Whether you know your way around a sophisticated camera, or you just enjoying taking photos of your cat with your iPhone, we’d love for you to enter!  

Enter photos in categories such as Recreation, Community, Pets, Special Places, and more. 

The photo contest will run through October 15, 2018, and at that time we will select the grand prize winners.  Over $4,000 in prizes will be awarded including an iPad, Busch Gardens Season Passes, cash, and more!  We will also be running “mini contests” each month – stay tuned for details.

Enter as many times as you’d like!  Visit lizmoore.com/love to enter and to view our photos entries so far.

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Tags: Locals - 101 Reasons, lizlocal, lizlocal-Richmond, lizlocal-Williamsburg, lizlocal-Peninsula, relo-williamsburg-local, relo-peninsula-local, relo-richmond-local, relo-williamsburg-news

A Trip to the Waterpark Makes for a Perfect Summer Day

Posted by Lynnette Tully on Thu, Jun 07, 2018 @ 11:33 AM

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With temperatures heating up, we’re all looking for places to cool down.  Waterparks are the perfect place for the whole family to cool off together and have some fun.  Luckily, there are many options just a short drive away, making a trip to the waterpark the perfect summer day trip!

The largest and best-known water park in Virginia is Water Country USA.  The 43-acre park has state-of-the-art water rides and resort-style amenities. From water thrill rides and giant slides, to lazy rivers, a giant wave pool, and multiple children’s splash areas, there is truly something for everyone at Water Country.  Live entertainment, restaurants, souvenirs, cabanas, and locker rentals are available for guests.  Admission is $60 for guests over 3 years old.  

Kings Dominion is a theme park just north of Richmond in Doswell featuring thrill rides and roller coasters as well as a water park called Soak City, all included with your admission ticket.  Soak City is a 20-acre water park featuring two wave pools, a lazy river, thrilling water slides, an interactive splash pad for children, and more.  Cabana and locker rentals are available, along with several food choices and souvenir shops.  Admission for guests over 48 inches tall is $68.00 and junior/senior prices for those under 48 inches is $46.00. 

Ocean Breeze Waterpark is located in Virginia Beach and features over 30 rides, slides and attractions.  Features include a one million-gallon wave pool, a lazy river, many body and float slides, and many slides and areas for small children including two water play structures.  Cabanas, lockers, four eateries and three snack spots offering treats like slushies and dippin’ dots.  Cabanas and sunbrellas are available as well as locker rentals and souvenirs. 

Cobblestone Park (formerly known as Overhill Lake) in Glen Allen is a large pool/waterpark with over one million gallons of water, fun water slides, anchored floats, waterfall mushrooms, and sand beaches with 20-foot-wide umbrellas and picnic tables. Admission is $15 per person for a day pass, and children 32 inches and under are free.  

Hadad’s Lake, located in Richmond, is a swimming lake and picnic ground that offers something for everyone.  The water is filtered and chlorinated with a sandy bottom. There are two shallow 0-4 ft. deep and one large 15 ft. deep swimming areas that include rope swings and the super launch, “The Blob.”  There is also a three-acre lake for fishing and row boating, seven pavilions, 12 gazebos, several hundred picnic tables with umbrellas around the swimming and lake areas, a basketball court, sand volleyball courts, horseshoe pits, 18 hole mini-golf, two children’s playground areas, and a clubhouse.  Guests are asked to bring their own life jackets if they have them as the Lake only carries a limited number and they are required when using the inflatables.  Children one and under are free, all others are $14.00 per day.

H2OBX covers 80 acres and is located three miles north of the Wright Memorial Bridge, the northern gateway to the Outer Banks.  Resort style amenities are available including 50 private cabanas with luxury service. Four food and beverage outlets, lockers, and Wi-Fi are also among the conveniences.  The waterpark has more than 30 waterslides, pools, and attractions for visitors to enjoy.  Guests can ride the waves on a FlowRider, float along an adventure river, body surf in two wave pools, and experience a 1,000-gallon bucket dump, in addition to an array of traditional rides and attractions. A large younger children’s area is also available featuring a pirate-themed aqua play structure with over seven slides including the Champagne Bowl body slide, and five other kid’s body and tube slides.  Admission for those over 42 inches is $41.99, children under 42 inches are $29.99, and children age 2 and under are free.  

Maui Jack’s Waterpark just opened in May 2018 in Chincoteague. Visitors can enjoy brand new waterslides and floating on the lazy river.   Cabanas, locker rentals, concessions, and souvenirs are available.  Full and late day passes are available.  Full day rates for children under 47 inches are $17.99, $22.99 for adults and those over 48 inches, and seniors 65 and older are $19.99.  

Many parks offer online discounts, military discounts, group rates, coupons, and season passes.  To learn more, visit each park’s website for detailed information.

Waterparks...just another reason why we love where we live!

Tags: Locals - 101 Reasons, lizlocal, lizlocal-Richmond, lizlocal-Williamsburg, lizlocal-Peninsula

Treasure Hunting for Incredible Deals on Furniture

Posted by Lynnette Tully on Fri, Apr 27, 2018 @ 01:54 PM

Green Front Furniture is one of the nation’s top 100 furniture resellers with locations in Virginia and North Carolina. The original and largest location is spread over several blocks of downtown Farmville, Virginia (population 6,845), a small town along the Appomattox River about an hour south of Charlottesville in Central Virginia.

Greenfront

Green Front comprises 15 buildings of furniture, including four renovate 1840s tobacco warehouses, and six main street storefronts, stocked to the brim with fine home furnishings, rugs, imports and accessories. This sprawl of no-frills buildings has no air conditioning in August, or heat in January. That's one reason the prices of high-end sofas, beds, tables, lamps and mirrors are so low.

Green Front draws fervent fans from hundreds of miles away including many interior designers. It’s not unusual to see license plates from South Carolina and Delaware, or diplomat plates from Washington, D.C. Green Front has even draw many international shoppers (Green Front ships all over the world) with some customers flying private jets to the tiny Farmville airport, but luckily Green Front is an easy day trip from our area.

Many dedicate an entire day to the unforgettable experience of exploring Green Front as it has more in common with a scavenger hunt than it does with the typical trip to the local furniture store. Massive brick warehouses, towering piles of rugs, mazes of furniture - Green Front is a vast, discount furniture utopia waiting to be explored.

The operation began many years ago when Richard Cralle, Sr. bought Green Front Grocery. Richard passed the store down to his son, Dickie, (Richard Cralle, Jr.) who, after graduating from nearby Hampden-Sydney College in 1965, decided to try the furniture and rug business and switched from dry goods to home goods, and Green Front Furniture was born.

Cralle started buying up abandoned department stores, historic warehouses and gas stations on Main Street in Farmville, a once-thriving tobacco town. Over the years, Cralle’s real estate empire has turned Main Street into a tourist attraction for shoppers attracted by discounted home furnishings.

Rugs make up about 35 percent of the operation’s sales, and they are the main attraction for many customers within a 500-mile radius. Cralle says his discounts are 40 to 50 percent off what he calls “usual retail price” because he and his buyers go directly to global rug weavers, to broadloom mills in Georgia and to furniture makers in North Carolina and pay cash.

His overhead is notoriously low. The 90 employees wear shorts in the summer and coats in the winter. There is no catalogue or online buying, no evening or Sunday hours. Forget carefully staged room settings. Here, burlap
bales of rugs clog the aisles, and insulation sticks out of the walls. In the infamous Rummage Pile, hundreds of 2-by-3-foot or 3-by-5-foot Orientals are priced at $30 to $100 and tossed in a Filene’s Basement-style jumble.

Visiting Green Front can be a bit overwhelming so it’s helpful to prepare yourself. This shopping scavenger hunt will put your perseverance to the test, but if you endure you will be rewarded with fine furnishing at fabulous discounts!

Your exploration will be primarily self-guided, with a Green Front Field Guide mapping the way and helping you find specific styles and manufacturers. Be sure to pick one up upon arrival, you can’t shop Green Front without it! Some other items that are helpful to bring on your shopping expedition are a tape measure, fabric and paint samples to find complimentary pieces to your existing furniture and wall color, and of course your walking shoes!

All of that shopping and walking will certainly work up an appetite. Downtown Farmville has many
delicious dining options, a few of our favorites are Charley’s Waterfront Café, Fishin’ Pig, Walker’s Den,
and Uptown Coffee Café.

If not everyone in your party is interested in shopping there are many other opportunities for exploration and fun. Nearby you’ll find High Bridge Trail, the slow-flowing Appomattox River, Longwood and Hampden-Sydney Colleges, museums, and bed and breakfasts.

In the same way, Green Front captivates its visitors with its wide selection of rugs and furniture, Farmville captivates visitors with its small-town charm and variety. So, plan a day trip to Green Front Furniture for a fine furniture scavenger hunt and be sure to enjoy Farmville while you’re there.

For more information, visit www.greenfront.com.

 

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Tags: Locals - 101 Reasons, lizlocal, lizlocal-Richmond, lizlocal-Williamsburg, lizlocal-Peninsula

2018 Cupcake Wars was a Sweet Success!

Posted by Lynnette Tully on Tue, Feb 27, 2018 @ 11:40 AM

28166914_10156021617104223_4936194321738580410_n.jpgThank you to all who helped make this year's Cupcake Wars fundraiser the most successful yet!!  In just three hours we raised a total of $7,857 for CHKD and The Leukemia & Lymphoma Society.

Cupcake Wars is an annual fundraiser for Liz Moore and Associates, so be on the look out for when the 2019 date is announced!

CHKD and L&LS...just another reason why we love where we live!

Tags: Locals - 101 Reasons, Community, lizlocal, lizlocal-Richmond, lizlocal-Williamsburg, lizlocal-Peninsula

Richmond Real Estate Market Predictions for 2018

Posted by Lynnette Tully on Tue, Feb 20, 2018 @ 03:25 PM

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Tonya Morrow, Managing Broker of our Richmond office, shares what she sees happening in the Richmond real estate market in 2018.

2017 was a solid year for local real estate. Here in Richmond, closed sales finished up 8.13% for the year, with pending sales up over 8%, which indicates a strong start to 2018. Much like last year, we did not experience the typical holiday slowdown, which also bodes well for sales activity in the New Year, despite some early snow events in January.

We are entering 2018 with just over 1.5 months of active inventory, and homes selling, on average, in only 37 days. That is good news for sellers who are priced properly and in good condition, or for prospective sellers who are thinking about diving into the market. Nationwide, most markets are experiencing inventory shortages, which is the single biggest factor keeping a lid on the number of sales.

Prices showed a steady increase during the past 12 months, with the average sales price in Richmond finishing up at $282,257.

Here is what I see in the coming 12 months:

Consumer confidence has been our biggest challenge in recent years, especially during the contentious presidential election. With that now behind us, activity levels have definitely regained momentum. Record activity in the stock market has also translated to increased real estate interest.

My expectation is that there are many sellers who have been waiting for more favorable market conditions to list – and that will continue to happen as we move toward Spring. We have seen a significant jump in new listings over the past few months, signaling that wise sellers recognize the importance of beating the competition to the Spring market.

As prices continue to climb due to the inventory shortage, consumers will realize that moves need to be made ASAP in order to take advantage of an 8 year streak of historically low rates and home values. It’s important to note that the market can shift quickly, and it will not surprise me to see a highly competitive Spring season for homes selling below $500,000.

Interest rates will begin a slow and steady climb this year. Interest rates have been perplexing over the past 12 months. Most predicted the inevitable ascent would begin as the economy gained steam, but rates remained lower than predicted, most likely because the feds were hesitant to do anything that might inhibit the momentum of the recovery.

I believe that 2018 will be the year that interest rates incrementally increase, but the question remains by how much and how frequently. The good news is that this is a sure sign of a strengthening economy, but the bad news is that each hike raises the bar on home affordability. My prediction is that this will add some urgency to the market this year, particularly in the lower price ranges.

Prices will finally begin to show improvement in many neighborhoods. Prices are neighborhood specific, and some areas are definitely improving faster than others. The overall Richmond market appreciated just over 6% in 2017, and I expect that trend to continue into 2018.

If a home purchase is on your New Year resolution list, buy early in the year, as interest rates have a much greater impact than most realize. For instance, waiting for prices to drop 5% to save $12,500 on a $250,000 purchase may cost you an extra $225 per month in payments; if rates increase from 4% to 5.5%, then your payment increases from $1194 to $1419. For most buyers, the affordability index of monthly payments is a more critical consideration.

We were fortunate to be a part of the Richmond Real Estate Market. Your support and referrals are much appreciated, and we promise to deliver the extraordinary client experience that has become our hallmark!

*All stats based on Broker Metrics for REStats CVRMLS, Richmond Metro all home sales in 2017

If you are looking to buy or sell a home this year, email us at info@lizmoore.com.  We'd love to help!

Tags: Buyers, Sellers, Richmond, lizlocal, lizlocal-Richmond, relo-richmond-news

Savoring Richmond's Craft Breweries

Posted by Lynnette Tully on Tue, Jan 09, 2018 @ 03:33 PM

beer.jpgThe craft brewery boom has beer lovers everywhere hopped up, and Virginia is no exception.

The Commonwealth boasts 206 breweries, 13th most in the nation. They produced nearly 300,000 barrels of traditional and wildly innovative brews last year. That’s part of an explosion that’s seen U.S. craft breweries triple in number to more than 5,000 in just five years.

Not coincidentally, 2012 is also when Virginia’s General Assembly passed Senate Bill 604 allowing breweries to sell beer and their patrons to drink it on-site. That’s translated into an amazing 486-percent increase in Virginia breweries.

Craft breweries, though, are so much more than high-ceiling warehouses cranking out lagers, stouts, porters and IPAs with cool labels and catchy names. Craft tasting rooms have become modern cultural centers, warm and welcoming community hubs - family and often dog-friendly - that are fun, vibrant boosts to their town's quality of life.

Shadowed by looming stainless steel tanks where the hops, yeast and water join forces, tasting rooms thrive now as special-event venues, trivia parlors, music halls, food-truck and corn hole fests, even yoga studios.

Craft breweries and beer tourism add over $9 billion to Virginia’s economy, according to Gov. Terry McAuliffe, who calls Virginia “a premier destination for craft brewers and consumers from all over the world.”

Craft brewing is a collegial world in its own right. It thrives on the principal that all who brew are colleagues, not rivals, inspiring each other to greater creativity and beer innovation.

We’ll drink to that!

Here are just a few of our favorites for relaxed, beersavoring good times with friends in and around Richmond, a nationally acclaimed hotbed of craft breweries:

Center of the Universe Brewing Co.
11293 Air Park Road, Ashland
COTU recently celebrated five years of brewing in the heart of central Virginia. Founded by brothers Phillip and Chris Ray – Chris pitched in the major leagues for six seasons – the brewery features four year-round brews: Ray Ray’s Pale Ale, Chin Music Amber Lager, Pocahoptas IPA and Slingshot Kolsch. Enthusiastic former home brewers, the Rays use traditional, all-natural methods to brew their ales with whole ingredients. They’ve created a comfortable and friendly tasting room - food can be brought in or ordered for delivery - with plenty of space and two dozen options on tap.

Speaking of plentiful, COTU frequently holds Plant Nite, where horticulturally inclined patrons can get their gardener on while sampling the fruits of the Rays’ labor.

Hardywood Park Craft Brewery
2408-2410 Ownby Lane, Richmond
It’s true destiny that childhood friends Eric McKay and Patrick Murtaugh teamed to open Hardywood Park in
2011. McKay worked in the craft beer industry for years, becoming a recognized expert, and Murtaugh comes from three generations of brewmasters. They named their own brewery after an Australian sheep ranch familiar to them both. Business is definitely hearty: Hardywood has expanded to Charlottesville and is set to open a brand-new brewing facility in Goochland in 2018.

The owners’ expertise has produced one of Virginia's top rated and most awarded breweries. Hardywood complements its flagship Singel, Pils and VIPA with a staggering number of seasonal, barrel, pilots and “brewer
and artist series” offerings.

Stone Brewing Richmond
4300 Williamsburg Avenue, Richmond
Craft-beer aficionados know that Stone rocks. Competition was fierce among cities a few years ago for California-based Stone’s East Coast brewery and distribution center. Richmond’s sky-rocketing craft-brew scene won out.

The evidence is Stone’s striking 220,000 square-foot brewery and company store, part of the Fulton neighborhood's revival. Stone also has plans in the work to build an RVA version of its Southern California World
Bistro and Gardens next door.

IPAs are Stone’s trademark game. It brews six different varieties for year-round enjoyment as well as an impressive menu of seasonals, special releases and collaborations.

Brewery tours are popular, but just relaxing in the comfortable, picnic-table filled tasting room fronted by a
family-friendly patio is fun, too. Pay attention getting to Stone, though: there is no outdoor signage, so it’s easy to drive past the parking-lot entrance.

Veil Brewing Company
1301 Roseneath Road, Richmond
Despite operating only 1½ years, Veil fans rave that their favorite place is among the best and busiest craft
breweries on the East Coast. Located in the Scott’s Addition neighborhood, the cushy tasting room is already famous for a cool vibe and very welcoming service. Veil draws high marks for all facets of its operation, not the least of which is a pair of its most delicious flagships - Master Shredder, a wheat IPA, and double IPA Crucial Taunt.

Co-owned by brewer Matt Tarpey, Veil in fact was named the third-best new brewery – in the world! – by
RateBeer.com. Make a note to yourself: Must. Visit. Veil.

Interested in finding more things to do in and around Richmond? Subscribe here to our blog as we post ideas frequently.  You also can purchase a copy of Liz’s recently published book, 101 Reasons to Love Living in Richmond, in either paperback or e-book version by clicking the button below.

Purchase "101 Reasons to Love Living in Richmond"

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Tags: Locals - 101 Reasons, Richmond, lizlocal, lizlocal-Richmond, relo-richmond-local

Our Latest Book is Now Available: "101 Reasons to Love Living in Richmond"

Posted by Lynnette Tully on Fri, Dec 01, 2017 @ 04:30 PM

cover-2-1.jpgAs you might imagine, at Liz Moore & Associates we are enthusiastic advocates of living in Richmond and its surrounding communities.  We have the best of all worlds:  four distinct seasons with just enough snow in the winter to have fun; long, lazy summers, and SPECTACULAR springs and falls.  We have great schools, plenty of history and culture, and are convenient to just about everything…the beach, the mountains, Washington DC, and much more.

Who knows the insider secrets of this dynamic area better than the best REALTORS in town?  We’ve compiled 101 of our favorite things about living Richmond and are excited to announce the release of our latest book, 101 Reasons to Love Living in Richmond.

The hard part of writing this book was to narrow it down to 101 reasons to love living here.  It would be impossible to include everything, and so we tried to stick to our favorite things.  I’ve we’ve missed something, please don’t hesitate to email us at RVA@lizmoore.com, and we’ll consider adding it to the next edition. 

You can download the electronic version for free, or purchase a hard copy for $5, at lizmoore.com/101.

Now, grab a highlighter, and pick out some fun things to do this weekend!

Purchase "101 Reasons to Love Living in Richmond"

Tags: Locals - 101 Reasons, Richmond, lizlocal, lizlocal-Richmond, relo-richmond-local

What's New in the Market?

Posted by Lynnette Tully on Fri, Oct 13, 2017 @ 11:15 AM

We are seeing a lot of encouraging statistics coming out of our three markets!

An increase in homes sold on the Peninsula:

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An increase in median sales price in Williamsburg:

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And a drop in days on market in Richmond:

RVA_Infographic_October2017.jpg

It's a great time to buy and sell!  If you are thinking about making a move, email us at info@lizmoore.com and we'll be happy to put you in touch with an agent who specializes in your area. 

Tags: Buyers, Sellers, Richmond, lizlocal, lizlocal-Richmond, lizlocal-Williamsburg, lizlocal-Peninsula