The Liz Moore Market Watch Blog

Mark Twain and the Magnificent Mystery House

Posted by Lynnette Tully on Tue, May 16, 2017 @ 02:24 PM

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Last week, Liz Moore & AssociatesTim Parker and Cyril Petrop hosted 65 members of the Williamsburg Symphony League and their guests for an Encore Affair to benefit the symphony.

The event was hosted at 160 John Browning in Kingsmill, a spectacular, one of a kind home overlooking Wareham’s Pond.

Mark Twain (an actual descendant of Samuel Clemons) regaled the sold out audience with tales of life and adventures on the river, while they enjoyed a wine bar and light h’ors doeuvres on the screened porch.

Rumor has it that Twain is interested in the house due to its unique architecture and perch high atop the pond, so if you’re interested in seeing it for yourself, you had better hurry!

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Tags: Locals - 101 Reasons, Kingsmill, Williamsburg

Pink Elephant Sale to Benefit the Williamsburg Symphony Orchestra League

Posted by Lynnette Tully on Tue, Apr 04, 2017 @ 12:45 PM

LMA_elephant-logo-2-1.jpgShop our third Pink Elephant Sale on Saturday, April 29th from 10-2 at 2861 Bennett's Pond Road in Williamsburg’s Governor's Land neighborhood.  Come find treasurers of gently used clothing, accessories, jewelry, furniture, and more.  All to raise money for the The Williamsburg Symphony Orchestra League!

Donations of fine clothing and furnishings will gladly be accepted! Volunteers will be standing by at 2861 Bennett's Pond Road on Friday, April 21st and Saturday, April 22nd from 9am - noon to collect your items. 

Email us at pinkelephant@lizmoore.com for more information.

Tags: Williamsburg, Community

Kids - Want to Win Tickets to Carnival of the Animals in Williamsburg?

Posted by Lynnette Tully on Tue, Mar 21, 2017 @ 03:17 PM

ecycler-crayons.jpgShow us your coloring talent!!  Kids...enter our coloring contest and you could win tickets to the Williamsburg Symphony Orchestra's Carnival of the Animals concert taking place at the Williamsburg Community Chapel on April 29th at 3pm.

You can download the coloring page here, or pick one up at our New Town office (5350 Discovery Park Blvd.).

Download the Coloring Page

Return your entry to our office making sure the artist's name and age, as well as an email address, is on the coloring page.

The winners will be decided on April 14th and all entries will be on display at the concert.  

Carnival of the Animals - a variety of animal-themed musical pieces will enchant the audience with artist Bob Oller and dancers from Virginia Regional Ballet interpreting the music. A whimsical classic written over 150 years ago, Carnival of the Animals includes 14 movements representing different animals, including a lion, donkey, and elephant, as well as fossils, an aquarium and an aviary. The music will also be accompanied by the poems of Ogden Nash narrated by Elisabeth Reiss.

Local art...just another reason why we love where we live!

 

Tags: Locals - 101 Reasons, Home Page, Williamsburg

2017 Real Estate Market Watch: sell your home quickly & for top dollar in a complex real estate market

Posted by Lynnette Tully on Mon, Mar 20, 2017 @ 02:18 PM

verena.jpgCome join Williamsburg experts on Thursday, March 23rd at 3pm for a panel discussion including a Q&A session to get your questions answered by area experts!

Liz Moore & Faith Heinen of Liz Moore and Associates
• Walt C. Zaremba of Zaremba Center Estate Planning & Elder Law
Mike Rock of Nationwide Insurance
• Jerry Sullivan of Door to Door Solutions

This event is being held at Verena at the Reserve, Williamsburg's premiere 55+ community.

Please RSVP to Verena at 757-345-2995 by Monday, March 20th.

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Tags: Seniors, Home Page, Williamsburg, verena

Shamrock the 'Burg 2017

Posted by Lynnette Tully on Thu, Mar 16, 2017 @ 02:28 PM

shamrock_01_png_by_clipartcotttage-d7979dj.pngLooking for a way to celebrate St. Patty's Day?  Check out the Kiwanis Club of Williamsburg's Shamrock the 'Burg.  This event is sponsored by ESGI and features live Irish music by The Donnybrooks, corned beef and cabbage, Guinness Draught and Harp Lager.

Shamrock the 'Burg will be held at the Williamsburg Community Building on Friday March 17, 2017. Doors open at 5:30pm. $10 cover, $5 drinks, $5 plates. 21 and over event. Proceeds benefit Avalon, Bacon Street, Dream Catchers and Home for Good, a United Way program.

Visit www.WilliamsburgKiwanis.org for more information and tickets.

Shamrock the 'Burg...just another reason why we love where we live! 

Tags: Locals - 101 Reasons, Williamsburg

Julie Casey Helps to Raise $110,000 at Dancing with the Williamsburg Stars

Posted by Lynnette Tully on Tue, Mar 07, 2017 @ 04:13 PM

IMG_7807.jpgJulie Casey, agent in the Liz Moore Williamsburg office, competed in "Dancing with the Williamsburg Stars" on Saturday, March 4th at Phi Beta Kappa Hall on the Campus of William and Mary.

In total, this event raised $110,000 for Big Brothers Big Sisters and Literacy for Life! Thank you to everyone who supported Julie and all of the other dancer's in this year's event.

Julie was born and raised on the Eastern Shore and moved to Hampton Roads 23 years ago! She is an Associate Broker with Liz Moore & Associates and specializes in residential real estate sales in Williamsburg, Virginia. Julie is the proud Mom to son Mason, currently studying film and photography in Los Angeles, California, and daughter Cora, a sophomore and Honor Role student at Lafayette High School.

Julie is honored to be invited to participate in Williamsburg Dancing with the Stars and looks forward to raising lots of money for Big Brothers Big Sisters and Literacy for Life.

She is appreciative of the support and encouragement she has received from the Williamsburg Dancing with the Stars committee, family, friends, co-workers, and the “Real Stars”, those truly on the front line of these worthy programs who make a huge impact on the lives of so many each year!

Julie would like to thank the community for supporting these amazing organizations. She is honored to be a part of the cast this year and hopes to see you there! Your contribution is greatly appreciated!

Dancing with the Williamsburg Stars...just another reason why we love where we live!

 

Tags: Locals - 101 Reasons, Home Page, Williamsburg

Julie Casey, agent with Liz Moore & Associates, Dancing to Benefit Big Brothers Big Sisters and Literacy for Life

Posted by Lynnette Tully on Fri, Feb 17, 2017 @ 10:44 AM

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Julie Casey, agent in the Liz Moore Williamsburg office, is competing in "Dancing with the Williamsburg Stars" on Saturday, March 4th at 7pm.  The event is being held at Phi Beta Kappa Hall on the Campus of William and Mary, and all proceeds go to Big Brothers Big Sisters and Literacy for Life.

Three ticket options are available:
*VIP Package($115.00 per person): mingle with the Stars during a pre-show,5:30, cocktail reception at The Muscarelle Museum, then enjoy premier seating for the event and unlimited drinks during intermission. *Only a limited number of VIP package tickets will be sold*
*General Seating 1 ($60.00 per person): View the show from a floor level seat.
*General Seating 2 ($35.00 per person): View the show from a balcony or floor level seat.

Click here to purchase tickets.

If you are unable to attend the event, you can still support Julie by making a donation (click here).  Every little bit helps!

Julie was born and raised on the Eastern Shore and moved to Hampton Roads 23 years ago! She is an Associate Broker with Liz Moore & Associates and specializes in residential real estate sales in Williamsburg, Virginia. Julie is the proud Mom to son Mason, currently studying film and photography in Los Angeles, California, and daughter Cora, a sophomore and Honor Role student at Lafayette High School.

Julie is honored to be invited to participate in Williamsburg Dancing with the Stars and looks forward to raising lots of money for Big Brothers Big Sisters and Literacy for Life.

She is appreciative of the support and encouragement she has received from the Williamsburg Dancing with the Stars committee, family, friends, co-workers, and the “Real Stars”, those truly on the front line of these worthy programs who make a huge impact on the lives of so many each year!

Julie would like to thank the community for supporting these amazing organizations. She is honored to be a part of the cast this year and hopes to see you there! Your contribution is greatly appreciated!

Dancing with the Williamsburg Stars...just another reason why we love where we live!

Tags: Locals - 101 Reasons, Williamsburg

Liz's Crystal Ball for the 2017 Williamsburg Housing Market

Posted by Liz Moore on Thu, Jan 26, 2017 @ 04:04 PM

Crystal Ball.jpg2016 was a solid year for local real estate. Here in Williamsburg, closed sales finished up 6.4%
for the year, with pending sales up over 10% in December, which is activity higher than we
typically see during the holidays. The New Year has started off with a bang, which I believe is
indicative of another strong year for our market.

We are entering 2017 with only slightly over 4 months of active inventory, and homes selling, on
average, in only 50 days. That is good news for sellers who are priced properly and in good
condition. The exception here is the luxury market, where sellers need to be significantly more
patient – there is currently 10 months of inventory priced at $750,000 and up.

Prices remained remarkably steady during the past 12 months, with the median sales price in
Williamsburg hovering right around $300,000 for most of the year.

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 behind us, activity levels have definitely regained
momentum.

My expectation is that there are many sellers who have been waiting for more favorable market
conditions to list – and that should begin to happen as we move toward Spring. We saw a 30% jump in
new listings in December, signaling that wise sellers recognize the importance of beating the
competition to the Spring market.

As prices begin an inevitable rise, consumers will realize that moves need to be made ASAP in order
to take advantage of a 7 year streak of historically low rates and home values. It’s
important to note that the market can shift quickly, and the pendulum is likely to continue its
swing toward lower inventory levels, creating a more competitive environment than we’ve seen
in recent years.

Interest rates will begin a slow and steady climb this year.
Interest rates began their inevitable ascent in the final quarter of 2016, and we are expecting at
least 2 more increases in 2017, according to our friends in the mortgage industry. 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.

We recently got some great news for home buyers as FHA lowered mortgage insurance premiums, and
Fannie Mae and Freddie Mac are now offering low down payment mortgage products (3%) in order to
compete with their government counterparts. That, combined with underwriting restrictions which are
finally beginning to ease, should encourage first time buyer activity that has been priced out of
the market.

Prices will finally begin to show improvement in many neighborhoods.
Prices are neighborhood specific, and some areas are definitely improving faster than others. I
expect the market to continue to trend toward more normal appreciation rates in 2017 and beyond.
My overall message here remains the same as last year: 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 participate in 1 out of every 6 home sales in greater Williamsburg in 2016,
insuring our position as the #1 agency in the local 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 WMLS, 23188, 23185, and 23186 residential home sales in
2016.*

If you’re a seller who has been wondering if it might finally be time to sell, email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.

How Much is My Home Worth?

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Tags: Home Sale Statistics & Trends, Williamsburg

Williamsburg Real Estate Sales Up Year Over Year

Posted by Lynnette Tully on Thu, Dec 08, 2016 @ 04:01 PM

Capture-11.jpgClosed Sales in the Greater Williamsburg real estate market are up 4.6% over 2015. 

It looks like the year will finish strong, with positive trends in each of the key benchmarks.  2017 promises to be another great year for Williamsburg real estate!

*Statistics are from the Williamsburg Multiple Listing Service, and are based on January – October 2016.

If you’re a seller who has been wondering if it might finally be time to sell, email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.

How Much is My Home Worth?

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Tags: Home Sale Statistics & Trends, Williamsburg

Do You Have Too Much Stuff?

Posted by Lynnette Tully on Wed, Nov 30, 2016 @ 02:47 PM

pink.jpgWe would LOVE to help you simplify your home…AND benefit the Williamsburg Symphony at the same time!

Our first ever Pink Elephant Upscale Sale was a huge success earlier this year in March, raising over $2800 to benefit the Williamsburg Symphony Orchestra League.  It was so successful in fact, that we are planning ahead to make our next sale even Bigger and Better!

We have our next sale scheduled for December 10th from 10-2 at 5309 Hillside Way in Williamsburg’s Lake Powell Point neighborhood, so we are in full gear collecting gently used items to insure that we have lots of great stuff to sell. 

Volunteers will be standing by at 5309 Hillside Way on Friday, December 2nd and Saturday, December 3rd from 1-4pm to collect your items.  We are happy to arrange pick up for generous donations of furniture or larger items.   We will provide receipts for tax deductions.  Our best sellers were definitely furniture of all sorts, lamps, jewelry, art and kitchen items.

Please help us get the word out...if you or your friends or family are downsizing or moving, (or, just need to de-clutter!!), contact thepinkelephant@lizmoore.com to coordinate a pick-up or delivery.   

Please take a walk through your home and see if you have any gently used treasures that it's time to part with...for a wonderful cause of supporting Williamsburg's Own Symphony!

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Tags: Locals - 101 Reasons, Williamsburg, Community