Is it Better to Rent or Buy in the Current Market Climate?
It has actually been less expensive to buy a home in Hampton Roads than to rent since 2009. Last year, the median monthly rent for a 3 bedroom Hampton Roads home was $1454 per month, while a...
Selecting an SRES REALTOR
What is an “SRES?” That’s a great question! SRES stands for Seniors Real Estate Specialists, who are local REALTORS (here in Williamsburg, Newport News and Hampton, VA) uniquely qualified to...
Mariners' Museum - the Pride of Newport News
One of the largest maritime history museums in the country, the Mariners' Museum is the pride of Newport News. In addition to the permanent exhibits with rare figureheads, handcrafted ship m...
Multiple Offers…Again!
I never thought I would be saying this so soon, but the current pace of the local real estate market feels once again like 2004 – 2005. I hear stories every day about multiple offers on list...
No Mortgage Payments. No Qualifying. No Kidding!
Sound too good to be true? It’s not. It’s a Reverse Mortgage, a unique type of FHA mortgage product designed for seniors aged 62 and up.
Where are the Hot Spots in the Real Estate Market?
The local real estate market, while faring significantly better than most parts of the country over the past 5 years, has been far from “hot.” As prices have declined to their pre-boom value...
The Benefits of Being a Distressed Property Investor
Yes, you’re reading it correctly. No, it’s not what you think. This is the term classifying investors that are making a dent in the housing market by purchasing a short sale, a pre –foreclos...
Months Supply of Inventory Suggests a Balanced Market on the Peninsula
The amount of active listings (detached and attached homes) on the Peninsula for the month of March (Hampton, Newport News, Poquoson and York County) are down 10% compared to March 2012. Thi...
Months Supply of Inventory in Williamsburg Drops for the 4th Straight Month
Active listings on the market in the Greater Williamsburg area (23185, 23188, and 23168 to include the City, James City County, and Toano areas as well as some of upper York County) are at t...
Attention For Sale By Owners: 10 Ways a REALTOR Can SAVE You Money – Part 2!
Last week, we learned 10 Ways a REALTOR can For Sale By Owners money. Here are 10 more:
Attention For Sale By Owners: 10 Ways a REALTOR Can SAVE You Money!
According to a recent study by the National Association of Realtors, only 9% of homeowners sold their homes nationally last year without the aid of a REALTOR. There is a very good reason for...
What are the HOTTEST Selling Neighborhoods in Williamsburg?
Based on sales activity (closed sales) for the past 12 months, this is a list of the hottest selling communities in Williamsburg:
Living History at Lee Hall Mansion
Built between 1851 and 1859, Lee Hall Mansion was home to affluent planter Richard Decauter Lee. One of the last remaining antebellum homes on the Virginia Peninsula, Lee Hall offers visitor...
Help - I Need to Downsize and I Don't Know Where to Begin!
So, you've made the decision to downsize--you've thrown out all the old plastic Cool Whip and yogurt containers, recycled the mountains of newspapers and magazines, sent the family heirlooms...
Are You Searching for a 55+ Community?
Check out our exclusive online digital magazine created especially for Savvy Seniors! Liz Moore & Associates has reinvented real estate again by delivering an online version of tradition...
Which Sells Better…a Vacant or a Furnished Home?
I am often asked, “is it better to sell my home furnished, or vacant?” Like so many real estate questions, there is not a “one size fits all” answer – it really depends on the situation.
The Settlement at Powhatan Creek
As far as Active Adult Communities in Williamsburg, the Settlement at Powhatan Creek is one of the most popular. The natural, relaxed setting has dedicated 70% of its 225 acres to green spac...