First Time Buyers & Downpayment Options
38% of recent homebuyers under age 30 used either a cash gift from family or an inheritance in order to afford their downpayment. Ready to buy your first home? Click here to get started!
68.7% of American Homeowners Have Either Paid Their Mortgage Off or are Sitting on 50% Equity
Did you know that 68.7% of all American homeowners have either paid their mortgage off in full or are sitting on 50% equity?
Market Talk with Liz: Third Quarter 2022
Welcome to Market Talk! I'm Liz Moore, President of Liz Moore & Associates, and today we’re going to talk about what’s happening in the local real estate market. It has been a crazy few ...
'Black Friday' in Real Estate?
Did you know that the week of Sept. 22 is the best time to buy a home in the U.S., according to data released by realtor.com? Forty-one out of 53 markets in the U.S. reported that buyers see...
Liz's Crystal Ball for the Peninsula Housing Market
2016 was a solid year for local real estate. Here on the Peninsula, closed sales finished up 9.5% for the year, with pending sales up just under 10% in December, which is activity higher tha...
Richmond Sees Dramatic Rise in Sold Price to List Price Ratio
In the Central Virginia Region, sold price verses list price trends yielded a 96.7% ratio, up from last year's 79.7% (November 2015), a dramatic 21.27% upswing.
Williamsburg Real Estate Sales Up Year Over Year
Closed Sales in the Greater Williamsburg real estate market are up 4.6% over 2015.
Average Days on Market in Williamsburg
The average number of days on market in the greater Williamsburg are housing market (23185, 23188, 23168) is 55 days. That means that homes are selling in less than two months!
Months Supply of Inventory Drops to 3.06 in Richmond
The supply of inventory in the Greater Richmond area has dropped to a low 3.06 months. This benchmark reflects the number of months it would take to exhaust active listings at the current sa...
Supply of Inventory on the Virginia Peninsula Creeps up Slightly
The supply of inventory on the Virginia Peninsula has crept up from 5.3 months to 5.5 months, which is not an unusual trend as the summer winds down.
Profile of Home Buyers and Sellers: For Sale By Owner Sellers
The National Association of REALTORS recently released some highlights from their 2015 Profile of Home Buyers and Sellers, with a section devoted to for sale by owner sellers. Did you know:
Williamsburg Sees a 6% Increase in Average Sales Price
The average sales price in the greater Williamsburg marketplace (23185, 23188, 23168) jumped 6% to $341,958 in June, which is great news for local sellers. Average sales price year over year...
97.9% Median Sold Price to List Price on The Peninsula
The Peninsula housing market has slowly gained momentum all year, especially in the lower price points.
98.3% Median Sold Price to List Price in Willaimsburg
The Williamsburg housing market has slowing gained momentum all year, especially in the lower price points.
Latest Census Estimates Show Population Changes on Peninsula and in Williamsburg
The U.S. Census Bureau released its population estimates from April 2015 - July 2015 for much of Virginia, including many of our local cities and counties.
Closed Sales in Greater Williamsburg are Up 2%
Closed sales in the Greater Williamsburg real estate market are up 2%!
Inventory Drops to a Five Month Supply on the Peninsula
A steadily declining supply of inventory has led to a robust Spring market on the Virginia Peninsula (REIN MLS areas 101-112).