Thursday, November 13, 2008

My blog has moved !

I have now combined all of my blogging efforts onto my Wordpress blog which can be found at http://www.williamsburgsrealestate.com/
If you need to reach me you can email me at John@MrWilliamsburg.com

Search for property at http://www.mrwilliamsburg.com/


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

Wednesday, September 03, 2008

Chesapeake VA Real Estate " Builder Closeout/ New Construction








Builder Gone Crazy!
Last Home At Fernbridge in Chesapeake, VA. !
Don't Miss This 3480 Square Foot Home For Only $369,900!!!!!
$100,000 in Savings!






The Jefferson was $469,900
NOW $369,900
This 3480 sq ft home features 4 bedrooms, deluxe master bathroom, den with glass french doors, and optional bonus room with fireplace. Pre-wired for surround sound and plasma TV in family room, and optional wall ovens in kitchen. And so much more!
You can still choose flooring and countertops

Centrally located between the Greenbrier Shopping Center, Great Bridge Lock Park, Tidewater Community College, and only seconds away from the Intracoastal Waterway, this exclusive eight-unit community is the Jewel of the Elizabeth River.
These majestic homes built on a crawl feature brick front facades, nine-foot ceilings on both the first and second floors, and dramatic entrances, which can include full front porches and balconies.

Exterior Features
Low Maintenance Exteriors
Designer Selected Exterior Colors
Crawl Space with Brick Skirt and Brick Fronts
Premium Beaded Siding
Architectural Vinyl Shake Accents (certain models)
Architectural Trim Accents
Maintenance Free Vinyl Shutters (certain models)
30 Year Architectural Profile Shingles
Metal Wrapped Cornice
Vinyl Soffits & Porch Ceilings
Gutters and Downspouts Front and Rear
Decorative Raised Panel Metal Garage Doors with Decorative Detail Windows
Security Deadbolts at Entry Door
Hose Connections at Front and Rear
Weather Proof Exterior Electrical Outlets
Underground Utilities
Sod in Front Yards, to Rear Line of Building
Professionally Landscaped Front Yard
Kitchens and Baths
Custom Design Armstrong Cabinets in Kitchen and Baths (42" wall cabinets in kitchen)
Custom Color Laminate Countertops in Kitchen
Delta Single Lever Faucets in Kitchen
Double Bowl Stainless Steel Sink with Separate Sprayer
Kenmore Self Cleaning Range, Microwave and Dishwasher
1/2 HP Garbage Disposal
Ice Maker Hook Up
Pedestal Sink and Designer Oval Mirror in Powder Room
Adult Height Vanities in Full Baths
Cultured Marble Vanity Tops in Bathrooms
Double Bowl Sink in Master Bathroom
Shower Door in Master Bathroom
Interior Features
Shell White Paint on Walls and Ceilings with White Trim and Doors
Fully Hung and Painted Garages
Mediterranean Influenced Textured Walls and Ceilings
2-pc Crown in Foyer
2-pc Crown and 2-pc Chair Rail in Dining Room
9-Foot Ceilings First and Second Floors
Lever Style Interior Door Hardware with Upgrade Finish (Ant. Nickel)
Brushed Nickel Lighting Fixtures
Structured Wiring (Main Access Panel, Voice/Data Telecom Module, Video Distribution Module, and Multi-Ports with RG-6 Broadband Coax and CAT-5e Network Cable)
Ceiling Fan Pre-Wire in Master Bedroom and Family Room
Telephone Pre-Wire in Kitchen, Family Room, and Master Bedroom
Cable Pre-Wire in Family Room and Master Bedroom
Pre-Wire for Security at First Floor
Pre-Wire for Garage Door Opener (per door)
Custom Designed Closets with Ventilated Shelving
Gas Fireplace with Slate Surround and Hearth
Classic Painted Mantle
Ceramic Tile or Pre-Finished Hardwood in Foyer
No-Wax Vinyl Flooring in Kitchen, Baths, and Laundry Room
6 lb. Rebond Carpet Pad
Wall-to-Wall Carpeting Throughout Remaining Areas
Energy Efficient Features
13 Seer Energy Efficient Central Air Conditioning~2-Zone HVAC System
High Efficient Gas Heat and Hot Water Heater (50 gallon)
Polyseal Foam Air Infiltration Barrier
Air Infiltration Barrier Housewrap
Insulated Energy Efficient Vinyl Windows with Screens
Insulated Energy Efficient Doors~High Impact Fiberglass at Front Door
Builder reserves the right to change prices, plans, components and specifications, and to withdraw or modify any plan, without notice. Extra cost options and decorator items may be shown in models or in illustrations. Individual homes may vary from the models, or from each other, depending on field conditions.
Warranties
Extended Ten Year 2-10 Warranty
Complete "Customer Care" Dept. with One Year Warranty Service
For further information or a personal tour of Fernbridge or other New Home Communities in Chesapeake, Va Beach, Norfolk, Isle of Wight, Suffolk, Newport News, Portsmouth, Newport News, Hampton, Williamsburg, James City, New Kent, Gloucester or York County Virginia

contact:
John Womeldorf/ REALTOR
Liz Moore & Associates 757 254 8136

John@MrWilliamsburg.com email
www.MrWilliamsburg.com/ Williamsburg VA Real Estate website
www.MrBurg.com Williamsburg Va Real Estate website
www.MrHamptonroads.com/ Hampton Roads Va Real Estate website
www.MrTidewater.com/ Tidewater VA Real Estate website
www.MrVaBeach.com/ Va Beach Va Real Estate website

Williamsburg Real Estate Resource. Search for Homes & Land for sale in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

Friday, August 29, 2008

Braemar Creek Condos Williamsburg Va on the Williamsburg National Golf Course


Here are a few pictures of the Braemar Creek Condos in Williamsburg / James City County VA. Offering town home style condos starting in the low $200's. There is a 5% builder down payment grant available to qualified home buyers until Oct 1, 2008.
Braemar Creek is surrounded by the Williamsburg National Golf Course. Nearby is the Capital to Capital Trail for walking/ biking/ running as well as the site historic Greensprings Plantation. Garage models are now available. Starting in the $250's. The community offers a clubhouse, tennis courts, swimming pool, exercise room and playground exclusively for homeowners use.

The Eagle Glen at Braemar Creek is a 3-bedroom 2 ½-bath home that includes a 1st floor master suite, eat-in kitchen, a screened porch facing Williamsburg National Golf Course ,and a garage. Features include a large open loft area plus a bonus room, which could be used as the 4th bedroom.





Golf Course Town Home style Condos at Braemar Creek in Williamsburg VA






The Aberdeen model at Braemar Creek offers one level living at its finest! This corner home has 2-bedrooms, 2-baths, a spacious eat-in kitchen and a garage. This home features an open floor plan, 9-foot ceilings and expansive windows for enjoying an abundance of light and lovely views of the Williamsburg National Golf Course.









Fall in love with the Braemar Model this spacious 3-bedroom, 2-bath, “penthouse style” home. The many features of this home include a huge eat-in kitchen, large living area for entertaining, fabulous master suite, a garage, and a fantastic sun room allowing for year round views of the woods and Williamsburg National Golf course.





























The Elmwood Model at Braemar Creek This 2-story home offers 3-bedrooms, 2 ½-baths an exceptionally large screened porch directly on the Williamsburg National Golf course and a one car garage. If you love to cook and entertain, then this is the home for you. A surprising “gourmet” kitchen that features a center-isle sink and a bar, opening into a spacious family room.


The Bonney Bridge is a second floor, “tree house” home located on the corner it has 3-bedrooms, 2-baths, plus a one car garage for additional storage.. The screened porch gets you “back to nature” as an added bonus, you will be able to relax and enjoy the beautiful views of Williamsburg National Golf Course and the sites and sounds of the local wildlife.
For further information or a personal tour of Braemar Creek Condos, Liberty Crossing, Whitehall, Westgate, The Mews, Villages of Powhattan, New Town, High Street, Kingsmill, Fords Colony or further information about relocation, moving retiring , golf course homes, real estate , homes, communities, developments, neighborhoods or building lots in Williamsburg, James City, New Kent, Gloucester or York County Virginia
contact:
John Womeldorf/ REALTOR
Liz Moore & Associates 757 254 8136
John@MrWilliamsburg.com email
www.MrWilliamsburg.com/ Williamsburg VA Real Estate website
http://www.mrburg.com/ Williamsburg Va Real Estate website
www.MrHamptonroads.com/ Hampton Roads Va Real Estate website
www.MrTidewater.com/ Tidewater VA Real Estate website
www.MrVaBeach.com/ Va Beach Va Real Estate website

Williamsburg Real Estate Resource. Search for Homes & Land for sale in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH
CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va

My other area Real Estate and Information Blogs for Hampton Roads/ Tidewater/ Williamsburg Virignia and surrounding areas
Williamsburg Real Estate Blog II
Williamsburg Real Estate Blog
Williamsburg Happenings/ Events Blog
What’s My Home Worth in Williamsburg VA ? Click here to find out…



Monday, August 04, 2008

Hampton Roads named #1 for High Impact Firms

A study just released by the U.S. Small Business Administration’s Office of Advocacy (SBA)
ranks Hampton Roads #1 in the country with the highest percentage of “high-impact” firms when
compared to other large metropolitan regions. High-impact firms are defined in the report as
rapidly growing firms, accounting for almost all employment and revenue growth in the economy
although they represent only between 2% and 3% of all business firms.
“Having a higher percentage of rapidly growing companies than North Carolina’s Research
Triangle, Washington DC or Silicon Valley in California is a strong indication of the vibrant
technology-based industries growing here” says Rick Lally, CEO of Oceana Sensor and
Chairman of the Hampton Roads Technology Council (HRTC).
Released at the International Council for Small Business 2008 World Conference held in late
June in Canada, the SBA study High-Impact Firms: Gazelles Revisited defines high-impact
firms as those whose sales have at least doubled over a four-year period, analyzing the 1994 to
2006 period. To illustrate: over the 1998-2002 time period, the average size of high-impact
firms in the 1-19 employee firm-size class increased by 534%, the 20-499 firm-size class
increased by 322% and the 500-or-more class increased by 221%.
The study ranks regions, states, Metropolitan Statistical Areas, and counties by their percentage
of high-impact firms, also known as “gazelles”. The study finds that high-impact firms contribute
to the majority of overall economic growth and documents also, over the periods studied, that
nearly all job losses came from low-impact firms that are also large in size.
“The Hampton Roads economic development organizations have proactively partnered with the
private sector to enhance the defense and homeland security industry which resulted in the
creation of the Defense and Homeland Security Consortium (DHSC) in 2005”, according to
Warren D. Harris, Director of Virginia Beach Economic Development. “The Hampton Roads
area has a robust defense and security sector, and it is imperative the private and public sector
work in a concerted effort to address the issues that affect these firms and undertake initiatives
to expand this sector.”
DHSC volunteers are comprised of officials from the sponsoring city’s economic development
departments, educational institutions, workforce development organizations, federal contracting
industry professionals and organizations. DHSC has aggressive goals adopted to improve the
industry to benefit the entire community and support increased growth of local companies.
For example, each spring since 2005, DHSC has collaborated with Tidewater Community
College (TCC) to bring the "Navigating Business with the Federal Government" Seminar
Series to South Hampton Roads. The Peninsula Council For Workforce Development
(PCFWD) has joined with DHSC to bring the same 9-week series to the Peninsula starting this
fall, offering sessions by senior executives from successful local companies to share their
experience on what made them, and their companies, achieve their success.

One of the newest initiatives of the consortium, led by Catherine Giordano, CEO of Knowledge
Information Solutions and Co-chair of the DHSC, is collaborating to improve education and
training opportunities available in Hampton Roads for current and potential employees of the
federal contracting industry.

For further information about golf course real estate , homes, communities, developments, neighborhoods or building lots in Williamsburg, James City, New Kent, Gloucester or York County Virginia contact:
John Womeldorf/ REALTOR
Liz Moore & Associates 757 254 8136
John@MrWilliamsburg.com email
www.MrWilliamsburg.com/ Williamsburg VA Real Estate website
http://www.mrburg.com/ Williamsburg Va Real Estate website
www.MrHamptonroads.com/ Hampton Roads Va Real Estate website
www.MrTidewater.com/ Tidewater VA Real Estate website
www.MrVaBeach.com/ Va Beach Va Real Estate website

Williamsburg Real Estate Resource. Search for Homes & Land for sale in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH
CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va

My other area Real Estate and Information Blogs for Hampton Roads/ Tidewater/ Williamsburg Virignia and surrounding areas
Williamsburg Real Estate Blog II
Williamsburg Real Estate Blog
Williamsburg Happenings/ Events Blog



Friday, March 28, 2008

Mr Williamsburg Real Estate Update Condominums in Toano





You’ll discover the pleasure of townhome-style condominium living in the ideal location, Weatherly at White Hall. With easy access to Interstate 64 Williamsburg, Newport News, Hampton and even Richmond Virginia. As part of a White Hall master-planned community you will have a choice of activities that includes, tennis courts, hiking and biking trails and swimming pool, all centered around the charming community center created from a 1852’s farmhouse. Weatherly at White Hall offer homeowners an amazing opportunity to find their perfect home in a fantastic location, and at a great price!
These are the base prices: Marston $185,000 Goddin $209,900 Kohlman $218,900
Pierce $229,900
For additional Information about this or any development in the Williamsburg/ James City County, New Kent, Gloucester, or York County area please contact:
John Womeldorf / REALTOR
Liz Moore & Associates
757 254 8136 phone
Williamsburg VA. Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH
CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va including Virginia Beach, Norfolk, Chesapeake, Isle of Wight, Newport News, Hampton, Portsmouth, Poquoson, York, Gloucester, Yorktown, Smithfield and surrounding areas of Virginia

Tuesday, March 25, 2008

View live traffic camers in Hampton Roads Virginia Before you buy a home

Want to know what the traffic is like on the Hampton Roads Bridge Tunnel ?
Were you thinking of commuting from Va Beach to Hampton everyday ?
Or Suffolk to Virginia Beach
Check out these live traffic cameras for areas around Hampton Roads Virginia






For additional Information about any development in the Williamsburg/ James City County, New Kent, Gloucester, or York County area please contact: John Womeldorf
Liz Moore & Associates
757 254 8136 phone
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

CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va including Virginia Beach, Norfolk, Chesapeake, Isle of Wight, Newport News, Hampton, Portsmouth, Poquoson, York, Gloucester, Yorktown, Smithfield and surrounding areas.

Saturday, March 22, 2008

Mr Williamsburg Real Estate Update Weatherly at White Hall


Here is a site plan of the White Hall community.



Weatherly at White Hall


Coming in 2008. New Condominiums in Williamsburg/ James City County. Ideally located near interstate 64 in the Andersons Corner area. Priced from the $180's. This beautiful new ciommunity will offer lots of open space, recreation areas. It is part of White Hall a new planned community in the western part of James City County. The community will have a pool, tennis and clubhouse. Built in a townhouse style. Special incentives are available to the first few buyers. The builder is offering $5000 towards closing costs


For additional Information about this development or any other in the WIlliamsburg/ James City County, New Kent, Gloucester, or York COunty area please contact: John Womeldorf

Liz Moore & Associates

757 254 8136 phone







Williamsburg Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH


CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va including Virginia Beach, Norfolk, Chesapeake, Isle of Wight, Newport News, Hampton, Portsmouth, Poquoson, York, Gloucester, Yorktown, Smithfield and surrounding areas.






Friday, March 21, 2008

Parade of Homes 2008 York County Virginia PHBA Taylor Farms

Taylor Farms in York County is the site for this year's Peninsula Housing & Builders Association's 25th Parade of Homes, which will be held May 3-18, 2008. This event showcases the latest trends and innovations in home construction and design, as well as landscaping, decorating and more!
Show hours are: Monday-Friday 12 p.m. to 9 p.m. Weekends 10 a.m. to 9 p.m.

Tickets are $10.00 at the gate children 12 and under Free. Free on-site parking.

Directions: From Interstate 64, take Victory Blvd. east to the 6th traffic light - Yorktown Road.Turn left and Taylor Farms will be 1/4 mile ahead on the right.

Featured Builders will include:

Allen Parker Builder, Poquoson, VA (757) 846-6205

Edgerton Contracting, IncYorktown, VA (757) 898-9577 http://www.edgertoncontracting.com/

J. Lloyd Builder, Inc Williamsburg, VA (757) 220-6810M

Marque Homes by C.R. McLellon, Builder, Inc Poquoson, VA
(757) 868 9707 http://www.marquehomescrmclellon.com/

Pritchard & Company Builders, Inc Yorktown, VA (757) 898-7950

Crestmark Custom Builders, Inc Newport News, VA (757) 873-6828

Garnett Construction, Inc Yorktown, VA (757) 870-4668 http://www.garnettconstructionllc.com/

J.W. Wallace Construction, Inc Poquoson, VA (757) 868-4562

Performance Contracting Yorktown, VA (757) 988-3900

Realty Builders, Inc Newport News, VA (757) 874-7484

Thursday, March 20, 2008

Marywood Community Williamsburg/ James City County Virginia



Introductory prices through March 31, 2008 start at $305,000 with $10,000 in closing cost allowances. Plus an additional $2500 "Hometown Hero" allowance if you are a teacher, fireman, policeman, nurse or active/ retire military.


Coming Fall 2008. Contracts being written now. A new development located off of Jamestown Rd near the established Kingswood subdivision. There will be a total 90 homes most on lots of almost a half acre in size. Quite a few of the lots will back up to wooded green space. The community will have almost 70 acres of green space. A playground and picnic pavilion will be located centrally for use by residents.

All homes will be two story ranging in size from 2150 square feet to 3500 + square feet. 3,4 and 5 bedroom plans are available. The homes are loaded with features such as 9 foot ceilings, hardwood floors in the foyer, six panel colonial interior doors, pre wired for security systems, pull down stairs for attic storage, Brushed nickel lighting and door hardware package, Birch cabinets in kitchen, square edged laminate counter tops, range, vent hood, dishwasher.

The exterior of the home is almost maintenance free with vinyl siding, vinyl thermopane windows, aluminum wrapped cornice trip, ventilated vinyl soffits. The homes will offer a completely sodded yard. as well as a tree and shrub landscape package.

All of the homes come with a 2 year fit and finish warranty and a 10 year limited structural warranty.

Call or email for further information

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

Monday, March 10, 2008

Mr Williamsburg Real Estate Update High Street


Photos from January 2008

Movie Tavern, an eight-screen, dine-in cinema that is the centerpiece of High Street's retail component, should open for business around Sept. 1, 2008"

We're right on schedule," said Dan Aston, of Roseland Property Co., the developer of High Street. "KBS (the construction company) is doing a great job." Anyone who's driven down Richmond Road or Ironbound Road or Treyburn Drive recently could tell you, High Street is coming along. The drone of hammers and construction equipment is constant during the daylight hours, and buildings are quickly filling the landscape.
No news yet of the other retail tenants. We should know by Spring"When complete High Street will include 260,000 square feet of retail space. It will have a $4 million hidden parking deck for which the city of Williamsburg is footing the bill. Sterling Manor Apartments can already be seen rising on the Ironbound Road side of the development. Aston said Friday that infrastructure is being put in place starting at that end of the development. The King's Manor Condo­miniums, at the New Hope Road end of the project, will be the last to go in. When completed it will feature 241 condos in two four-story buildings, constructed over subsurface parking garages. The 191-unit apartment complex will begin leasing this summer, Aston said. Three units of The Townhomes at Trey­burn are under construction. Eventually that segment will have 99 townhomes of between 1,850-2,500 square feet. Priced from $450,000 to $596,000 they offer Classics design, quality construction and timeless elegance. Hardwood Floors, 10 Ft Ceilings, Stainless Appliances, Granite Counters, Luxurious baths and even optional elevators. They offer private back yards and a wide variety of upgrades.In addition, crews will soon be ready to begin work on the three new public streets that are part of the High Street project. Middle Street will bisect High Street, running from Ironbound Road to New Hope Road. Sterling Manor Drive will serve the apartment building, intersecting Treyburn near Ironbound. King Manor Drive, which will lead to the condominium building, will intersect Treyburn closer to New Hope Road.

There will be approximately 250,000 Square feet of commercial space 532 total residential units including 191 luxury apartments; 99 townhomes; 241 condominiums
High Street was designed as a mixed-use development offering retail space, office space and residential living. Beautiful streetscapes and traditional architectural style unify the neighborhoods of homes, storefronts, and a central plaza with outdoor dining terrace. The village is anchored by an 8-Screen Movie Tavern, showing first-run movies and offering an upscale bar and full table service.
High Street will offer three residential housing options:
luxury apartment homes, townhomes and a mid-rise condominium. All have been carefully
integrated into a unified, pedestrian friendly master plan.
Sterling Manor Apartments Feature:
 Designed to look and feel like historic townhomes.
 Most units offer a porch or balcony with scenic
views of the surrounding community.
 One and two bedroom apartments within five
separate three and four story buildings
 Elevator services
The Townhomes at Treyburn Feature:
 Variety of floor plans: each offers an option to add
a third floor and elevator
 Private backyard
 Detached 2 car garage
 Porches on end units
Kings Manor Condominiums Feature:
 Two four story condominium buildings with
two, three and four bedroom homes
 Secure, underground parking
 Wide range of amenities including a spa
with saunas, steam rooms, a "Zen" room,
massage room, fitness room floor exercise
room, concierge area, billiards room, movie
theater, and catering kitchen with attached
dining room.

Here is a link to an short video clip that will give you a tour of the conceptual High Street High Street Williamsburg Va it will play in Windows Media Player

To view all current condos/ town homes for sale in High Street Williamsburg Click here:
Search High Street Williamsburg Properties/ homes for sale

CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va


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

Thursday, March 06, 2008

Mr Williamsburg.com Real Estate Update "FHA Loan limits increased. March 2008


FHA LOAN LIMITS INCREASED TO $428,750 for the Hampton Roads, Tidewater, Williamsburg, James City County area.


What does this mean for you ?

FHA allows a minimum investment of 3%.

FHA has more lenient underwriting guidelines.

FHA has lower monthly mortgage insurance.

FHA allows higher debt ratios.

FHA allows gifts for the 3% down payment.

FHA allows the 3% down payment to be secured borrowed funds.

FHA uses the standard conventional appraisal.

FHA allows the MIP to be added to the maximum loan amount.
For additional Info contact John Womeldorf/REALTOR
Liz Moore & Associates
757 254 8136
John@MrWilliamsburg.com email

Williamsburg Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

Wednesday, February 27, 2008

Williamsburg/ James City County Employee Home Purchase Assistance


JAMES CITY - “It’s going to be pretty tight the first couple of months,” said Chris Clauser, 23, a county firefighter. He closed on his first home this week, a new $207,000 three-bedroom townhouse in Pocahontas Square. To Clauser, the workforce housing crunch is much more than a few lines in reports, surveys and news articles. As it is for so many people, his quest has been relentless. He was finally able to find and afford his new home thanks to a little-publicized subsidy offered to county employees. The county matches $3,000 of his money to help with closing costs.
The program has been in place for several years and it’s gaining entries every year. Over the past several years, 50 employees have signed up and 34 have purchased homes.
The contribution can be used toward either down payments or closing costs. “It’s been a very useful program,” said Rick Hanson, director of Housing & Community Development. “It gives incentive for people who work in the county to purchase here in the county or City of Williamsburg in recognition that it may be somewhat more expensive to live here than in surrounding jurisdictions.” A certain amount is set aside in the county budget to match employee contributions.
Employees either match $3,000 in a lump sum, as Clauser did, or can slowly contribute to a layaway plan. “It has grown,” Hanson said. “Last year we had the largest number of participants, and this year seems to be on track to be around the same. Demand for this program seems to have grown.” Expansion may be next. Today the subsidy extends to county, James City Service Authority and library employees. Hanson said it may someday reach to school employees and serve as a model for private employers.
The $3,000 can also be combined with other assistance programs, including a similar program for first-time homebuyers. Clauser used his $3,000 toward his closing costs and took advantage of an offer from the builder to pay the remaining $7,000 to close. It leaves the firefighter looking ahead to monthly payments with a little bit of cushion. Until recently, Clauser had been renting with roommates in Hampton. The combination of programs helped him return to James City, he said. “I don’t really want to move back in with my parents,” he said, laughing. “I don’t want to be thatguy.” He found navigating the paperwork relatively easy. He furnished the county with a copy of his bank statement, credit report and pay stubs, information he had to furnish to finance the home anyway. “It was all very quick,” he said. “I was very impressed with the time, the turn-around.”
Still, it’s not something for nothing. Clauser, who has been with the fire department four years, committed to remaining with the county at least 50 more months. He cannot sell the home for three years, either. The county benefits twice by having a long-term employee and residential taxpayer. “We’ll see what my life has developed into [then],” he said. “For now, I’m 23, single. This is perfect.”

Wal Mart in New Town ? Say it ain't so !!!


Williamsburg/ James City County - Settler’s Market in New Town is expecting its first retail openings in the fall. More intriguing than the stores already signed on is one potential tenant: Wal-Mart.


Confirmed are Trader Joe’s, Michaels Arts & Crafts, Home Goods, Books-A-Million and a branch of BB&T Bank. Rumored is a P.F. Chang’s China Bistro and a specialty grocery store under the Wal-Mart umbrella.


Joe Stettinius, New Town’s marketing director, could not confirm the rumors, and a Wal-Mart spokesman did not return calls for confirmation.


Wal-Mart operates more than 120 “Neighborhood Markets,” usually in the vicinity of a Wal-Mart Supercenter. The brand was launched in 1998 with stores of 42,000 square feet, roughly a quarter the size of a supercenter like the one on Rochambeau Drive.


According to Wal-Mart’s website, Neighborhood Markets feature fresh produce, deli foods, fresh meat and dairy items, health and beauty aids, photo processing, a drive-thru pharmacy, and more. The markets employ fewer than 100 people and stock 29,000 items.


New Town has resisted big box retailers as tacky, favoring instead smaller stores and independent shops. A Neighborhood Market’s size is more in line with New Town’s scale, but the proximity to Trader Joe’s market may cause the latter heartburn.


A Wal-Mart Neighborhood Market would be the first in Virginia. Wal-Mart has more than 100 stores statewide and a massive East Coast distribution center in Grove.


Meanwhile, the rest of New Town is moving into its final years of construction, Stettinius said.


A two-acre hotel site, Settler’s Market residential and more retail on Ironbound are all up for sale. The developers are also hoping to rezone an infill parcel on the west side of Route 199 behind WindsorMeade Marketplace for 300 apartments. “We are coming down to what I call the last two years,” Stettinius said. He said New Town remains strong despite the housing slowdown. He said almost 80 homes sold last year and expects sales to hold steady this year.


Another concern has been the perception that the retail market is saturated, with High Street, Prime Outlets’ expansion, Quarterpath, Marquis and Settler’s Market all opening the same year. Stettinius said Settler’s and New Town are still attracting retailers. “It might take a little longer, but we’ll be okay in the long run,” he said. “Everybody’s just doing their thing.” New Town’s office space is also robust, with two office buildings opening on Discovery Park Boulevard. The county’s Office of Economic Development has agreed to move into office space in the Discovery II building.

Thursday, January 17, 2008

51 Reasons to Live in Smithfield Virginia

“The Ham Capital of the World”


Award-Winning Police Department Local farmer’s markets

Best preserved of Virginia Colonial Seaports
Quaint historic downtown
18th & 19th Century architecture
10.1 square miles in size
The Smithfield Center - new state-of-the-art community center
Smithfield Packing Plant
Smithfield Ham
Located on the Pagan River
Cypress Creek Golf Club
Camptown Park-15-acre athletic facility
Year-round Christmas Store
Carrollton Nike Park
Fishing pier and boat ramps
Fort Boykin Historic Park self-guided
tour recounting history from 1623
Skating Rink
Smithfield Ice Cream Parlor
Smithfield Station Waterfront Inn and Marina
Volunteer Fire Department
Isle of Wight County Museum
Smithfield Flower Shop
Victorian home lined streets
James River waterfront homes
Bed & Breakfasts
World’s Largest Ham Biscuit
awarded by Guinness World
Records
Roadside Seafood Stands
St. Luke’s Church… circa 1632
Celebrated their 250th anniversary in 2002
Dr. May’s Veterinary Hospital
Boykin’s Tavern Museum
Smithfield Little Theater
Smithfield “Olden Days”
Small community of Rescue
Chuck-a-Mucks
Antique shopping
County Fair
Hattie Drummond House… circa 1858 which now serves as the Visitors’ Center
Schoolhouse Museum... circa 1932
Smithfield Garden Center
Saint Paul’s Church
Fish Fry’s
Christmas Parade
Smithfield Station
The Old Courthouse of 1750 located on Main Street
Battle of Smithfield took place in the middle of Main Street
Isle of Wight Courthouse of 1800
Smithfield Walking Tours
Population approximately 7,000
Brown’s Marina
Gatling Point Marina
Horseback Riding & Carriage Rides

51 Reasons to love living in Newport News

51 Reasons To Love Living In
Newport News

Local artifacts at the Mariner’s Museum
Excellent public and private schools
Port Warwick - named after the fictional town in William Styron's novel, Lie Down in Darkness
Newport News Victory Arch, built to commemorate the Great War
Historic architecture in Hilton Village,
Huntington Heights and downtown area
Birthplace of Ella Fitzgerald (jazz singer), Allen Iverson (pro- basketball) and William Styron
(author of Sophie's Choice)
Thomas Jefferson National Accelerator Facility
The Los Angeles-class submarine USS Newport News named in the town’s honor
Liz Moore and Associates
The world’s largest ship builder
The Noland Trail, a 5 mile walking and running trail around Lake Maury
Newport News Park Celebration of Lights at Christmas
Deer Run Golf Course and Kiln Creek Golf Course
Consecutive State High School Basketball Champions
Cozzie’s Comedy Club
Great German food at Das Waldcafe
Local productions at Yoder’s Theater
James River Fishing Pier and
Huntington Beach
Achievable Dreams Tennis Court
Great exhibits at the Virginia Living Museum
Pedal boating and fishing on
Harwood’s Mill
Hektor, the Puerto Rican one man band at El Mariachi’s
Ferguson Center for the Performing Arts
Peninsula Skating Center
Greek Hellenic Center (great Greek food during Greek Week!)
Denbigh Days
Oyster Point Business Park
Great shopping and restaurants at City Center
A bargain hunter’s delight at the Jefferson Flea Market
94,000 square feet of recreational space at the Mid Town Community Center
31 parks, including Newport News Park, the largest municipal park east of the Mississippi
2 great general hospitals, plus the brand new Children’s Hospital of the King’s Daughters
Newport News/Williamsburg International Airport – so convenient!
Endview Plantation, a civil war history museum
A public dog park
Living History events at Lee Hall Mansion
Christopher Newport University
Newsome House Museum & Cultural Center
Patrick Henry Mall
2 AMF Bowling Centers
Peninsula Fine Arts Center
Peninsula SPCA & Petting Zoo
Real home cooking at the Lunch Bell
Virginia War Museum
Fort Fun
Peninsula Skating Center
Blue Ribbon public high schools
YMCA
Amtrak train station

Saturday, January 12, 2008

Wellington Estates Smithfield Va


Nestled in Historic Smithfield Virginia ,Wellington Estates combines easy living and amazing affordability. A sense of small town America combines with easy access to the Peninsula and the rest of Hampton Roads which features 38 home sites being developed within an already established upscale community.
Four different home plans are offered from 2600 to 3100 square feet. Prices start in the mid $300's. Located only 15 minutes from the Peninsula yet only 25 minutes from Norfolk. Taxes are a very low .69 per $100 compared to other localities that could be as much as $170 less per month. The neighborhood offers a playground and hiking/walking paths.
Close by in Smithfield are quaint shops, fantastic restaurants and exciting cultural venues in town, nearby are marinas, golf course and other recreational diversions.

For More information contact John Womeldorf/ Mr Williamsburg/ Liz Moore & Associates
757 254 8136

Williamsburg Virginia Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

White Hall Anderson's Corner James City County/ Williamsburg VA









This new home development in the western part of James City County lies near the intersections of Rt 30 and Rt 60 in the Anderson's Corner area not far from Stonehouse. The developer will retain the Historic White Hall home( pictured at the left ) built in the early 1800's for William Geddy.



Proposed components of the new community include approx 170 Condo/ Townhomes and approximately 240 single family detached homes . Pricing is still to be determined. There is also a commercial component located nearby that will also be developed.


CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va


For More information 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 Virginia Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH


Thursday, January 10, 2008

Asheton Newport News Virginia

Asheton is to be a master-planned community of historic proportions that celebrates life in harmony with its magnificent surroundings. Here, a new center of gravity takes shape, bringing you a masterpiece lifestyle in perfect balance with nature, the environment, and the history of the land. We bring you a place filled with beautiful homes in old-fashioned neighborhoods, featuring every modern comfort, world-class amenities and incomparable conveniences. And we bring you a place that fosters a keen sense of community and a strong connection to the past.

Asheton is not just a new place to live. It’s authentic. It’s real. It’s home.

A choice of luxury single-family, estate homes, townhomes, condominiums, and apartment homes

Diverse streetscapes featuring vintage Virginia architecture

Historic Newport News location

Full-service retail centers, restaurants and conveniences

Medical and professional office space

Neighborhood parks, nature trails and tree-lined sidewalks

Year-round calendar of community events

Community clubhouse and gathering places

H2O Hampton Va


H2O Residential Community Hampton Va
Located on approximately 25 acres of land adjacent to the Hampton Coliseum, will have approximately 500 luxury townhouse & condominiums.

The site is located in the Crossroads community fronting both sides of Freeman Drive and adjacent to Coliseum Lake and Newmarket Creek. The Crossroads community includes the Hampton Coliseum the Hampton Roads Convention Center, the Embassy Suites Hotel, a planned entertainment district and a waterfront linear park. The project will be within walking distance to planned retail, entertainment and restaurants adjacent to the Hampton Coliseum.

An $80 million investment the planned community will incorporate traditional neighborhood design and consist of condominium flats, four-story stacked townhouses and three-story traditional townhouses Other elements of the project include 40+ acres of open space to include central amenities, linear green along Freeman Drive, and a linear waterfront park as well as active recreational components to include a clubhouse and pool facility, unusual water features, and a series of walking trails and pedestrian access. Units will include integrated garages with access provided via private internal streets and alley ways.

Construction started last summer and the developers hope to start selling the units, priced between $190,000 and the low $300,000s, sometime in 2008.The rise in prices on the Peninsula, where the median price this year is $222,000, is stronger than an almost 2 percent increase in South Hampton Roads, where the median price is $245,900. While condos were about $37,000 more expensive in South Hampton Roads than the Peninsula a year ago, that gap has dropped to $23,900.


Consisting of four-story flat condominiums and two- and three-story townhomes. With a splash of modern decor and upgraded finishes, H2O Hampton will provide you with the elements for a lifestyle free from hassle and chaos. Experience living in a whole new dimension with distinct water attractions and unique amenities.

Town Center Developments in Hampton Roads Va

We know that several different localities make up the Hampton Roads region. But it sure seems like a lot of towns and centers have been cropping up lately.Some of these places aren't really towns at all, and even their status as "centers" is questionable. But they sure are popular.To clear up some of the confusion, here's a guide to the various developments with "town" or "center" — or "centre" — in their names. CLICK on each name to learn more. A disclaimer: we don't have the space to list all of them. —

Peninsula Town Center

Where it really is: Hampton, including the former site of Coliseum MallWhat it really is: It isn't a town, but a mix of stores, restaurants, offices and more than 150 apartments (above retail space). The $207 million development is under construction and expected to be finished in spring 2009. In addition to the new J.C. Penney and the old Macy's already open, stores will include Target, Barnes & Noble and others.

Hampton Town Center

Where it really is: Hampton, at the intersection of Big Bethel Road and Hampton Roads Center ParkwayWhat is really is: Again, it isn't a town, just a 42-acre shopping center with a wacky spelling; The center includes miscellaneous stores, restaurants and a 24-screen AMC movie theater that opened in 1998.

Oyster Point
Where it really is: Newport News, along Thimble Shoals BoulevardWhat it really is: Geographically, City Center is indeed located in the center of Newport News This 52-acre mixed-use district includes scores of stores, offices and restaurants, 365 homes (and growing), a hotel and a fountain park. Newcomers shouldn't confuse the landlocked, $300 million City Center with Newport News' historical downtown, which is located miles away on the southern tip of the city.

New Town Williamsburg
Where it really is: in James City County just west of WilliamsburgWhat it really is: not a town, but a mixed-use development within a county; As it name implies, it is rather "new" — it opened in 2005 and will grow to 1.1 million square feet of shops, restaurants and entertainment. There are 520 homes built or under construction now, with about 600 more expected in the next five years

Town Center Va Beach

Where it really is: Virginia Beach, the Pembroke area near the Independence Boulevard exit off Interstate 264What it really is: Anchored by Virginia's tallest building — a new 38-story hotel and residential tower — Town Center is giving Virginia's most populated and sprawling city a downtown feel. It encompasses 17 city blocks, 4.3 million square feet of homes, offices, shops and restaurants. Highlights include The Sandler Center for Performing Arts, P.F Chang's China Bistro, and — who can resist — The Cheesecake Factory. Don't confuse it with the Hampton development known as Peninsula Town Center.
More articles

Harbor View Town Center Suffolk
Where it really is: in the northern part of a city, namely SuffolkWhat it really is: When finished in several years, the $553 million development will encompass 500,000 of office space, 300,000 square feet of stores, 150,000 square feet of medical offices, 750 hotel rooms and 1,200 homes. Currently within the boundaries of Harbour View is a Bon Secours hospital. A 16-screen movie theater is just outside the development.And, talk about a "Center" conspiracy — the same architectural firm involved in Harbour View also helped plan parts of City Center in Newport News and Town Center in Virginia Beach.

Hampton Place Hampton

Where it really is: next to the Hampton Coliseum in the parking lot next to I-64, not far from the Peninsula Town Center
What it really is: Well, it will indeed be a "place" in Hampton. The proposed 19-acre development costs about $250 million with a tentative completion date of 2011. The plan includes a 2,000-seat theater, a hotel, parking garage, restaurants, offices and 58 residential units The site for the master-planned regional hub is now bordered by the Coliseum events center, the Hampton Roads Convention Center, Bass Pro Shops Outdoor World, and Hampton Power Plant retail center. Coliseum Mall, under a major redevelopment by a joint venture of Mall Properties and Steiner Development, is situated just north of the Hampton Crossroads project site. The site's excellent visibility along Interstate 64, and strategic location next to the I-64 intersection with Interstate 664, will allow the Crossroads to place a signature new project in the City of Hampton. Project development plans for the Crossroads envision an active district within the City of Hampton, augmenting the leisure, events, and meetings focus of the adjacent Coliseum and new Convention Center. Crossroads facilities will likely broaden the destination appeal of this unique neighborhood, by providing additional things to do, events to go to, places to eat, and shops to browse through.

Wednesday, January 09, 2008

Water Country Williamsburg VA expanding Jan 2008

Williamsburg /YORK COUNTY - Competition from Great Wolf Lodge and a Timeshare Water park near Williamsburg Country Club is driving the remake of Water Country USA. Major renovations Tuesday that will have visitors cruising and sliding when the park opens its season May 10."Rock 'n' Roll Island" will include three, 200-foot-long body slides named "Funky Chicken," "The Hully Gully" and "The Twist."There will also be a children's slide called "Little Bopper." And the entire island will be surrounded by a 700-foot-long "lazy river" that allows visitors to float along on a slow current. All of it themed around the Rock and Roll Culture of the 1950's and 60's.

The expansion will replace Adventure Island, behind the wave pool in the back of the park, which was one of the oldest areas of the park. Construction will take several months but finish in time for the park's opening in May. Photo updates of the renovation will be posted later on the park's Web site, http://www.watercountryusa.com/.

The water slides will be translucent providing a view of those using them ( ??) this should prove interesting !

Ford's Colony Update Jan 2008


JAMES CITY–– The new Republcian supervisors will be tested promptly on the limits of growth as homeowners in Ford’s Colony resist a big assisted living facility and a model plan for workforce housing. The protest has gained almost 900 people on a petition objecting to both projects. What’s new is a full-court press to see if the new Republican majority will stand up to Realtec, the development company under Ford’s Colony management.
The prognosis for that is weak. The supervisors were expected to deal with the controversy Jan. 22. When opponents smoked it out on the agenda, it was mysteriously deferred though hardly killed. Republicans are caught in a growth dilemma. They seem to favor Ford’s Colony in the argument on the basis of precedent and economic development. But the land use and legal arguments tend to favor the opposition. The sheer volume of feisty resistance is buoyed by exploiting a zoning loophole. Both projects lie outside the compound, across News and Centerville roads. Realtec owns the land and wants to expand. Critics have uncovered two arcane points in the zoning ordinance that could unravel the developer (see box). Section 24-275 suggests that Realtec may have lost its status as a residential planned community because it no longer owns at least 400 acres. Opponents contend that 77% of the com­pound is owned by families and couples who have bought homes over the years, vesting 95% of the assessed property valuation in their hands.
Section 24-283 stipulates that Realtec can expand, but only if it owns or controls the compound. Opponents cite the word “ownership” as crucial. The county has historically interpreted the clauses to mean that the developer should initiallyhold 400 acres. Opponents are pushing for a strict interpretation that would acknowledge that Realtec has sold off controlling interest. “We agree with the way the county has been interpreting it for the last several decades,” Realtec president Drew Mulhare said. “We’ve gone through several masterplan amendments, which have included additional property, and this issue has never been raised before.”
Should the opponents prevail, it could have ramifications for Governor’s Land, Kings­mill and Stonehouse, limiting their ability to expand outside their compounds. More to the point, it would limit Realtec from continuing to expand into the countryside of Centerville Road beyond the two projects on the drawing board. While hundreds are protesting the assisted living facilty and workforce housing, the Ford’s Colony Homeowners Association has not taken a stand. That’s because the HOA continues to negotiate with Realtec in hopes of getting a better deal through more creative proffers.
Last fall the 283 dilemma was presented by the county planning staff to the old Board of Supervisors, which directed staff to find out how other counties deal with it. The Jan. 22 work session was supposed to tackle 283, but it fell off the agenda. The issue is not listed on the work session agenda schedule beyond that. Powhatan supervisor Jim Icenhour, himself a Ford’s Colony resident opposed to Realtec’s plans, wondered this week how it got scuttled. “I found out today it’s not going to be on the agenda,” Icenhour said in an interview Thursday. Some believe the new Republican majority is not eager to field 283 opposition. Stonehouse supervisor Jim Kennedy has noted that the proposal isn’t simply residential but also has a business component, which the Republicans strongly favor. Roberts supervisor Bruce Goodson said this week that a majority of county residents want to see county procedures that stall development removed, fueling greater growth. Republican party chair Chris Henderson, also a Ford’s Colony HOA board member, said that for James City County to strictly interpret the zoning ordinance would be an example of government interfering with contractual relations between homeowners and the developer.
Henderson argued that bringing 283 into the argument was simply an attempt by opponents to capitalize on a poorly worded ordinance to bolster NIMBY arguments. “What these people really want is veto authority over land use,” he said. Even with a strict interpretation of the county ordinance, though, Realtec’s bid might not be dead. Mulhare said that the Ford family has diversified its holdings into separate entities for estate planning purposes. But it would still have far more than 400 acres if forced to reconsolidate to move the two plans forward. Legal experts believe that Realtec hopes to avoid any scenario that re­quires a special use permit, since that would open the door for outright denial based on public pressure through formal hearings. Much of the opposition has been led by James City Citizens’ Coalition, or J4C.
Icenhour at­tended a J4C meeting as a guest Thursday evening and explained that, with the issue off the Jan. 22 agenda, it won’t be raised before the Planning Commission considers the case Feb. 6 unless the supervisors have a change of heart next week. “Well, 900 people asking them to do something, it ought to move some weight,” homeowner Dale Merriss argued.
For More information contact John Womeldorf/ Mr Williamsburg/ Liz Moore & Associates
757 254 8136
Williamsburg Virginia Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

Mr Williamsburg Real Estate Update Liberty Ridge Jan 2008



There is a new development breaking ground soon in Williamsburg Virginia. It is to be a resort-style community. Liberty Ridge is located in the Williamsburg, Virginia area, and will feature 138 homesites ranging from 3 to 9 acres, carefully situated on beautifully wooded, rolling terrain. As the sixth community in the Hampton Roads area from this developer, Liberty Ridge will offer amenities reflective of the resort lifestyle that has become the company's award-winning trademark. Currently in the early stages of development. I will be posting additional information as it becomes available. If you have any specific questions that are not answered, please feel free to contact me by phone or Email I appreciate the opportunity to keep you informed as this exciting new community takes shape!


CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va
For More information contact John Womeldorf/ Mr Williamsburg/ Liz Moore & Associates
757 254 8136
John@MrWilliamsburg.com email
lwww.MrWilliamsburg.com/ website
www.MrHamptonroads.com/ website
www.MrTidewater.com/ website
www.MrVaBeach.com/ website

Williamsburg Virginia Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

Saturday, January 05, 2008

Hampton Roads Real Estate Update 2008 Blog

So, what does the future hold for Hampton Roads real estate in 2008? Here are our predictions:

#1 Sales will remain relatively flat. Given the record numbers in the past few years, a flat market is not a bad thing. The pace will be steady enough to begin to whittle away at competitively priced inventory, as new listings coming on the market will slow somewhat in 2008. Average market time will increase slightly, but the market will continue to move toward a balance between buyers and sellers.

#2 Interest rates will remain low. Although there may be some fluctuations during the year, overall rates will hover in the 6% range. The combination of election year influence, and the key role that the housing market plays in the overall health of the economy means that the Fed will most likely ensure that rates don't tick up too far.

#3 The mortgage market will see a few more major upsets before beginning to settle down toward the end of 2008. I don't believe we've seen the end of major players going under, primarily because certain segments of the country haven't experienced the worst of the downturn yet. It will be more important than ever that buyers use reliable local lenders, and ensure that loan commitments are in writing. As mortgage companies pick up the pieces, we will see new products available to replace many discontinued programs; however, loans will continue to be credit score driven, and the sub-prime market will continue to decline.

#4 Foreclosures nationally will see major spikes. Fortunately, our local market will not feel the worst crunch of this, because of a stronger than average local economy. We will, however, see a steady rise in REO inventory, and a renewed supply of VA and HUD foreclosures. This will result in a surge of investors in the market, which were absent in the recent sellers' market. This is a great opportunity for both investors and Realtors who are skilled in the investor market.

#5 Appreciation will see modest gains. This is great news for sellers, who will be able to capitalize on major price gains in the past 5 years. The key will be to be realistic about pricing, and invest the effort in making sure that listing inventory is in tip top shape. This is sort of an enigma of the current market, and a sign that the foundation of our local real estate market is still strong, despite the slow down in sales.

#6 2008 will be the best buyers' market that we have seen in years. The combination of substantial inventory, nervous sellers, and low interest rates means great deals for savvy buyers. Even those buyers who have homes to sell in order to move can capitalize on good opportunities.

CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va
For More information contact John Womeldorf/ Mr Williamsburg/ Liz Moore & Associates
757 254 8136
John@MrWilliamsburg.com email
lwww.MrWilliamsburg.com/ website
www.MrHamptonroads.com/ website
www.MrTidewater.com/ website
www.MrVaBeach.com/ website

Williamsburg Virginia Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH

Mr Williamsburg.com a recap of The Best of Williamsburg 2007

I posted an earlier article listing all of the eateries and food related businesses. Here are the winners of the service categories for 2007.



Home Improvement
1.Lowes
2. Home Dept
3. Ace Hardware ( my favorite)

Home Builder
1. Van Kneist
2. Joel Sheppard
3. David Nice

Barber Shops
1. CAroline's
2. Tony's Topper
3. Colonial Beauty and Barber

Manicurist and Nail Shop

1. Atir Natural Nail Care Clinic
2. Uptown Nails
3. Mirror Mirror

Financial Institution/ Bank

1. Chesapeake Bank
2. Wachovia
3. Bank of America

Pet Boarding
1. Colonial Veterinarian
2. Pet Resort Greensprings
3. St Francis Pet Resort

Local Gift Shop
1. Mole Hole
2. Kinks, Quirks and Caffeine

Florist
1. Williamsburg Floral ( my favorite)
2. Morrisons
3. Seasons of Williamsburg

Shopping Center
1. Prime Outlets
2. Monticello Marketplace
3. New Town ( my favorite)

Furniture Store
1. Carolina Furniture
2. Ethan Allen
3. Suter's ( my favorite)

Antique Shop
1. Williamsburg Antique Mall
2. Charlies Antiques
3. Dovetail Antiques

Landscaper
1.Belden Landscapes
2. Virginia Grounds
3. Cooke's Gardens

Dry Cleaning
1. Swan Cleaners
2. Nam's
2. Berkeley Cleaners

CLICK HERE FOR Real Estate Home Search Tidewater Hampton Roads Va
For More information contact John Womeldorf/ Mr Williamsburg/ Liz Moore & Associates
757 254 8136
John@MrWilliamsburg.com email
lwww.MrWilliamsburg.com/ website
www.MrHamptonroads.com/ website
www.MrTidewater.com/ website
www.MrVaBeach.com/ website

Williamsburg Virginia Real Estate Resource. Search for Homes & Land in Williamsburg Virginia & surrounding areas click here :CLICK HERE WILLIAMSBURG VA MLS HOME SEARCH