Planet Fitness has leased the 26,357-square foot former American Family Fitness space at New Town Shops on Main in Williamsburg, Virginia. New Town Shops on Main is a 253,000-square foot lifestyle shopping center located at Monticello Avenue and Ironbound Road. Major tenants include Regal Cinemas, Barnes & Noble, Bonefish Grill, Panera, Bath & Body Works, […]
Area Home Prices Rise Again to New Record High
Another month has passed, and another record has been set in the Hampton Roads real estate market.During April, the median sales price (MSP) of all homes sold in the region reached $319,900. The previous high was $300,000, which occurred both last month and in July 2021. Year-over-year, the MSP was up 12.25% from $285,000 in […]
Drummers Call Returns to Williamsburg May 20-21
Colonial Williamsburg’s Fifes & Drums, along with fife and drum units from across the United States, will celebrate the tradition of military music during Drummers Call Weekend, May 20-21. A mainstay of the Colonial Williamsburg’s Fifes & Drums program for almost 20 years, Drummers Call highlights the nation’s military and musical heritage by bringing together groups […]
Colonial Williamsburg offers Free Admission for Veterans and Military Families & Commemorative Service for Memorial Day Weekend
WILLIAMSBURG, Va. (May 4, 2022) – This Memorial Day Weekend, The Colonial Williamsburg Foundation continues its rich tradition of military outreach by offering free admission to all active-duty military, reservists, retirees, veterans, National Guard members and their immediate dependents May 27-30. Special military-themed programming including a wreath-laying ceremony and a bagpipe performance will be offered on May 30. Tickets […]
Don’t Be Afraid to Buy and Renovate in Williamsburg, Virginia
Linda Duchaine’s home in Colonial Heritage is over 15 years old, but it looks and feels brand new. Once inside the front door, which features a sidelight and transom, the décor radiates an incredibly calm vibe. Everything is open and airy. For paint, Linda chose a neutral, muted Sherwin-Williams taupe with crisp white trim accents […]
The odds of a home price decline hitting your local housing market, as told by one interactive chart
Fed Chair Jerome Powell has made it clear: The central bank is done sitting on the sidelines as inflation chips away at the value of the dollar. The plan? Put upward pressure on interest rates until price growth relents. Historically speaking, that inflation fighting playbook is particularly hard-felt in the housing market, where spiking mortgage rates […]
Expansion of The Settlement under review
Settlement at Powhatan Creek Phase 4 – Proposed Townhome Development AES Consulting Engineers has submitted a conceptual plan for review to the James City County Planning Department to construct 72 townhomes in phase four of The Settlement at Powhatan Creek. The new section will have use of the existing facilities and will be 55+ age-restricted. […]
Grocery shopping in Williamsburg, Virginia: The Inside Scoop
Oftentimes when new folks move to an area, they find themselves nostalgic for their old hometown. That nostalgia can take many forms, even a quest for a similar grocery store. If you’re moving to Williamsburg, Virginia from – let’s say Florida – then our Publix won’t be new to you. If you lived in Richmond […]
What You Need to Know About Short-Term Rentals
Short-term rentals, also known as vacation rentals, have always been an option when people travel, but it wasn’t until websites like VRBO and Airbnb came on the scene that interest ramped up with wider access to these properties. Since then, buying homes with either the space for an STR or for the sole purpose of […]
Is Five Months of Supply Really the Sign of a Healthy Housing Market?
The idea that five or six months of supply signals a healthy housing markethas ingrained itself in real estate lore. Historically, it was said that five or six months of supply is associated with moderate home price appreciation. Anything higher indicates a buyers’ market, while anything lower means a sellers’ market. But where did this […]
Experience the Wonder of the Woodlands
Every home has a story John Womeldorf knows that every home has a story. As an experienced realtor with a deep love for Williamsburg, John looks beyond the basic features of the homes he sells. In his “Every Home Has a Story” series, John introduces potential buyers to the aspects of a home that they […]
Some Thoughts on Negotiating for Buyers and Sellers
The Negotiating Game At Liz Moore & Associates, we train relentlessly. We recently had a national trainer conduct a 3 hour seminar on Negotiating. She opened with a game of tic tac toe, and stated the objective as “get 3 in a row.” What happened next was fascinating – everyone defaulted to their childhood, and […]
Home Prices Rise as Inventory Remains Low
Reflecting the competitiveness of the local real estate market and the continuing lack of inventory, the median sales price (MSP) of homes in Hampton Roads hit $300,000 in March – matching the region’s record high set in July of last year. According to data compiled by the Real Estate Information Network, Inc. (REIN), that representsa […]
