News

What is an Energy Efficient Mortgage (EEM)?

Did you know that an Energy Efficient Mortgage can be used to purchase a home and add the cost of certain repairs to the loan?  With tons of distressed properties on the market, this can be a good way for home buyers to purchase a nice home without paying $1000’s out of pocket for repairs. […]

Rail Travel in Hampton Roads Update

Rail travel is becoming more prominent in Hampton Roads with the introduction of light rail service, upcoming Amtrak service to the Southside, and ongoing studies regarding improved passenger rail service both into and throughout the region. One year ago, Hampton Roads Transit (HRT) began light rail service in the city of Norfolk. This light rail […]

John Hinckley’s Release Plan Suffers Setback

Federal prosecutors are pushing to keep John Hinckley,  the man who tried to kill President Ronald Reagan from getting more freedom. U.S. attorneys filed a motion Friday asking the court to deny  Hinckley  request for expanded privileges.   Hinckley is staying at St. Elizabeth’s mental health hospital in D.C. He wants to live with his […]

Fixed mortgage interest rates continue to climb

Fixed mortgage interest rates have risen for the third straight week, according to McLean-based Freddie Mac. This marks the third straight week of  mortgage rates moving higher. reversing a trend  of  record lows for 13 of 14 weeks.   Freddie Mac’s Primary Mortgage Market Survey for this week showed: • 30-year fixed-rate mortgages (FRM) averaged […]

Top selling neighborhoods in Williamsburg

So what are the top selling neighborhoods in the Williamsburg area for the last 12 months ? To be fair we should look at this as a percentage of homes in the community. But to keep things simple we will simply use total sales. Its neck and neck with both Fords Colony at 94 properties […]

Virginia students struggle on new math tests

As most Virginia educators had predicted, students across the state struggled with new math tests featuring more challenging content, according to results released this morning from the Virginia Department of Education The data shows students’ performance during the 2011-12 school year on Standards of Learning tests in various subjects, including math. On the math tests, […]

Martins Tour of Richmond-Cycling Event

The first annual Martin’s Tour of Richmond is just that — a cycling tour of Richmond. This fully-timed Gran Fondo event has distance options for both the serious rider and the weekend warrior. What is a Gran Fondo? “Gran Fondo” means “Big Ride” in Italian. Gran Fondos are long distance, mass-participation cycling events – not […]

Citigroup Offers Rental Proposal to Struggling Borrowers

In trying to limit foreclosures, Citigroup is launching a program to rent homes back to home owners who are struggling to make their mortgage payments instead of trying to evict them. Citigroup’s announcement comes on the heels of Bank of America, which announced in a similar program earlier this year to try to lessen the […]

James City County First Time Home Buyers Class

he James City County Office of Housing and Community Development will hold a First- time Homebuyers class from  6-9 p.m. Tuesday, Aug. 21, 2012 and Thursday, Aug. 23, 2012 at the Parks and Recreation Administration Building, 5300 Palmer Ln., Suite 1A.. Williamsburg Va  ( near New Town) Anyone who is currently looking to purchase a home […]

Acclaimed Chef Peter Chang Coming to Williamsburg

Peter Chang is set to arrive in Williamsburg VA . Inside the food world, this is stupendous, even astounding news, but for most people, Chang is the most famous chef that they’ve never heard of.  He’s a cult figure who’s opened restaurants in Fairfax, Alexandria, Atlanta, Knoxville and Charlottesville. Fans have traded clues about his […]