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  • psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813
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      By Bill Sullivan “They play away and play it all away.” So wrote the great Virginia planter Landon Carter of his son’s penchant to win and lose fortunes at cards. Today we can tune into ESPN and watch the ancient spectacle, reborn as the World Series of Poker: competitors waging a battle of wit, concentration and not a ... Continue Reading »
    • Behind the Palace Wall — Come Inside to Hear More
      By Karen Gonzalez Virginians were very pleased with their very first palace in their new Williamsburg home. A professor from the College of William & Mary described the Williamsburg scene in 1724, when the Governor’s Palace was just 2 years old. “From the Church,” he said, “runs a Street northward called Palace Street; at the other ... Continue Reading » […]
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      The herbaceous border is now an exuberance of color and while most of the plants are admired solely for their appearance there are some that are beautiful and useful as well, an attribute that is much sought after by young men of a certain age who aspire to find these same qualities in a prospective mate. ... Continue Reading »
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      It’s the 18th century in America, and soldiers are making life-altering sacrifices. Friendships are lost. Families are divided. Health and safety are risked, and lost are the basic comforts most citizens take for granted. All these challenges pale in comparison to the task of coming home and finding their places in a changed world. Nathaniel ... Continue Rea […]
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February 2012 U. S. Economic and Housing Market Outlook

A Slow, Steady Path to Recovery

Freddie Mac  just released its February 2012 U.S. Economic and Housing  Outlook showing cautious signs of the economy and housing market moving in a positive direction fueled by an environment of low interest rates and more favorable job prospects for Americans.

Outlook Highlights

  • Job gains exceeded expectations for the past two months, but those leaving their jobs voluntarily were 2 million in December compared to the pre-recession average of 3 million, reflecting worker uneasiness.
  • The unemployment rate fell to 8.3 percent; and weekly unemployment benefits applications decreased for the third consecutive week to 348,000, the fewest since the first week in March 2008.
  • More warmth is expected in the housing market sometime in 2013, as the economy continues on its slow path to a stronger recovery in a low-interest-rate environment.
  • Low mortgage rates will continue to keep homebuyer affordability high and help drive more HARP refinances.
  • Consumers sentiment weakened in January while at the same time homebuilder confidence continues to show signs of growth.

Click here to view the complete February 2012 U.S. Economic and Housing Market Outlook.

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