• Click Here to Subscribe to Email updates

  • 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
  • RSS Colonial Williamsburg News

    • What is the Frenchman’s Map?
      The Frenchman’s Map (1782). Whether one is looking for treasure or the closest Starbucks, most searches are more productive with a map. Colonial Williamsburg’s archaeologists are the first to admit this, which is why each of our excavations begins by consulting the Frenchman’s Map. The Frenchman’s Map ... Continue Reading »
    • In the Garden: Of Garlic and Shallots
      It is in the middle of October that we plant our garlic and shallots which is true for most all of the North American colonies. German Red Garlic bulb Garlic has a long usage as a medicinal plant but was seldom used in America as a culinary ... Continue Reading »
    • Revolutionary City’s tree varieties create a diverse autumn palette
      By Ben Swenson Could you name three types of oak tree if you had to? How about five? Laura Viancour can. She’s Colonial Williamsburg’s Manager of Landscape Services, part of a devoted team that shoulders a tall responsibility: maintaining the Historic Area’s oaks — all 13 species of them — and much more. There are over ... Continue Reading »
    • Death Wears a Shroud
      This week on the podcast, we reach into the grave for some buried history. In the spirit of All Hallows, we unearth the unexpected truth about colonial burial garments. Research Librarian Juliegh Clark tells us nearly all colonists would have been buried in a shroud — never their best clothes. Listen now.
    • Throwback Thursday: When Mr. Roosevelt Came to Town
      Crowds line Duke of Gloucester Street on Oct. 20th, 1934. Eighty years ago this week, an estimated crowd of 15,000 lined the streets to catch a glimpse of President Franklin Delano Roosevelt as his motorcade passed. From his perch in the backseat, FDR saw a main street ... Continue Reading »
  • Flickr Photos

    front1

    upstairs closet

    upstairs bedroom2

    More Photos

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.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 1,441 other followers

%d bloggers like this: