Ford’s Colony in Rocky Mt NC Sold to Halle Companies.

A Maryland company has purchased the financially struggling Ford’s Colony of Rocky Mount, North Carolina for $3.25 million. The Halle Companies, located in Silver Spring, Md., and developer of the Villages of Apex in North Carolina, has purchased the assets formerly owned by Realtec of Williamsburg, Va. In January of 2011, the upscale community’s golf [...]

Merry Christmas !

Wishing you a joyous Christmas and a Holiday Season filled with peace, love & laughter ! John Womeldorf Thanks to all who have read, subscribed, liked, commented on, and/or shared my posts. I would ask only one thing, if you have a moment, could you leave a comment on something you’ve read that you found [...]

Walk Score Apartment Search helps you find a better commute.

Searching for an apartment or home to rent in Williamsburg VA ? Or anywhere else in Hampton Roads or the US. Now, with Walk Score Apartment Search you can search for apartments by commute time. Here is how it works. Users enter a work address, and how they plan on commuting (walking, bicycle, public transportation [...]

Want to improve home energy efficiency? HELP is on the way

James City County’s Office of Housing and Community Development recently launched the Home Energy Loss Prevention (HELP) Program to help homeowners take advantage of existing County, State and Federal home energy efficiency opportunities. The HELP website,www.jccenergyhelp.org, is full of information for both homeowners and contractors. Homeowners can find information on energy assessments, ways to improve [...]

Cash Savings for Veterans: VA Lowers Loan Funding Fee Rates

I recently learned from a local loan officer  that  VA funding fees are being reduced. Translation… Cash Savings for Active Duty Military or  Veterans either purchasing a new home or refinancing. For example: If you are purchasing a home for $400,000.00, and closing after October 1st, you’ll save $3000.  The difference between the funding rate [...]

Obama’s $15 Billion Plan to Rehab Vacant and Foreclosed Homes

The President’s  prime-time address on jobs didn’t focus much on housing. Most of the housing-related attention focused on his call for more refinancing But the president’s job-creation bill actually includes some aid for housing: Tucked away in the $447 billion job creation plan that President Obama unveiled late last week are billions of dollars set [...]

President Obama Coming to Richmond VA

President Barack Obama will visit the University of Richmond on Friday, to host an economic discussion the day after he unveils his job-creation plan to Congress. Last time the President came to town he flew in on a hot-air balloon. No, wait, we’re getting our luminaries confused. Obama was also here this time last year, [...]

The Riverfront–Homerama 2011 TBA Suffolk VA

UPDATE November 2011 Nearly 80,000 who people toured the Tidewater Builders Association’s Fall Homearama in Suffolk’s The Riverfront at Harbour View. When the show had wrapped up, six of the nine homes on display had sold and another was under contract! Organizational House wins Best in Show award Craftsmanship and storage was a winning combination [...]

President Declares Disaster for Virginia

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that federal aid has been made available to the Commonwealth of Virginia to supplement commonwealth and local recovery efforts in the area affected by Hurricane Irene during the period of August 26-28, 2011. Federal funding is available to commonwealth and eligible local governments [...]

Why Doesn’t Dominion Bury The Power Lines ?

Overhead vs. Underground Electric Lines While placing existing electric distribution lines underground may seem an attractive option, especially after major storms, virtually all objective observers in recent years have termed the effort prohibitively expensive. Widespread conversion could lead to huge price increases for electric customers, the observers warn. In 2005, a study by the Virginia [...]

Searching for Bank Owned Foreclosures in Hampton Roads and Williamsburg VA

Did you know that there are over 1014 bank owned homes in the Hampton Roads and Williamsburg areas of Virginia for sale ? 424 are currently under contract. Bank owned homes and short sales currently comprise over 30% of  closed transactions in July 2011 in the region.. 21% of the current active listings are bank [...]

Cash donations more helpful to disaster victims

Frequently, after a disaster hits, donations of food and clothing begin pouring into areas that do not have the resources to sort and distribute items.  The best way to help victims of disasters is to make financial contributions to local charities and faith-based organizations that are responding to the situation or the Virginia Disaster Relief [...]

Free Sub From Firehouse Subs

In honor of Labor Day, Firehouse Subs is offering a free medium sub with the purchase of a sub, chips and drink on September 5, 2011. To redeem your free sub, please visit the Firehouse Subs Facebook page  (www.facebook.com/firehousesubs) and print the coupon or just simply show the coupon on your mobile phone at the [...]

Dominion Power Update

It seems that everyone is blasting Dominion for not working hard enough. Maybe I am a bit jaded since our power was back late Monday but given the task at hand I think they are doing a phenomenal job. Much quicker than in 2003 after Hurricane Isabel. As of late Tuesday evening, service has been [...]

Dominion Restores Power to 600,000 Customers; Nearly All Restorations to be Completed Friday

Dominion will restore power to 90-95 percent of the customers affected by Irene-related outages by the end of the day Friday. Seventy-five percent will be restored by the end of the workday on Wednesday.  In Northern Virginia, where Irene had lesser impact, restoration will be completed tomorrow. Nearly all customers in the remaining areas, which [...]

Dominion Power Outages in Virginia

Dominion Electric Outage Summary Note: Outages may be caused by a variety of conditions or circumstances. Updates on major outages/restorations are featured on our Storm Center page. Dominion Virginia Power / Dominion North Carolina Power Outage Summary As Of: 08/27/2011 17:16     Area Customers Assigned Customers Out Northern Virginia Area 824,413 11,398 Shenandoah Valley/Western Piedmont 181,453 1,278 Richmond Metro/Tri Cities [...]

VA Hurricane History

Virginia Hurricane Chronology 17th and 18th Century Hurricanes Aug. 24, 1635 : First historical reference to a major hurricane that could have affected the VA coast. Sept. 6, 1667:According to the writing of Virginia colonists, The Chesapeake Bay rose 12 feet, probably widening the Lynnhaven River. Jamestown saw 10,000 houses blown down and the storm [...]

President Declares Emergency For Virginia

The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that federal aid has been made available to Commonwealth of Virginia to supplement the commonwealth and local response efforts in the area due to the emergency conditions resulting from Hurricane Irene beginning on August 26, 2011, and continuing. Receive FEMA Updates During Disasters [...]

Dewey Decibel Concert Series Starts September 24, 2011

Williamsburg Regional Library’s (WRL) 2011 – 2012 Dewey Decibel Concert Series kicks off with a performance by Alasdair Fraser and Natalie Haas Alasdair Fraser, long regarded as Scotland’s premier fiddle ambassador, and the sizzlingly-talented young California cellist Natalie Haas open this season’s Dewey Decibel Concert Series. Fraser, acclaimed by the San Francisco Examiner as “the [...]

What to do this weekend in Williamsburg VA

Irene is Coming

Although it is too early to predict the extent of Hurricane Irene’s impact on the area, it is not too early to begin your preparedness planning.  Local  residents are encouraged to prepare now for the possibility of severe weather and continue closely monitoring the storm. Visit www.readyvirginia.gov  to get information on planning, assembling an emergency/disaster [...]

Earthquake Rumbles Through Virginia

An earthquake rumbled through  Virginia from its epicenter near Mineral in Louisa County according to the U.S. Geological Survey, the quake struck at 1:51 p.m., was 3.7 miles deep and had a magnitude of 5.8.  It was the largest quake to hit Virginia in more than 100 years, knocking out electric power to North Anna [...]

Air Quality Alert: Smoke from Wildfires Affecting Williamsburg VA

8/13/2011 -Smoke from the wildfires in the Great Dismal Swamp is causing a strong odor of smoke, limited visibility and respiratory distress. Active children and adults, along with people with heart or lung disease, including asthma, should limit outdoor activity if a strong odor of smoke is apparent.

Mortgage Rates Hit Record Lows

Mortgage rates fell sharply this past week, hitting record lows, as bond yields declined and signs of a weakening economy dampened consumer sentiment further, according to Freddie Mac‘s latest Primary Mortgage Market Survey. The 30-year, fixed-rate mortgage hit its lowest level of 2011, coming in at 4.39% compared to 4.55% last week and 4.49% a [...]

Former FSBO CEO sells home the traditional way

Founder and former COO of ForSalebyOwner.com, Colby Sambrotto listed his 2,000 square foot New York condominium on his own through online classified ads and FSBO sites, but after six months, he opted to hire New York broker Jesse Buckler who immediately advised a price change as the listing was not attracting the right buyer. Using [...]

US Government to Rent Out Foreclosed Homes ?

In a new effort to stabilize the country’s housing market, The Wall Street Journal is reporting that the Obama administration is considering ways to rent out foreclosed properties The details about the proposal are scant, but the reasons behind it are pretty clear: home prices are dropping in many parts of the country as rents [...]

Friday is Deadline for Emergency Loan Program

This  Friday 7/22/2011 is the deadline  for struggling homeowners to apply for a federal loan program aimed at preventing foreclosure. The U.S. Department of Housing and Urban Development will begin pre-screening this week for its Emergency Homeowners’ Loan Program, which is designed to help individuals who have lost jobs or income pay part of their [...]

$300k Home For $16 ? In Texas

FLOWER MOUND, Texas – A little-known Texas law and a foreclosure could have a man in Flower Mound living on easy street. Flower Mound’s Waterford Drive is lined with well-manicured $300,000 homes. So, when a new neighbor moved in without the usual sale, mortgage-paying homeowners had a few questions. “What paperwork is it and how [...]

The Phone Book’s Here- Not in Hampton Roads

Navin R. Johnson: The new phone book’s here! The new phone book’s here! Harry Hartounian: Boy, I wish I could get that excited about nothing. Navin R. Johnson: Nothing? Are you kidding? Page 73 – Johnson, Navin R.!  I’m somebody now! Millions of people look at this book everyday! This is the kind of spontaneous [...]

Mortgage Rates Up But Still Well Below 5%

Long-term mortgage rates rose again this week, as Freddie Mac reported that the average on a 30-year fixed-rate mortgage increased to 4.6 percent with 0.7 of a point, up from 4.51 percent last week. While rates increased ever so slightly last week from the previous week (4.5 to 4.51 percent), this week’s rise was the [...]

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