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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
  • RSS Colonial Williamsburg News

    • John Ross Hamant, 1949 – 2017: An Appreciation
      It is with heavy hearts that we note the passing of longtime Colonial Williamsburg Foundation employee and veteran character interpreter, John Hamant.  Mr. Hamant, a Baltimore native, earned a bachelor’s degree in theater production and a master’s degree in acting and directing from the University of Arizona, but it was his love of archaeology that first...R […]
    • Handling the Heat: Animal Safety & High Temperatures
      The heat index soared this weekend, and that naturally raises questions about safety—for both our costumed interpreters and animals. Besides plenty of water, breaks, and shade, Coach & Livestock utilizes a heat index policy for working animals.  Cattle—like dogs—cannot sweat, so they are removed from work when the heat index reaches 95°.  Horses can swea […]
    • THE WORD ON DOG STREET: REVERSING ATTENDANCE TRENDS
      The word on DoG Street is that the program changes at Colonial Williamsburg over the past few years have led to a decline in attendance. In fact, just the opposite is true. In 2014, after President Mitchell Reiss and his new team brought innovative program changes to CW, attendance rose after a seven-year decline. For...Read More »
    • An Open Letter to the Colonial Williamsburg Community
      The role of Williamsburg in America’s founding is nothing short of extraordinary. In the years leading up to the Revolution, this colonial capital city was a thriving center of culture, enterprise, education — and revolutionary ideas. It was here — in these homes, government halls and taverns — that Thomas Jefferson, James Madison and so...Read More » […]
    • An Insiders Guide to the 4th of July Festivities 2017
      We hope you’re making plans to celebrate independence the right way—with us! Our 4th of July festivities will feature a lot more than spectacular fireworks. We offered a preview a couple weeks ago–now here’s your practical guide for navigating the day. This year’s theme is “Light and Liberty,” drawn from a letter Thomas Jefferson wrote...Read More » […]
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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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