• 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

    • 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 » […]
  • Flickr Photos

Inventory Increases Year-Over-Year for the First Time in Over 2½ Years

As summer’s end nears, the Hampton Roads real estate market remains hot with August yearover-year increases across the board, including residential listings for sale, pending sales and settled sales. For the first time in 31 months the number of residential listings for sale has increased year-overyear. There were 0.85% more residential homes listed for sale in August 2013 than there were in August 2012. The Hampton Roads market hasn’t seen an increase in this segment of the market since January 2011. Of the region’s seven major cities (Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Virginia Beach) Norfolk and Suffolk saw the largest increases at 8.55% and 4.6% respectively, while Newport News and Chesapeake each decreased 7.04% and 5.20%. Residential pending sales exhibited a positive trend, increasing 9.09% year-over-year. Suffolk and Portsmouth experienced the largest increases at 30.77% and 27.08% respectively, while Hampton and Newport News dropped 2.9% and 2.7%. Residential settled sales continue to increase year-over-year and rose 6.81% when compared to August of last year. Norfolk and Virginia Beach saw the most significant increases at 15% and 14.23%. Newport News and Chesapeake were the only two major cities not to experience year-over-year increases, instead declining 24.39% and 5.52% respectively. The residential median sales price for the region is currently $218,450, up 4.75% when compared to August 2012’s median sales price of $208,535. The distressed market, homes that are either short sales or foreclosures, showed slight improvements. Though up a slight .05% from the previous month, distressed properties made up just 22.08% of the total number of residential listings for sale in August 2013, which is 2.66% less than the same period of time last year. On the sales side, distressed properties accounted for 20.98% of all residential settled sales, up .45% from last month, but still down 3.42% year-over-year.

August 2013 Highlights

Listings 
Residential active listings increased, 0.75% year-over-year, to 11,347 (August 2013) from 11,263 (August 2012). 
Under Contract (Pending) Residential Sales
Total residential under contract sales increased by 9.09% when compared to August 2012 (2,041 vs. 1,871). 
Sales 
Total property sales and total residential sales increased when compared to August 2012 showing increases of 
7.96% and 6.81% respectively. 
Inventory 
There is currently 6.51 months’ supply of inventory of residential homes on the market in the Hampton Roads area, 
a decrease from last month (6.56) and down 7.53% from August last year when it was 7.04 months.

* Total Property statistics include all property types (Residential, Commercial, Duplex, Apartment and Land & Farms), resale and new construction.

* Months’ Supply Inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months average sales activity.

**This information was provided by REIN Press release 8/13.  These statistics are based solely on listings entered into the Real Estate Information Network by REIN broker members. The geographical area includes southeastern Virginia (Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Franklin, Smithfield, Isle of Wight, Hampton, Newport News, York County and Poquoson) to Williamsburg, James City County, Gloucester, Middlesex, Virginia’s Eastern Shore and northeastern North Carolina. Reports include all property types: Attached and Detached Residential, Duplex, Apartments, Commercial, and Land & Farms.

_______________________________________________________________________________________________

Psst….    .I’m a real estate agent.

This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of the Williamsburg/ Hampton Roads area and his expertise in the local real estate market.

I can help you access all the information you will need about choosing a neighborhood and buying a home in New Kent, Gloucester, Newport News, Hampton, York County, Smithfield, Williamsburg, Poquoson or the greater Hampton Roads area, including area information on schools, local government, shopping, activities for the children and more! Whether you have made a decision to relocate, retire or are just considering a move to Williamsburg or Hampton Roads VA, let me help make your transition or PCS to the  area a smooth and enjoyable one!

Hampton Roads is a transient community due to the large population of military members in the area. I have a unique perspective on relocation and have helped many families move in and out of the area. I understand the kind of support team it takes to make a smooth transition.

Area Orientations

Complete tours can be scheduled to help you familiarize yourself with Williamsburg and Hampton Roads neighborhoods, home prices, shopping centers, military bases, recreational facilities, public & private schools and transportation systems. My orientation will provide you with awareness of aircraft noise & accident potential zones, flood zones, major traffic patterns and commute times to your job.

You can search homes for sale , active adult communities, 55+ communities, condos and townhomes, foreclosures/ REO,  land, building lots, commercial property  in Williamsburg, Yorktown, New Kent, Gloucester, Poquoson as well as the surrounding areas of Hampton Roads, Virginia

You can reach me by phone at 757-254-8136 or email John@MrWilliamsburg.com

I look forward to serving your real estate needs!

Best,

John

Advertisements
%d bloggers like this: