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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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Who sold more Fords Colony real estate in 2012 ?

Bragging Rights !

It seems there are many real estate brokers  in the area that claim to be  #1 this and #1 that. I felt it was time to set the record straight. Drum roll please.

The NUMBER #1 Brokerage for sales and listings in Fords Colony in 2012 was Liz Moore and Associates. With an astounding 31.98% market share, we sold or listed one of every three homes in the community in 2012.

The runners up for 2012 in second and third place were William E Wood and Fords Colony Realty who had a COMBINED share of 28% .

Our company had sales greater than the combined totals for the offices in 4th, 5th, 6th, 7th, 8th, 9th, and 10th place combined.

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Click here to see all detached homes for sale in Fords Colony

Click here to see all townhomes, attached homes and condos for sale in Fords Colony

Download a detailed sales report for Fords Colony showing all homes sold in 2012

Download sales statistics for Fords Colony in 2012 here

What does this mean for you?  Well, we’ve had a strong market this year with steady home values and an increase in market activity.  If you’re thinking of selling anytime soon, consider going on the market to take advantage of the increased number of buyers, list prices, sales prices, and fewer days on the market before sale..

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.

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.

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 text or call me at 757-254-8136 or email John@MrWilliamsburg.com

I look forward to serving your real estate needs!

Best,

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Fords Colony Real Estate Market Turns Around in 2012

fords colony williamsburg vaWhat a difference a year makes for home sales in Fords Colony, Williamsburg VA !

At the beginning of 2012 the unsold home inventory in Fords Colony stood at almost a 17 month supply. As of today it is almost at six months, WOW. ( six months is considered a balanced market. Under six months is a sellers market)

This makes it the number one most improved neighborhood market in the James City County, Williamsburg VA area..

It almost feels like 2005 again with a number of homes selling within a few days and multiple offers coming in on a number of listings.

From a low of 78 sales in 2011,the total number of homes sold soared 56% in 2012 to  118 homes.

In 2012 there were 19 homes in Fords Colony that sold in 10 days or less. 45 homes sold in 45 days or less. Basically if a homes comes on the market in Fords Colony that is realistically priced and is decent condition they are selling in a very short period.

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A few highlights for 2012:

Median days on market has dropped from 345 to 73 days !

The number of homes on the market has dropped from 112 in Jan 2012 to 88 in Jan 2013  (21% drop)

8 home sales have closed in 2013 so far compared to 3 in January 2012 ( 166% increase)

A number of price categories had tremendous jumps in sales activities. Sales for homes priced from 350k to 400k increased 78% from 14 sales in 2011 to 25 sales in 2012. From 450k to 500k the number of homes sold soared 89% from 9 to 17.

500k to 550k jumped 45%. 600k to 700k home sales increased 66% from 6 to 10. The upper end is starting to move again as well . There were 4 sales over $900k in Fords Colony in 2012 versus only 2 in 2011

List prices are increasing in 2013. The median list price has jumped 10% from $454,500 to $500k.. Although median sales prices dipped from $487,500 in 2011 to 479k in 2012. It is steadily increasing in the last 12 months. We will most likely see a 10% increase in median sales prices this year due to the low inventory of home.

Percentage discounts from list price ranged from 84% to 1.03 percent. Yes, that’s correct buyers paid more than list price. The median discount has been 96% from list price . This has risen to 98% in the last 3 months. We are seeing a number of offers coming in at list price. In this price range fewer buyers are asking for closing costs. Most simply pay them own.

So, what does this mean to you as a buyer ? Expect to pay more , make an offer quickly if you want the home, expect competing offers on nice homes that are priced reasonably.

If you are Fords Colony homeowner thinking of selling , maybe now is the time !. I would be happy to chat if you so desire..

Click here to see all detached homes for sale in Fords Colony

Click here to see all townhomes, attached homes and condos for sale in Fords Colony

Fords Colony Country Club announces sale

The sale of of Ford’s Colony Country Club was finalized on Friday, November 30, 2012. The club was purchased by a joint venture comprised of Accord Golf Capital and Och-Ziff Real Estate. The joint venture brings together a management team with well over 50 years of combined golf industry experience and a significant capital provideThe sale of of Ford’s Colony Country Club in Williamsburg was finalized on Friday, November 30, 2012. The club was purchased by a joint venture comprised of Accord Golf Capital and Och-Ziff Real Estate. The joint venture brings together a management team with well over 50 years of combined golf industry experience and a significant capital provider. The venture was created to acquire golf assets similar in size and stature to Ford’s Colony. Ford’s Colony is the first of what we believe will be many such acquisitions. The new owner has retained Traditional Golf Management (TGM) to oversee the day to day operations of the club. There is a fantastic team in place at Ford’s Colony and we are looking forward to working with them to build upon the great reputation that has been established through the years.

Traditional Golf Management (TGM) is a golf management company established in 1999, located in Toano, Virginia. TGM operates a total of thirteen clubs including six in Virginia Brickshire in Providence Forge,  King Carter in Irvington, , Royal New Kent in Providence Forge, Stonehouse in Toano, and Stonewall Golf Club in Gainesville
TGM also operates clubs in North Carolina (5), Connecticut (1) and New York (1). TGM has extensive experience operating both private and semi-private golf clubs. At each of TGM s clubs we strive to enhance the overall member experience and customer satisfaction through open and frequent communication, upgraded member services, structured and ongoing capital improvements and ultimately improving the overall member value proposition.

Country Club @ Fords Colony (6)The new ownership group not only understands how important Ford’s Colony is to the members as an amenity and social hub, but also understands the value the club brings to the residents of the surrounding community. TGM is working diligently to compile a comprehensive plan of improvements and enhancements,

Beginning January 1, 2013, Fords Colony Country Club members will have reciprocal member access to the three local TGM Clubs as well as reciprocal access to an additional nine Clubs in the TGM network.  Members can play at Stonehouse, Royal New Kent and Brickshire for a member cart fee of $20.

Read more about Ford’s Colony here

Ford’s Colony Hosts 25th Anniversary Parade this weekend

A parade will be held this Saturday October 13th to Celebrate the 25th anniversary of Fords Colony

The parade  honors Ford’s Colony’s residents who are active duty military,  veterans and its community volunteers which number in the hundreds.

OLYMPUS DIGITAL CAMERA         The parade will start at 1:00 PM along Williamsburg West Drive starting at the gate off Longhill Road and concluding with a ceremony (EMCEED BY AL WOODS) at the Westbury Pool where Ford’s Colony military heroes and volunteers will receive the accolades they deserve. 

The long range weather forecast is for partly cloudy skies, temperatures in the mid 60s and no wind. Bring your chairs, blankets and picnic baskets and enjoy this beautiful, celebratory day
It’s a “don’t miss happening” at Ford’s Colony. Come cheer for the 10 Grand Marshalls, all WW II veterans, riding in beautiful cars supplied by Fords Colony  residents and some of their Auto Enthusiasts. The massed color guards of the James City County Fire and Police Departments will lead the parade followed by  active duty military and veterans, an element of the Colonial Williamsburg Fife and Drum Corps, many of resident clubs and volunteers waving flags and carrying banners, and the marching Band of The Lafayette High School Rams.

Want to go?

The parade starts at 1 p.m. this Saturday, Oct. 13, along Williamsburg West Drive. It is open to the public, but parking is limited. Plan to arrive at or before 12:30 pm.

Fords Colony foreclosing on home owner for not paying HOA dues

100 walton heath home being forclosedIn many states it is not difficult for an HOA to foreclose on a residents home for past due amounts even if the amount owed is just a few hundred dollars.

"The fact of the matter is, the laws of the state of Virginia allow the homeowners association to file assessment liens on properties who haven’t paid their assessments, and they also allow foreclosure on those liens,"

While these situations are rare in Williamsburg. VA this marks the second case filed recently by the Fords Colony Home Owners Association. This time the HOA has engaged the  Association Dues Assurance Corporation of St Clair Shores Michigan to foreclose on a home located at 100 Walton Heath in the Fords Colony neighborhood.

A foreclosure auction is scheduled for September 27th unless the lien is satisfied prior to that time according to a notice that was posted in the local newspaper.

Anyone who stops paying a mortgage knows the bank can come after their home but most don’t realize that a home owners association has the same power.

OLYMPUS DIGITAL CAMERA         Sadly I guess it was bound to happen with well over 2000 property owners who have to pay the $392 quarterly dues. Even lot owners who don’t love there have to pay the fee.

The property being foreclosed on by Ford’s Colony HOA is a  5900 square foot nine bedroom home built in 2009 and owned by Patrice Perry. The home is currently assessed by James City County for $701k

( note: we were unable to verify the amount of unpaid HOA fees due on this home)

If an association did not have a means, a forceful means, to collect that money from any homeowner who, for whatever reason, couldn’t pay, it places an unfair burden on every other owner in that association.

Homeowners associations require dues to maintain common areas — pools, parks, landscaping and lighting. After owners default, the associations are left with few options. They can either slash services or raise the fees.

Homeowner Associations generally attempt to work deals with homeowners and only foreclose after dues go unpaid for more than a year or longer, experts say. That way they avoid the attorneys fees and court costs that come with foreclosing. By foreclosing, the associations are then on the hook for maintaining the seized properties. The filing indicates a lien was filed against the property back in January 2011

Frank Rathbun, a spokesman for the Virginia-based Community Association Institute, CAI, said associations don’t want to foreclose, but will as a last resort.

"Associations have to operate as the businesses they are," Rathbun said. "Homeowner associations have a responsibility to maintain the community."

Virginia  law allows homeowners associations to foreclose on a home or property if the owner owes money to the association.

The Virginia Property Owners’ Association Act governs the operation of property owners’ associations. According to the act, homeowners associations can file liens on residents if they don’t pay assessments, fines or other costs associated with both.

Nationally, about 62 million people live in 310,000 homeowners associations, condominium communities, residential cooperatives and other planned communities, according to the Community Association Institute. A survey by the group in October found that 65 percent of homeowners associations have delinquency rates exceeding 5 percent, up from just 19 percent of associations in 2005.

What about you ?. Do you think Home Owner Associations should be allowed to foreclose when HOA  fees are not paid ? 

Read more about Fords Colony here

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Pssssst…….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

Just sold in Fords Colony-Williamsburg VA

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bannerpsst … 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 areas of Virginia or to sell your existing home.

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  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.

Here you can search homes for sale , active adult communities, 55+ communities, condos and townhomes , foreclosures/ REOland, building lots, commercial property  in Williamsburg , Yorktown, New Kent, Gloucester, Poquoson as well as the surrounding areas of Hampton Roads, Virginia
You can reach John by phone at 757-254-8136 or email him atJohn@MrWilliamsburg.com

I look forward to serving your real estate needs!

Best,

John

Court grants judgment against Realtec in Fords Colony lawsuit

fc signOne of  two homeowner cases against Realtec has been resolved successfully. At a hearing on Thursday, July 19, 2012, the Court granted a Motion for Summary Judgment against Realtec. The Court agreed with the Fords Colony Homeowners Association’s position that Realtec did not have the unilateral authority to re-designate Ford’s Colony Drive from “Reserved Area” to "Common Area" by which Realtec was attempting to force the FCHOA to accept financial responsibility for Ford’s Colony Drive in its “as-is” condition. According to the Declaration, Realtec has the financial obligation to maintain Ford’s Colony Drive.

The Board, along with legal counsel, is evaluating the extent that this decision boosts it’s position in another case against Realtec.

Read more about Ford’s Colony here