Feeds:
Posts
Comments

So, how was the real estate market in 2009? Well, here in Williamsburg, it was not all that different from 2008. As you already know, the Williamsburg real estate market has been in a slump for three years. But, in 2009, we did start hearing some positive news for a change. In fact, the news media has started looking for good news because good news IS news!

Here’s a chart summarizing the home sales in Williamsburg’s Golf Communities:

Homes Sales – 2001 – 2009

Notice that the number of homes sold in Ford’s Colony increased significantly in 2009 from 2008.  This is a small sign, but hopefully, it signals the bottom.  We are all ready to see a recovery.  We have yet to see a significant  impact from foreclosure sales here in Williamsburg.  Less than 10% of the homes sold in 2009 were foreclosures. 

If you would like to see the numbers behind the graph, click here.

The graph of lot sales volume changes since 2001 is even more dramatic than the home sale changes.  Take a look (click chart for larger graph):

Lot Sales in Williamsburg's Golf Communities

Here, too, Ford’s Colony is leading the way in recovery.  Lot sales increased in 2009 over 2008 in Ford’s Colony.   Lot sales are practically nonexistent in the other communities.  For the details behind the graph, click here.

Inventories are high (350 lot listings in James City County on 1/31/10), and buyers are finding bargains.  Note that the sale numbers do not include lot sales by the developers of any of these communities.  However, developer sales have declined in a similar fashion.

I don’t think we are ready to throw a party and celebrate the return of prosperity for the real estate market.  But, we are seeing the light at the end of the tunnel! 

 

Here at A Chef’s Kitchen! It’s soup night.

If you haven’t been to this restaurant, you don’t know what you are missing!

Last week, I was vacationing in Philadelphia.  Take a look at the gas prices!  This morning, I took this photo of the prices in Richmond.

 

Gas Prices in Philadelphia - on the Main Line

Gas station in Richmond (Midlotian Tpk)

 

 

Most folks know that we have some pretty good golf here in Williamsburg, VA.  But, do you know where to find the BEST golf?

Without question, the Gold Course at the Golden Horseshoe is the best course.  Designed by Robert Trent Jones, Sr., it is one of the best in the country.  Here are some photos that I took a few weeks ago.

These photos are of three of the most scenic par 3 holes you will find… challenging too!

If you are a golfer, you owe it to yourself to play “The Shoe”!  It’s a bit pricey, but as the old saying goes “you get what you pay for”!

__________ Information from ESET NOD32 Antivirus, version of virus signature database 4331 (20090813) __________

The message was checked by ESET NOD32 Antivirus.

http://www.eset.com

See and download the full gallery on posterous

Looking for a second home?  Let me help you find it!

Here’s my client Debra Gordon (left) shopping for a “rivah” home.

Here’s a link to ALL of the waterfront properties listed for sale in the Chesapeake Bay and Rivers MLS within easy driving distance of Williamsburg (less than 1 ½ hours):

http://www.navica2.net/displays/?n=297&i=669324&k=RI4QMgfW

There are 387 homes in all price ranges.  Call me, and I’ll set up a custom search for you so you can follow all of the properties in your desired price range.  Also, when you are ready to get serious, let’s spend some time on the road exploring these options.

Susan

Susan Krancer

Liz Moore & Associates

Williamsburg, VA

757-784-0363

golfproperties@cox.net

__________ Information from ESET NOD32 Antivirus, version of virus signature database 4319 (20090809) __________

The message was checked by ESET NOD32 Antivirus.

http://www.eset.com

Well, it’s 6:30!  Getting ready to play golf at the Homestead.  It’s the qualifying round of the Senior Amateur.

Here with Betsy Conboy and Margaret McMillen from Ford’s Colony and Marcie Moreau from Two Rivers.

Updates to follow! 

Susan Krancer, REALTOR®

Liz Moore & Associates

5350 Discovery Blvd.

Williamsburg, VA  23188

phone:  757-784-0363

fax:  757-240-5666

golfproperties@cox.net

www.WilliamsburgGolfProperties.com

Licensed in VA

__________ Information from ESET NOD32 Antivirus, version of virus signature database 4280 (20090726) __________

The message was checked by ESET NOD32 Antivirus.

http://www.eset.com

US Debt Clock

Someone just sent this to me.  It’s very scary!  These are unbelievably big numbers.

http://www.usdebtclock.org/#

Susan Krancer, REALTOR®

Liz Moore & Associates

5350 Discovery Blvd.

Williamsburg, VA  23188

phone:  757-784-0363

fax:  757-240-5666

golfproperties@cox.net

www.WilliamsburgGolfProperties.com

Licensed in VA

__________ Information from ESET NOD32 Antivirus, version of virus signature database 4259 (20090719) __________

The message was checked by ESET NOD32 Antivirus.

http://www.eset.com

Follow

Get every new post delivered to your Inbox.