Archives: February 2018

breakfast

Breakfast with the Easter Bunny at Malawi's Pizza!

Saturday, March 10th from 10 AM – 11 AM, Malawi’s Pizza at the Spotyslvania Towne Center will be hosting Breakfast with the Easter Bunny!
$7 + tax, per person, will include one 8 inch Pizzetta with scrambled eggs & cheese (up to 3 additional toppings can be added) and a small fountain beverage will be included with free refills. Full menu will be available at regular price.
Space is LIMITED and first come, first served!! Absolutely NO registration required.
Why eat at Malawi’s? For starters for every meal purchased at Malawi’s restaurant, a nutrient-dense meal is donated to a child in need. They also celebrate multiple charities and rally around different causes to build relationships with others.
They offer signature dough, sauces, toppings and dressings! Come try some delicious new food if you haven’t already!
Whether your looking for homes for sale in Lake of the Woods Va or Waterfront property in Virginia or homes for rent we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove and Central Virginia, we are your proven Real Estate professionals. Thinking of selling? In any market condition, that’s the #1 question asked by home sellers. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. The Question is how much is it worth? Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site!

Murder Mystery Presents: The Deadly Reception!

The Deadly Reception

Murder Mysteries Will Travel – strikes again! They will be at The Generals’ Quarters in Locust Grove on Saturday, March 3rd at 6 P.M.
The scene: A reception is held for Senator Dan Drewnell and his wife. Before his introduction, he is shot! Now let the fun begin – enjoy watching the comedy and suspense unravel right before your eyes as you try to uncover who the murderer is! Will you figure it out before the end of the show?
There are limited seating and the tickets are $65 per person. Your ticket includes: the show, dinner, tip and tax! Reserve your spot today!!
Whether your looking for homes for sale in Lake of the Woods Va or Waterfront property in Virginia or homes for rent we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove and Central Virginia, we are your proven Real Estate professionals. Thinking of selling? In any market condition, that’s the #1 question asked by home sellers. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. The Question is how much is it worth? Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site!

egg drop

Easter Egg Drop from A Helicopter?!?

What a fun and exciting way to hunt for Easter eggs this year!
On Saturday, March 31st from 11 am – 2 pm bring your children to a FREE Easter Egg Drop event in Orange, VA.
Location:
Orange Baptist Church Rt. 15 N Property (across rt.15 from Round Hill Inn/CVS)
U.S. 15 N
Orange, VA 22960
There will be 2 different “Drops” for 2 different age ranges. The first drop being at 11:30 AM is designated for children aged 3 – 7 years old and a 12 pm for the 8 – 12 years old.
There is even a special roped off egg hunt area for infants through 2 years old.
WHAT is an Egg drop, anyway?? A helicopter with a bucket of plastic, colorful eggs will fly overhead and unload all the eggs! After the helicopter is out of view the children can begin the hunt for their eggs. The eggs collected are then traded in for a bag full of candy! How sweet!
This event is filled with much more than just the Egg Drop. There will be hayrides, food trucks, a photo booth and of course, Easter-themed games.
There will even be a presentation of the Easter Story!
Don’t forget it’s FREE so bring the whole family to share the joy and experience with!
Whether your looking for homes for sale in Lake of the Woods Va or Waterfront property in Virginia or homes for rent we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove and Central Virginia, we are your proven Real Estate professionals. Thinking of selling? In any market condition, that’s the #1 question asked by home sellers. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. The Question is how much is it worth? Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site!

Tourism

OC’s Tourism Manager and Economic Development Manager to Address Civic Club

OC’s Tourism Manager and Economic Development Manager to Address Civic Club 
By Pat Licata, Civic Club President 
Please plan to join the Civic Club on Wednesday, February 21st , in the Clubhouse Great Hall at 7pm. Lori Landes-Carter, Tourism Manager, and Phil Greer, Economic Development Director, will be providing an overview of Orange County as it relates to their respective positions. 
Ms. Landes-Carter, a native of Orange County, accepted the Tourism Manager position last month; she had been the Executive Director for the OC Chamber of Commerce. Lori is the contact person for OC’s tourism program, preparing and delivering presentations on tourism program development, implementation, and management. She also coordinates and manages departmental programs and activities with key tourism principals, including tourism-related businesses and local and regional visitor attractions. 
 Lori, her husband, and her seven-year-old son are Lake of the Woods residents.
 
As Economic Development Director of Orange County, Mr. Geer’s role is to perform professional and administrative work which results in increased capital investment and job creation while maintaining and/or increasing the quality of life within the county. As you might imagine, the scope of work involved is wide-reaching. A few of Phil’s responsibilities include assisting prospective businesses, existing companies, and nurturing local startups and overseeing OC’s promotional materials and online presence. 
Phil, his wife, and their English bulldog and two cats currently live in Greene County. 
 
 
Whether your looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia, we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove and Central Virginia. We are your proven Real Estate professionals. Thinking of selling? In any market condition, that’s the #1 question asked by home sellers. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. The Question is how much is it worth? Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site!

state of real estate

The State of Real Estate at the Lake-2017

The State of Real Estate at the Lake  

By Pat Licata, External Affairs Committee 
What a difference a year makes! 2017 was an amazing year for real estate sales in Lake of the Woods, with sales showing an increase of 21+% over 2016. New construction has continually been on the rise as well.  
Of the 294 total sales in 2017, only 17, or 5.8%, were either short sales or foreclosures.  
At the height of the distressed real estate market in 2010, a whopping 43% of all sales were either short sales or foreclosures. We’ve come a long way!  
So let’s look at our steady growth over the past five years: 
Total Homes SoldIn 2013, the median sold price was $190000, and 211 homes sold, of which 28.2% were distressed sales.  
In 2014, the median sold price jumped to $219,450, with 193 homes selling, of which only 11.9% were distressed.  
In 2015, the total sales climbed to 247, with 15% being distressed. The total sales represented almost a 30% gain over 2014, and the median sales price dropped to 210,000.  
In 2016, the market was pretty flat compared to 2015 in regards to total sales, which held at 243 with a decrease in distressed sales to 11.1%. However, 2016 saw the median price jump to 225000, a healthy 7.1% increase.  
2017 told a totally different tale: 294 total sales, a whopping 21.1% increase over 2016 with only 5.8% being distressed. The median sales price climbed to 239,000. 
Average days on the market (DOM), which is the number of days it takes from the time a property is listed until it goes under contract, has steadily declined from 111 in 2013 to 95 days in 2017. 
Median Sold PriceIt’s also telling to note that a significant number of lots have sold in the past five years. From January 1, 2013-December 31,2017, 155 lots exchanged ownership.  
New construction has been climbing, as well. 2013 saw 17 new construction starts, while 2014 had 18, In 2015, there were 41; in 2016, there were 28; and there were 30 in 2017. 
Another good year in 2018 is anticipated! Our low taxes in OC will potentially be even more appealing to prospective residents. The new tax law allowing tax deductions only up to $10,000 for real estate taxes may drive consumers to lower tax base localities such as what we enjoy here. 
 
New ConstructionWhether your looking for homes for sale in Lake of the Woods Va or Waterfront property in Virginia or homes for rent we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove and Central Virginia, we are your proven Real Estate professionals. Thinking of selling? In any market condition, that’s the #1 question asked by home sellers. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. The Question is how much is it worth? Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site!