Category Archives: Events in DC

609 Stratford Cir, Lake of the Woods Virginia- now SOLD!!!

You will absolutely fall in love with 609 Stratford Circle! You are welcomed by gleaming hardwood floors, formal dining room with columns, a living room featuring cathedral ceilings, a gas fireplace for those cool nights, and an abundance of natural light. Enjoy cooking in the spacious kitchen with breakfast bar, as well as a dining area with access to the screened porch. The open floor plan will make entertaining a breeze! The sought after split bedroom design with an incredible, expansive owner’s suite featuring a double closets, the large en-suite bath features a soaking tub to melt the day away. Imagine quiet evenings in the screened porch with your favorite beverage, reading a book or enjoying cookouts with spacious outdoor living areas and spending time with family and friends.

A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $150,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. 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.

Van Gogh Immersive Experience Coming to DC

Many of us have fallen in love with the art that Van Gogh brought into this world, and now you’ll have the opportunity to experience it like never before! The Van Gogh Immersive Experience will be coming to Washington DC this summer! The experience consists of a 20,000 sq ft light and sound spectacular which features two-story projections of the most compelling work by the famed artist. This 360 degree spectacular allows you to encounter the sheer brilliance of one of history’s greatest artists.

The experience is digital and hands-free to promote proper social distancing so that a multitude of families and friends alike can enjoy this wonderful opportunity. Stretching from floor to ceiling, the experience includes separate galleries that tell his life, journey, technique and of course, display his beautiful atwork in a way never seen before.

The Immersive Experience also features a Virtual Reality interactive, which will guide you on journey through “A day in the life of the Artist.” Here, you’ll walk alongside Van Gogh during this visually rich journey as you discover the inspiration that lies behind eight of his iconic works, including: Starry Night and Vincent’s Bedroom at Arles.

Tickets for the Van Gogh: Immersive Experience will go on sale Friday, March 5th, 2021, and we highly encourage you to participate in this once-in-a-lifetime experience! For more information, you can visit the official website by clicking here!

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia, or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors 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 properties, please visit our website licatagroup.com

market stats

The LOW-down on Real Estate at the Lake 2020 By Pat Licata

The continued inventory shortage experienced by most regions of the country was clearly evident in Lake of the Woods again in 2020. Listings decreased by 11.6%, from 397 in 2019 to 351 in 2020, while closed sales were up 4% from 301 to 313. New construction accounted for 34 of the 313 sales. The median sold price increased a healthy 7.87% year over year from $270000 to $291,250 in 2020.

Of the 313 total sales reported in 2020, only 8, or 2 1/2%, 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.

Now let’s look at our steady growth over the past five years:

In 2017, there were 291 total sales, a whopping 21.7% increase over 2016 at 239. The median sales price climbed to $239,000.

In 2018, 234 homes sold, which was an 8% decrease from 2017. The median sales price rose to $249,900. In 2019, we realized a 28.63% gain in homes over 2018, with a total of 301 selling.

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 117 in 2016 to 37 in 2020.

It’s also telling to note that a significant number of lots have sold in the past five years.  From January 1, 2016-Decemeber 31, 2020, a total of 196 lots sold: 24 in 2016; 37 in 2017; 45 in 2018, 41 in 2019; and 49 in 2020. There simply are very few lots left in LOW.

New construction has been climbing, as well. 2016 realized 28 new construction starts; in 2017, there were 30; in 2018, there were 34; in 2019, there were 48; and there were a whopping 66 new starts in 2020.

Another notable statistic is the dramatic rise in average sold price to original list price ratio. It has steadily risen from 93.9% in 2016 to 99.2% in 2020.

According to Freddie Mac and the Mortgage Bankers Association, mortgage rates were expected to stay within the 3.7-3.9% range in 2020. Interestingly, rates were surely seen well below those numbers. As of today, it’s possible to obtain a 15-year fixed rate below 2%, with the 30-year rate below 3%. Financial experts are expecting another year of low interest rates.

The prognosis for 2021, as it was in 2020, is excellent! In LOW, there are 9 homes active on the market as of 1/14/2021. In January of 2019, there were 57. Low, stable rates and hopefully more inventory should propel us to experience another year of healthy sales and appreciation.

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia, or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors 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 properties, please visit our website licatagroup.com

National Cherry Blossom Festival Happening March 21st – April 12th!

What better way to celebrate springtime than the National Cherry Blossom Festival in DC! This year’s festival will span across four weeks, beginning on Friday March 20th and ending on April 12th! During this time, there will be several different events that will be going on, starting off with the Pink Tie Party on March 20th, which features live music, an open bar, a live performance by WHITE OUT TOKYO who were the World of Dance Champions, and a truly amazing silent auction! The opening ceremony will officially kick everything on the 21st during the opening weekend. On March 28th, thousands of kites will take to the skies at the Blossom Kite Festival! Starting at 10AM at the grounds of the Washington Monument, novices and professionals alike will test their skills in through various competitions and demonstrations. You can bring your own kites or purchase them at the event. Kids can create their own at the activity station and fly them on the public field.

Make sure you’re at Constitution Avenue on April 4th from 10AM – 12PM for the National Cherry Blossom Parade! With marching bands, elaborate floats, giant helium balloons and performers marching down the street, it’s sure to be a spectacle that you don’t want to miss!

Lastly, be sure to be at Water St SE for Petalpalooza on April 11th! From 1PM – 9PM, you’ll enjoy a day full of live music and numerous engaging activities that are sure to be fun for the whole family! This is a celebration of art, music, and each other and will conclude with a spectacular firework show set to music. This yearly celebration is loved by all, and you’re sure to have an amazing time at any and all events! Make sure to save each date, as the Cherry Blossoms won’t last forever!

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors 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 properties, please visit our website licatagroup.com

6th Annual Ice Yard Event in DC On February 1st!

Image Taken by Asico Photo

Returning for its 6th year, the annual Ice Yards event will be happening on Saturday, February 1st from 1PM-5PM in Washington DC! Here you’ll enjoy popular Icy cocktails and local brews as you spend your time at the only adult-friendly winter wonderland in DC! Participate in ice games and interactive ice activities while you enjoy live music, axe throwing, inflatable jousting, live ice carving and an attempt at DC’s largest group Shotski! Tickets are only $10 and include (1) beer or wine upon entry. Guests can also take part in the “Polar Plunge” to help raise money for the Special Olympics DC! For more information about this event, be sure to Click Here!

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors 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 properties, please visit our website licatagroup.com