Category Archives: fredericksburg

105 Sagun Dr Fredericksburg VA 22407

105 Sagun Dr, Fredericksburg, Virginia 22407 Offered for Sale at $289,900 by the Licata Group Exp Realty LLC!

Welcome to 105 Sagun Drive, boasting fresh paint and carpet, kitchen cabinets, granite countertops, and so much more! The roof was replaced in 2018! If space and privacy are what you crave, then this is the one! As you arrive, you’ll immediately notice the brick accents and landscaping. As you enter, you will be delighted by the light-filled, spacious living room. Two bedrooms are located on the main level, along with a full bath. As you continue through the house to the lower level, you’ll find an additional bedroom and full bath, along with the spacious family room. The incredible fenced-in private backyard, perfect for family, pets, or a garden, is sure to please! And wait until you see the newer deck! Minutes from Rt 1, I95, restaurants and shopping, you simply can’t beat the location.

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 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, 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.

10204 N hampton ln, fredericksburg va 22407

10204 N. Hampton Ln, Fredericksburg Virginia 22408 Offered for Sale at $425,000 by the Licata Group

Welcome to 10204 N Hampton Lane! You will be wowed from the moment you pull up! So much curb appeal. Once inside, you are welcomed by beautiful hardwood floors and a two-story foyer. That’s only the beginning…your kitchen has everything you could want, upgraded stainless steel appliances, an island, pantry, and so much space will make cooking and entertaining a breeze. The family room will delight with cathedral ceilings, tons of natural light, and a gas fireplace for those cold winter nights. The owner’s suite with tray ceilings and an en-suite bathroom boasts a soaking tub and double vanity. There are three more bedrooms and another full bath to complete the upper level. The lower level is finished and would make a great in-law or teen suite. This space could also be used as a classroom. Enjoy entertaining family and friends on your deck overlooking trees and a pond. The backyard is private and fully fenced. Close to everything from shopping, restaurants, the VRE, and downtown Fredericksburg.

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 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, 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.

fredericksburg virginia dog show

“America’s Oldest” The Fredericksburg DOG MART Returns!

On Saturday, September 25th between 9:30 AM – 3 PM visit 12400 Herndon Rd, Spotsylvania, Virginia for a FREE dog-lovers event! This will mark the 323rd Anniversary of Fredericksburg’s DOG-MART and will feature a dog show, adoption showcase, raffles, demonstrations, and food and beverages.

Check out the archery activities and BB Gun shooting for the kids! Taste the fresh cooked burgers, fries, and other delicious food trucks on hand. Watch the amazing dogs perform during their show.

There is no cost to enter, however, parking is $5. Bring in a Dog Food donation for free raffle tickets! Learn more about this event here.

This event is hosted by: The Fredericksburg-Rappahannock Chapter of the Izaak Walton League of America

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 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, 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.

10814 Peach tree, fredericksburg virginia

10814 Peach Tree Drive in Fredericksburg, Virginia, now UNDER CONTRACT by the Licata Group!

Welcome to 10814 Peach Tree Drive, boasting fresh paint, flooring, and a brand-new roof! If space and privacy are what you crave, then this is the one! As you arrive, you’ll immediately notice the brick accents and landscaping. As you enter, you will be delighted by the spacious living room that is full of natural light and the character of the archways leading into the kitchen and dining room. The kitchen provides a breakfast bar ready for your stools and offers plenty of counter space to spread out. Two bedrooms are located on this level, with the larger having direct access to a full bathroom. As you continue through the house to the lower level, you’ll find an additional two bedrooms and a full bath. The expansive family room that leads out to the patio is sure to please, along with an incredible fenced-in backyard, perfect for family, pets, or a garden. And wait until you see the large shed! Conveniently located in the sought-after Riverbend school district, restaurants and shopping are just minutes away!

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 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, 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.

5312 S. Branch Rd Fredericksburg VA 22407

5312 S. Branch Rd, Fredericksburg, Virginia 22407 now SOLD by the Licata Group!!

Welcome to 5312 S Branch Rd! If space and privacy are what you crave, then this is the one. You are greeted with hardwood floors, cathedral ceilings, and a gas fireplace. The kitchen boasts upgraded stainless steel appliances, an island, and a dining area. The owner’s suite on the main level is spacious with an en-suite bathroom. The lower level is completely finished with a family room and another owner’s suite with en-suite bathroom. The privacy of the backyard with an above-ground pool will delight. You will love entertaining family and friends! Professional photos coming soon!

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 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, 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.

buy a second home in Virginia in the woods

Does it Make Sense to Buy a Second Home in Virginia in 2021

After settling down in your home, you start thinking about how to spend your time when you’re away. Spending days traveling is great, but sometimes we wish for a base. Somewhere we want a place to come back to any time we want and relax away from our daily routines. A home away from home seems like a perfect solution. Picking a favorite location and purchasing a second home there is the dream of many families. However, it’s not easy to make this decision – it’s a costly investment and takes time and effort to maintain. But, buying a vacation home surely has its benefits, and we’re here to help you decide if you should go for it. Let’s see if it makes sense to buy a second home in Virginia in 2021 and provide your family with a fantastic place to spend future vacations. 

What are the factors that may stop you from buying a second home?

Every purchase has its pros and cons. When it comes to buying a second home, the factor that worries most buyers are the costs. Making your dream of having a second home come true possibly requires a  new mortgage, but also maintenance costs. Second homes need regular maintenance, furnishing but also paying unexpected costs whenever they come up. Finally, if your first house is located far away, visiting the second home frequently comes with increased travel expenses. 

Remember: Make sure you evaluate your budget carefully before purchasing a second home. Even though this investment comes with additional costs, it shouldn’t be a heavy burden on your budget. Include all the factors and expenses, including taxes, which apply differently to owners of vacation homes. 

 beachfront vacation properties

Even though they have a lot of benefits, vacation properties can cost a lot.

It’s a permanent holiday destination 

Another reason why people hesitate to buy a second home is related to traveling. When owning a vacation home, you hardly ever decide to go somewhere else, which may become monotonous over the years. However, families who love peaceful vacations and a homey base will surely love having a place to go whenever possible. 

Reasons why buying a second home in Virginia makes sense

If you decide to buy a second home in Virginia in 2021, you need to consider all the pros and cons. However, we feel that all the advantages will win over. Let’s go through all the benefits that will show that this decision actually makes sense. 

It’s a home away from home

Even though this seems like just a phrase, owning a second home means heaving a retreat from daily tasks – any time you want. If you decide to buy a second home, pick a location where you can truly enjoy your days off – and Virginia has a lot of them to offer. This way, you can be sure you can have a weekend getaway or a longer vacation in your favorite location where all the daily chores, work stress, and other problems simply disappear.

a road in the woods in Virginia

With just a short ride away, you can have a home away from your home.

You can save on vacations 

Having somewhere to go anytime you need a vacation can save you money, too. You don’t need to spend a lot on hotels, flights, etc. This way, you can have a great vacation – on a budget. Furthermore, the previous year and the global pandemic have prevented people from traveling abroad, so many of them decided to buy a second home within the same state. This is usually far enough to change your environment, but not travel too far away from your home.

Father and son on the beach

If you plan on renting it as a vacation home, it makes sense to buy a second home in Virginia.

Second-home can become a source of income 

Another budget-related advantage of owning a second home is earning from rentals. This investment can become a steady source of income despite some additional expenses that rentals have. However, what worries buyers is the global pandemic that stopped travel and reduced rental revenues. Hopefully, the pandemic is coming to an end, which is why it makes sense to buy a second home in Virginia in 2021. 

Ready for the big purchase?

Buying a second home in Virginia is so exciting, but picking the best location may be challenging. Many interesting nature spots can be a perfect retreat for your family. Do some research and choose the place you will enjoy the most. The next step would be purchasing the property and moving in. 

With both of these, make sure you trust the professionals. Local real estate experts will ensure you find the best property, as they are knowledgeable about the market. Also, an experienced agent will guide you through the buying process and make it a lot simpler. The next step is moving in. Again, trusting a professional to handle your relocation to the new home is essential if you want to minimize the stress and save time. Browse only trusted moving pros at bestcrosscountrymovers.com so you can be sure your items are safe. Unfortunately, the moving industry is filled with low-quality companies, so be sure to do your best to avoid them. 

Prepare for the stay 

If you plan on staying in your second home longer, make sure you prepare your first home first. This means you should turn off the water, get rid of perishable food, take care of your plants or find someone to do it for you. Now you can stay on vacation as long as you want. However, you need to prepare well for a more extended stay.

Pack your vacation items safely 

Once you buy your vacation home in Virginia, you can transport all the vacation essentials there. This way, you won’t risk damaging them when you pack every time you travel. For example, if you love fishing, you will want to pack your fishing equipment so it can travel safely. If you want to bring fishing gear with you, explore the main packing guidelines to keep the items protected during transport and enjoy your favorite hobby without any problems.

Take your time to feel at home 

As you can see, it makes perfect sense to buy a second home in Virginia in 2021. And once you do, remember that settling in a new property is not always fast. Take your time adapting your second home just the way you want it, so you can make it a true oasis for your family.

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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 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, 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.

10201 n hampton, fredericksburg virginia 22408

10201 N. Hampton Ln, Fredericksburg, VA 22408 now SOLD by the Licata Group EXP!

Welcome to 10201 N Hampton Lane! You will be wow’d from the moment you pull up! So much curb appeal and beautiful gardens and hardscapes. Once inside, you are welcomed by beautiful flooring, soaring ceilings and pride of ownership. That’s only the beginning…your gourmet kitchen has everything you could want, upgrades include gorgeous cabinetry, stainless steel appliances and will make cooking and entertaining a breeze. The family room will delight with soaring ceilings, skylights, and a gas fireplace for those cold winter nights. Elegant and spacious describe the owner’s suite with fine finishes, cathedral ceilings and an en-suite bathroom with an oversized beautifully tiled shower, refined vanity, and full of natural light. Three more bedrooms and another full bath complete the upper level. As incredible as the inside is, the trend continues to the private, landscaped backyard oasis. Enjoy entertaining family and friends on your gorgeous maintenance-free deck overlooking trees, lush yard, and flower gardens!

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 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, 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.

3 Charts That Show This Isn’t a Housing Bubble

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans.

Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006 (869). Today, the index stands at 130. As an example of the difference between today and 2006, let’s look at the volume of mortgages that originated when a buyer had less than a 620 credit score.

Dr. Frank Nothaft, Chief Economist for CoreLogic, reiterates this point:

“There are marked differences in today’s run up in prices compared to 2005, which was a bubble fueled by risky loans and lenient underwriting. Today, loans with high-risk features are absent and mortgage underwriting is prudent.”

2. Homeowners aren’t using their homes as ATMs this time.

During the housing bubble, as prices skyrocketed, people were refinancing their homes and pulling out large sums of cash. As prices began to fall, that caused many to spiral into a negative equity situation (where their mortgage was higher than the value of the house).

Today, homeowners are letting their equity build. Tappable equity is the amount available for homeowners to access before hitting a maximum 80% combined loan-to-value ratio (thus still leaving them with at least 20% equity). In 2006, that number was $4.6 billion. Today, that number stands at over $8 billion.

Yet, the percentage of cash-out refinances (where the homeowner takes out at least 5% more than their original mortgage amount) is half of what it was in 2006.

3. This time, it’s simply a matter of supply and demand.

FOMO (the Fear Of Missing Out) dominated the housing market leading up to the 2006 housing bubble and drove up buyer demand. Back then, housing supply more than kept up as many homeowners put their houses on the market, as evidenced by the over seven months’ supply of existing housing inventory available for sale in 2006. Today, that number is barely two months.

Builders also overbuilt during the bubble but pulled back significantly over the next decade. Sam Khater, VP and Chief Economist, Economic & Housing Research at Freddie Macexplains that pullback is the major factor in the lack of available inventory today:

“The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes.”

Here’s a chart that quantifies Khater’s remarks:

Today, there are simply not enough homes to keep up with current demand.

Bottom Line

This market is nothing like the run-up to 2006. Bill McBride, the author of the prestigious Calculated Risk blog, predicted the last housing bubble and crash. This is what he has to say about today’s housing market:

“It’s not clear at all to me that things are going to slow down significantly in the near future. In 2005, I had a strong sense that the hot market would turn and that, when it turned, things would get very ugly. Today, I don’t have that sense at all, because all of the fundamentals are there. Demand will be high for a while because Millennials need houses. Prices will keep rising for a while because inventory is so low.”

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 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, 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.

Beautiful Waterfront LOT in Fredericksburg, VA! 14014 Meades Court Offered for Sale at $269,900!!

14014 Meades Ct! Waterfront lot on Hunting Run Reservoir with approx 450 ft of water frontage! Build your dream home on this exceptional property. Quiet cul-de-sac location in Mineral Springs Plantation, an upscale community with mature trees and estate homes. Just minutes from Chancellorsville Civil War Battlefields. Convenient to retail and sought-after schools! You’ll love the views and privacy in this stunning community.

 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

Reap the Benefits of Your Realtor Even After You’ve Moved

Key Takeaways:

  • Our real estate expertise goes far beyond just buying or selling your home—you can rely on us for quality resources before and after you’ve moved.
  • Whether you’re searching for the best local handyman, a notary, or something else entirely, you can trust our vetted providers to get the job done.
  • If you ever need a real estate recommendation—today or years down the road—just give us a call for personalized advice!

Unlock Our Exclusive Real Estate Recommendations

We like to consider ourselves real estate experts, and we love being able to share our knowledge with you! Throughout our years of working in the housing market, we’ve formed deep relationships with not only our clients, but with local trusted businesses, too. We’ve vetted these vendors ourselves so that you don’t have to play the costly game of trial and error.

Need some personalized recommendations or strategic advice? Here’s how your agent can serve you even after you’ve moved.

Sellers, we don’t stop at “SOLD”

couple with a sold sign

When we say we’re by your side every step of the way, we mean it—which means our services never stop at “SOLD!” Whether we’ve just listed your home or already sold it, we know there’s always more work to be done. Seemingly small details go a long way in making a house a home. We’ve worked with the best professional landscapers, painters, and cleaners in the area—all contacts you need to put the finishing touches on your space.

We consider our clients to be one of our own, which means our exclusive buying and selling resources are always available to you. At any time, you can see if your home value has increased using our free estimator or jumpstart the buying process after you sell with our advanced search tool. Our real estate professionals have gained invaluable experience in working with our clients, so we try to return the favor whenever possible by providing in-depth insight.

New homeowners, you’re not done with us yet

Couple holding keys to a home

We loved helping you find your dream home so much that we want to keep working with you—and honestly, we think we’re going to need each other! Homeownership is a huge investment, so you want your new place to be in tip-top shape at all times.

First things first, it’s important to change your locks when you move into your home, since you don’t know who might have a copy of your keys. Don’t know of a local locksmith? Don’t worry, we’ll open some doors for you! Don’t let a household repair linger just because you don’t know a trusted provider who can get the job done. Whether you’re looking for a handyman to lend a helping hand on a home project or need repairs for your HVAC, you can count on our personalized recommendations for the most reliable providers in the area!

And for when you’ve been watching (maybe too much) HGTV

Older couple talking about renovations

We get it, watching Fixer Upper makes you want to DIY your entire home, especially if you’re thinking about listing soon or just moved in. But for when you’re not in the mood to do it all yourself, we’ve got contacts for everything from new light fixtures to full-on home renovations. Our desire for you to live in your dream home doesn’t stop when you sign the closing documents, and we will always be available to help with any home improvements.

Want Access to Our Preferred Vendors?

Working with a top-notch real estate agent means you’ve gained a partner for life. So when anything comes up in your buying, selling, or homeownership journey, just give us a call!

Whether you’re at the beginning of the selling process or have already bought your dream home, you can always rely on us to connect you with the area’s best vendors. Contact us today for any recommendations you may need—and don’t forget, we’re locals too, and we love to catch up with our clients!

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 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, 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.