Category Archives: realty

Open Houses on Saturday 5/1 and Sunday 5/2 From 1 PM – 3 PM in Lake of the Woods, VA!

Join us this Saturday 5/1 & Sunday 5/2 as we show off these beautiful homes for sale in Lake of the Woods, VA! Face masks will be required to enter, and social distancing is highly recommended. For more information about the home, click the link below!

609 Stratford Circle, Lake of the Woods, VA Priced at $369,900 (COMING SOON!)

1324 Lakeview Pkwy, Lake of the Woods, VA Priced at $379,900 (COMING SOON!)

300 Mt Pleasant Drive, Lake of the Woods, VA Priced at $939,900 (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 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.

🚨COMING SOON🚨 Beautiful Townhouse For Sale in Leesburg, VA! 18236 Cypress Point Ter Now UNDER CONTRACT!

This stunning, stone town home, just steps from the Potomac River, Over 3,800 sq. ft, including a 2-Car Garage, open floor plan with walls of windows, high ceilings, and gleaming hardwood floors. The main level features an inviting foyer, a family room with floor to ceiling stone fireplace and a french door to a lovely deck with amazing views. The family room opens into the gourmet chefs kitchen with center island, breakfast bar, breakfast nook, pantry, granite, custom backsplash, stainless steel appliances. The angled staircase leads to the upper level with Owner’s Suite with a wall of windows, gas fireplace and an en-suite bath with dual vanity, separate shower, soaking tub and walk in cedar closet. The lower level features an incredible great room with gas fireplace with access to a beautiful patio and another bedroom and full bath. You will love River Creek and all the Amenities – Golf Course, Clubhouse with restaurant and fitness center, pools, tennis courts, walking trails along the Potomac River, Kayaking, Basketball Courts, Tot Lots and more!

 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

Beautiful Home With Screened Porch For Sale in Lake of the Woods, VA! 604 Mt Pleasant Drive NOW UNDER CONTRACT!

Welcome to 604 Mt Pleasant Dr…. the brick accents welcome you to this custom-built home, close to the front gate. Once you enter, you are greeted by gleaming hardwood floors, a cozy fireplace, fine finishes, and a sought-after open floor plan! The ample windows and skylights allow the sun to shine into this well-maintained, move in ready Lake of the Woods home. The kitchen has been remodeled with beautiful granite counter tops, backsplash and white cabinets. Sought after split bedroom design is sure to please. The owner’s suite is spacious and offers an en-suite bath that you will love with double vanity, soaking tub and separate shower. The screened porch is massive and so inviting and will be one of your favorite spots as well as the deck. For more information on 604 Mt Pleasant Drive, Click Here!

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.

LOT For Sale in Lake of the Woods, VA 301 Yorktown Blvd – SOLD!!

Imagine your dream home here! Nicely level wooded lot near beaches and parks. Amenity-rich Lake of the Woods offers so many choices: play golf, jump in the lake, swim at the pool, work out at the fitness center, or dine at the clubhouse overlooking the pristine lake, the choice is yours. For more information on 301 Yorktown Blvd, Click Here!

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.

LOT For Sale in Rapidan, VA 0 Clarks Mountain Road Offered at $69,000

A beautiful wooded 6 acre home site nestled in historic Rapidan Virginia. Imagine building your dream home with privacy, and enjoy all the outdoor activities living on acreage provides. Abundant hardwood trees and lush greenery make this one of the best deals in the state of Virginia. For more information on 0 Clarks mountain Road, Click 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

Beautiful Brick Home For Sale in Fredericksburg, VA! 307 Chestnut Lane Now UNDER CONTRACT!

You will love this well maintained home in sought after Spotswood Estates. You are welcomed to 307 Chestnut Lane by the brick front, great curb appeal and inviting front porch! Once inside you will love the gleaming hardwood floors, spacious and open kitchen featuring stainless steel appliances, and a breakfast bar. The owner’s suite features a sitting room and double closets as well as an en-suite bath. The lower level is finished with a family room with gas fireplace, bedroom, and 1/2 bath. There is plenty of room to have flex space to create an office or exercise area. Enjoy the deck off the breakfast area and the lower level to relax and enjoy your favorite beverage.  Close to I95, VRE and oodles of shopping and dining as well as downtown Fredericksburg. For more information on 307 Chestnut Lane, Click 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

Beautiful Home UNDER CONTRACT in Lake of the Woods, VA 312 Yorktown Blvd

Come see what this lake life is all about! Enjoy one level living with an open floor plan, spacious living room with vaulted ceilings and floor to ceiling stone fireplace. Amazing kitchen with newer appliances and all the amenities. You will love the owner’s suite with en-suite bath and walk in closet. Relax on your rear deck and enjoy a meal in your own gazebo with a wooded private backdrop.

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.

What Makes Today’s Real Estate Market So Competitive?

Key Takeaways

  • This year’s housing market is shaping up to be the most competitive on record, but the pandemic isn’t the only thing influencing the national real estate boom.
  • There are actually quite a few factors contributing to today’s hot market, including unfettered buyer demand, historically low supply, and steady interest rates.
  • Have questions about buying a home in 2021? Get in touch with us for even more personalized advice.

3 Factors That Make 2021’s Real Estate Market More Competitive Than Ever

If you’re planning a move, you might be wondering how the real estate market will change this year—and the predictions are pretty eye-opening. Existing home sales are expected to increase by 9%, home prices could rise by a whopping 8%, and mortgage rates should stay well below 4% for the foreseeable future.

For buyers, this means you may have to work harder than usual to find the perfect place. However, this extra effort will pay off if you have a home to sell or want to take advantage of extraordinarily low interest rates.

Need help making sense of today’s market? Here are a few reasons why real estate is more competitive than ever in 2021.

The ongoing pandemic

Buying a home during the pandemic

A year ago, real estate experts had no idea how the COVID-19 pandemic would impact the housing market. While many predicted a crash akin to what we saw in 2008, we actually saw the opposite: a pandemic housing boom.

During last year’s lockdowns, many renters and homeowners grew unhappy with their living situations and wanted a change. This caused demand for homes to spike—and as panicked sellers pulled their listings, prices rose higher and higher.

The pandemic might slowly be coming to an end, but we’re still seeing remnants of 2020 in today’s market. And while more sellers are finally warming up to the idea of listing again, available housing supply is still at its lowest point ever.

Record-low interest rates

Dice changing rates

In late March, interest rates for 15- and 30-year mortgages hovered around 2.5% and 3.3%, respectively. Although these numbers aren’t quite as low as they were in 2020, buyers can still score a once-in-a-lifetime deal by moving now.

To put things into perspective, let’s say you’re thinking about buying a $300,000 house with a 20% down payment. Back when rates were nearing 4%, you could expect to pay around $1,200 per month for your mortgage. However, if you were to buy that same home with a 3% interest rate, your payment would drop to just $1,012—and that difference can save you tens of thousands of dollars over time.

Low inventory & unprecedented buyer demand

Sold sign

Real estate is all about supply and demand. And in today’s competitive market, an inventory shortage and swelling buyer demand have created perfect conditions for sellers. In particularly popular areas, it’s not uncommon for homes to sell just days after they’re listed, sometimes in bidding wars that go above the original asking price.

If you’re thinking about buying a home soon, be prepared to act fast. Many agents recommend getting pre-approved, limiting your contingencies, or even setting an escalation clause to automatically outbid other buyers.

Bottom Line: Now Is the Time to Move

Navigating 2021’s one-of-a-kind real estate market may seem like a daunting task, but the right agent will help you through every step of the process. Today’s buyers can capitalize on shockingly low interest rates, while sellers stand to make an impressive profit should they decide to list soon. And if you ever have any questions, we’re always here to help!

Buying or Selling Soon? Let’s Talk!

Don’t let the market keep you from making a move. If you’re ready to achieve real estate success in no time at all, drop us a line to get started. We’d love to offer you one-on-one buying or selling advice that’s tailored to your unique needs.

 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

Open House On Saturday 4/3 and Sunday 4/4 From 1 PM – 3 PM in Lake of the Woods, VA!

Join us this Saturday 4/3 & Sunday 4/4 as we show off these two beautiful homes for sale in Lake of the Woods, VA! Face masks will be required to enter, and social distancing is highly recommended. For more information about the home, click the links below!

102 Happy Creek Road, Lake of the Woods, VA Priced at $299,900

112 Woodlawn Trail, Lake of the Woods, VA Priced at $899,900

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.

Stunning Waterfront Home For Sale in Lake of the Woods, VA 112 Woodlawn Trail Now UNDER CONTRACT!

Imagine the memories you’ll make with family and friends as your waterfront adventure begins! Spectacular views,  dock with boat slip, and a contemporary house with a true lake house feel make this one “the one!” You’ll love spending your days at the dock either relaxing or floating on a raft, jumping in the water, or onto your watercraft of choice. A screened porch and deck provide endless opportunities to enjoy the outdoors in addition to the fabulous dock area.  Once inside, you will love the hardwood floors,  fireplace to keep you warm on cold nights, and the open feel of this home. The cathedral ceilings and all the windows add to the lake house feel. For more information on 112 Woodlawn Trail, Click Here!

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.