Welcome to 5500 Holmes Place #703! Only minutes from the new Amazon Headquarters. Enjoy the fitness center, sauna, pool, courtyard and barbecue area. Place One building has been renovated and is beautiful. This beautiful condo has been updated! Very open floor plan, kitchen has a lot of counter and cabinet space, washer/dryer is in unit, Storage Locker. One Assigned spot #357 in under ground parking. For more info, 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
In February, 16 homes sold in Lake of the Woods. 2 sold between $130-200,000; 1 sold between $200-250,000; 7 sold between $250-300,000; 5 sold between $300-400,000; 1 sold at $600,000.
66 Active Listings for Sale 48 Homes Under Contract 33 Homes Sold since January 1, 2020.
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.
Mark your calendars and get ready for a day of excitement, because we’ll be showing off 7 Amazing homes in Lake of the Woods, including our 3 newest listings! We’ll have the first 4 homes shown from 12PM-2PM, and the remaining 3 from 2:30PM-4:30PM. This is a great opportunity to see some of the best available homes that Lake of the Woods has to offer! For more information about each listing, be sure to click on the property names below! See you there!
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.
As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview. A short sale comes into play when a homeowner needs to sell their home but the home is worth less than the remaining balance that they owe. The lender can allow the homeowner to sell the home for less than the amount owed, freeing the homeowner from the financial predicament. On the buyer side, short sales typically take three to four months to complete and many of the closing and repair costs are shifted from the seller to the lender. On the other hand, a foreclosure occurs when a homeowner can no longer make payments on their home so the bank begins the process of repossessing it. A foreclosure usually moves much faster than a short sale and is more financially damaging to the homeowner. After foreclosure the bank can sell the home in a foreclosure auction. For buyers, foreclosures are riskier than short sales, because homes are often bought sight unseen, with no inspection or warranty.
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.
The continued inventory shortage experienced by most regions of the country was evident in Lake of the Woods again in 2019. Listings increased only 6.4%, from 373 in 2018 to 397 in 2019, while closed sales were up 28.6%. New construction accounted for 30 of the 301 sales. The median sold price increased a healthy 8% year over year from $249,900 to $270,000.
Of the 301 total sales reported in 2019, only 5, or 1 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.
So let’s look at our steady growth over the past five years:
In 2015, there were 247 sales, with 15% being distressed.
Those total sales represented almost a 30% gain over 2014, and the median sales
price was $210,000.
In 2016, the market was quite 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 $225,000, a healthy 7.1%
increase.
In 2017, there were 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 127 in 2015 to 57 in 2019.
It’s also telling to note that a significant number of lots
have sold in the past five years. From
January 1, 2015-Decemeber 31, 2019, 184 lots exchanged, with 41 occurring in
2019, down from 55 in 2018. There simply aren’t that many lots left in LOW.
New construction has been climbing, as well. 2015 realized
41 new construction starts; in 2016, there were 28; in 2017, there were 30; in
2018, there were 34; and in 2019, there were 48.
In 2020, according to Freddie Mac and the Mortgage Bankers
Association, mortgage rates are expected to stay within the 3.7-3.9% range.
The prognosis for 2020, as it was in 2019, is excellent! In LOW, there are 57 homes active on the market as of 1/14/2020. In January of 2018, there were 62. Low, stable rates and hopefully more inventory should propel us to experience healthy sales and appreciation.
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.
Don’t miss this opportunity to see our newest listing! We’re gonna be showing off this gorgeous home in Lake of the Woods on Saturday, 2/1 from 1PM – 3PM! For more pictures and information, be sure to click on the address below!
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.
Mark your calenders and get ready for an eventful day, because we’ll be showing off 9 Amazing homes in Lake of the Woods! We’ll have the first 5 homes shown from 12PM-2PM, and the remaining 4 from 2:30PM-4:30PM. What better way to kick of the new decade than seeing all that Lake of the Woods has to offer! For more information about each listing, be sure to click on the property names below! See you there!
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.
A lovely Arlington Forest brick home gives you a warm welcome to the neighborhood. A large fenced in yard can accommodate your family and gardening adventure. An exterior shed provides you with all the storage you~ll need for the grill, tools and lawn mower. Newly refinished hardwood floors and paint throughout the home give you the canvas to create a space for all to enjoy. First and second floor bedrooms give you additional space for a home office. The fully finished basement is an ideal for gathering space friends and family. With a fully finished bathroom on every floor, this home is easy to use. Additionally when you visit, you~ll notice the highly desirable commuting location is with great walkability to parks, neighborhood pool and shopping. This active community is minutes away from DC and Arlington attractions. Making it ideal for airport access and work travel requirements. For more info about this property, 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.
The Orange County Board of Supervisors is the main legislative body for the county and is comprised of five members who are elected by the voters of the county and serve four-year staggered terms. Each November, a supervisors’ meeting is held in LOW to provide residents a convenient first-hand look at how their local government decisions are made.
The Board of Supervisors will conduct their regular business meeting on Wednesday, November 13th, at 6:00 p.m. in the Great Hall at the Clubhouse. Having a supervisors’ meeting in LOW is a tradition in part because the meetings are well attended. To maintain that tradition, the Civic Club has elected to forgo its regular monthly meeting and encourage increased attendance at the supervisors’ meeting.
On November 13th, the supervisors’ meeting will include a message from Cliff Wilks, President of Lake of the Woods Board of Directors, and a presentation of a Working Draft of the Capital Improvement Program for FY2019 – FY2023. Bryan David, our County Administrator, will report on the supervisors’ Two-Year Strategic Priorities and their Legislative Priorities for the next session of the Virginia General Assembly.
At 7:00 p.m., the supervisors will provide time to receive public comments. Anyone wishing to address the supervisors during the Public Comment must sign-in on the forms that will be located on a table outside the Great Hall. The forms will be submitted to the Chief Deputy Clerk, and speakers will be called in order. After Public Comment, the supervisors will recess for dinner with the Lake of the Woods Board of Directors.
We look forward to seeing you at the Board of Supervisors meeting on November 13th. Before or after the meeting, consider having dinner at the Clubhouse. The view of the lake from the Clubhouse is spectacular.
This home is Country living at its best. Over 7 acres of picturesque land, this beautiful home is filled with harwood floors, and a cathedral ceiling with a beam. The property can be, and has been used for horses in the past, and has a HUGE garden area, just ready and waiting! Centrally located to DC, Fredericksburg, and Richmond!
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.
