Maryanne Moyers earned top honors as she was recognized by the Prince William Association of Realtors (PWAR) as 2015 Manager of the Year. Managing real estate professionals from offices throughout Prince William County are eligible for this recognition.
The PWAR Manager of the Year Award uses the following criteria for candidates:
- Commitment to personal education.
- Commitment to sales associate education and training.
- REALTOR achievements and contributions.
- Business accomplishments.
- Community involvement.
- Management criteria includes innovation, creativity and originality.
The women of Long and Foster Realtors shown here from left to right are Realtor Kathleen Bettinger (Manassas Office), Managing Broker Maryanne Moyers (Woodbridge Office), and Senior Vice President, Regional Manager Karen Kidwell.
The narrative for this award follows:
“To say the year 2015 was full of many adjustments and transitions would be an understatement for our Long and Foster Realtors office in Woodbridge. We started off the year with a very ill… Continue reading
City of Fredericksburg Communities
The Village of Idlewild
The community of Idlewild is designed with 2 different communities within the subdivision. These are the Village of Idlewild and the Estates of Idlewild. The Village of Idlewild has town homes and single-family homes on small (.11 to .13 acres) home sites. The Estates of Idlewild has larger home sites and estate homes. The Estates of Idlewild features single-family homes, town homes, and estate homes. The townhouse finished living space at the Village of Idlewild is 1,950 to 2,880 finished square feet, and prices ranging from $225,000 to $288,000. The single-family homes at Idlewild Village have finished living space ranging between 3,130 to 5,400 finished square feet, and prices ranging from $314,000 to $486,000. The homes in the Village of Idlewild were built by Ryan Homes and Ryland Homes, and exteriors mostly consists of brick fronts and fiber cement siding. Most homes… Continue reading
“Maryanne & Dwayne took the time to find a home that would work for us. There was never any pressure. From beginning to end, the time they gave us, and the knowledge they possessed, made the entire home buying process a very smooth experience. Once the Moyers found the right neighborhood for us, they showed us several homes until we found the one that was the right fit for our family. Because we were new to the purchase of a new home under construction, we felt unsure of what was expected from us once we signed the contract. But the Moyers knew exactly what advice and direction to give us. From organizing the history of sales and pricing in the neighborhood, to knowing what questions to ask the builder about change orders, construction delivery schedules, initial punch-out, the final walk-through items which… Continue reading
Fredericksburg Area Real Estate News
June has been a busy month for real estate headlines in Fredericksburg and surrounding jurisdictions. These are a few of the highlights:
Rappahannock Region Housing Statistics
May 2013 housing news for Fredericksburg and the counties of Caroline, King George, Spotsylvania, and Stafford showed 5 year records for every almost every reporting category. Statistics provided by the Metropolitan Regional Information Systems, Inc. indicated sales volume hit a 5 year high median sales price of $249,900 (9.6% increase from May 2012). The total sales volume ($119.5M) increased 23.4% since May 2012. This is the highest volume since July 2007. The available inventory of homes for May 2013 was 3.3 months. Six months is considered a even basis for buyers versus sellers. NOTE: With interest rates rising we are seeing a shift with more listings and fewer buyers. We believe this is the beginning of changing local and… Continue reading
When available housing inventories become low in Northern Virginia, available homes will usually receive multiple offers. If the home for sale is in good condition, located near major transportation routes and commuter lots, and supported by sought after schools, it is almost certain it will receive multiple contract offers. Every multiple offer scenario is different because it involves different purchasers, homeowners, real estate agents, and residential properties. This article intends to provide multiple offer strategies while buying homes and provide guidance through the process of competing against other prospective home buyers to own your next home. The items listed below include often used approaches during almost all multiple contract negotiations.
(1) Waive appraisal contingencies. We listed this first because this approach is the biggest risk. As a buyer you must be in love with the home you are trying to buy to use this strategy. We have advised past clients… Continue reading
We continue to learn of problems experienced by the purchasers of new homes during the construction, walk-through, and closing phases. Writing the contract with the builder’s sales representative never seems to be a problem with consumers. When buying new homes from builders these problems usually occur after contract agreement including financing options, and post-closing repair agreements. This article will also address the demands of the builder to move the closing date to an earlier date than listed in the written agreement.
Why closing date changes occur usually depends on the builder you sign a contract with to deliver a new home. While representing new home purchasers in the past, we have dealt with the sales managers of nationally recognized builders informing us of changing closing dates because the home was ready for delivery earlier than expected, and the sale would help meet corporate sales projections.
View this practice as an… Continue reading
Manassas Town Hall. Built as a combination Town Hall and Fire Department in 1914. In 1873 Manassas became incorporated, and in 1892 Manassas became the seat of Prince William County replacing Brentsville. Manassas became an independent city in 1975. It’s growth has surpassed anything we could have imagined in our lifetime.
We have sold homes in Prince William County since 2000 working from real estate offices in Manassas and Woodbridge. Most conversations we have with clients interested in Prince William County know the Manassas and Woodbridge areas as housing markets full of foreclosures. This article serves as an update to anyone interested in buying a home in Prince William County. So here is a brief description of Prince William County, and the short-term outlook of the residential real estate market. As you see below, foreclosures no longer control future growth and pricing.
Infrastructure Improvements. … Continue reading
The Purchase of Foreclosures
We’ve sold more than 240 foreclosures. Because of our involvement with foreclosure transactions we are often asked if there is a good strategy for purchasing foreclosure properties. The best advice we can give you when purchasing Freddie Mac and Fannie Mae Foreclosures is to find a real estate agent who is certified as a Freddie Mac Homesteps Listing Agent, and Fannie Mae HomePath Listing Agent. If the agent you are working with is an experienced foreclosure listing agent they will know negotiation and pricing practices of asset managers, and special offers by both government sponsored enterprises Fannie Mae and Freddie Mac. This gives the buyer an edge against other contract offers.
Freddie Mac and Fannie Mae set the standard of how foreclosure properties are managed, maintained, released to vendors for marketing and sales, and any contributions or special incentives provided to purchasers upon closing. Due… Continue reading
If you’re beginning the process of buying your next home, it’s time to get moving if you’re considering a FHA loan. The Federal Housing Administration has recently announced increases for FHA Annual Mortgage Insurance Premiums (MIP), and Upfront Mortgage Insurance Premiums (UFMIP).
But FHA insured loans are now popular because guidelines require a minimum credit score of 580 with a minimum down payment of 3.5% of the sales price. According to the FHA, loans have increased from 4.5% in 2005 to 40% of housing purchases in 2010. This has appears to be the catalyst for raising the MIP for FHA loans for the fourth time in 2 years. The latest changes involving both MIP and UFMIP are as follows: The Federal Housing Administration has made these adjustments to encourage the return of private investment into the residential mortgage market. Increasing MIP has become necessary to secure the FHA… Continue reading
We decided to address Northern Virginia real estate market conditions after receiving the same question from homeowners visiting our website and asking us our opinion of the immediate outlook of home sales. Homeowners want to know if they should place their home on the market for sale, or wait for area housing prices to rise. Contact any experienced real estate agent who is active in the Northern Virginia sales market and they will tell you now is the time to sell a home. Here’s why Northern Virginia real estate market conditions dictate selling your home: