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Tina Straight
Associate Broker
Military Residential Specialist

5234 Monticello Ave. Suite 110
Williamsburg, VA 23188

Phone: 757-209-4599
Email:
SellWilliamsburgVA@gmail.com

‚ÄčLicensed in the Commonwealth of Virginia

#0225066947

Welcome

Williamsburg, Virginia REAL ESTATE !!!

If your are interested in relocating to live in the Historic Triangle of Virginia - - - Williamsburg, Yorktown and Jamestown; the College of William & Mary, world renowned golf courses and retirement communities; excellent dining and shopping opportunites... Call now or just click on the link and get started with your home search today! click here for your FREE Home Search!

 

The Best Service, The Best Results

Choosing a real estate agent who has the tools, skills and experience to make your dreams come true can be as challenging as the home buying process itself. Let me make it simple for you.

 

Welcome to the premier resource for all real estate information and services in the area. I hope you enjoy your visit and explore everything my realty website has to offer, including Williamsburg real estate listings, information for homebuyers and sellers, and more about me, your professional Williamsburg Realtor.

Looking for a new home? Use Quick Search or Map Search to browse an up-to-date database list of all available properties in the area, or use my Dream Home Finder form and I'll conduct a personalized search for you.

If you're planning to sell your home in the next few months, nothing is more important than knowing a fair asking price. I would love to help you with a FREE Market Analysis. I will use comparable sold listings to help you determine the accurate market value of your home.

                   My Commitment to You!

            TRUSTED ADVISOR, MASTER MARKETER,

      SKILLFULL NEGOTIATOR AND EXPERT FACILITATOR!

 I will get you the best price on a home that is perfectly suited to your needs and lifestyle, not just today, but for years to come.

Real Estate News!!!

Latest Realty News from NAR

Second Quarter Single Family Metro Market Prices

The National Association of REALTORS® quarterly home prices increased again this quarter. Prices continue to drift up this quarter with 90% of the markets showing home price appreciation. We can also look at the top metro areas whose price grew the fastest. Housing affordability is down and for first time buyers qualifying incomes are rising along with the down payment on a new home. Knowing the mortgage rates and the qualifying incomes will help potential homeowners figure out what metro areas are affordable for them. Here is a look at the metro areas with the strongest price growth of the second quarter 2018, as well as a look at the yearly change in median existing single-family home prices for the top five highest and lowest growth metro areas of the second quarter 2018.

These are the top five single-family metro areas with the highest home price appreciation:

These are the bottom five single-family metro areas that had a decline in home price appreciation:

These are the most expensive metro areas for the second quarter 2018:

These are the least expensive metro areas for the second quarter 2018:

Improving Housing Supply Conditions

NAR identifies metro areas with the highest deficit in home construction,, as well as those areas where the housing supply appears to be sufficient to meet the demands of home buyers. The Monthly Housing Shortage Tracker is an index, which compares how many permits are issued relative to the number of new jobs. The higher the index the greater the housing shortage since it shows that more jobs have been created relative to the number of new homes constructed. Based on the historical average, two permits are issued for every new job. However, the highest value for the index in August was 14.8 in the New York metro area. This means that for every 15 new jobs a single-family unit is permitted. In contrast, a single-family unit is permitted for every new job in the Houston metro area.

The “usual suspects” are at the top of the list. It is noteworthy that, among the top ten metro areas with the most severe housing shortage, seven are located in California.

Dashboard 5

The visualization below allows you to see how many permits are issued for every new job for 178 metro areas. Click on a metro area on the map and see the number of permits issued and new jobs created in the last three years.

HST-blog

Comparison to a Year Earlier

Compared to a year earlier, the index dropped in more than 70 percent of metro areas including areas with serious housing supply issues. A lower index means that more single-family permits are issued per new job than a year earlier. However, more single-family permits does not necessarily result in a lower index value. For instance, single-family permit issuance increased in Salinas, CA from 738 units (Jun/2014-Jun/2017) to 802 units (Jun/2015-Jun/2018). Nevertheless, the index increased because job creation was stronger than the issuance of single-family permits.

The average index[1] dropped from 4.0 to 3.5 in August 2018. For instance, New York had the highest value for the index in August 2018 at 14.8. However, the index was even higher at 17.0 a year earlier. Thus, while a single-family permit was issued for every 17 new jobs in 2017, a single-family permit has been issued for every 15 new jobs in 2018. Currently, a single-family permit is issued for every 13 new jobs in the San Jose metro area in 2018 compared to 15 new jobs in 2017.

The visualization below shows whether housing supply conditions are improving or not. In the blue areas the index dropped (improving housing supply conditions) while in the orange areas the index increased (tighter housing supply) compared to last year.

Dashboard 1

 


[1]The average was calculated based on the indices of these 178 metro areas.

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The Best Service, The Best Results

Choosing a real estate agent who has the tools, skills and experience to make your dreams come true can be as challenging as the home buying process itself. Let me make it simple for you.

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