According to RBI, LLC., the dollar value of homes sold in September 2013 increased almost $4 million from September 2012, representing a 56% increase from a year ago. This reflects the fact that there was a corresponding increase of 37% in the number of homes sold as well, with a slight increase of 13% in the average price sold compared to September 2012. In comparing the real estate trends Continue Reading
Lake of the Woods Real Estate Trends- September 2013
Real Estate trends in Lake of the Woods and Locust Grove, Va. for the month of September were in line with the overall trends for Orange County. The number of homes sold in Locust Grove increased nearly 24% from September a year ago with 26 homes sold compared with 21 in September 2012. The dollar value increased over 56% by almost $2.5 million. Additionally the days on the market decreased 17% Continue Reading
Montpeiler Races- 2013
Montpelier Races-2013 One of the premier events in Orange County will be held this Saturday, November 2nd, the Montpelier Races will be held at the Montpelier Estate, the home of President James Madison, the 4th President of the United States. This annual event has been continuously held since 1934, when Marion DuPont Scott, America’s First Lady of racing, inaugurated this great Orange County Continue Reading
Dog Days of August
There is still plenty of summer left!! The dog days of August are upon us, and most are asking, “Where did the summer go”? The weather this summer thus far has been a mixed-bag. Lots of rain, scorching heat, and a few spectacular days characterized the first two months of summer; just what does August have in store to wrap up the “Summer of 2013”? Here at Lake of the Woods, there are still Continue Reading
Lake of the Woods Boating
A good friend once told me that there were two glorious days in the life of a boat owner. The day he bought his boat and the day he sold it! I am not sure if in fact that is true. I have a number of friends who seem perfectly happy with their boat and have absolutely no intention of selling their prideful purchase anytime soon. Why would they? Why sell your boat? Too many fish in the Continue Reading