Northern Neck Real Estate

Long Time No Post...

2008-02-21T13:41:00.003-05:00

Not a whole lot going on in the world of real estate at the moment. I think all this sub-prime mortgage mess has folks a little off kilter. However there are deals to be had. Forclosures are not a real big problem here in the Northern Neck but people still need to buy and sell homes and land for various reasons. Sellers have realized that we are in a full swing buyers market now (well, most sellers anyway) so that as brought prices down slightly. Listing prices are still about the same but SALE prices are a much lower percentage of list price than they used to be. Bottom line. If you are looking to buy now is still a very good time. If you are looking to sell, wait until things pick up or realize that your house may be on the market for a long time.

Good luck and as always if I can help you an anyway just contact me.

Allen

Your Spring 07 Market Update

2007-03-20T13:25:00.000-05:00

As of 8:16 tonite it will be spring. The weather is finally turning. It is due to be in the mid-70's this week and next. It's time to dust off the golf shoes, de-winterize the boat, and start working on that tan.

Here are some links for this springs Market update.
Non-Waterfront homes with 3Br 2baths
http://www.NavicaMLS.net/listings/319/NN165262066A.htm

Waterfront homes with 3Br 2baths
http://www.NavicaMLS.net/listings/319/NN176582066A.htm

Prices can be adjusted accordingly for the size of the houses and number of bedrooms and baths, and of course Location, Location, Location.

These links will only last for 14 days, after that our MLS system disables them. If you are looking at this and the links will no longer work please send me an email and I can get the information for you.

As always Thank you for stopping by.

Allen

Moving Right Along

2007-03-08T08:46:00.000-05:00

Well, things have really picked up these past few weeks. I think the weather had something to do with that. March is a funny month. It was 65 degrees Sunday, it snowed yesterday morning and it is suposed to be 65 again this weekend. I hope the warm weather sticks this time.

Prices are staying pretty steady. The slow down several months back really didn't drop prices like some were thinking, but that did slow the rate of appreciation back to where it should be 5-7% . It really looks like now is a good time to buy, while there is still plenty on the market. Who knows what this Spring/Summer will bring. All indications point to a busy season. Better get in early.

Come on Down

2007-02-14T10:04:00.000-05:00

The snow missed us and I know you want to get away from the white stuff so come on down to the Northern Neck and see what you've been missing.
Things are starting to warm up in both the weather and in the Real Estate market. The last month or so we have seen more and more buyers comming back to invest in our region of Virginia. Don't miss the boat this time. Get down here and see what we have to offer.
I am available any time if you have any questions.
Cell: 804-580-1167
email: awgarland@verizon.net
Web: www.nnkproperties.com

New Puppy

2007-02-06T12:02:00.000-05:00

I know this isn't real estate related but I am really excited about this
This is my new Boykin Spaniel.
Flyboy Remington Quackstopper (Remi).
And if you go to look at some property with me you are likley to meet him. He wants to go everywhere with his daddy...

Come on Spring!!!

2007-02-06T11:58:00.000-05:00

Well its COLD!!! The weather that is. The market is actually starting to heat up a little bit.
I think Spring will bring back the buyers that have been hiding for the last 12 months. Right now the cold (12 degrees) is keeping everyone at home by the fire. All signs point to a good Spring season for buyers. Homes have been on the market for a while and prices have been reduced. Come on and buy your piece of paradise now.

Holiday season

2006-12-05T19:06:00.000-05:00

We have been in a slow market for about 12 full months now and I fully expect things to pick up a bit in the spring. This past year gave the market here a much needed rest and returned things to normal. Now with everyone calming down after experiencing this downswing and realizing that it wasn’t as bad as the media was making it out to be, I really do expect investors and retirees/vacation home buyers to come back full swing into our area.
They say that the market in the DC/NOVA area has begun to stabalize so that means more consumer confidence.

The Real Estate Review ( our monthly R.E. publications where just about every listing in the Northern Neck is advertised) as been shrinking in size at the rate of about 15-20 pages per month since Sept. so that means that the market is weeding out those overpriced houses and actually leaving a few deals to be had.
If you have any specific questions please don’t hesitate to email or call me.

Meanwhile enjoy the Holiday season with your family and be ready for things to get moving again this spring

Happy Holidays,

Allen

Bad Weather

2006-09-01T09:24:00.000-05:00

Labor Day weekend might be a washout. With 5-10 inches of rain expected I don't expect much action this weekend. Stay inside and stay dry. Things should be cleared off by Sunday.

More on the slow down

2006-08-28T13:30:00.000-05:00

I hope everyone got to get out and do some of the things on my list this summer. School is getting ready to start up agian and that means fall is just around the corner.

Hopefully with gas prices comming back down into Earth's atmosphere things will pick up a bit. It's been a hot summer here on the Northern Neck, with several days reaching triple digit tempatures and upwards of 90% humidity. Days on the or should I say "in" the water were a sought after commodity these past few months. I am not sure what to make of this slow down. It could be the gas prices and heat, it could be rising interest rates, or it could be just that the market is returning to its normal self, something that we havn't see in the last 4 years. Whatever it is things in the area are slow but still ticking along. There is no particular price range that is doing better than any other. Sellers are having to come off of their asking price quite a bit now to make a sale.

Please feel free to leave a comment and let me know if this blog is helping anyone who is interested in the area.

a No-Go on the No-Neck

2006-08-25T07:41:00.000-05:00

Just one word folks... SLOW!

Well summer is here but the buyers are not. Everywhere you look there are for sale signs but no one is buying. Even the lower priced starter homes are sitting on the market. So buyers know this... if you are serious about making a purchase in the Northern Neck now might be the time. There is a stall in the interest rate hike, and many sellers are having to come off of their asking price quite a bit if they want to sell, and there is plenty to choose from. You could probably line up all the real estate signs and I'll bet they would stretch across the Ches. Bay.

Ok sorry, but I have to do a little shameless self promotion here. Take a look at the link below.
http://www.NavicaMLS.net/listings/319/NN149332066A.htm

Summers a coming

2006-05-16T10:25:00.000-05:00

Summers a coming and if you like getting out and about the Northern Neck is the place to be. Here are some Must-Do's for the summer months...

Eat at least once at ...
Tommy's in reedville(Prime Rib),
The Driftwood in Cole's Point(Any Steak),
Horn Harbour in Burgess(Broiled Seafood Platter),
Mt. Holly Steamboat Inn in Mt. Holly(Everything is Great),
The Backdraft in Kinsale(Wednesday Wing Night),
The Mooring in Kinsale(come for the food stay for the entertainment),
Smokin Joes in Kilmarnock(BBQ),
Nino's Pizza in Callao(Pizza and Subs),
Lottsburg Cafe in Lottsburg (Breakfast / Salad Bar)

Play Golf at...
Quinton Oaks in Callao
King Carter in Kilmarnock
The Golden Eagle in Irvington
The Tartan in Irvington
Hobbs Hole in Tappahannock (ok technically not in the Northern Neck but it's a must play)

Get on the water...
Reedville Bluefish Derby June 9-11
Midnight Sun Charter Fishing
RL Charters
Tangier Island Cruises Buzzard Pt. Marina

Stay the weekend...
Fleetonfields B&B Fleeton
The Inn at Levelfields Kilmarnock
Hope and Glory Inn Irvington

Get some Culture...
Reedville Fishermans Museum in Reedville
Strafford Hall in Montross
Washington's Birthplace in Montross
Belle Isle State Park in Lancaster Co.

Well that should be enough to keep you busy for awhile.

If you find that you can't get enough and wish to find more permanent lodgings in the Northern Neck give me a call and let me help you find that dream house.

Spring Market Update

2006-04-04T19:48:00.000-05:00

This time last year there were a lot of buyers looking for waterfront land under $250K, and those lots were few and far between therefore, those sellers could get whatever they wanted for that land.
So far this year there seems to be alot of buyers looking to buy homes under $150K, so if you own a house that you think may fall in that $150K and under range and are considering selling in the near future now is a great time to test the waters. Everyone wants a house under $150K and there just arn't that many out there now.
Now on the other side of the coin, the purchasers who will come out ahead are those looking to buy homes in the $600K -$800K range. The market is absoultley crowded with houses in that range and if the sellers want to unload them they are having to sell at a reduced price.

So to recap. If you currently own a home that you think may bring $150K or less and want to sell now is the time to do it.
And...
If you are looking at purchasing a home in the $600k-$800K range now is the time to come in and make an offer.

If you fall into either of these catagories you should talk to your Realtor A.S.A.P. If you don't currently work with an agent please feel free to give me a call and I will be glad to help out.
I can be contacted via my website or email awgarland@verizon.net or by phone at
804-580-1167

Homes and land prices and pictures

2006-03-16T13:06:00.000-05:00

Here is a basic rundown of what you can get for your money here in the Northern Neck
Real Estate Market.
For houses I posted those with 3Bedrooms and 2+1/2 baths, a pretty standard request from my clients.

All homes below have 3 BR and 2+1/2 Baths.

Ok here we go..
Here is an Off-Water home for $239k with 1640 S.F.

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Here is a Off-Water home for $545k with 2000 S.F.

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Now we get to why people love this area so much. THE WATERFRONT!!!!!!

This home is on the water and lists for $409k with 1769 SF

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This home is on the water and lists for 1.3Million with 3650 SF

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Of course if you would rather build your custom home on a waterfront lot we have plenty of those also...

Here is a lot for $109K. This lot is 1.3 acres with less than 2 feet of depth.

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And here is a lot for $560K. It is 1.5 acres with about 5 feet of water depth.

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If you have any questions please don't hesitate to leave a comment or send me an email. you can find my email address on my website. www.nnkproperties.com

unable to post pictures today

2006-03-14T08:19:00.000-05:00

It seems I am unable to load pictures today, so I will post the home and land prices with pictures later this week.
Sorry for the inconvenience.
Allen

What to do here...

2006-03-06T08:25:00.000-05:00

First of all I would advise anyone who is thinking about living here to come and stay for a week. When you come make sure it's not a holiday week either. We tend to have a good time on the Northern Neck on the Holiday weekends (espically summer Hollidays). If you come during this time you will no doubt have a blast however you will get a false since of everyday activity activity. A normal week is very slow paced usually Highlighted by a couple of visits to one of your favorite restaurants. There are many many restaurants in the area to choose from, you could probably eat at a different one everyday for 2 months if you so liked. If you like to fish or boat then you have come to the right place and you should fit right in. Being that we have water on 3 sides of us, the blue stuff is a way of life here. No matter where you are on the Northern Neck you are never more than 10 minutes away from a marina. There are many antique stores in the area, as well as artists, wineries, and Golf courses. Garden Week is popular in the Northern Neck. You can visit these links to get a better idea of what you can expect. www.northernneck.org , www.quintonoaks.com , and one of the most popular resorts on the east coast www.the-tides.com I hope you enjoy your stay.

2006-02-28T21:20:00.000-05:00

Allen hard at work

Introduction to the Northern Neck

2006-02-28T09:14:00.000-05:00

Welcome to my first post. First I would like to give you an introduction to the area.

The Northern Neck area of Virginia is a quiet and peaceful peninsula sourounded by the Potomac River, The Rappahannock River, and the Chesapeake Bay. There are four counties that make up the Northern Neck - they are Northumberland, Lancaster, Richmond, and Westmoreland counties. Fishing and Farming have long been a major source of jobs in the area, but with recent environmental restrictions alot of watermen find it harder and harder to meet new requirements and still make a living. Farmers too have realized that they could make far more money selling the land (espically waterfront) that they own instead of farming it, which has been a contributing factor in the last several years to the Real Estate Boom. More and more farms are being turned into subdivisions with upscale homes. Developers from all over the country have seen the potential in this area and have flocked here to stake their claim.

Although residential real estate has been booming in the area, most of the people moving to the Northern Neck are buying 2nd homes or retiring here. Businesses in the area are still for the most part locally owned with a few exceptions, i.e. Food Lion and Wal-Mart. Most people - locals and come-heres alike - would like to keep it that way. Some people complain about the lack of big business in the area, but that's why people come here - to get away from things like that. If you want to be around a Metropolitian area don't come here. We are 1 1/2 hours away from Richmond and about 2 hours from D.C. If you are looking for a quiet place to retire and have your family visit to go out on the water, this is the place.

The Northern Neck is full of history. George Washington, James Madison, Robert E. Lee and others were born here. Look here to read the entire history:

http://www.northernneck.com/history.htm

One of the most famous places in the Northern Neck is Reedville, located in Northumberland County. It is home to the commercial fishing fleet of Omega Protien. In its heyday Reedville had the highest per-capita income of any town in the country - of course the population was probably under 400 people at that time.

According to the 2ooo census, the total number people who live in the Northern Neck was less than 50,ooo. With only 745 square miles that puts the population at 66 people per square mile.

To put it into perspective I graduated from Northumberland High School in 1999 with 92 people in my class.

I will try to post on a different subject every week. Upcomming posts will include,

What to do here

Homes and Land prices and discription (with pictures)

Outlook for '06

If you like the information provided in my blog please leave a comment. You can also visit my website http://www.nnkproperties.com