Check out my current listings in Ford’s Colony

Demand for Ford’s Colony homes continues to be extremely heated. If you are looking for a home in our popular community, these are my current listings for you to consider:

4700 Locklomond

5 bedrooms, 3.1 baths, 5,987 square feet

Offered at $1,199,000

  • 4700 Locklomond
  • Foyer
  • Great room
  • Kitchen

This all-brick home in sought-after WESTPORT is a fabulous opportunity to own a BRAND NEW home that has been gently lived in for less than a year!

Located on a 3.46-acre wooded lot, this custom-built home features an open floor plan with tons of ‘flex’ and spacious rooms, a FOUR-CAR garage, ELEVATOR, whole-house generator, tankless water heater and amazing natural light throughout.

139 Hollinwell

3 bedrooms, 3 baths, 2,569 square feet

Offered at $695,000

  • 139 Hollinwell
  • Great room with gas fireplace
  • Screened porch with pond and golf views
  • Kitchen with prep sink and breakfast area

Schedule your tour of this beautiful golf-front home that offers privacy plus views of TWO ponds and TWO fairways in sought-after St. Andrews Village.

It is a tranquil setting for this lovely, UPDATED home that features a perfect floor plan with two first-floor bedrooms plus a third bedroom/bonus with an en suite bath. There is a large great room with a gas fireplace that opens to a screened-in porch with great views. The light and bright updated kitchen includes a center island with prep sink plus a sunny breakfast area.



(Updated 8/25/23)

As fall arrives, it’s still a seller’s market

Even though activity in the housing market has slowed from the frenzy of the so-called “unicorn years,” it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you — and why are conditions so good if you want to sell your house?

The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Housing inventory is measured by the number of available homes on the market. It’s also measured by months’ supply, meaning the number of months it would take to sell all those available homes based on current demand. In a balanced market, there’s usually about a six-month supply. Today, we have only about 3 months’ supply of homes at the current sales pace (see graph below).

In Ford’s Colony, that number was 1.4 months supply at the end of the second quarter in June.

As the visual shows, given the current inventory of homes, it’s still a seller’s market.

Today, we’re nowhere near what’s considered a balanced market. In fact, the current months’ supply is half of what’s typical of a normal market. That means there just aren’t enough homes to go around based on today’s buyer demand.

As Lawrence Yun, Chief Economist for NAR, says:

“There are simply not enough homes for sale. The market can easily absorb a doubling of inventory.”

How Does Being in a Seller’s Market Benefit You?

These conditions give sellers a real edge. Right now, there are buyers who are ready, willing, and able to purchase a home. And, because there’s a shortage of homes up for sale, the ones that do hit the market are like magnets for those buyers.

If you work with me to list your home right now — in good condition and properly priced — it could get a lot of attention, particularly if listed at or below $750,000.

Bottom Line

Today’s seller’s market sets you up with a big advantage when you sell your house. Because supply is so low, your house will be in the spotlight for motivated buyers who are craving more options. Please call or text me so we can discuss current conditions in Ford’s Colony as you get ready to enter the market.

Price drop on this fantastic Westport home

4700 Locklomond

5 bedrooms 3.1 baths, 5,987 square feet

Offered at $1,199,000

Wow! A $200,000 price reduction makes 4700 Locklomond one of the most attractive available properties in Ford’s Colony.

Located in the sought-after WESTPORT section of the community, 4700 Locklomond is a custom-built, all-brick home that has been gently lived in for less than a year.

It is set on a 3.46-acre wooded lot, features an open floor plan and includes an elevator, a FOUR-CAR garage, a whole-house generator, a tankless water heater and amazing natural light throughout.

Please click here for more information on this amazing home, and click here to take the 3D Matterport tour, complete with floor plan rendering. Call or text me at 757-503-1999 to schedule your personal tour of 4700 Locklomond.

Market Watch ’23 draws record crowd

I want to say a heartfelt “thank you!” to everyone who turned out for my annual “State of the Ford’s Colony real estate market” event on Thursday at the country club.

We FILLED the room with approximately 70 people who showed up for a lively discussion about sales numbers from 2022, trends in the Ford’s Colony market, the outlook for ’23 and beyond, and other topics. It’s the best attendance we’ve had at one our seminars.

I especially appreciated the thoughtful question-and-answer session that truly demonstrated how engaged Ford’s Colony residents are in their community. It made for a very successful afternoon that I think was made better by our new 4 p.m. start time; we’ve held it earlier in the afternoon in the past, but I think folks appreciated the little later kickoff. If you couldn’t make it this year, I hope to see you next year!

As always, please contact me with any questions and comments about the Ford’s Colony market, and do let me know how I can help if you are considering a move.

Market Watch ’23

Refreshments on me!

I would love to have you join me for my annual Ford’s Colony “State of the Market” presentation, Thursday, Feb. 16, 4-6 p.m., in The Banquet Room at Ford’s Colony Country Club.

We will be discussing how the market has affected home sales and values in Ford’s Colony, the immediate market outlook and other topics related to Ford’s Colony real estate. Bring your questions!

Please RSVP at either of the following numbers/addresses by Feb. 13.

757-503-1999 | Deelyn@LizMoore.com

or 757-532-1661 | Christie@LizMoore.com

Hope to see you there, friends.

Invitation to State of the Market ’23

Please make plans to join me for my annual State of the Ford’s Colony Market real estate presentation, Thursday, Feb. 16, from 4-6 p.m. at the Ford’s Colony Country Club.

We will discuss trends in the market, the outlook and how current conditions have affected home values and sales. It is always an interesting and informative session!

I hope you can come with your questions and comments for me. Refreshments are complimentary. I ask that you please RSVP to either deelyn@lizmoore.com or christie@lizmoore.com by Monday, Feb. 13 to let us know you are coming.

Thank you!

Here are fourth-quarter stats for Ford’s Colony

Listing and sales numbers are in for the fourth quarter of 2022.

In all, 25 sales closed in Ford’s Colony from October through December — 13 fewer than the same period of 2021. The average sold price was $696,498, or 102.3 percent of the original list price.

The largest sale in the fourth quarter was 109 Pinehurst, with a sold price of $1,370,000.

Please consult the following chart for more information about fourth-quarter property sales in Ford’s Colony.

FordsColony_January2023_Flyer_Robinson-2

Take advantage of this great energy-saving program

Happy 2023, my friends!

I wanted to take a minute here at the start of this new year to make sure you are aware of a great home energy-saving program that Dominion Energy is offering. Dominion has hired the electrical contractor Puffin Mechanical to do free home-energy assessments, which includes replacing up to 70 of your home’s light bulbs with brand-new energy-efficient LED bulbs — at NO CHARGE.

Sounds amazing, right? It is!

I signed up and Puffin’s technician recently installed 58 LEDs throughout and even outside of our house – including in the ceiling fan of our two-story great room. Monday, I had Puffin come and replace dozens of bulbs in my mother’s house nearby.

We did all of our high can lights, outdoor flood lights and chandeliers, and lamps that had not been converted. If you require more than 70 bulbs and want Puffin to replace them, they will charge you only the cost of the bulbs – $7 for regular or candle bulbs or $12 for flood lights. 

Within one or two weeks, Puffin then follows up with an email report of the work done and includes energy-saving tips for all parts of your home.

It’s a fantastic program that I hope you can take advantage of yourself soon. To reach Puffin Mechanical to sign up or get more information about the home-energy assessments, call 757.230.4681 or visit puffinmechanical.com.

Be well, my friends – and Happy New Year!

Ford’s Colony “Artists and Artisans Expo” is planned

Make a calendar note!

The Ford’s Colony Activities Committee is sponsoring an “Artists & Artisans Expo” on Feb. 25-26, 2023 to showcase the creative talents of Ford’s Colony residents.

The free event plans to feature homemade paintings, sculpture, woodwork, quilting, jewelry and photography, as well as art produced by the youth of Ford’s Colony.

The committee seeks monetary donations of any amount to ensure this exciting expo is a success. All donors will be highlighted at the event and featured in marketing materials for the expo. Sponsors will also be invited to a “Meet the Artists” reception to be held Sat., Feb. 25.

Checks can be written to the Ford’s Colony HOA — note “Art Expo” in the memo — and be dropped off at the community services building. Event co-chairs Ellen Swan (Ellen.M.Swan@gmail.com) and Ginger Kroncke (BillGinger71@gmail.com) also are available to pick up donations and to answer any questions regarding the expo.