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Real Estate

3 advantages of folding doors

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If you want to maximize a small space or let in more natural light, folding doors are sure to be a welcome addition to your home. Here are three great reasons to install this type of door.

1. They help open up space. Since these doors fold in on themselves when open, they’re an ideal option for small rooms where a standard door would take up too much space.

2. They suit any design style. Folding doors are available in a variety of configurations and can fit openings of different sizes. In addition to choosing the number of panels, you can opt for a door material that complements your home’s overall look.

3. They facilitate outdoor living. Folding doors for your patio that is made of glass can offer easy access to your backyard or deck. In addition, they can give you access to a great view, extend the length of an entire wall, and let in an abundance of natural light.


To find folding doors that suit your needs, visit a home improvement store in your area, or speak with a local contractor.

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Real Estate

Buying an older home: points to keep in mind

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Have you fallen in love with an older home? You may be tempted to seize the opportunity and skip an inspection, especially if there are several interested parties. Before taking on a mortgage, here are a few essential points to keep in mind.

Materials
Some materials that were popular in the past are now undesirable or even prohibited. For example, old paint is laden with asbestos and lead, which can infiltrate your drinking water. Therefore, you must find out if your dream home hides any unpleasant surprises.

Additionally, you may be saddled with inadequate electrical circuits or an insufficient number of power outlets. Moreover, energy efficiency wasn’t a priority in the past. Therefore, single-paned windows and poorly insulated walls are sure to drive up your heating bill.

Cost of renovations
Even if the home’s foundations and frame have survived well over the years, you may still be faced with costly renovations. For example, if you decide to knock down a wall and upgrade the insulation, you probably don’t want to close it off with bare drywall. Consequently, you must think through the additional expenses you may incur to preserve the home’s character.


Among the many aspects to consider is the insurability of the building. Before taking the plunge, take time to consult a broker and call a qualified inspector.

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Virginia’s median home price jumps $100k in four years 

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According to the April 2022 Virginia Home Sales Report released by Virginia REALTORS®, the statewide median home sales price was $390,000 in April. This is $100,000 higher than April of 2018, just four years ago. Compared to last year at this time, Virginia’s median sales price is up just over 9%, a gain of $32,500.

In Virginia, the steady upward trajectory of home prices has not been hindered by the slowdown in sales activity or the recent spike in mortgage rates. In April, homes sold for 3.4% higher than list price, on average. In all price segments, the average sold-to-list price ratio was at least 100%.

In total, there were 11,991 home sales in Virginia in April 2022, down 11.6% from a year ago. Sales have been down year-over-year for five consecutive months. This slowdown reflects the very busy 2021 market but is also indicative of buyers pulling back due to high home prices, elevated inflation, and rising mortgage rates.

In the coming months, Virginia could see a change in the speed of price growth. “As the Federal Reserve continues targeting inflation by raising rates, it is likely that mortgage rates will keep increasing over the coming months,” says Virginia REALTORS® 2022 President Denise Ramey. “In turn, housing demand will cool in the year ahead, slowing down price growth. However, higher mortgage rates and home prices will continue posing a challenge to buyers.”


Regarding the stability of Virginia’s housing market, Virginia REALTORS® Chief Economist Ryan Price says, “While higher mortgage rates and prices will have a dampening effect on housing demand in the months to come, underlying economic and demographic fundamentals—such as strong job growth and low unemployment rates—will support a stable housing market here in the commonwealth.”

The Virginia Home Sales Report is published by Virginia REALTORS®Click here to view the full April 2022 Virginia Home Sales Report.

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How to spot hidden defects

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When you buy a house, you naturally expect the seller to tell you the truth about the quality of the construction. However, you also have a responsibility to take reasonable precautions before signing the contract. Otherwise, you could face unpleasant surprises and have no legal recourse to remedy the situation.

A visual examination of the property is crucial to ensure a seamless transaction and protect you from possible hidden defects. Be on the lookout for any clues that arouse suspicion. Rather than relying on your own judgment, trust a building expert to conduct a thorough inspection to confirm your suspicions and alleviate your concerns.

Hidden flaws may become apparent only after the purchase. In this case, the seller could refuse to take responsibility. If the matter goes to court, you’ll have a better chance of winning your case if you’ve shown that you practiced due diligence before the sale. Therefore, it’s essential to find out about the consumer laws in place to know your duties and legal recourse.

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Warren County Market Report for April 2022 with Jen Avery

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Watch this video for a quick summary of Warren County real estate for April 2022. Is the market starting to balance back out again as interest rates begin to climb? I can share an observation or example from a listing perspective: The buyers who are offering are asking to please lock in their rates ASAP vs. previously buyers who would allow a 60-day close if it were the seller’s preference.

Buyers were willing to do anything to win the bid. Buyer desperation is not as severe now, in my opinion. Charts demonstrate the changes in the market, so be sure to click play!

In general summary:

1. New Listings are DOWN -15.9%.


2. New Pending DOWN -15.7%.

3. Closed sales are DOWN -26%

4. Average Median Sold $350,500

5. Average Days on Market 25

*If you would like a copy of this report emailed to you, please send a request to jenaveryrealtor@gmail.com.

Resource: April 2022 Market Stats by ShowingTime
Bright MLS: Statistics calculated May 2022.

Now some Community News

House of Hope
Empty Bowl Supper 2022 – Was a success!
Thank you to all of the businesses and supporters who sponsored the Empty Bowl Supper this year. You helped make it a great success bringing in about $13,000 for the House of Hope.
Click here to view video from event.

Warren Coalition
We See You, Warren County – sign up (free) online to join this “movement” to help bring our community together. Follow on Facebook! You are going to love it! #WeCUWC
Facebook page.
Sign up here.

Rock & Stroll Event – May 10
Warren Coalition organized the Rock N Stroll
Healthy living for kids 4-13. Drug prevention week.
Rock & Stroll helps to address that by educating children about how to handle their emotions and about healthy choices regarding food and exercise.
Click here for full album.

Chamber of Commerce – May 21
34th Annual Wine & Craft Festival 2022
Watch this video with locals who became movie stars for a day!
Get your tickets here today!

Humane Society of Warren County
Rough Tough & Scruffy – DATE RESCHEDULED June 18
Grab a friend and sign up for a canoe race!!! Vendors, music, and food for all to enjoy. $10.00 entry fee. Proceeds benefit the Humane Society of Warren County. Enjoy the gorgeous venue at Hazard Mill Farms, Bentonville.

Yard Sale & Bake Sale – June 2 & 3
Stop out at the Humane Society of Warren County for a two-day yard sale! Pay by donation! Proceeds from the yard sale go to the Humane Society of Warren County.
Looking for BAKERS!! The Humane Society is pairing up with the House of Hope and has invited them to run the bake sale this year at the yard sale. Let’s donate some delicious goods for the sale!!

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As mortgage rates spike, Virginia’s housing market shifts 

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According to the March 2022 Virginia Home Sales Report released by Virginia REALTORS®, while the spring market is off to a strong start, there are some indications of changing market conditions.

Statewide, there were 11,446 home sales in March 2022, down 6% from a year ago. This decline is due to last year being an exceptionally busy market and also to the very low inventory which has provided buyers with very few options.

In March, Virginia’s median home sales price was $375,000—nearly 12% higher than in March of last year. While year-over-year sales slowed, Virginia did see a significant jump of more than 40% in sales between February and March 2022. This uptick reflects typical seasonal housing market patterns; however, this year, it was also likely fueled by the recent spike in mortgage rates.

Over the past few weeks, rates have risen faster than they have in nearly 30 years. In the second week of April, the average rate on a 30-year fixed-rate mortgage hit 5% for the first time in 11 years.


“Mortgage rates are rising more quickly than anticipated and will likely rise further during the year,” says Virginia REALTORS® Chief Economist Ryan Price. “Many buyers are eager to purchase a home before rates increase further.”

In Virginia, supply remains historically low; inventory is now less than a third of what it was five years ago. Intense competition resulted in homes selling for 2.6% higher than list price, on average, in March. This is the highest monthly average sold-to-list price ratio in at least a decade.

While these numbers may be daunting to potential buyers, there is some indication that supply is expanding. In March, Virginia’s inventory expanded with an uptick in new listings and a slight slowdown in buyer activity. At the end of March, there were about 1,500 more active listings statewide across Virginia, a 12.1% increase from the end of February.

“It is likely that Virginia’s inventory of homes for sale will expand over the coming months,” says Virginia REALTORS® 2022 President Denise Ramey. “Many sellers are feeling pressure from increasing mortgage rates, which will lead some to list their home for property now, before higher rates lead to less buyer interest.”

The Virginia Home Sales Report is published by Virginia REALTORS®. Click here to view the full March 2022 Virginia Home Sales Report.

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How to decide if you should buy a home in the city or suburbs

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The location where you choose to live will impact your lifestyle and financial situation. Here are six things to consider before deciding if you should buy your new home in the city or the suburbs.

1. Price
Homes are generally more affordable in the suburbs. However, you’ll likely spend extra money on transportation. Make sure you do the math before making a decision.

2. Services
Libraries, restaurants, stores, and hospitals are often within walking distance in the city. However, this typically isn’t the case in the suburbs. Nevertheless, some municipalities have small shops.

3. Commute
If you live in the suburbs and work in the city, you may spend a lot of time driving back and forth. If you live close to where you work, however, your commute will likely be shorter.


4. Space
Homes and yards are generally larger in the suburbs. This can be a major advantage if you have children. However, a big home requires considerable maintenance.

5. Pollution
Unless there’s a large factory nearby, air quality tends to be better in the suburbs. There’s also considerably less noise.

6. Lifestyle
If you like the hustle and bustle of the city and frequently go out, you may not be happy living in the suburbs.

Do you know where you want to live? If so, contact a real estate agent to help you find the perfect home.

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Thank You to our Local Business Participants:

@AHIER

Aders Insurance Agency, Inc (State Farm)

Aire Serv Heating and Air Conditioning

Apple Dumpling Learning Center

Apple House

Auto Care Clinic

Beaver Tree Services

Blake and Co. Hair Spa

Blue Ridge Arts Council

Blue Ridge Education

BNI Shenandoah Valley

C&C's Ice Cream Shop

Christine Binnix - McEnearney Associates

Code Ninjas Front Royal

Cool Techs Heating and Air

Down Home Comfort Bakery

Downtown Market

Dusty's Country Store

Edward Jones-Bret Hrbek

Explore Art & Clay

Family Preservation Services

First Baptist Church

Front Royal Women's Resource Center

Front Royal-Warren County Chamber of Commerce

G&M Auto Sales Inc

Garcia & Gavino Family Bakery

Gourmet Delights Gifts & Framing

Green to Ground Electrical

Groups Recover Together

House of Hope

I Want Candy

I'm Just Me Movement

Jen Avery, REALTOR & Jenspiration, LLC

Key Move Properties, LLC

KW Solutions

Legal Services Plans of Northern Shenendoah

Main Street Travel

Makeover Marketing Systems

Marlow Automotive Group

Mary Carnahan Graphic Design

Merchants on Main Street

Mountain Trails

National Media Services

No Doubt Accounting

Northwestern Community Services Board

Ole Timers Antiques

Penny Lane Hair Co.

Philip Vaught Real Estate Management

Phoenix Project

Reaching Out Now

Rotary Club of Warren County

Royal Blends Nutrition

Royal Cinemas

Royal Examiner

Royal Family Bowling Center

Royal Oak Bookshop

Royal Oak Computers

Royal Oak Bookshop

Royal Spice

Ruby Yoga

Salvation Army

Samuels Public Library

SaVida Health

Skyline Insurance

St. Luke Community Clinic

Studio Verde

The Institute for Association & Nonprofit Research

The Studio-A Place for Learning

The Valley Today - The River 95.3

The Vine and Leaf

Valley Chorale

Vetbuilder.com

Warren Charge (Bennett's Chapel, Limeton, Asbury)

Warren Coalition

Warren County Democratic Committee

Warren County Department of Social Services

Warrior Psychotherapy Services, PLLC

WCPS Work-Based Learning

What Matters & Beth Medved Waller, Inc Real Estate

White Picket Fence

Woodward House on Manor Grade

King Cartoons

Front Royal
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Upcoming Events

May
25
Wed
6:30 pm Front Royal Wednesday Night Bingo @ Front Royal Volunteer Fire Deptartment
Front Royal Wednesday Night Bingo @ Front Royal Volunteer Fire Deptartment
May 25 @ 6:30 pm – 9:30 pm
Front Royal Wednesday Night Bingo @ Front Royal Volunteer Fire Deptartment
Bingo to support the American Cancer Society mission, organized by Relay For Life of Front Royal. Every Wednesday evening Early Bird Bingo at 6:30 p.m. Regular Bingo from 7-9:30 p.m. Food and refreshments available More[...]
May
28
Sat
8:00 pm Astronomy for Everyone @ Sky Meadows State Park
Astronomy for Everyone @ Sky Meadows State Park
May 28 @ 8:00 pm – 11:00 pm
Astronomy for Everyone @ Sky Meadows State Park
Historic Area: Discover our International Dark-Sky Park! Our evenings begin with a half-hour children’s “Junior Astronomer” program, followed by a discussion about the importance of dark skies and light conservation. Then join NASA Jet Propulsion[...]
May
30
Mon
7:00 pm 2022 Memorial Day Community Band... @ Gazebo
2022 Memorial Day Community Band... @ Gazebo
May 30 @ 7:00 pm – 8:00 pm
2022 Memorial Day Community Band Concert @ Gazebo
2022 Memorial Day Concert by Front Royal Community Band Monday, May 30, 2022, 7pm, at the Gazebo on Main St. (sponsored by American Legion Post #53)
Jun
1
Wed
6:30 pm Front Royal Wednesday Night Bingo @ Front Royal Volunteer Fire Deptartment
Front Royal Wednesday Night Bingo @ Front Royal Volunteer Fire Deptartment
Jun 1 @ 6:30 pm – 9:30 pm
Front Royal Wednesday Night Bingo @ Front Royal Volunteer Fire Deptartment
Bingo to support the American Cancer Society mission, organized by Relay For Life of Front Royal. Every Wednesday evening Early Bird Bingo at 6:30 p.m. Regular Bingo from 7-9:30 p.m. Food and refreshments available More[...]
Jun
4
Sat
10:00 am Backcountry Crash Course: Earth ... @ Sky Meadows State Park
Backcountry Crash Course: Earth ... @ Sky Meadows State Park
Jun 4 @ 10:00 am – Jun 5 @ 11:00 am
Backcountry Crash Course: Earth Connection Series @ Sky Meadows State Park
Meet at the Overnight Parking Lot. Ready to try backcountry camping? Spend 24 hours in nature learning backcountry skills and survival techniques with professional outdoor instructor Tim MacWelch. With Sky Meadows’ Backcountry Campground as the[...]
10:00 am Clean the Bay Day @ Sky Meadows State Park
Clean the Bay Day @ Sky Meadows State Park
Jun 4 @ 10:00 am – 1:00 pm
Clean the Bay Day @ Sky Meadows State Park
Boston Mill Road Trail near the Park Office. Learn how fences and tree plantings improve water quality at Sky Meadows State Park. Stop by our Explorer Outpost table along the Boston Mill Road Trail where[...]
10:00 am National Trails Day @ Sky Meadows State Park
National Trails Day @ Sky Meadows State Park
Jun 4 @ 10:00 am – Jun 5 @ 12:00 pm
National Trails Day @ Sky Meadows State Park
Meet at the intersection of Boston Mill Road Trail and Hadow Trail. Get your hands dirty as we work to improve the hiking experience on Hadow Trail. Join park trailblazers as they work to enhance[...]
11:00 am Gospel Music Festival @ Gazebo
Gospel Music Festival @ Gazebo
Jun 4 @ 11:00 am – 4:00 pm
Gospel Music Festival @ Gazebo
FOOD WILL BE AVAILABLE | FUN ACTIVITIES! | LIVE MUSIC!
12:00 pm Settle’s Kettle @ Sky Meadows State Park
Settle’s Kettle @ Sky Meadows State Park
Jun 4 @ 12:00 pm – 3:00 pm
Settle's Kettle @ Sky Meadows State Park
Log Cabin in the Historic Area. Follow your nose to the Log Cabin to see what tasty treats are cooking on the hearth. Watch as a Sky Meadows volunteer dons historic clothing and cooks delicious[...]
12:00 pm The Farmer’s Forge @ Sky Meadows State Park
The Farmer’s Forge @ Sky Meadows State Park
Jun 4 @ 12:00 pm – 3:00 pm
The Farmer’s Forge @ Sky Meadows State Park
Historic Area. The forge is fired up and the blacksmiths are hard at work in the Historic Area. Members of the Blacksmith Guild of the Potomac have set up shop and are ready to show[...]