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What Matters Warren

A summary of the Shenandoah Valley Real Estate Market and Economic Summit

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WHAT MATTERS Warren – Chief Economist and Senior Vice President of Research at the National Association of REALTORS (Dr. Lawrence Yun) was keynote speaker at a recent event addressing the Shenandoah Valley’s economy and real estate market. Dr. Yun spoke to a large crowd at Lord Fairfax Community College last Thursday, November 29th, and shared a positive forecast for the local and national economies. In this video, Nancy Silva of the Blue Ridge Association of Realtors (BRAR) asks him to share a message for those who couldn’t attend the BRAR sponsored summit. Following his remarks are a few of the most interesting slides he presented.

Dr. Yun remarked that Seattle has been one of the hottest real estate markets in the country, largely due to Amazon, and he added that Amazon’s local announcement should heartily contribute to the already thriving economic conditions in the surrounding area. He revealed that the greater Winchester area has three times faster growth in comparison with the rest of the country.

The presentation began with confidence that interest rates will not skyrocket as many have feared. He also commented that he feels the real estate market will remain relatively stable and “boring” until at least 2020 as he encouraged long term reflection of positive trends in the face of negative headlines.

Investors and homeowners are doing well over the long term despite the resent lull in the markets, he professed. He attributes the current slowdown largely to the time of year. He said we enjoyed a flurry of great activity in the spring and should not be overly concerned about the recent slowdown. Even though new home sales are at a 4 year low, he insists that the downturn is “not a major crash.” He explained that buyers are burned out from spring bidding wars and are now wanting to see 10+ homes before deciding. He says there’s a lack of inventory of entry level homes and buyers are frustrated.

He elaborated on buyer’s diminished optimism and revealed that expectation surveys are conflicting because despite the recent slump, most people expressed confidence in rising home prices. Dr. Yun is optimistic for a strong spring market despite the fact that, “buyers have retreated and homes are on the market longer.” He encourages current sellers to “give in on prices or wait until the spring.” He suggests that buyers should take advantage of the increased inventory because “more inventory means better deals.” On interest rates, he warned that it’s false hope to think that rates will come down and the question is not if they will lower but how much they will rise.

Dr.Yun is encouraged by the fact that people are paying their mortgages and there are fewer owners facing foreclosure. He reported, “homeownership is making a comeback” and that “home prices are unlikely to drop.” He thinks that real estate trends will be relatively boring through 2020 and confessed that if there is a new bubble, it’s in commercial real estate, not in residential sales. He added that people are staying in their homes longer these days (about 10-11 years) compared to past years in which owners were moving before their 8 year purchase anniversary.

Katrina Meade of City National Bank was in attendance at the summit and had great things to say about his presentation, “I thought it was interesting comparing 2004 (before the bubble) and now – ARM (adjustable rate mortgage) loans made up 28.8% of loan applications in 2004 and now they make up only 6.5% – definitely reflective of marketing/sales/perception issue that we as an industry have to continue to overcome.”

Dr. Yun’s optimism was embraced by his audience as he offered appreciated reassurance in the face of questionable headlines. His insight encourages healthy optimism throughout both the local real estate & economic markets.


A WHAT MATTERS INITIATIVE

Are you or your group in need of a free video that could be created to help market your cause or event?

Beth’s WHAT MATTERS Warren/Town Tip videos post on Facebook and YouTube. They are also shared with Royal Examiner online (most are distributed in their daily email blast to thousands of local residents). Sign up for Royal Examiner Email Alerts HERE and check out the “WHAT MATTERS Warren” tab under “Features.”

Visit www.whatmattersw2.com “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid.

Learn more Beth’s nonprofit,  WHAT MATTERS, a 501 (c) (3), at www.whatmattersw2.com out the “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid or contact her at 540-671-6145 or beth@whatmattersw2.com.


About WHAT MATTERS:

WHAT MATTERS is a 501(c)(3) that she started this year to enable people to have the benefit of a tax deduction for their donations through her fundraising matches.

Here is the Current Match Campaign for the children of Bunyade school project.

WHAT MATTERS has ZERO overhead as 100% of the expenses are funded by her real estate business (THANK YOU CLIENTS AND SUPPORTERS for making that possible!).  Every cent donated goes to the cause.

WHAT MATTERS is a 501(c)(3) that focuses on local and global outreach to help spread the word, support and raise funds for causes that matter. If you’d like to get involved, or travel to Africa with her on a future trip to work with the children of Light up Life Foundations, please visit www.whatmattersw2.com.

Real Estate

The numbers are in: Beth Medved Waller, founder of WHAT MATTERS, remains Warren County’s #1 listing agent in 2018

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Beth Medved Waller, Warren County’s #1 listing agent in 2018

Warren County, VA — Beth Medved Waller’s new year’s goals for the past decade have always been to remain the top listing agent in Warren County and to spread the word about her favorite nonprofits. She never imagined that in 2018 she would be able to sell the most Warren County listings while also starting her own global 501(c)(3) nonprofit that took her out of the country seven times. “I believe we are all on a journey in life, and if we follow our hearts, even when it means taking leaps of faith that don’t make sense, our lives will be blessed beyond measure and most importantly we’ll be able to bless others in the process.”

Beth in Bunyade, Uganda – a remote village that has no electricity, but now has a new primary school thanks largely to the real estate clients who called on Beth Medved Waller to sell their homes in 2018.

Initially worried that people would think she couldn’t be an effective realtor with her nonprofit work and traveling, she laughs when people question her ability to serve her sellers. “Before I head overseas, I tell my clients that I’ll be faster responding to their emails and calls while abroad. When I’m away, I’m not on back-to-back appointments like I used to be the past decade, so I can return calls and emails faster. My phone works better in the remote village that has no electricity (where the new school is located) than it does in Browntown, VA!” Beth also works with a fantastic transaction coordinator based out of the Keller Williams Solutions main office in Manassas, VA to keep her organized and always connected. Both her real estate and nonprofit work are headquartered in the former “Team Waller” office at 27 Cloud Street in downtown Front Royal, which she has converted into a nonprofit center. The building provides office space for the Front Royal Women’s Resource Center and CASA (Court Appointed Special Advocates). She also hosts a free community meeting space beside the Daily Grind on Main Street which is a WHAT MATTERS initiative to support downtown Front Royal and residents by providing a comfortable and well-appointed place for groups large and small to meet (or host fundraisers, presentations or networking events) at no cost.

To learn more about how Beth can help with your real estate goals, or to discover more about WHAT MATTERS, please visit her website at www.whatmattersw2.com or give her a call at 540-671-6145. She’d love the opportunity to share her passion for real estate and her gift of negotiating and outside-the-box marketing/strategizing. Her passion for nonprofit work is also a topic she’d love to discuss with anyone interested. She can also be reached by email at beth@whatmattersw2.com to start a conversation about you joining in her support efforts to help Light up Life Foundations in Uganda, to book a time to utilize her free community meeting space (“Open House” in the Middle of Main building on Main Street), to schedule a no-cost social media video to promote your business/group or cause, or to discuss another current or future WHAT MATTERS Initiative.

BETH Medved Waller
Associate Broker, KW Solutions, Keller Williams Realty
Director, WHAT MATTERS, a 501 (c) (3) nonprofit


Can you spare $1 to change a life of one of the children in the lyric video below? 

Download “What Matters is your Heart” on iTunes, Spotify, Amazon or Google today for $0.99-$1.29. YOU can become a part of dollardreamdownload.com and change lives — one song, one dream, one download at a time! Help me reach my 1 million download goal to support children in Uganda!

Song performed by Herbie Skarbie Kawuma, Lyrics by ME


BETH@WHATMATTERSW2.COM
WHATMATTERSW2.COM

Local Office:
27 Cloud Street Front Royal, VA 22630  |  540-671-6145
Northern Virginia Office:
8100 Ashton Ave #103 Manassas, VA 20109  |  703-330-2222

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What Matters Warren

The Area One|ders’ evening Rotary Club now forming

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Rotary District 7570 Governor, George Karnes, is excited to invite Warren, Frederick, and Clarke County residents to learn about an opportunity to join “The Area ONE|ders”, a new Rotary Club forming in the region. Service-minded citizens of Rotary District 7570 Area 1 are invited to the club’s next social gathering at the Paladin Bar & Grill (181-A Warrior Drive, Stephens City, VA) on Thursday, 1/17 at 6pm.  Members will experience the benefits of professional networking, camaraderie with new friends, as well as explore and connect with other locations in the three counties all while performing humanitarian works.

Founded by professionals in the Finance, Hospitality, Real Estate, Local Government, and Information Technology industries, this flexible club will offer casual evening meetings/social events on the 1st and 3rd Thursday of every month, with a goal of identifying and providing service opportunities and projects throughout the tri-county area.

“I’m excited to be advising a group of dynamic individuals who have a desire to serve, network and socialize with others who embrace Rotary’s vision form a Rotary Club that fits into their busy lives. They are committed to creating a club that caters to the scheduling needs of people who have a desire for fellowship and service but need flexibility in their meeting schedules,” George shared.

The Area ONE|ders club will be officially chartered during the Rotary District 7570 Conference in March at the Homestead in Hot Springs, VA. The group has already begun their meeting schedule of gathering the first and third Thursdays of each month from 6pm-7pm (Social after) at rotating locations throughout Warren, Clarke, Frederick, Winchester City, and the townships within each region.

Those interested in joining this unique Rotary Club charter membership opportunity that are able/unable to attend the upcoming social beginning at 6:00pm on Thursday, 1/17 at the Paladin Bar and Grill in Stephens City, are encouraged to contact the group at TheAreaONEders@gmail.com for more details or visit the group’s facebook page.

Click Here for the event page for next Thursday.

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What Matters Warren

Front Royal’s Christmas Star shines on

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WHAT MATTERS Warren – A beloved annual tradition continues in Front Royal as a 93 year old’s wish was granted last Friday night. Ronald P. Rossi had been lighting an enormous steel star from his home on Fox Drive for over 50 years and the star will continue to shine long after his death (in August of this year) thanks to Nathan Patterson and Royal Auto Works. Patterson closed on the late Mr. Rossi’s property on Friday, 12/14, and invited family and friends for a lighting ceremony that honored the previous owner’s memory and marked the beginning of new memories to be made on Fox Drive.

Watch this video see the ceremony and hear Mr. Rossi, in his own words (in a spring interview with Beth Medved Waller who was listing agent for the property), recount the origin of the star and his desire to have the annual tradition live on after his death. According to Patterson, “We know the Star is important to the community and the community is important to us at Royal Auto Works. We are happy to be able to provide Christmas joy to Front Royal by keeping the tradition alive.”


A WHAT MATTERS INITIATIVE

Are you or your group in need of a free video that could be created to help market your cause or event?

Beth’s WHAT MATTERS Warren/Town Tip videos post on Facebook and YouTube. They are also shared with Royal Examiner online (most are distributed in their daily email blast to thousands of local residents). Sign up for Royal Examiner Email Alerts HERE and check out the “WHAT MATTERS Warren” tab under “Features.”

Visit www.whatmattersw2.com “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid.

Learn more Beth’s nonprofit,  WHAT MATTERS, a 501 (c) (3), at www.whatmattersw2.com out the “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid or contact her at 540-671-6145 or beth@whatmattersw2.com.


About WHAT MATTERS:

WHAT MATTERS is a 501(c)(3) that she started this year to enable people to have the benefit of a tax deduction for their donations through her fundraising matches.

Here is the Current Match Campaign for the children of Bunyade school project.

WHAT MATTERS has ZERO overhead as 100% of the expenses are funded by her real estate business (THANK YOU CLIENTS AND SUPPORTERS for making that possible!).  Every cent donated goes to the cause.

WHAT MATTERS is a 501(c)(3) that focuses on local and global outreach to help spread the word, support and raise funds for causes that matter. If you’d like to get involved, or travel to Africa with her on a future trip to work with the children of Light up Life Foundations, please visit www.whatmattersw2.com.

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What Matters Warren

The Blue Ridge Singers perform this week!

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WHAT MATTERS ANNOUNCEMENT – The Blue Ridge Singers perform this week! 12/14 and 12/16

Blue Ridge Singers, an acclaimed chamber choir, celebrating its 10th anniversary season, will perform ​“It’s the Most Wonderful Time of the Year” under the direction of Dr. Jeffrey M. Alban. This Christmas concert series features four-hand piano and percussion accompaniment, lively holiday melodies with a twist, Nigerian tribal rhythms and traditional sounds and carols from Wilberg, Fry, Forrest, Chilcott, Rachmaninoff, Britten, Siegfried, Parry and Brooks.

Performances are on Friday, December 14 at 7:30 pm at the Front Royal Presbyterian Church in Front Royal, and on Sunday, December 16 at 4:00 pm at The First Baptist Church in Winchester. Concerts are free; a free will offering will be taken.

Blue Ridge Singers was formed in 2009 with a commitment to excellence, education, and community. An additional concert at Westminster Canterbury will be performed on December 18 in Winchester. For more information, please visit their website at www.blueridgesingers.com


A WHAT MATTERS INITIATIVE

Are you or your group in need of a free video that could be created to help market your cause or event?

Beth’s WHAT MATTERS Warren/Town Tip videos post on Facebook and YouTube. They are also shared with Royal Examiner online (most are distributed in their daily email blast to thousands of local residents). Sign up for Royal Examiner Email Alerts HERE and check out the “WHAT MATTERS Warren” tab under “Features.”

Visit www.whatmattersw2.com “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid.

Learn more Beth’s nonprofit,  WHAT MATTERS, a 501 (c) (3), at www.whatmattersw2.com out the “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid or contact her at 540-671-6145 or beth@whatmattersw2.com.


About WHAT MATTERS:

WHAT MATTERS is a 501(c)(3) that she started this year to enable people to have the benefit of a tax deduction for their donations through her fundraising matches.

Here is the Current Match Campaign for the children of Bunyade school project.

WHAT MATTERS has ZERO overhead as 100% of the expenses are funded by her real estate business (THANK YOU CLIENTS AND SUPPORTERS for making that possible!).  Every cent donated goes to the cause.

WHAT MATTERS is a 501(c)(3) that focuses on local and global outreach to help spread the word, support and raise funds for causes that matter. If you’d like to get involved, or travel to Africa with her on a future trip to work with the children of Light up Life Foundations, please visit www.whatmattersw2.com.

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What Matters Warren

Town Tip Thursday: Royal Cinemas Christmas Classics start this Saturday, Dec. 1

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Town Tip Thursday, A WHAT MATTERS Initiative – The holiday season has arrived, and Royal Cinemas will be kicking off its beloved annual Christmas tradition by offering free admission to Christmas movie classics on Saturday mornings in December (starting at 10 a.m. this Saturday, 12/1)! Join Beth Medved Waller in this short video with Rick Novak, owner of Royal Cinemas, as he invites the community to Main Street, Front Royal to get festive and support some great causes in the process!

Royal Cinemas is a location where people can make donations to three area holiday fundraising endeavors! If you’re heading out to enjoy a movie this season, consider sharing with local children and families in need! At Royal Cinemas, you can drop off donations for the Front Royal Rotary’s Coats for Kids program, Doc Smith Christmas Basket initiative, and the Salvation Army!


A WHAT MATTERS INITIATIVE

Are you or your group in need of a free video that could be created to help market your cause or event?

Beth’s WHAT MATTERS Warren/Town Tip videos post on Facebook and YouTube. They are also shared with Royal Examiner online (most are distributed in their daily email blast to thousands of local residents). Sign up for Royal Examiner Email Alerts HERE and check out the “WHAT MATTERS Warren” tab under “Features.”

Visit www.whatmattersw2.com “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid.

Learn more Beth’s nonprofit,  WHAT MATTERS, a 501 (c) (3), at www.whatmattersw2.com out the “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid or contact her at 540-671-6145 or beth@whatmattersw2.com.


About WHAT MATTERS:

WHAT MATTERS is a 501(c)(3) that she started this year to enable people to have the benefit of a tax deduction for their donations through her fundraising matches.

Here is the Current Match Campaign for the children of Bunyade school project.

WHAT MATTERS has ZERO overhead as 100% of the expenses are funded by her real estate business (THANK YOU CLIENTS AND SUPPORTERS for making that possible!).  Every cent donated goes to the cause.

WHAT MATTERS is a 501(c)(3) that focuses on local and global outreach to help spread the word, support and raise funds for causes that matter. If you’d like to get involved, or travel to Africa with her on a future trip to work with the children of Light up Life Foundations, please visit www.whatmattersw2.com.

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Real Estate

National Association of Realtors economic/research specialist to be speaking at LFCC

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WHAT MATTERS Warren – Mark your calendars for THIS THURSDAY, NOVEMBER 29th, to hear from a National Association of Realtors economic/research specialist at Lord Fairfax Community College in Middletown (173 Skirmisher Lane Middletown, VA).

Don’t miss this rare opportunity to hear from one of the country’s TOP REAL ESTATE EXPERTS as he answers “How’s the Market?” at the Shenandoah Valley Real Estate Market & Economic Summit sponsored by the Blue Ridge Association of Realtors.  Learn insight from speaker Dr. Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®.

Yun will present a 12-24 month economic forecast of the national level in addition to a hyper-local forecast of the Shenandoah Valley real estate market.  Anyone who is thinking of buying/selling, investors, and members of the real estate industry are encouraged to attend.

Doors Open at 8:00AM for registration and the presentation runs from 9:00 to 11:00AM.  Following Dr. Yun, leaders from our local Economic Development Authorities will present updates from Frederick County, Warren County, and Winchester City (including commentary on Amazon’s recent announcement).

Cost is $15.00 in advance and $20.00 at the door, with FREE admission for BRAR Members.  For Reservations or more information, call 540-667-2606. This is a nonprofit event and all proceeds will benefit the United Way and the Blue Ridge Association of REALTORS Scholarship Fund.


ABOUT DR. YUN

Lawrence Yun is Chief Economist and Senior Vice President of Research at the National Association of REALTORS®. He oversees and is responsible for a wide range of research activity for the association including NAR’s Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report. He regularly provides commentary on real estate market trends for its 1.3 million REALTOR® members.

Dr. Yun creates NAR’s forecasts and participates in many economic forecasting panels, among them the Blue Chip Council and the Wall Street Journal Forecasting Survey. He also participates in the Industrial Economists Discussion Group at the Joint Center for Housing Studies of Harvard University. He appears regularly on financial news outlets, is a frequent speaker at real estate conferences throughout the United States, and has testified before Congress. Dr. Yun has appeared as a guest on CSPAN’s Washington Journal and is a regular guest columnist on the Forbes website and The Hill, an “inside the beltway” publication on public affairs.

Dr. Yun received his undergraduate degree from Purdue University and earned his Ph.D. from the University of Maryland at College Park.


A WHAT MATTERS INITIATIVE

Are you or your group in need of a free video that could be created to help market your cause or event?

Beth’s WHAT MATTERS Warren/Town Tip videos post on Facebook and YouTube. They are also shared with Royal Examiner online (most are distributed in their daily email blast to thousands of local residents). Sign up for Royal Examiner Email Alerts HERE and check out the “WHAT MATTERS Warren” tab under “Features.”

Visit www.whatmattersw2.com “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid.

Learn more Beth’s nonprofit,  WHAT MATTERS, a 501 (c) (3), at www.whatmattersw2.com out the “Community” section to request a TOWN TIP or WHAT MATTERS WARREN BETHvid or contact her at 540-671-6145 or beth@whatmattersw2.com.


About WHAT MATTERS:

WHAT MATTERS is a 501(c)(3) that she started this year to enable people to have the benefit of a tax deduction for their donations through her fundraising matches.

Here is the Current Match Campaign for the children of Bunyade school project.

WHAT MATTERS has ZERO overhead as 100% of the expenses are funded by her real estate business (THANK YOU CLIENTS AND SUPPORTERS for making that possible!).  Every cent donated goes to the cause.

WHAT MATTERS is a 501(c)(3) that focuses on local and global outreach to help spread the word, support and raise funds for causes that matter. If you’d like to get involved, or travel to Africa with her on a future trip to work with the children of Light up Life Foundations, please visit www.whatmattersw2.com.

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6:00 pm Demystifying Digital Photography... @ Art in the Valley
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