By Elaine VonCannon, ABR, SRES, Associate Broker, Notary, Team Leader, Property Manager, Award Winning Agent
(Williamsburg, Virginia) The topsy-turvy state of the real estate market is a challenge to buyers and sellers and REALTOR Elaine VonCannon will be addressing this in an upcoming presentation: "Riding the Rollercoaster: Is it a Seller 's Market or a Buyer 's Market in Williamsburg, Virginia?" VonCannon 's educational and informational seminar is open to the public and is sponsored by Williamsburg Area Learning Tree (WALT). It is scheduled for Wednesday October 8th from 6:30-7:30 p.m. at Walsingham Academy on Jamestown Road, in Williamsburg Virginia. Cost is $15. Seating is limited. Participants may register and pay for the WALT class online to ensure a seat.
Jeff Hurd, a Loan Officer with Movement Mortgage in York County, Virginia will be present to speak briefly about current trends in mortgage lending and answer questions.
John Wilson, owner of the brokerage VonCannon works for, Coldwell Banker Traditions in Williamsburg, has assessed the local real estate market as follows: "Supply and demand dictates the market. The overall real estate market in Williamsburg, Virginia continues to struggle to get any appreciation and/or momentum. The homes on the market need to be turnkey, ready to go, and must be priced correctly. The sellers must be ready to beat the market with the condition of the home and be priced to compete. This is especially true for the upper end." There are still many distressed homes and foreclosed properties on the market, and coming onto the market regularly. This means that homeowners who want to list their property must make sure it is move in ready, because sellers have the option of buying bank owned 'fixer uppers.'
Elaine VonCannon also frequently presents information on the real estate market in the Williamsburg area with John Starke, a financial planner. VonCannon speaks at investment seminars Starke hosts. Her articles on real estate have been reprinted in national publications and she is recognized in the region as a reliable real estate expert, with her finger on the pulse of the market. VonCannon has been in the real estate profession for 15 years. To read more articles on the current market or view real estate listings in Williamsburg, visit http://www.voncannonrealestate.com or email Elaine at firstname.lastname@example.org.