Where do we even start with this controversy? Can we blame it on COVID? Possibly! Let’s face it, COVID ignited a real estate boom here at Lake Anna. When working from home became the new normal, DC and Northern Virginia commuters found themselves buying that lake house sooner than they thought they could or would be able to. Many of …
By Tiffany Hazelwood As 2023 comes to a close, one of the biggest things we will happily bid farewell to will be the fickle fate of mortgage rates! When the ball drops at midnight, join me in raising a glass to a more forgiving 2024! But let’s take a look at where we’ve been as an indication of where we’re …
Short-term rentals offer an appealing prospect for Lake Anna homeowners, presenting an avenue for generating extra income, boosting local economic activity, and facilitating the enjoyment of the area by numerous families annually. While this arrangement seems promising, there are potential considerations to weigh. For local residents, the operation of short-term rental properties could potentially introduce additional vehicular activity on roads …
By Tiffany Hazelwood, Associate Broker, Lake Homes Realty Wait, is the market stagnant? Debbie Downers who are only focused on higher-than-recent interest rates, but lower-than-historically-high interest rates would say yes. But supply-and-demand actualities reveal that there are still more buyers than homes for sale (in most markets), and with lake homes being second homes for a lot of owners, there …
Lake Anna Real Estate: Vanishing now… Wait, where did it go? Sit down for this one. A whopping $106,052,882.00 of water-oriented residential real estate has changed hands at Lake Anna, year to date. This includes waterfront homes, waterfront land, water-access homes and water-access land, but does not include new construction homes whose value will not hit the market until they …
