About Gail Farrace

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So far Gail Farrace has created 88 blog entries.

Market Statistics – December 2019

Blue Ridge Association of REALTORS® (BRAR) Market Statistics December 2019 Overall, the number of new listings in December for the Blue Ridge Association of REALTORS® service area rose by 3.3% from 2018, with closed sales showing an increase of 12.7% from 2018, and the number of listings under contract was up by 2.1%. The median [...]

Market Statistics – December 20192020-01-16T16:53:48-05:00

Commercial Property Evaluation

When evaluating commercial property, there are three basic approaches used to determine value: The Sales Comparison Method, the Income Approach and the Cost Approach. The Sales Comparison Method relies upon historical market data from similar properties that are currently listed or have recently sold. Since no two properties are identical, adjustments must be made for [...]

Commercial Property Evaluation2019-12-18T14:34:47-05:00

Market Statistics – November 2019

Blue Ridge Association of REALTORS® (BRAR) Market Statistics November 2019 Overall, the number of new listings in November for the Blue Ridge Association of REALTORS® service area increased by 2.7% from 2018, with closed sales showing a significant increase of 10.9% from 2018, while the number of listings under contract was up by just 1.4%. [...]

Market Statistics – November 20192019-12-17T11:30:56-05:00

Market Statistics – October 2019

Blue Ridge Association of REALTORS® (BRAR) Market Statistics October 2019 Overall, the number of new listings in October for the Blue Ridge Association of REALTORS® service area increased by 3% from 2018, with closed sales showing an increase of 7.9% from 2018 and the number of listings under contract was up by 0.3%. The median [...]

Market Statistics – October 20192019-11-14T15:46:10-05:00

Why Use a Realtor for New Construction?

When Mike and Cassie decided they had outgrown their first home and needed to move on, they contacted the agent that had originally helped them with their purchase, Dan Whitacre. After touring numerous properties, Mike and Cassie decided building a new home was the best option for their family. With Dan’s guidance, Mike and Cassie [...]

Why Use a Realtor for New Construction?2019-11-14T15:46:53-05:00

Parade of Homes – Oct 19th & 26th – 12 to 5pm – 141 Omps Drive

**PARADE OF HOMES** - OCT 19th & OCT 26th - 12 to 5pm 141 Omps Drive, Winchester, VA 22601 This fabulous newly built custom home will be open to the public. Difficult to find new construction in the City of Winchester. Walking distance to the Museum of the Shenandoah Valley & Valley Health. [...]

Parade of Homes – Oct 19th & 26th – 12 to 5pm – 141 Omps Drive2019-10-18T11:38:39-04:00

D’Arcy Amburn Honored

                Colony Realty is proud to announce that D’Arcy Amburn, 2019 President of the Blue Ridge Association of Realtors has been inducted into the Virginia Realtors Honor Society. Members of the Virginia Realtors Honor Society are recognized for outstanding commitment, dedication, and service to the local, state and [...]

D’Arcy Amburn Honored2019-10-18T11:10:18-04:00

Winchester is Booming!

According to CoStar, the leading source for Commercial Real Estate data, Winchester has become a development boom town! Office and Industrial sectors are seeing all-time high levels of activity thanks to Amazon’s 1 million–square-foot distribution facility, Navy Federal Credit Union’s expansion and the FBI’s new Central Records Complex in Winchester. CoStar estimates that these three [...]

Winchester is Booming!2019-10-14T13:12:06-04:00

Colony Realty on the Road

Colony Realty is pleased to announce the unveiling of our new billboard along Route 522 N. The sign features some of our top agents and highlights our 55+ years of service to the community. The prominent location is highly visible and sure to attract attention. When you’re ready to list or buy, call Colony Realty!

Colony Realty on the Road2019-09-24T12:17:47-04:00
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