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Skyline Team Real Estate
917 Susan Ave.
Woodstock, VA 22664
Phone: 540-459-5555
Fax: 540-459-5553
Email: reception@skylineteam.net
Licensed in Virginia and West Virginia

Welcome

Skyline Team Real Estate was established to provide comprehensive full-service real estate services to the Northern Shenandoah Valley.  We are committed to seeing the American Dream of Home Ownership become a reality to all who desire to achieve such a goal. On our site you can search for homes in Woodstock, Toms Brook, Maurertown, Strasburg, Edinburg, Mount Jackson, New Market, Basye  or other areas; checkout our Dream Home Finder for homebuyers and sellers can obtain Free Market Analysis, for more information about  Our Team, call us today to see how our professionals and your Shenandoah Valley REALTORS® can serve you.

In a hurry? Use Quick Search or Map Search to browse an up-to-date database list of all available properties in the area, or use our Dream Home Finder form and let us do the work for you.

If you're planning to sell your home now or in the future, nothing is more important than knowing what the market prices are bearing. We would love to help you with a FREE Market Analysis. We search the MLS for comparable sold listings to help you determine the accurate market value of your home, it's important to know your homes value.

We can also help you find rental properties in Shenandoah, Warren, Frederick, and Page Counties.   For your convenience, here is the application for rentals.

Real Estate News!!!

Latest Realty News from NAR

Land Market Shows Slow But Steady Growth in 2018, According 2018 RLI-NAR Land Survey

With rising interest rates and commodity prices still depressed, land sales and land prices continued to increase, although at a modest pace, during October 2017 – September 2018, according to the 2018 Land Market Survey of the REALTORS® Land Institute and the National Association of REALTORS®, an annual survey of land practitioners.

Land sales in dollar volume rose two percent during the reference period of October 2017 – September 2018 compared to the level of sales during the prior 12 months, a smaller rate of increase compared to the four percent growth during the October 2016 – September 2017.

Among types of land, residential land sales posted the highest increase at 4 percent, followed by commercial and recreational land, each growing at 3 percent.   Residential and commercial land sales rose at a modest pace compared to the pace of growth during October 2016 – September 2017.  The slower growth in residential land transactions reflects the slowdown in home sales since the second quarter of 2018 and the slower pace of price appreciation. During the same period of October 2017- September 2018, existing home sales were down by about 1 percent compared to the level during the prior 12 months, while the median sales price of existing home sales were up at a modest 4.2 percent on a year-over-year basis compared to the 5.5 percent price gain in November 2017.

Commercial land sales also rose at a modest pace, as higher interest rates exerted a downward pressure on commercial land prices to keep returns in line with rising interest rates.

Agricultural land sales rose at a slow pace of one percent, with commodity prices still depressed, with prices of cattle, livestock, and grains still below 2015 levels.

Residential and commercial land also posted the highest price appreciation. On average, residential land rose five percent during the reference period, while commercial land rose four percent, the same pace in the 2017 survey.

In addition to market conditions (rising interest rates, low commodity prices), respondents noted several issues affecting land market transactions such as getting the right appraisal/valuation for land, especially in rural areas, the lack of lender financing, and changes in zoning and local regulations that slow land development.

Among land practitioners who participated in the survey, nearly half of land sales were for recreational land (28 percent of land sales) and residential land (27 percent). Timber, agricultural non-irrigated, and ranch land transactions accounted for 10 to 12 percent each.  Commercial land transactions accounted for four percent.

Regions 7, 8,9, and 10 accounted for 70 percent of land sales among the respondents.

About the 2018 Land Market Survey

The Land Market Survey is a collaboration of the REALTOR® Land Institute (RLI) and the National Association of REALTORS® (NAR) that started in 2016.The objective of this survey is to gather information and insights about land transactions among land real estate professionals that can be used as a resource in conducting land business.

RLI sent out the survey to 1,323 RLI members and approximately 5,000 prospects who are engaged in land transactions, 809 of which responded to the survey.  NAR and RLI conducted the online survey from October 8–November 23, 2018. The 2018 survey gathers information on transactions during the reference period of October 2017–September 2018.

The annual Land Markets Survey is a tool for landowners and land real estate professionals in all sectors of the business to use for bench-marking and as an informational resource when conducting business. This year marks the sixth consecutive year that the survey has been conducted to reveal current trends and the ever-changing state of land markets within the industry; and this year’s survey had the highest participation rate ever. The Realtors® Land Institute has made the full survey results available for free to the public on their website.                                                                         

The Realtors® Land Institute, “The Voice of Land,” continually strives to maintain its status as the acknowledged leader for all matters pertaining to the land real estate profession. The Realtors® Land Institute provides the expertise, camaraderie, and valuable resources that are the foundation for all land real estate professionals to become the best in the business. For more information, visit rliland.com or call 800.441.5263.

November 2018 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.99 percent this November, up 19.1 percent compared to 4.19 percent a year ago.

  • Housing affordability declined from a year ago in November moving the index down 10.6 percent from 161.0 to 144.0. The median sales price for a single family home sold in November in the US was $260,500 up 5.0 percent from a year ago.
  • Nationally, mortgage rates were up 80 basis point from one year ago (one percentage point equals 100 basis points).
  • The payment as a percentage of income was up from last month at 17.4 percent this November and up from 15.5 percent from a year ago. Regionally, the West has the highest payment at 23.8 percent of income. The Northeast had the second highest payment at 17.1 percent followed by the South at 16.8 percent. The Midwest had the lowest payment as a percentage of income at 13.7 percent.

  • Regionally, the Northeast recorded the biggest increase in home prices at 8.2 percent. The South had an increase of 3.8 percent while the West had a gain of 2.4 percent. The Midwest had the smallest growth in price of 1.6 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Northeast had the biggest drop in affordability of 14.4 percent. The South had a decline of 9.3 percent followed by the Midwest that fell 9.2 percent. The West had the smallest drop of 7.2 percent.
  • On a monthly basis, affordability is down from last month in all of the four regions. The Northeast region had the decline of 5.5 percent. The South had a decline of 2.0 percent followed by the Midwest with a dip of 1.8 percent. The West had the smallest dip in affordability of 0.7 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 181.9. The least affordable region remained the West where the index was 105.0. For comparison, the index was 148.8 in the South, and 146.4 in the Northeast.

  • Mortgage applications are currently up while credit availability is down. Rates are higher this month but are still historically low. Home prices are up 5.0 percent while median family incomes that are growing 3.0 percent. The job market is steady. More inventory is welcome on the lower end of the market whereas there is more supply of inventory for high priced homes.
  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

Throwback Thursday: First-Time Homebuyers Then and Now

In 1981 when NAR first started tracking the data, the average age of a first-time homebuyer was 29.  They made up 44 percent of all homebuyers.  Sixty-eight percent of first-time buyers were married couples, 12 percent were single female and 13 percent were single male (seven percent were other).

In contrast, in 2018, the average age of a first-time homebuyer was 46 and they accounted for 33 percent of all homebuyers.  Fifty-four percent were married couples, 18 percent were single female, 10 percent were single male, and 16 percent were unmarried couples (two percent were other).

In 1989, first-time buyers largely rented an apartment before they bought their home at 80 percent, and 15 percent lived with parents, relatives, or friends.  In 2018, the share of first-time buyers that lived in an apartment before they bought their home slipped to 71 percent while the share of those that had been living with parents, relatives, or friends previous to buying rose to 23 percent.

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Shenandoah Valley a wonderful place to call home.  

We are home to the natural wonder of Seven Bends of the North Fork of the Shenandoah River, New Market Battlefield State Historical Park, the Virginia Museum of the Civil War, Shenandoah Caverns, American Parade on Celebration, The Yellow Barn, the Shenandoah Valley Music Festival, Bryce Resort with year round activities, Strasburg Museum, Hupps Hill Civil War Park, Woodstock Museum, Edinburg Mill Museum, tour Route 11 traveling through Strasburg, Toms Brook, Maurertown, Woodstock, Edinburg, Mt. Jackson, New Market and more.  Shenandoah County is home to many vineyards such as Cave Ridge Vineyard, North Mountain Vineyard, Shenandoah Vineyard, Wolf Gap Vineyard and more. 

Testimonials

Nathan represented me buying my very first home. When initially looking for properties, he went above and beyond to provide information on homes that suited my needs and met my budget. Ultimately, Nathan found a property that is PERFECT for me that I may not have otherwise known was on the market. He was kind, honest, patient, and knowledgeable throughout the entire process (despite my endless questions). I could not have asked for more from a realtor and will be recommending friends and family. Heather
Robin & Donna, We want to thank you both so very much for all of your hard work in finding our forever home. The two of you were our first contacts in Virginia and no matter what we asked or how many houses we wanted to see, you always went above and beyond our expectations... Always with a smile, advice, and encouragement. We could not have asked for a better home buying experience and we consider you both friends and not just real estate agents. Thank you so much for finding us the perfect home and for helping us begin living our Virginia dream! Tom & Chris
Robin and Nathan, We couldn’t be more pleased with the photos and the descriptions. We looked very hard for something to correct or change and couldn’t find a thing! Outstanding pictures (Which was hard to do when all of the rooms look the same with no furniture in them!) Everything looks great and we now have no doubt we made the right decision in picking our Realtor and her team. Thomas
Nathan was an exceptional agent for me from the start! He had already done his homework (within just a few hours) with a possible listing price before seeing the property. In addition, he took excellent photos of my home; going the extra mile to remove "junk" from the various rooms before taking photos to make my place look even better! He contacted everyone for me (lawyer, pest inspection, contractor, etc) and all I needed to do was relax and let him do the work! To top things off, my home had a contract within 6 days of listing! If you're looking for an agent that will do the work for you and go the extra mile, then Nathan Gochenour is your man! Highly recommended! Shelby
In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as the Skyline Team. Without hesitation, we would highly recommend their service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us! James
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