The Williamsburg Real Estate Blog

July 28th, 2008 11:10 AM

More and more people are now beginning to speculate on the potential take over of A-B.  It is a real possibility but nothing has been finalized, at least publicly yet.  I get asked the question, how will this affect the real estate market in Williamsburg, almost on a daily basis.  From a real estate professional's perspective,  "We don't know."  Anyone who tells you any more than that as of the time of my post better have the last name Busch or Brito.  Unfortunately, we just don't know.

We all need more details before any speculation can be legitimized. 

There are a few things that we do know.  Kingsmill will still be here and flourish as a high-end neighborhood for a long time to come.  Plenty of other options for housing are readily available in the community and, at this point, it is far from the greatest factor playing into our market, commercially and residentially.  With the new stimulus package just released, it will not only help those who claimed to have been tricked into taking a mortgage that was unaffordable, but also the first time home buyers.  See more on my Stimulus Package post.  

Locally, let's just hope the best for our neighbors who have loyally churned out our favorite beverages for so many years here in Williamsburg.  We have all grown to like Busch Gardens, Water Country and the Anheuser-Busch Brewery as neighbors and hope to keep them in the future.


Posted by Mike Grogan on July 28th, 2008 11:10 AMPost a Comment (0)

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