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Virginia: Where Millennials Are Moving

Joseph Coupal - Tuesday, August 14, 2018

Abberly Waterstone Apartments, Stafford, VAAccording to Pew Research Center estimates there are around 71 million millennials in America and they are expected to surpass the number of baby boomers in 2019. That makes millennials a coveted generation for cities looking to bolster their workforce and tax base. But millennials are notorious for their quixotic preferences and figuring out where they will head to next can be difficult. It’s a worthwhile undertaking though: where millennials decide to move has enormous impact on local markets, from the cost of a mortgage to whether or not you will be able to find a good avocado toast in your neighborhood.

SmartAsset used Census Bureau data to find out where are millennials moving. To track millennials’ mobility, we looked at immigration and emigration data from the U.S. Census Bureau for 217 cities. Check out our data and methodology below to see where we got our data and how we put it together to create our final rankings.

Key Findings

  • Old Dominion is popular – Virginia takes three spots in our top 10. In particular the southeastern portion of the state makes appearances in the top 10.
  • Big Apple no more – New York took the bottom spot on this list again. In particular residents seem to be leaving the city to venture into other states. In total around 69,200 residents moved to New York from out of state while nearly 95,000 left the Big Apple for another state.

The States Where Millennials Are Moving

4. Virginia

The South makes up the rest of the states in our top 10. The no. 2 ranking state is Texas, with a net influx of nearly 34,000 millennials, followed by Virginia which gained 18,300 more millennials than it lost.

For more information apartments in Stafford, VA contact Abberly Waterstone.

#HowYouLive

smartasset.com


Reasons Why You Should Move to Virginia Right Now!

Joseph Coupal - Wednesday, August 08, 2018
Abberly Waterstone Apartments, Stafford, VA

This is for those who don't live here. The ones who are looking for a new location, but aren’t sure. Or maybe you’re in Virginia, but your best friend lives somewhere else. Better yet, your parents have retired and you could use some family close by. Whoever you are, if any of these apply to you – or someone you know – then its time to call the moving trucks.

1. You love all 4 seasons.

Winters are cold, sure. But the snow is pretty and it’s rarely too much – this isn’t Boston after all. Summers are hot – that’s why we have so many amazing lakes, beaches and rivers. But you can have hot or cold anywhere. In Virginia, it’s spring and fall that make all it all worthwhile.

2. You want to be at the heart of it all.

Virginia is within a day’s drive of 50% of the U.S. population. So “but I’ll never see my old friends” is simply not an excuse!

3. You love the mountains.

You can reach some of the most beautiful mountains in the world within just a few hours from anywhere in Virginia.

4. But you also love the beach.

Same goes for the beach. We have some of the most amazing beaches anywhere and they’re all within a half-day’s drive, no matter where you live in the state.

5. You appreciate a good economy.

The Washington Post calls Virginia “the best state in America” when it comes to managing budgets shortfalls. We’ve managed to keep the economy on an even keel even when the rest of the world seems to be in a spin.

6. You want the best schools for your undergrads.

Virginia has 3 of the top 40 public colleges and universities in the nation: University of Virginia (#2), the College of William and Mary (#6) and Virginia Tech (#27). But that’s saying nothing of all of other amazing schools, public and private – you can’t go wrong with a Virginia education.

7. And your under-undergrads.

For your pre-college crew, rest assured that good schools abound. Wallethub, an online financial site, ranks Virginia k-12 schools #7 in the nation.

8. You’re looking for a great place to retire.

Maybe it’s time to be closer to the grandkids. Virginia is the perfect place to land when you’re ready to put your feet up. Forbes named Blacksburg one of its top places to retire in the nation thanks to a cost of living 7% below the national average, low crime and good housing. Williamsburg tops the U.S. News and World Reports list for historic places to retire.

9. You’re an entrepreneur.

Forbes has ranked Virginia as #1 for best places for business. For you big business moguls out there, 23 Fortune 500 companies are headquartered here.

10. You consider shopping a valid form of exercise.

Whether you’re looking for high-fashion shopping or just a day out antiquing, Virginia has some of the best finds on the East Coast.

11. Or you take your exercise very seriously.

For those of you with a competitive streak, Virginia hosts races of every kind – from marathons and triathlons to dress-crazy-and-jump-in the mud obstacle races. There’s something for everyone and no shortage of people to get out there and train with you.

12. Wine and cheese are two of your favorite food groups.

Virginia wine country is beyond compare. Our award-winning wines, 230+ vineyards and incredible countryside can’t be beat. Have some cheese with that wine – we have hundreds of locally made-in-Virginia cheeses available at farmers’ markets, specialty shop and nation-wide chain grocers. The only hard part will be choosing your favorite.

13. You like food in general. There’s down-home country cookin’ or fine dining within reach in just about every part of the state.

We have some of the best BBQ, biscuits and gravy, fried chicken and country ham you’ll ever have the pleasure of eating. Or try one of Virginia’s many fine dining restaurants. Our gourmet cuisine has hit the nation’s best restaurants lists more than once.

14. You don’t just like festivals. You love them.

Whether you’re looking for big city food and culture or small town celebrations, there’s a festival in just about every part of the state on any given weekend.

15. Cities or small towns – your choice.

If you want the fast track, big city life, you can have it. Northern Virginia is one of the nation’s top job growth areas and offers limitless options. But if you want a quieter speed, then take your pick of beautiful small towns where life is slower, but every bit as rich.

16. We have world-class healthcare.

Our hospitals are nationally ranked for care, including specialties like cardiology (Sentara Norfolk General) and neonatology (Inova Fairfax).

17. You like things that go fast. Both horses and cars.

Virginia horse country is not to be messed with. If you love horses, we have steeplechase, polo and countless horse shows and competitions. If NASCAR is your thing, we have the Martinsville Speedway, Richmond International Raceway and Bristol Motor Speedway. For Formula 1 and stock car racing, VIRginia International Raceway in Alton and the Virginia Motor Speedway in Jamaica, Virginia, fit the bill.

18. You support the troops.

Men and women in uniform are part of the fabric of Virginia. We were founded on a proud tradition of protecting our beliefs and today, Virginia has more than 20 military bases representing all 4 branches of the armed services, plus a strong National Guard presence.

19. Music makes you happy.

Bristol, Virginia is called the birthplace of country music for a reason. This is where some of the first commercial recordings were made with artists like Jimmie Rodgers and the Carter Family. We’ve taken it from there and now Virginia has a diverse and eclectic music scene with festivals for almost any genre, plus large commercial venues, small clubs and everything in between.

20. You can just be you.

Virginia is for lovers – and that means no matter who you are, what you love or how you choose to live your life, Virginia has a niche where you can belong. If you already live here, this blog hasn't told you anything you don’t know. So be sure to send this on to all of those friends and family members who you know would love living here as much as you do.

For more information on apartments in Stafford, VA contact Abberly Waterstone.

#HowYouLive

onlyinyourstate.com


Renting Can Create More Wealth than Buying

Joseph Coupal - Tuesday, July 31, 2018

Abberly Waterstone Apartments, Stafford, VAWith housing markets around the U.S. nearing the peak in their cycles, renters who reinvest their money have an increasingly better chance at creating wealth than individuals who purchase a home.

"On the heels of information concerning slowing housing starts, rising mortgage rates, decreased supply and unsustainable price increases, these numbers provide additional evidence that housing markets around the country are slowing, resulting in many to opt for renting," said Ken Johnson, Ph.D., a real estate economist and one of the index's creators in FAU's College of Business.

Many metro areas are nearing the top of their current housing cycle, meaning they are above their long-term pricing trend.

The biggest contributor to the rising cost of ownership is rising house prices.

What is driving the markets in the direction of renting and reinvesting appear to be the results of higher mortgage rates, increase in returns on average in the stock market, and the cost of ownership, which includes your mortgage payment, taxes, insurance, maintenance, etc.

All of these costs are rising faster than the cost of renting a comparable property. Therefore, renters who take the money they're saving each month and reinvest it are going to build wealth faster than those who buy a home, on average.

For more information on apartments in Stafford, VA, contact Abberly Waterstone.

#HowYouLive

prnewswire.com


Buying or Renting: 3 Myths To Consider

Joseph Coupal - Tuesday, July 24, 2018

Abberly Waterstone Apartments, Stafford, VAIs it time to move? Should I continue renting? Should I be house or condo hunting? If you’re starting to ask yourself these questions, you’re also likely turning to friends and family for advice, too. Before you’re swayed one way or the other, consider these three myths often thrown into the buying or renting debate.

Myth #1: You should buy in a buyer’s market.

Buyers beware. Never purchase a home based solely on the market. Just because the market looks good, does not mean it’s good for you. Your first step should be identifying where you stand financially. Determine how much you can safely afford to spend each month on housing or you may be at risk of living beyond your means.

Myth #2: If you own a home, you’ll benefit from the tax breaks.

This is not always the case. While the interest and tax property portions of your mortgage payment may be tax deductible, home improvements, home insurance and losses on the sale of a home are not and never have been tax deductible.

With the recent tax law changes, when it comes to purchasing a home, interest on only the first $750,000 of your mortgage will be deductible. And keep in mind that many states do allow renters to deduct a portion of their rent from their state taxes.

Myth #3: You’re throwing money down the drain by renting.

While this can certainly be a tempting way to think, it is not necessarily true. By choosing to rent, you are satisfying your need for shelter. You have a roof over your head, but unlike purchasing a house or condo, you’re not responsible for the day-to-day upkeep.

When renting, you also benefit from flexibility. You can change apartments much more quickly than you can sell your home, and the money you may have been putting towards mortgage payments is free to be funneled into other investment opportunities.

To help guide your decision, here are some things to consider (both good and bad) about buying or renting:

Rent:

  • Not paying for your own mortgage
  • Not responsible for major upkeep
  • Subject to landlord rules (i.e. pets, smoking, painting, parking)
  • Flexibility in terms of moving
  • Up-front Costs: Security deposit, First and Last

Buy:

  • Building equity
  • Responsible for all upkeep
  • Your rules go
  • Pets welcome
  • May lose value
  • Up-front Costs: Large down payment, cash to cover closing costs, moving expenses, emergency fund
  • Best to stay put for at least seven years

Choosing whether to purchase a home or continue renting ultimately comes down to your financial standing and personal preference. What may be right for your neighbor may not be right for you. That said, be sure to make an educated decision and don’t be fooled by some of the myths around this ongoing topic!

For more information on apartments in Stafford, VA contact Abberly Waterstone.

#HowYouLive

plymouthrock.com


Virginia: A Best State in 2018

Joseph Coupal - Tuesday, July 17, 2018

Abberly Waterstone Apartments, Stafford, VA Do you live in one of the best states in America?

You might think people across the nation like to think they live in the best place in the country. After all, you wouldn’t spend your lives somewhere that you truly didn’t love. Right? Not always. In fact, according to a recent study it was determined that almost half of Americans would rather live somewhere other than they do now.

Well, if you’re in one of the states that was highlighted as a "Best State", odds are you don’t want to go anywhere.

The purpose of this study is to use science to determine which of our great American states are the absolute best. While unbiased, this research does take into account factors that almost all Americans would agree are desirable. Therefore, while you may have strong opinions either way, you can’t argue against the methodology.

Virginia is #5 on this List of the 10 Best States to Live in America for 2018.

With large cities, small towns, history galore, nightlife, a hint of southern charm, so many things to do, beaches, and mountains...how can you go wrong?

For more information on apartments in Stafford, VA, contact Abberly Waterstone.

#HowYouLive

homesnacks.net


The Upsides to Downsizing

Joseph Coupal - Tuesday, July 10, 2018

Abberly Waterstone Apartments, Stafford, VADownsizing sometimes gets a bad rap. Upon hearing the phrase, many people automatically assume that downsizing is something negative, but in reality, there are plenty of positive aspects to scaling down from your current home. From having less to clean to being free from other obligations of having a larger home, there’s a lot to look forward to when downsizing.

On the other hand, leaving a beloved home can be tough. But with the right mindset and a plan in place, transitioning to a smaller living space becomes less painful.

What follows are some of the best aspects of downsizing and bright spots to look forward to when transitioning to a smaller home.

There’s Less to Maintain

Owning and maintaining a home is a lot of work. There’s endless cleaning that needs to be done, repairs that need to be made and upkeep that needs to be completed. With a smaller living space, that list of chores and to-dos around the house dwindles, leaving you with more time to focus on the things you enjoy.

It Can Help You Shop Smarter

Artful advertising designed to influence consumers and encourage impulse buys are just about everywhere these days. Anyone can fall prey to something that looks like a good deal or sounds like something they “need” and be influenced by clever and strategic marketing. But when living in a smaller place, you’ll need to become more critical about what you purchase in order to avoid clutter.

Redecorating Opportunities Abound

Redecorating can be a lot of fun -- even more so when there’s a brand new space to work with. Downsizing gives you the opportunity to redesign your space, come up with new concepts and get creative with your storage spots. That can mean experimenting with different setups, getting creative and investing in furniture that doubles as extra storage to save on space.

Help is On Hand

One of the clearest benefits to moving into an apartment community is having assistance at the ready. Leaking faucet, leaking roof? No problem, call your leasing office and they'll take care of it.

Socialization and A Sense of Community

When transitioning from an empty home to an apartment community, there are lots of new opportunities to form a community and socialize with neighbors. For more information on apartments in Stafford, VA contact Abberly Waterstone.

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seniorhomes.com


Totally Unique Corn on the Cob Recipe for Your July 4th BBQ

Joseph Coupal - Tuesday, July 03, 2018

Abberly Waterstone Apartments, Stafford, VAAre you going to or hosting a 4th of July BBQ at your apartments in Stafford, VA? If so, add an exciting dish to your Independence Day Menu. Corn. but not just any corn, Cheddar Bacon Ranch Corn. See the recipe from Delish below.

Cheddar Bacon Ranch Corn on the Cob

Ingredients:

  • 1/2 c. (1 stick) Butter, softened
  • 1 packet ranch seasoning
  • Freshly ground black pepper
  • 10 ears corn
  • 2 c. shredded Cheddar
  • 6 slices cooked bacon, finely crumbled
  • freshly chopped chives
  • Ranch, for drizzling

Directions:

Heat grill to medium high. In a small bowl, stir together butter and ranch seasoning and season with pepper. Rub ranch butter on corn. Grill until lightly charred, 10 minutes. Top with cheddar and cover grill to melt, 2 minutes.

Top with cooked bacon and chives and drizzle with ranch.

Enjoy!

#HowYouLive

Recipe/Image - Delish


July Fourth Festival, Stafford, VA

Joseph Coupal - Tuesday, June 26, 2018

If you live in an apartment in Stafford, VA head to the Heritage Festival on the Fourth of July beginning at 7:30am. Make a day of it! The program of events follows:

Abberly Waterstone Apartments, Stafford, VA7:45am: Heritage Festival Five-Mile Run
Sponsored by FREDERICKSBURG HOST LIONS CLUB

6:30am: Registration at the Visitor Center
Prizes awarded for best costume!

9:30am: Heritage Day Parade
Sponsored by BLUE STAR MOTHERS VA
Downtown– Lafayette VRE lot to Caroline Street to George Street to Princess Anne Street to Lafayette Blvd.
Prizes for best costume & most creative bicycle

10:00am– 4:00 pm: Festival of the Streets
Craft Show with many great artists along Sophia Street!
Sponsored by BETH SHOLOM TEMPLE

Classic Car Display
Sponsored by STAFFORD CAR CLUB

Children’s Activities: face painting, moon bounce, photo booth, gyroscope ride and Misfit Acres Petting Zoo
Sponsored by COMMUNITY OUTREACH INC.

Live Music: PATSY AND THE COUNTRY CLASSIC BAND
MIKE GILL

12:00pm: Presentation of the Colors- AMERICAN LEGION
Welcome– Mary Katherine Greenlaw, Mayor

10:00 am- 5:00 pm: Fourth of July at Ferry Farm
Sponsored by THE GEORGE WASHINGTON FOUNDATION
$1.00 admission

Catch the bus or trolley from downtown or from the Eagles Lodge on Cool Springs Road. Ferry Farm parking is handicapped only. Tours of the Washington house, archaeology, music, games, crafts, family activities, re-enactors, and history theater.

12:00pm: Performance by ENDURING FREEDOM HONOR TEAM

1:00pm: Flag Retirement Ceremony

In the Evening:

4:30pm: John Lee Pratt
Memorial Park Opens for the July 4th Spectacular
Sponsored by STAFFORD COUNTY

4:30 pm - 8:30 pm:
Children’s activities, backyard games and face painting, Food Vendor trucks on site

5:30pm–7pm:
GROOVE MOTIVE

7:30pm-9pm:
US NAVY BAND: COUNTRY CURRENT

9:30 pm: FIREWORKS
Sponsored by CITY OF FREDERICKSBURG & STAFFORD COUNTY

visitfred.com

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Upscale Apartment Home Living in Stafford, VA

Joseph Coupal - Tuesday, June 19, 2018

Abberly Waterstone Apartments, Stafford, VAAbberly Waterstone presents a fresh perspective in upscale apartment home living in Stafford County, Virginia. Located in a rapidly growing area of Stafford, Abberly Waterstone features unmatched comfort, luxury lifestyle offerings, chic design and brilliant access to shopping, dining, recreation, major thoroughfares and all the necessary conveniences. This one-of-a-kind community will captivate those who seek an apartment home with incomparable style, upscale amenities and distinctive features in a desirable location. Residents will enjoy excellent proximity to retail, work, schools, a close by Virginia Railway Express station as well as effortless commutes to Washington D.C. and Richmond.

Our apartments in Stafford, VA offer spacious, beautifully appointed 1, 2 and 3 bedroom floor plans with 9-foot ceilings, gourmet kitchens with granite countertops, mocha wood cabinets and black appliances, expansive windows for an abundance of natural light, and spa like bathrooms with oversized garden tubs or walk in showers. This luxurious community will offer several unique building types with unique features such as private entry homes, 3 story elevator access buildings and stunning garden style apartment homes . The unmatched amenities include gorgeous clubhouse with business lounge, game area with pool and foosball tables and other indulgences including an invigorating large pool with social shelf, one of kind Adrenaline Fitness Center with yoga studio and outdoor grilling and gathering area with outside fireplace.

For more information contact Abberly Waterstone.

#HowYouLive


It is Cheaper to Rent than to Own and Home in Virginia

Joseph Coupal - Tuesday, June 12, 2018

Abberly Waterstone Apartments, Stafford, VAOwning a home is often considered the American dream — and it's an expensive one. Homeowners in all 50 states and Washington, D.C., pay from 33% to 93% more for housing each month than do renters living in the same state.

But many homeowners reap benefits that you can't get from renting, such as financial security and stability, tax deductions, and a vehicle for retirement savings. 

While renting can't offer those long-term financial benefits, the study found that it's cheaper to rent on a month-to-month basis. If you're wondering how to save money for a down payment, renting can help you build that nest egg. However, in extremely expensive or competitive markets renting might be better for the long haul.

To determine the monthly homeownership premium — the additional cost of owning instead of renting, expressed as a percentage — NerdWallet compared 2015 American Community Survey data from the U.S. Census Bureau for the median gross rent and median homeownership cost in each state and Washington, D.C. Median gross rent includes the costs of monthly rent and utilities for all kinds of rental properties, and median homeownership cost includes monthly mortgage payments, real estate taxes, insurance and utilities.

This comparison doesn't include the down payment required to buy a home, which is traditionally 20% of the home price for conventional mortgages.

Key takeaways

Owning is more expensive everywhere. Across all 50 states and Washington, D.C., it costs more each month to own a home than to rent. The median cost people pay nationwide to own a home is 54% more than the median cost of monthly rent.

In some states, the cost of owning far eclipses renting.

In Virginia it costs 48% more to own vs. rent each month!

For more information on apartments in Stafford, VA, contact Abberly Waterstone.

#HowYouLive

Nerdwallet.com



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140 Abberly Drive, Stafford, VA 22554
844-379-7307
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