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Getting to and from Hampton Roads is going to be even easier in the coming months… and that’s a welcome development for area residents. Earlier this week, a press conference was held to announce that People Express Airlines (PEOPLExpress), a new airline, reviving the name and spirit of the iconic 1980’s low fare carrier and flying full size Boeing 737-400 jets with seating for 158 passengers, will be headquartered in Newport News with operations based at Newport News/Williamsburg International Airport.
This is exciting news for Hampton Roads for several reasons. One of the potential benefits of a new company being established and based in any city is that it brings new employment for the region. This has a positive impact for local job seekers and also promises to bring inbound relocation to the area. A ripple effect from inbound relocation is a corresponding demand for homes, goods and services in the region, and as demand for housing increases, often, so do property values. The prospect of increasing property values can capture the interest of real estate investors and over the longer term, if demand continues to grow, the impact can even result in new residential real estate construction and commercial development.
Another benefit of the People Express announcement is the role that airline service plays in the desirability of an area. Both companies and individuals often consider accessibility and travel/transportation costs when choosing where to make their homes or expand their businesses. An increase in population and business activity certainly has a positive economic impact and establishment of PEOPLExpress flight operations at Newport News/Williamsburg International Airport may cause companies who might not otherwise think about opening a facility in the area to reconsider.
Details of the People Express Airlines operation at Newport News/Williamsburg International Airport are still forthcoming, but Mike Morisi, People Express’ COO stated that PEOPLExpress will initially serve cities in the Florida, New England and Great Lakes regions of the country with fares as low as $69. Potential cities mentioned include Pittsburgh, Providence, West Palm Beach and Newark. Service to Boston and Orlando were also mentioned as possibilities for later expansion.
So whether you are looking forward to a vacation later this year or the prospect of a shot of adrenaline for the Hampton Roads real estate market and local economy, there’s a lot to be excited about when it comes to People Express… the hometown airline for southeastern Virginia!
For more information on PEOPLExpress Airlines, visit their website at www.flypex.com and be sure to check out and “Like” their Facebook page by clicking here.
For more information about buying a home or investment real estate and in Newport News, click here.
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Many of my clients call me looking for foreclosures in Gloucester county VA.
Most want to escape the noise of the city and have home where you can hear the wind blowing through the trees. Sounds great right…? Currently in Gloucester there are at least 30 Foreclosures on the market RIGHT now! That’s not even the best part over two third’s of the foreclosures in the Gloucester area are under $250,000 which is very affordable. Keep in mind because your living in the Gloucester and not a city you will be paying less on your yearly property tax. Lets not forget that generally speaking you will get more live able space if your buying foreclosure for your money verse buying in a city.
I also receive a number of phone calls asking for information on rental properties in Gloucester. I have noticed that there is lack of properties for rent or apartments for that matter. Among the foreclosures in Gloucester there are a few properties that could be great as investment properties. Because most foreclosures have been on the market for months and in some cases years sellers may often times be extremely motivated to sell! If you are investor you may be able to find a property that with the right vision and some reconstruction could be turned into a multifamily residence. Lets not stop there, lets say the foreclosure you buy has some land attached to it as well. You could always partition off a parcel and sell it to a developer.
There are some great foreclosures in Gloucester don’t miss out on a chance to live the country life. With so many different Foreclosures available and priced so reasonably it is definitely a buyers market the economy is coming back not to mention Virginia has an unemployment rate of 5%. Don’t hesitate if your thinking about moving to Gloucester contact Rocky Tkacz for more information on the best priced foreclosures in the area.
To search for your own Foreclosures In Gloucester vist http://www.pcstohamptonroads.com
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With the economy still in shambles most of us know someone looking for a job.
Do you know anyone who needs a job? Are they willing to move to Hampton Roads Newport News to Virginia Beach and work at a naval shipyard. Then this program may be for them. 
Huntington Ingalls naval shipyard is known as a large refuel-er and supplier of nuclear powered air craft carriers and servicer and builder of submarines. Currently employing 20,000 it is one of the areas largest employers.
Huntington Ingalls Industries Inc. announced they are expecting
to hire around 10,000 more people over the next five years but it
could hire up to 15,000, according to a Huntington Ingalls spokesperson.
In 2011, the company will hire about 2,000 people, including 1,500 trade or
craft workers and 500 salaried employees.
About 20 percent of the shipyard's workforce, or 4,000 employees are
eligible for retirement, according to Christie Miller with Huntington
Ingalls.
Hiring is underway now because of the number of people leaving for one
reason or another. Miller said some workers are retiring and others are
pursuing new careers.
Miller said the company has stringent requirements and they are having a
hard time finding qualified candidates. Many of those hired will need to get
a security clearance from the U.S. government, undergo a background check
and take a drug screening test.
In addition, the company is trying to figure out how to transfer the skill
sets of veterans who are moving toward retirement to new workers coming up
behind them.
Huntington Ingalls spends more than $50 million a year in training costs,
due to the exacting nature of the work.
The company also has an apprentice school, which recently celebrated its
92nd anniversary. Roughly 2,400 of its graduates are in the yard's
management ranks, Huntington Ingalls reported.
The shipyard also plans to engage with "the supply side" as part of an
effort to groom job candidates. For example, they will recruit exiting
military personnel and get more involved with those who are leaving the
military. The shipyard is also working to align itself more closely with
community colleges and trade schools.
Through a program called "Career Pathways," the company is reaching out to
elementary, middle, and secondary schools, to open up students to career
alternatives that don't require a college degree.
To learn more information about careers at Huntington Ingalls, visit
http://www.huntingtoningalls.com/careers/
Since Nuclear power will probably be around for awhile this may be a great career for those interested.
Base is located in South Newport News near Hampton and is a short commute from North Suffolk, North Portsmouth, and West Norfolk.
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Windy Knolls in Newport News, Virginia
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