Very bright blue light lit up the night and a huge orange fiery glowing object that hovered over the house.

We were all sitting outside saying goodbye after my twin daughters birthday party.  Then we all noticed that the area was lit up a bright blue.  
So, we walked across the street to the football field to see if the big football lights were on, but they were not.  
We then turned around to go back across the street and saw a huge orange glowing object hovering over our tree and neighbors house.  
We were all amazed; then it shot off in the one o clock direction and instantly gone as soon as we noticed it.