It’s hard to believe that we’re more than three quarters into 2022 and will soon ring in a new year. After a few years of a hot real estate market, you may wonder what’s happening now - especially if you’re planning to buy or sell a home in the next few months. In 2020 and … Continue reading Third Quarter 2022 Real Estate Market Update
This last hike by the Fed, along with their language about future increases and numbers in the UK have led to quite the spike in rates. We were talking about rates in the 5’s and just into the 6’s, but very quickly we’ve escalated into needing to talk about the 7’s. We’ve been here before, … Continue reading Guidance for Buyers: Marry the House and Date Your Rate
Long & Foster CEO Jeff Detwiler breaks down the company's performance in 2021 and offers some perspective on our competitors' performance. Jeff's comments capture what makes our company unique in today's economic environment. https://www.youtube.com/embed/_6qel1puT5g We are extremely well positioned to support and exceed our client's expectations, and I am honored to be in the top … Continue reading Video: Long & Foster CEO Jeff Detwiler on Industry Headlines
About 15 years ago, we experienced a housing crisis. Unfortunately, at that time, many Americans lost their homes and real estate investments. Although our current market is shifting, homeowners need not worry that history will repeat itself. The factors affecting today’s housing market are vastly different than they were in the mid to late 2000s. … Continue reading The Difference Between Today’s Shifting Market and the 2008 Housing Crisis
The housing market is influenced by the state of the economy. With so many economic developments recently, you may be wondering about the impact on the housing market. To keep you informed, we looked at a few factors that are currently affecting the real estate market. Rising Mortgage Rates The recent increase in mortgage interest … Continue reading May Residential Real Estate Market Update
"Luxury" has changed in recent years. No longer is it simply about status symbols or the exclusionary club, but about significance, passion and shared beliefs. Affluent consumers value authenticity and connections more than ever. Recognizing this change, we’ve shifted our approach to luxury real estate. Long & Foster Real Estate, the nation’s No. 1 real … Continue reading Long & Foster Joins Forbes Global Properties Exclusive Luxury Network
Sales between $5 million and $10 million I am grateful and honored to be recognized for excellence in 2021 which would not have been possible without the continued support and referrals of my wonderful clients, colleagues, friends, and family. I and my family thank you for your confidence and trust!
Tax season is upon us and, this year, the filing deadline is April 18. The deadline was pushed back from April 15 because of Emancipation Day, which is a holiday in Washington, D.C. As you prepare your 2021 taxes, here are a few housing-related items to keep in mind. Home interest deductions · Mortgages that … Continue reading Tax Time: Housing-related Items to Keep in Mind
While real estate is hyper-local and each area experiences its own ebbs and flows, a number of trends still affect the market as a whole. Throughout 2021, inventory challenges and low mortgage rates remained a common theme. With the arrival of winter and recent news of upward pressure on interest rates expected throughout 2022, if … Continue reading Now is a Particularly Great Time to Sell a Home
The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your … Continue reading Does Your House Have What Buyers Want?
As summer comes to a close, with school starting, and fall just around the corner, September brings a time of transition. If you’re thinking about selling your home, you may be hearing reports of inventory trickling back on the market in some locations and bidding wars appearing to be slightly less common. Here’s some insight on … Continue reading Selling In An Adjusting Market
My clients had been looking for several months for the right home, and we had seen a few that were close … but not close enough. So, they were well aware that they had to be prepared to act fast when the right house became available. Then it happened! They had ratified a contract on … Continue reading Chevy Chase Village Victorian Under Contract in 8 Hours!
I am pleased and excited to offer a new and unique service to listing clients that no other broker can provide. It is part of my total client focus, a differentiation of providing a luxury level of service, where taking care of clients is the Long & Foster | Christie’s way.Long & Foster created the … Continue reading Maximize Your Selling Potential With Our New Turnkey Listing Concierge
My clients are delighted with their new home! This sunny Cape Cod home is perfectly situated on an expansive 9,600 Sq. Ft. quiet corner lot in the Town of Chevy Chase. The inviting Nantucket-style cottage, larger than it seems, has been tastefully renovated while carefully preserving the character and charm of the original 1928 home. … Continue reading Adorable Chevy Chase Cape Sold in 2 days!
"Friendship House" (formerly "The Manor House" c. 1890) CLICK HERE FOR PROPERTY PHOTOS AND VIDEO TOUR Friendship House, formerly known as The Manor House, was originally built in 1890. Situated atop the highest point in Charles County, this home had a commanding view of the 2,000 gently rolling acres that were once part of the … Continue reading Historic Offering in Friendship Estates – SOLD in 29 days!