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
There’s been so much news lately relating to the economy and real estate. If you’re planning to buy or sell a home soon, you may be wondering what it means for you. The housing market, which received a boost from record low interest rates during the Covid-19 pandemic, has begun to shift. The Arrival of … Continue reading The Changing Real Estate Market: A Return to “Normal”?
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
As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — … Continue reading What You Can Expect In the Spring Market
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!
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
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 Open for Business, as real estate is considered an "Essential Business" in DC, MD and VA. As the world grapples with the coronavirus, (COVID-19), I am playing a constructive role in responding to and helping mitigate the spread of the virus. Although Long & Foster | Christie's International Real Estate offices remain closed … Continue reading Open For Business – Full Service, Virtually
I want to provide an update on the real estate market as it relates to COVID-19 (Coronavirus) and how I am in a unique position to help you. Unequaled Strength of Long & Foster Although DC, MD, and VA have stay in place orders, our numbers have been steady. Month-to-date, Long & Foster’s real estate … Continue reading Unparalleled Strength and Care in Service to Clients
No matter where you look, inventory shortages are driving the real estate market. With fewer properties for sale, home prices have grown higher while sales periods have tightened. These conditions present tremendous opportunities for sellers, but it can be worrying for those individuals who also need to buy a new property after selling. Thankfully, those … Continue reading Tremendous Opportunities for Sellers Who Prepare
The leaves are starting to fall from the trees, it’s getting darker earlier and many people—myself included—have broken out their winter coats. While it may not officially be here, winter is certainly coming. To help you prepare for cooler weather, I’ve put together this list of five helpful home maintenance tips. Completing these simple tasks … Continue reading Prepare for Cooler Weather — Fall is here!
Tips for Maintaining Your Home in Spring If you’re like me, you’re always happy to see warm weather arrive so you can enjoy not only the inside of your home, but the outside too. You’ll get even more enjoyment if your house is in good repair, and you have taken measures to address the effects … Continue reading Tips for Maintaining Your Home in Spring
As usual, with the spring market comes a fluster of buyers in the market, but much to their surprise this year — very little inventory. This lack of inventory is restricting the amount of homes being sold and driving up prices. For the entire Bright MLS market, first quarter sales were 2.2% lower than last … Continue reading The Lack of Inventory Makes for a Seller’s Market
Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see how … Continue reading Don’t Wait to Sell Your House! Buyers Are Out Now