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”?
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
Context is Important. There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – … Continue reading The Facts Many Headlines Overlook
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?
Because Hill Slowinski successfully negotiated and won their dream home! For first-time, move-up and downsizing buyers, 2020 has been a challenging year. While most housing markets have had low numbers of homes for sale for several years, in 2020, many would-be sellers pulled back from listing their homes over concern about the impact of Covid-19 … Continue reading Tips for Buyers in a Tight Housing Market
As always, your safety and that of your family is of the utmost importance and is our priority. We're committed to helping you with all the safety and health measures we can apply to your home visits, inspections, showings, purchases and sales. July was our busiest month so far and surpassed May 2019 buyer and … Continue reading Mid-Summer Update
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
There’s quite a bit going on in the world right now—impeachment hearings, Brexit, tensions with Iran, trade issues with China and, more recently, the coronavirus. If you’re thinking of buying or selling a home this year, you may be wondering what effect, if any, these domestic and global events can have on real estate. Here … Continue reading What Effect Do World Events Have on the U.S. Housing Market?
Economic Uncertainty, Consumer Confidence, Inventory, New Construction, Appreciation, and Sales are all Factors.
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
While Millennials are entering the home-buying game later than earlier generations, their desire to achieve the American Dream remains and is stronger than previous generations.
More than halfway through 2019, for those of you who are thinking of buying or selling a home this year, you might be wondering how the real estate market has shaped up so far this year.
I am sure you’ve seen or heard the headlines: "Interest rates are rising." Homeownership is no longer affordable." "The real estate market is headed for a bubble." While what is being said in the news media attracts attention, it’s critical to take a broader look at the housing market and historical trends to understand … Continue reading Take A Broader Look at the Housing Market
February 2019 Update: Low levels pushing prices for D.C. Metro areas to record February highs. Sales continue to slow. The February 2019 Washington D.C. Metro area median home price of $427,000 was up 4.1% or $17,000 from last year and marked the 29th consecutive month of year-over-year price increases. Sales volume across the DC Metro … Continue reading Metro DC Inventory Remains Historically Low
It’s hard to believe that 2018 is soon coming to a close. With the New Year fast approaching, you may be thinking about what you should do if you might buy or sell a home in 2019. While many people wait until spring to begin their home-buying or selling process, I’m here to tell you … Continue reading What To Do If You Might Buy or Sell a Home in 2019