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
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The Difference Between Today’s Shifting Market and the 2008 Housing Crisis
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 Changing Real Estate Market: A Return to “Normal”?
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”?
May Residential Real Estate Market Update
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
Long & Foster Joins Forbes Global Properties Exclusive Luxury Network
"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
What You Can Expect In the Spring Market
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
Tax Time: Housing-related Items to Keep in Mind
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
Now is a Particularly Great Time to Sell a Home
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
Chevy Chase Village Victorian Under Contract in 8 Hours!
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!
Maximize Your Selling Potential With Our New Turnkey Listing Concierge
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
Tremendous Opportunities for Sellers Who Prepare
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
Prepare for Cooler Weather — Fall is here!
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!
My Letter to You on the Washington Market
As a real estate professional, I’m often asked if now is a good time to buy or sell a home. The answer is yes! It’s a great time to move, and I’d like to tell you some of the reasons this is such a unique market. Property values have been increasing in most places across … Continue reading My Letter to You on the Washington Market
Tips for Maintaining Your Home in Spring
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
The Lack of Inventory Makes for a Seller’s Market
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
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