REAL ESTATE MARKET UPDATES

The DC real estate market trends in home sale prices has many people talking about home values in terms of where they are now, where they were and, of course, where they are headed.  It’s interesting to look back and see how home prices compare to values prior to the housing crisis. Annually, Freddie Mac releases their House […]

According to Warren Buffet:  “There is no housing bubble”   May 5,  2016.  With nationwide home prices expected to appreciate by more than 5% this year, questions are arising about  the possibility of a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine… “I don’t see a nationwide […]

Long and Foster represents clients on 2015’s most expensive single-family residence sales in Nation’s capital, as well as Virginia, Maryland suburbs of D.C. Long & Foster Real Estate, the nation’s No. 1 family-owned residential real estate company, ended 2015 on a high note, finalizing the sale of Fessenden House in late December. The 20,000-square-foot estate in Washington, D.C., sold […]

Curious what your home or condo is currently worth?  Our free Market Snapshot will help you answer some basic questions like … How many unsold homes are in my neighborhood? How long is it taking now for homes to sell in this neighborhood? How do the final selling prices compare to the original listing prices? […]

Billionaire Says Real Estate is “Best Investment Possible” March 19, 2015 There are few investment experts that have more credibility in the real estate world than billionaire money manager John Paulson who was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated:  “I still think, from […]

 If you are in the market to buy a luxury home in DC in the near-term … it’s important that you follow the economic trends.   2015 will show an economic improvement, according to the Economic Advisory Committee of the American Bankers Association, who predicts that the U.S. economy will grow nearly 3 percent on […]

Don’t miss what could be a great time to buy that dream home you have been considering.   With a strengthening economy, rising home prices and historically low interest rates, it could be the best time to buy a luxury home in Washington D.C. for the foreseeable future. Now that the housing market has stabilized, more […]

Expect the home-purchase market to strengthen along with the economy in 2015, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for November.”The good news for 2015 is that the U.S. economy appears well-poised to sustain about a 3 percent growth rate in 2015 — only the second year in the past decade with […]

“Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of five so that every percentage point …