REAL ESTATE MARKET UPDATES

Top DC Luxury Sales in 2015

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 […]

What is the Value of your Home?

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? […]

Real Estate Best Investment Possible

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 […]

Robust Economic Growth in 2015 Bodes Well for Real Estate

 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 […]

Best Time to Buy your Dream Home…

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 […]

5 Real Estate Predictions for 2015

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 […]

Harvard’s 5 Financial Reasons to Buy a Home

“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 …

Best Time to Buy … AND Sell?

Money Magazine: Buy Now not Later Is now the best time to buy … AND sell?  You might find this confusing but it is actually quite logical.  The cost of borrowing is going to go up as interest rates rise  I don’t know of a single financial or real estate expert who doesn’t agree on […]

New Regulations Affecting Future Home Mortgages

The mortgage industry faced tremendous change this year with new regulations coming into effect under the Dodd-Frank Wall Street Reform & Consumer Protection Act. Everything from loan terms and closing fees to mortgage underwriting and servicing procedures was affected, and there was significant concern in the real estate and financial services industries as to how these […]

Regional Home Sales Update – Q4 2013

Homes sales are up in three of the four US regions. The question industry experts are asking is how much the lack of inventory is affecting the sales potential. Here in the Washington DC area, which is technically the South but on the line with the Northeast … any agent will tell you that they […]