Happy New Year! The start of the year is always an exciting time. It’s a chance to plan for the future and look back on the past year. In this article, we’ll take a look at how the real estate market ended and where it’s headed. With all the housing news in 2019 – from low interest rates to talk of a potential recession – what does it mean if you’re planning to buy or sell a home this year?
The third quarter of 2019 brought steady results across both the luxury and traditional real estate markets. As a whole, home sales increased 1.9 percent last quarter, while luxury sales—those homes priced above $1 million—enjoyed double-digit growth of 14 percent.
There’s no question convenience is a prime value for many people today. But when it comes to selling your home—one of the most monumental financial transactions of most people’s lives—convenience may come at too high a price.
From launching a new bespoke home fragrance to the finest homes across the Mid-Atlantic and Northeast, the new issue of Long & Foster | Christie’s Luxury Homes magazine has the latest luxury lifestyle trends and much more.
In Luxury Portfolio International’s most recent research report, The Allure of the Second Home: Why Affluent Buyers are Displaying Confidence in Resort Markets, the luxury real estate network explores the current state of the second home market, as it relates to affluent consumers.
Today’s market conditions present tremendous opportunities for sellers, but it can be worrying for those individuals who also need to buy a new property after selling. Here are a few ways home sellers can become successful buyers, too.
Whether you’re selling or buying a home, being informed will help you meet your real estate goals. If you’re working alongside a Realtor, they can provide you with an in-depth market analysis based on trends in your current or desired neighborhood, city and region.
Check out our latest infographic for a mid-year housing market update.
Last week, we shared with you insights from Gary Scott and Larry “Boomer” Foster, presidents of Long & Foster Real Estate, on inventory challenges, millennials in the housing market and our country’s homeownership rates. This week, Foster and Scott talk about luxury and affordability, and how local market conditions affect everything.
It’s National Homeownership Month, and we’re taking a look at the country’s current homeownership rates and the latest market trends that are driving those conditions. For insights, we spoke with Larry “Boomer” Foster and Gary Scott, presidents of Long & Foster Real Estate.