Close

CRS Long & Foster Real Estate

October Item of Value – Winter Home Maintenance Tips

Dear Homeowner, October Item of Value – Winter Home Maintenance Tips Fall is officially here. Before colder weather arrives, there are a few things you should do to prepare your home for the upcoming season. Taking these steps now can help ensure you’ll go through fall (and winter) without any problems. Shut off outside water faucets. Close valves inside the house, then turn on the outside spigot to drain any remaining water from the line. Keep in mind some newer homes have a pin at the shut-off valve that must be opened to let air in the line, which helps […]

Read More

Hi Everyone, 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 worries can be overcome through preparation, planning and a professional like me. Here are just a few ways that home sellers can become successful buyers, too. Begin your new home search before listing your current house. With homes selling quickly—sometimes in less than […]

Read More

Hi Everyone, How different are the generations when it comes to homeownership? While Millennials are entering the home-buying game later than earlier generations, their desire to achieve the American Dream remains and, in fact, is stronger than previous generations. That’s just one difference between Millennials, Gen Xers, Boomers and Silents, and here are a few more facts about their real estate preferences, according to the National Association of Realtors’ 2019 Home Buyer and Seller Generation Trends study. Which generation is buying the most homes these days? That would be the Millennials, who have been the most active generation for six […]

Read More

Hi Everyone, It’s hard to believe we’re 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. While all real estate is local, a few trends have emerged nationwide. Inventory shortages, Baby boomers are choosing to age-in-place and aren’t downsizing at the anticipated rate, so their homes are not opening up for new buyers. Concurrently, homeowners who refinanced or purchased their home with mortgage rates in the low 3% range are sitting tight because […]

Read More

By: P. Dennis Connelly of The Connelly Group of Long & Foster Real Estate In celebration of National Homeownership Month, recognized by the National Association of Realtors each June, I wanted to share with you a few facts about owning a home in America today and the current real estate market conditions. Homeownership rates are holding steady. In the first quarter of 2019, the homeownership rate leveled off at 64.2 percent, down slightly from the quarter prior. While rates have been rising since late 2015, they’ve hovered around the 64 percent range for the past year. Today’s homeownership rate represents […]

Read More

More Americans are Using Real Estate Agents Than Ever Before

By: P. Dennis Connelly, CRS Long & Foster Real Estate More Americans are using real estate agents to buy and sell their home than ever before, even among the younger generations. A new Harris Insights housing consumer study, which was underwritten by the California Association of Realtors, The CE Shop and REAL Trends, shows a full 90% of consumers use real estate agents to buy and sell their homes. This is a survey high and is up 5 percentage points from the last study in 2014 and up 9 percentage points from the first study conducted in 2001. The study asked the opinions of 1,000 people […]

Read More

The Do’s & Don’ts of Downsizing Your Home

The kids are grown and out of the house and maybe even having kids of their own now. The home you’ve had for a couple decades has served you well, but suddenly it’s a bit big for what you need. When you’re still working and healthy, it might be the right time to consider downsizing to a smaller home and a simpler life. By 2030, the population over 65 will increase by 80 percent as baby boomers age, the oldest of which turn 70 this year, according to the National Association for Senior Move Managers. Many boomers are proactively decluttering […]

Read More