In celebration of National Homeownership Month, recognized by the National Association of Realtors each June, we thought we’d 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 a healthy market. News outlets often talk of the peak rate, which hit almost 70 percent in 2004. However, that high preceded (and frankly contributed to) the market downturn in that a large number of home buyers were getting loans they didn’t have the ability to pay back. That led to affordability challenges and increasing numbers of loan defaults. Today’s rates are closer to the averages in the 1990s, when we had a more stable and positive housing market. More and more millennials are buying homes. The much talked-about generation has been steadily moving from renting to homeownership, as they get married and start families. Mortgage rates have also remained at historic lows, driving […]
“Happiness is a warm puppy.” —Charles M. Schulz (cartoonist, Peanuts) Spring is truly here, and it’s the perfect time to welcome a new furry family member into your heart and your home! Please join Lisa Levine and The Hersh Group, your Bethesda neighborhood experts, at our fifth annual adoption event in Bethesda with PetConnect Rescue. We’re thrilled to be sponsoring this event again and helping to provide these wonderful dogs with a new family and loving home. As one of Long & Foster’s top teams in the DC Metro area, our goal is to help people find the right house for their needs. What better way to complete a home than adopt a pet? We are pleased to partner again with PetConnect Rescue and the Westwood Pet Center to host this dog adoption event so that more of our neighbors can find the newest additions to their families and give these pets the loving homes they deserve. Please join us: Saturday, May 18th, 2019 11am – 1pm Westwood Pet Center 5428 Westbard Ave Bethesda, MD For more information, call Lisa at (301) 332-5721 or email us at firstname.lastname@example.org. Check back here or ‘like’ our Facebook event to receive updates, and […]
This September, Lisa Levine and the Hersh Group are proud to again sponsor the Bannockburn Music Festival 2018! The annual event showcases local musical talent in the Bannockburn neighborhood of Bethesda, MD, while raising funds for the maintenance of the historic Bannockburn community clubhouse. Lisa and her family are longtime neighbors and enthusiastic supporters of this great event, and we’re delighted to join them. It’s a great way to celebrate the Bannockburn community, local musicians and vendors, and a fun fall weekend, with a terrific lineup of local bands and artists each day. When Saturday, September 22nd, 2pm to 10pm Where Bannockburn Community Clubhouse 6314 Bannockburn Drive Bethesda, MD Festival Schedule* 2:00 – 3:00 pm Combo Skillet (jazz) 3:15 – 4:15 pm Bob Marley Workshop (reggae) 4:30 – 5:30 pm The Truck Farmers (country) 5:45 – 6:45 pm MyKey and Colin Kelly (original pop) 7:00 – 8:20 pm The Montgomery Warlocks (Grateful Dead) 8:40 – 10:00 pm The Allman Others (Allman Bros.) *at least one Bannockburnian in every group! Vendors Ted’s Woodworking Shop, Kathy Bryant’s Mustards & Condiments, Snow Cabin Pottery, Runaway Silver (Jewelry), Kathryn Bird Glassware, and Blugnu Products. Silent Auction Live Jazz Party, […]
With the stock market experiencing increased volatility and more experts warning of an impending “Bear Market,” many people are considering real estate as a stable and reliable investment to balance their portfolios. A recent Bankrate survey concluded that 28% of respondents prefer real estate compared to 17% stocks when given the choice of long term investing. As real estate professionals, we’ve seen firsthand the value of investing in real property, from a simple diversification of assets to significant returns on investments. Why Invest? Real estate provides the investor four main benefits. In addition to steady cash flow from rental income, the investor will benefit from appreciation, depreciation, and principal reduction. Unlike a stock, real estate offers a tangible asset for individuals—an actual home in which you could live, if necessary. Here is a little more about the significant financial benefits attainable through investing in real estate: Cash Flow: An investment property—whether it is a condo, townhouse, suburban single-family house or an oceanfront vacation home —could bring positive cash flow from rental income. Tax Advantages: Deductions and depreciation are just two of the tax benefits that may be available to you as an investment property owner. Your tax adviser can help […]
Save the Date! 4th Annual Dog Adoption Event on May 19th “Happiness is a warm puppy.” —Charles M. Schulz (cartoonist, Peanuts) Spring is the perfect time to welcome a new furry family member into your heart and your home! Please join Lisa Levine and The Hersh Group, your Bethesda neighborhood experts, at their fourth annual adoption event in Bethesda with PetConnect Rescue. We are thrilled to be hosting this event again and helping to provide these wonderful dogs with a new family and loving home. As one of Long & Foster’s top teams in the DC Metro area, our goal is to help people find the right house for their needs. What better way to complete a home than adopt a pet? As the saying goes, a house is not a home without that furry friend. We are pleased to partner again with PetConnect Rescue and the Westwood Pet Center to host this dog adoption event so that more of our neighbors can find the newest additions to their families and give these pets the loving homes they deserve. Please join us: Saturday, May 19th, 2018 11am – 1pm Westwood Pet Center 5428 Westbard Ave, Bethesda, MD For more information, call […]
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