All Posts by LHowe
Top Elementary Schools in Maryland
Small Museums in Montgomery County MD
Holiday Market Choices Around the DC Area
Sitzer/Burnett Verdict -What’s Next
Are People Still Buying?
Are people still buying homes, even with these mortgage rates? If you’re thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true – but people are still moving.
Ghostbusters Case
The Ghostbuster case in New York State, Stambovsky v. Ackley, highlights the buyer’s responsibility to do his or her own due diligence but draws the line at ghost detection. In these days where it seems that everything is known because of Google and the wider internet search capabilities, the Ghostbuster case might decide that due diligence should not be so narrowly defined.
Fall Bucket List
Multigenerational Living is Increasing
Multigenerational living is on the increase over the last few decades. in 1980, only 12% of American adults lived in a multigenerational home. By the start of the 2020s, that percentage has more than doubled, to 26%. Why the rise? There are practical reasons for multigenerational housing. Most people choose to live together for financial reasons and caregiving at first. For those working adults feeling the pressures of balancing career with caregiving, the high cost of housing and difficulty of arranging for convenient and high-quality care — for children or aging parents — are contributing factors. Eventually, they find that there are mental and emotional benefits to multigenerational living as well.
2400 Foxhall Road – Nearly $32M
2400 Foxhall Road is on the market for nearly $32 million. The property, inspired by the Château du Grand-Lucé in central France, was built by developer Michael Banks with architect David Jones, In addition, landscape architect Richard Arentz and interior designer Thomas Pheasant added their skills over the course of three years to create this home on 1.47 acres. According to the listing agent, Daniel Heider of TTR Sotheby’s International Realty, if the property goes for asking price, it’ll be the most expensive residential sale in DC history.