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Real estate

Millennials, boomers, prices and inventory: Real estate trends to watch in 2017

Thought Leadership on Real Estate presented by Long & Foster | Christie’s International Real Estate Price appreciation and low inventory dominated real estate news in 2016. Looking ahead, housing market experts foresee a moderating yet healthy real estate market in 2017. The two largest population groups — millennials and baby boomers — are anticipated to have the biggest impact on real estate, along with rising
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real estate investment vacation

An inside look at real estate: Investment and vacation home purchases

Thought Leadership on Real Estate presented by Long & Foster Companies, Inc.  Low mortgage rates have made real estate an attractive place to invest money the past couple years. More than two million Americans took advantage of that dynamic to purchase a vacation home or investment property last year. Vacation home sales were at the second highest sales pace in nearly a decade, while investment
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luxury home

Must-have features for your luxury dream home

Thought Leadership on Real Estate presented by Long & Foster Companies, Inc.  A private elevator to your dream home Whether your vision of luxury living includes first-class travel, designer clothes or gourmet meals, it’s also likely to include a home. The definition of luxury when it comes to property varies more widely than in many other categories since $1 million can buy you acres of
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ABOUT JEFF DETWILER: Jeff Detwiler is president and chief operating officer of The Long & Foster Companies. He is responsible for guiding the strategic direction of the organization and overseeing its daily operations. Long & Foster Companies consists of six major business lines: general brokerage, property management, relocation, mortgage, settlement services and insurance, as well as several smaller ventures in related business areas. The Long & Foster Companies operates in seven states across the Mid-Atlantic and Northeast regions and the District of Columbia. It has more than 220 locations, 1,800 employees and 11,000 real estate agents.

Detwiler sits on the board of directors for Moxi Works, a technology company that specializes in leading-edge real estate tools for agents and brokerages and in which Long & Foster is an investor. In his role on the board, Detwiler contributes to Moxi Works’ long-term growth and strategic development, supporting the company in its quest to help real estate agents better serve clients and advance their business. In addition, Detwiler is on the board of directors for the Greater Washington Board of Trade, the Economic Council of Greater Baltimore and George Mason University.

Detwiler has almost 30 years of experience in the financial services industry with much of that time devoted to various segments of banking including mortgage, investment and commercial banking. His background also includes insurance and portfolio management. Detwiler graduated from Princeton University in 1983.

www.longandfoster.com

P. Wesley “Wes” Foster Jr. headshot

The Long & Foster Companies

Wesley “Wes” Foster Jr., Chairman and CEO, is the honoree of the 2016 Washington Family Business Award. Built upon the ideals of integrity, honesty, innovation and strong customer service, the Long & Foster Companies, which include Long & Foster Real Estate, Prosperity Home Mortgage, LLC, Long & Foster Settlement Services, Long & Foster Property Management and Long & Foster Insurance, have now grown to more
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