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Jennifer Young's Northern Virginia Real Estate Blog

Gorgeous Chantilly Home Under Contract in 8 Days!

by Jennifer Young on October 21, 2014

Gorgeous Chantilly Home Under Contract in 8 Days!

25744 CELBRIDGE WAY, CHANTILLY, VA 20152

This home was easy to get great pictures of. It is stunning inside and out! Our sellers are thrilled to have a contract in less than 8 days on the market! We do talk with our clients about how sometimes it can take longer to get a contract in the fall and winter months but when your home is priced right and staged to sell, it really benefits everyone involved! Congratulations to our sellers and our team for all their hard work!

Beautiful South Village home loaded w/custom upgrades! Hdwds on 2 lvls, crown molding entire house, custom built-ins closets, pantry, plantation shutters, Gourmet kit w/SS appl & new granite, BR lvl laundry rm. LL w/rec rm has custom maple wainscoting, entertainment unit, granite bar. Lge deck, screened gazebo, prof. landscape, outdoor lighting, irrigation. Upgraded lighting, garage storage system

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Fairfax Single Family Home Sold in 5 Days!

by Jennifer Young on October 20, 2014

Fairfax Single Family Home Sold in 5 Days!

3702 UNIVERSITY DR, FAIRFAX, VA 22030

We were able to get this home listed with such beautiful pictures that sparked great interest. We had some very promising showings and were able to get the home under contract in less than 1 week! We are so excited for our sellers and want to thank our team for their hard work!

Beautiful completely renovated home on lovely lot in fantastic Fairfax City location! Bright open floor plan w/hdwds & crown molding thruout. LR w/picture window & wdburning FP, Updated kit w/SS appliances, brkfst bar opens to DR & leads to large sunrm. Expanded MBR w/sitting area & BA w/custom tile. Finished walk-up LL w/huge rec rm & bar. Fenced rear w/patio, shed. Mins to GMU, walk to Old Town!

3 .75% interest rate on 30 year fixed mortgage today!

This graph shows that the current rates quoted in the last couple of days re hitting the lowest point since June of 2013. We are hitting the lowest interest rates in a 16 month period!!

This is AWESOME news for buyers looking to close and owners looking to refinance. It is also great news for sellers because buyers should be more motivated to close.

There is talk about rates eventually being on the rise but many hope the Federal Reserve is very careful when and how they do this. The Federal Reserve puts out a financial summary 8 times a year. One was just released today which proves the economy is not quite ready for interest rates to start being raised. The summary is commonly referred to as the “Beige Book”.

The Federal Reserve website defines the beige book as:

“Summary of Commentary on Current Economic Conditions by Federal Reserve District

Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources. The Beige Book summarizes this information by District and sector. An overall summary of the twelve district reports is prepared by a designated Federal Reserve Bank on a rotating basis.”

Mortgage bond prices are selling off this afternoon following the Fed Beige Book.

The Fed release noted:

-Reports from the twelve Federal Reserve Districts generally described modest to moderate economic growth at a pace similar to that noted in the previous Beige Book.
-price pressures remained subdued
-Reports on residential construction and real estate activity were mixed
-In most Districts, banking conditions continued to improve relative to the previous Beige Book, with net increases in loan volumes reported in a number of Districts.

Although these findings show some improvement in the economy, many hope the lower interest rates stick around for awhile to help the economy get a solid growth before increases are seen.

If you live in the Northern Virginia area and have questions before you buy, sell or refinance, please give out team a call! We would love to help you sort through the information and be able to make a decision about what is best for your financial situation!

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Great Foreclosure Deal Coming Up in Reston- Fixer Upper!

October 20, 2014

Pyrenees 2485 PYRENEES COURT, RESTON, VA 20191 This is a great foreclosure deal coming soon in Reston. It is a fixer upper but has GREAT potential and is in a great area. Give us a call for more information and watch for the listing coming soon! HERE is the link for the pictures!

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Oxon Hill Property Just Sold! On the Market for Less than 1 Week!!

October 20, 2014

Oxon Hill Property Just Sold! On the market for less than 1 week!! 7323 CIRCLE DR E, OXON HILL, MD 20745 List Price:  $269,000 Close Price:  $274,000 Beautifully remodeled w/everything new on quiet cul de sac! New kitchen w/beautiful cabinetry, granite, SS apps, breakfast bar, 18X 18″ tile, leads to formal dining room & screened porch. LR w/FP. [...]

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Fall Curb Appeal Tricks that Take Five Minutes!

October 16, 2014

If you have your home for sale in the fall, there are numerous ways to help it stand out. You may know the usual of keeping the leaves raked and the lawn cut and clean. But here are some fall curb appeal tricks that do not take much money and take less than 5 minutes! 1. [...]

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Lowest Interest Rates in 16 Months!

October 15, 2014

3 .75% interest rate on 30 year fixed mortgage today! This graph shows that the current rates quoted in the last couple of days re hitting the lowest point since June of 2013. We are hitting the lowest interest rates in a 16 month period!! This is AWESOME news for buyers looking to close and owners [...]

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OPEN HOUSE!! Sunday, Oct 19th 1-4PM – 3Br/2Full2Half Bath TH in Aldie

October 15, 2014

Showing like a model this three level townhouse with a two car garage is loaded with upgrades & backs to a pond! 9 inch ceilings, moldings throughout, main level has hardwood flooring, open floor plan w/formal living room, dining room. Gourmet kitchen w/granite counters & stainless steel appliances opens to family room & leads to [...]

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JUST REDUCED! 2BR/2BA Condo in Montebello – Walk to Huntington Metro!

October 13, 2014

Enjoy the view from the sunroom in this 2 master bedroom suite condo in terrific gated Montebello! Sunfilled dining room & living room open to sunroom w/scenic view. New hardwood floors. Kitchen w/granite counters, tile flooring & new stainless steel appliances. Two master bedrooms each w/private bathroom. Walk in closet, W/D in unit. Freshly painted [...]

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Great Foreclosure Fixer Upper!

October 12, 2014

Lovely single family home with garage, great open floor plan & lots of natural light! Hardwood flooring on entire main level, 2 story living room w/skylights & wood burning fireplace. Eat in kitchen has bay window and opens to separate dining room leading to large deck & fenced rear yard. Master bedroom suites with private [...]

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OPEN HOUSE THIS SUNDAY! 4BR/4.5BA SFH on FIVE ACRES!

October 11, 2014

11605 Choir Lane, Fairfax Station 22039 OPEN SUNDAY, OCT 12TH 1-4PM Price: $764,900 Bedrooms: 4 Bathrooms: 3.5 Square Ft: 2,501 Acres: FIVE!!!! . Virtual Tour: http://slideshow.mris.com/slideshow/slideshow.htm?ListingKey=98820123983 Lovely Remodeled 4 Bedroom/3.5 Bathroom Home on 5 Wooded Acres in The Singing Woods. Large Gourmet Kitchen w/New Stainless Steel Appliances, Granite Counters & Hardwoods. Large Main Level Bedrooms. [...]

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  • Jennifer Young It All Adds Up to Your Success

    Keller Williams Chantilly Ventures Direct: (703) 674-1777
    14155 Newbrook Drive, Suite 100 Fax: (703) 656-4898
    Chantilly, VA 20151 Send Email to Jennifer
    Jennifer Young Keller Williams Chantilly Ventures, 14155 Newbrook Drive, Suite 100 , Chantilly, VA 20151 Jennifer Young