Early Summer Newsletter and Market Updates 2016!

summer market update

Early Summer Newsletter and Market Updates 2016!

summer market update

 

I hope everyone had a great Fourth of July and is having a wonderful summer.  Our local real estate market is definitely having a great summer, as it is much stronger this year as compared to this time last year.

 

Low interest rates

My instinct is that this is largely due to the still very depressed interest rates, which only dropped further with the recent news out of the EU.  Those low rates are causing many first-time buyers to decide to enter the market, and are causing many established owners to do ‘move-ups,’ both wanting to lock in at such historic low rates.  My prediction is that we will continue to see a hot summer market, which will give us some momentum as we enter the typically slower fall and winter months.

 

What Types of Homes are Selling
We are seeing much more activity on houses that are remodeled with premium upgrades than on houses lacking those updates, even when priced accordingly.  The reason for this is simple: homes, unlike other forms of investment, are typically where families live, and therefore there is often a lot of emotion driving the decision of what house to buy.

 

Many buyers will only pull the trigger on a home that they can happily see themselves living in (i.e. their “dream home”), and many people lack the ability to picture what a house would look like after being updated.  So, only those houses that already have that ‘model home’ feel are commanding top dollar.

 

Improvements that make and Impact

under contract quickly

Under Contract in 7 Days!

Although every house is different as to what would be necessary to give it that ‘model home’ feel, typically we recommend the following upgrades before listing: neutral paint colors (Benjamin Moore’s Revere Pewter is popular); nice flooring (hardwoods are still preferred) and updated kitchen with granite or silestone countertops and stainless steel appliances.

 

Those updates (together with any unique update recommendations we make upon seeing the property) will make a huge impact with our online marketing strategies and on potential buyers’ first impressions, helping to command top dollar for our listings.

As always, if you or someone you know is thinking about buying or selling, doing a move-up or downsizing, or has any general real estate question, please don’t hesitate to give us a call or hop on our website!  Enjoy the rest of the summer!

Jennifer Young
Realtor – VA, MD, DC
703-400-6757
www.Jenniferyounghomes.com
#1 Keller Williams Agent in VA

Jennifer Young Homes’ Burke Lake Family Fun Day Sunday July 31st

burke train

Jennifer Young Homes’ Burke Lake Family Fun Day Sunday July 31st

Client Appreciation Party Coming Up!!

bruke lake sunset

Sunday July 31st

Burke Lake Park—Shelter A

Fairfax Station, VA 22039

12-4pm

7315 Ox Rd

bruke lake horses

 

 

 

Come one, come all! We are hosting out first annual client appreciation summer picnic and we are so excited! We hope you will come!

burke trainbruke lake playground

 

 

 

 

It’s a Family Affair! Bring Your Family Including Children

& Leashed Pets to Our First Annual Summer Client

Appreciation Party Featuring BBQ, Drinks, Face Painting,

Balloon Animals, Entertainment for the Kids, Prizes,

Train and Carousel Tickets!

Yeti Cooler Giveaway!

 

RSVP by

Friday July 22nd

Elizabeth@JYHteam.com

 

 

Hope to see you there!!

 

More Increase in Contracts Signed Last Month than in the Past Year!

under contract

More Increase in Contracts Signed Last Month than in the Past Year!

under contract

 

This spring market has been going strong! We predicted that it would start earlier than many people suspect “spring” market typically starts. January started strong! And we have been happy to see that it has stayed steady and even gotten stronger with each month since January!

 

We had a 3.5% increase in contracts signed last month which is the biggest increase in the past year! We have seen many new listings under contract quickly!

 

Our team has been working hard while dealing with multiple showings, competing offers and signing contracts! Great job team! Thank you for all your hard work!

 

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!

 

Jennifer Young Homes

Keller Williams Realty

703-400-6757

Eight Under Contract Easter Week!

1539 Grosbeak Ct, Woodbridge, VA 22191

Eight Under Contract Easter Week!

 

1539 GROSBEAK CT, WOODBRIDGE, VA 22191

1539 Grosbeak Ct, Woodbridge, VA 22191

Largest model this light & airy TH w/2 car garage & 3 level bump-outs is a commuters dream! Hdwds on main, 9′ & tray ceilings. Upgraded kit w/granite, glass tile bksplash, updated appls opens to brkfst, fam & sunrms leading to Trex deck. Huge MBR w/sit rm, WI closet, lux MBA. Walk out LL has rec rm w/gas FP, 4th BR, 3rd full BA! UV coated windows, newer HVAC. Walk to VRE, 2 mins to Occoquan River!

 

Under Contract March 23rd! Only on the market for 13 Days!!

 

 

 

14364 PRESIDENTS LANDING WAY, GAINESVILLE, VA 20155

14364 PRESIDENTS LANDING WAY, GAINESVILLE, VA 20155

 

Elegent 5 BR, 4.5 BA home nestled on premium cul-de-sac lot backing to trees, golf & pond! Over 4800 living sq ft, custom millwork, hand-finished hdwds. Kit w/new granite & SS appls., opens to brkfst rm & 2 story fam rm w/2 walls of palladian windows. Huge MBR w/tray ceil, sit rm, lux MBA. 3 full BAS up. Walkout LL has rec rm, built-ins, wet bar, craft rm, BR w/full BA. Deck, screened porch, patio

 

Under Contract in 4 days!! On March 22nd

 

 

 

14424 PRESIDENTS LANDING WAY, GAINESVILLE, VA 20155

14424 PRESIDENTS LANDING WAY, GAINESVILLE, VA 20155

Amazing custom home on premium cul-de-sac & golf course lot w/lake views & privacy! 3 car garage. Designer decor, exquisite woodworking, built ins, hardwds, cherry paneling in library. Beautiful French country kitchen w/granite, 9′ transom slider to rear deck, gazebo, patio. 4 full BAs up. MBR suite w/sitting rm, his & hers BAs. Walk out LL w/rec rm, Den/ 5th BR! & full bath.

 

Under Contract March 22nd!

 

 

 

 

9000 LARKWOOD AVE, FORT WASHINGTON, MD 20744

 

9000 LARKWOOD AVE, FORT WASHINGTON, MD 20744

Completely renovated top to bottom! This 6 BR, 3 full BA home shines! Gleaming hardwoods, neutral designer paint, crown molding, recessed lighting. Living rm w/cozy FP. Beautiful kitchen w/new cabinetry, SS appliances including gas range, breakfast bar. Remodeled baths w/custom tile. LL rec room has wet bar, built in wine rack. New sunroom. W/D. Huge fenced in rear yard & shed. Must see how nice!

 

Under Contract March 21st! On the market for 2 months!

 

144 OAK VIEW DR SE, LEESBURG, VA 20175

144 OAK VIEW DR SE, LEESBURG, VA 20175

Immaculate updated 4 bedroom 2 full bath home in lovely neighborhood just minutes to Downtown Leesburg! Gleaming hardwood floors, freshly painted, new carpeting! Bright open floor plan, great eat in kitchen with loads of cabinet & work space, wall oven, cooktop & door leading to rear deck & nice level rear yard. Walk up LL has large rec rm w/new carpet. 4th BR & full bath. Great value under $300K!

 

Under Contract in 5 Days!! March 23rd

 

 

 

20043 MUIRFIELD VILLAGE CT, ASHBURN, VA 20147

 

20043 MUIRFIELD VILLAGE CT, ASHBURN, VA 20147

 

Stunning 4 BR, 4.5 upgraded BA home in popular Gated Golf Course Community! Dramatic 2 story foyer, open LR & DR + study, amazing renovated kit w/antique glaze soft close cabinets, ctr island, granite, SS appls, custom backsplash. 2 story fam rm w/FP, wall of windows. Lux MBR suite w/cathedral ceil, 3 full BAs up. Finished walk up LL w/rec rm, den, BA. Fantastic location, mins to Toll Rd, Airport!

 

Under Contract in 8 Days! March 24th

 

5211 KNOUGHTON WAY, CENTREVILLE, VA 20120

 

5211 KNOUGHTON WAY, CENTREVILLE, VA 20120 Great home in a desirable community! Just minutes to major shopping, recreation & future Metro. Foyer, kitchen and breakfast room all feature hardwood floors, all appliances in place, step down family room with fireplace. Full basement with rec room, bedroom and half bath. Upper level has master suite, 2 more bedrooms and a full bath. Needs some TLC but overall a great home!

 

Under contract March 25th!

 

 

 

 

 

42784 LONGWORTH TER, CHANTILLY, VA 20152

42784 LONGWORTH TER, CHANTILLY, VA 20152

Best on the market, this gorgeous lake front TH w/2 car garage is loaded w/upgrades! Brick front, new hardwood floors, freshly painted, upgraded lighting. Kitchen w/42″ maple cabinets, granite & brand new SS appliances leads to deck. New carpet in bedrms, 2 master suites w/vaulted ceilings, WI closets, private baths. Renovated MBA w/custom tile. 3rd BR & full bath on entry level! Amazing amenities

 

Under Contract in 3 Days!! March 27th!

 

 

 

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!

Jennifer Young Homes

Keller Williams Realty

703-400-6757

 

 

 

 

What are the Top 10 Home Improvements for the DC area in 2016?

Home Improvement House Meaning Renovate Or Restore

What are the Top 10 Home Improvements for the DC area in 2016? According to a Washington Post article this week, these are the top 10 most requested home maintenance and repair projects in the Washington area:

1. Repair faucets, fixtures and pipes (16%)
2. Maintain and mow a lawn (14%)
3. Install or repair faucets, fixtures and pipes (12%)
4. Repair or service appliances (11%)
5. Hire a maid service (9%)
6. Complete a one-time interior cleaning (9%)
7. Repair an asphalt roof (8%)
8. Repair an air conditioner unit (8%)
9. Clean gutters and downspouts (7%)
10. Repair drywall (6%)

What are YOU planning to spruce up your home this year? Please tell me in the comments below.

Please ‘Like’ or ‘Share’ this.

Four Homes Under Contract in 2 Days!

16810 BRANDY MOOR LOOP, WOODBRIDGE, VA 22191

Four Homes Under Contract in 2 Days!

 

16810 BRANDY MOOR LOOP, WOODBRIDGE, VA 22191

16810 BRANDY MOOR LOOP, WOODBRIDGE, VA 22191

Under Contract March 15

 

20762 QUIET BROOK PL, STERLING, VA 20165

20762 QUIET BROOK PL, STERLING, VA 20165

Under Contract on March 16th only 2 days after listed!

 

3382 BEECHCLIFF DR, ALEXANDRIA, VA 22306

3382 BEECHCLIFF DR, ALEXANDRIA, VA 22306

Under Contract March 16th 2 months after listed!

 

1671 PARKCREST CIR #400, RESTON, VA 20190

1671 PARKCREST CIR #400, RESTON, VA 20190

Under Contract March 15th!

 

This spring market is still going very strong even though it started early in January! We are listing 12 new homes this week and have already had many showings, offers and four contracts since yesterday on our other listings! Keep it coming!! Spring is in the air!

 

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!

Jennifer Young Homes

Keller Williams Realty

703-400-6757

 

 

The Best Family Friendly Neighborhoods in the DC Metro Area!

family friendly neighborhood in northern virginia

family friendly neighborhood in northern virginia

The Best Family Friendly Neighborhoods in the DC Metro Area!

 

 

There are so many wonderful benefits to raising a family in the Northern Virginia/DC area and there are some amazing neighborhoods that make raising a family even more enjoyable!

 

WTOP has featured a neat study and has some really cool interactive maps showing the best neighborhoods for families.

 

“WASHINGTON — Much like choosing a lifelong partner, choosing where to plant your family’s roots is a decision that should be approached carefully and tactically. Of course, aspects like weather and aesthetics of a place come to mind, but what factors are important in the long haul?

Getting to know a place requires substantial research. What are the schools like? Does the community share the same values as you do? Are there lots of children in the area? These factors and more can determine the kind of life you will build for years to come.

To help determine which places best suit family life, our data experts at FindTheHome crunched the numbers and came up with a Family Score (out of 100) for District neighborhoods plus each county in Virginia and Maryland. A high Family Score is based on a mixture of a number of factors:

A high average public school rating (based on standardized exams performance)

Few vice establishments in the area (strip clubs, liquor stores, etc.)

A high percentage of homeowners

A low percentage of unemployed residents

A high percentage of children and teenagers

A well-educated community, measured by the percent attainment of a college degree”

 

for the original article, click here!

 

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!

 

Jennifer Young Homes

Keller Williams Realty

703-400-6757

 

 

How to Make Your Home Stand Out Among the Competition!

model home

How to Make Your Home Stand Out Among the Competition!

home stand out

 

Get some Free and Honest Advice

 

Enlist the help of a friend who will be honest with you about your home, decor, furniture arrangements and paint colors, without sparing your feelings. It is easy to get too personally attached to the way your home has been decorated or lived in while you have been in it. But selling your home is a business transaction and should be bad paint choiceapproached as such! Detach yourself and ask an honest friend to tell you what sticks out or should be addressed before listing your home. Not only is this free, but they may offer to help!!

 

This hot pink and blue may have been fun for your little girls room but now it is a total distraction for a buyer. They will only remember your house as the one with the hot pink arch… not the one with the beautiful light filled rooms! 

 

Pack %50 of Your Stuff

To you, it may be a sweet rocking horse collection but to someone else it is clutter that detracts from the bones of your house!  Get rid of the collections, extra sweaters in the closet, all those bikes in the garage, and definitely your rooster decor in the kitchen! Decluttering your home is THE most cost effective and best return on your investment that you can do before listing your house!

 

declutter

Our clients did a great job decluttering this kitchen before listing. It is a small condo kitchen but because the counters are completely clear- it looks bigger and like there is plenty of workable space!

 

 

Getting rid of half your stuff may seem like a big job, and it is! But it has so many benefits! It helps your home look bigger! It makes your storage space look more adequate! It helps buyers see the home at its best and not be distracted by clutter! It makes it easier for you to clean up before a showing- less stuff= less to clean up! It helps neutralize a space! When there are are 3 candles on a shelf instead of 12 collectible bobble heads  It even helps you get a head start on your packing!  Your home should show as a model home!

 

Go on a Tour of a Model Home!

model home

 

This will help you get an idea of what you should get rid of or pack up! Look at  how clean and clear their kitchen counters are! Wow! All the beds are made?!? No toys in sight?  Neutral paint and decor in every room? “Hmm, maybe I should paint my lime green bathroom grey…” Yes, yes you should.

 

You want your house to show like it could be anyone’s home, not the family with 3 kids under 6 because toys and spare socks are EVERYWHERE! Take the “personality” out of your home and make it look like a neutral house! That may sound boring to you but a buyer wants to be able to picture their stuff in the house, not be distracted by your stuff!

 

It’s a great time to sell your house. The inventory is still low and buyers are out in full force in the Spring market. If you are looking to buy or sell in the Northern Virginia area, please give our team a call! We would love to help you find your dream home!

 

Jennifer Young Homes

Keller Williams Realty

703-400-6757

 

 

Four Homes Under Contract Quickly After Listing!

4076 JASPER LOOP, DUMFRIES, VA 22025

Four Homes Under Contract Quickly After Listing!

 

20762 QUIET BROOK PL, STERLING, VA 20165

20762 QUIET BROOK PL, STERLING, VA 20165

Under Contract in ONLY 2 DAYS!!

 

4076 JASPER LOOP, DUMFRIES, VA 22025

4076 JASPER LOOP, DUMFRIES, VA 22025

Under Contract in Only 8 Days!

 

2126 TYSONS EXECUTIVE CT, DUNN LORING, VA 22027

2126 TYSONS EXECUTIVE CT, DUNN LORING, VA 22027

Under Contract in 20 Days!

 

 

13966 WINDING RIDGE LN, CENTREVILLE, VA 20121

13966 WINDING RIDGE LN, CENTREVILLE, VA 20121

Under Contract in less than a month!

 

These homes were just put under contract in the past 7 days! This early spring market is coming on strong! 

 

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!

Jennifer Young Homes

Keller Williams Realty

703-400-6757

 

Two Homes Just Sold in Virginia!

19203 SKINNER SQ, LEESBURG, VA 20176

Two Homes Just Sold in Virginia!

 

19203 SKINNER SQ, LEESBURG, VA 20176

19203 SKINNER SQ, LEESBURG, VA 20176

Price to sell! This luxury TH is massive w/over 4500 sq ft of finished living space. 4 BRs & 4 full BAs plus two rooms in the LL that could be used for bedrms. Hardwds, custom moldings & designer paint, 9′ ceilings & 2 story foyer & study. Upgraded gourmet kit w/granite, SS appls. Cozy gas FP in fam rm. Stunning master bath. WI closets. LL rec rm w/wet bar. Great fenced yard w/patio, so much more!

 

7310 COLUMBIA DR, KING GEORGE, VA 22485

7310 COLUMBIA DR, KING GEORGE, VA 22485

Privacy galore in this charming 4 bedroom, 3.5 bath home surrounded by trees on a quiet cul-de-sac. Front porch, 2 car garage. Formal LR & DR. Bright open kitchen leads to rear yard and opens to the family room. Master bedroom with vaulted ceiling. Unfinished basement has full bath and walks out to rear yard. Just minutes to commuter lots, I95, schools, shopping and more!

 

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!

 

Jennifer Young Homes

Keller Williams Realty

703-400-6757