DC Real Estate News- Less Home Owners Under Water in 2015!

good news

DC Real Estate News- Less Home Owners Under Water in 2015!
good news

Good news for DC area home owners- 12% of homeowners are upside down compared to 14.1 % last year according to core logic! This shows how well the DC market is doing and it is a good sign for the future of home values!

 

One thing that is great about the DC Metro area is that it consistently holds its real estate value better than most cities in the rest of the nation. Many cities in the US have underwater rates upwards of 15% to 30%. So the 12% in our real estate market here in Northern Virginia/DC Area shows the strength of our market!

 

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

Gorgeous Single Family with Beach Front in Spotsylvania!

11414 SEYMOUR LN, SPOTSYLVANIA, VA 22551

Gorgeous Single Family with Beach Front in Spotsylvania!

11414 SEYMOUR LN, SPOTSYLVANIA, VA 22551

11414 SEYMOUR LN, SPOTSYLVANIA, VA 22551

 

seymour outdoor space

seymour dock

Custom home on beautiful point lot w/300 ft. of bulkhead shoreline in gated Golf course community. Private beach, 2-deck boat dock w/electric lift. All brick, 3 car side load garage, 3 fin levels, 5 BR,s 4.5 BAs, 3 FPs, soaring ceilings, wall of windows in rear for amazing views. Double staircases to each level. Kit w/huge center island. Walk out LL w/rec rm, BR, game rm, BA. Amenities galore!

List Price:  $1,182,000

 

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

Three Under Contract This Week Within 8 Days of Listing!

14480 COOL OAK LN ##14480, CENTREVILLE, VA 20121

Three Under Contract This Week Within 8 Days of Listing!

The market is still hot! We are thrilled for our clients that they got contracts so quickly! We are also thrilled with this consistent strong market. Keep the contracts coming!

14480 COOL OAK LN ##14480, CENTREVILLE, VA 20121

 

14480 COOL OAK LN ##14480, CENTREVILLE, VA 20121

Under Contract in 8 Days!!

 

10310 BUTTERNUT CIR, MANASSAS, VA 20110

10310 BUTTERNUT CIR, MANASSAS, VA 20110

Under Contract in 5 Days!

 

13516 LAVENDER MIST LN, CENTREVILLE, VA 20120

13516 LAVENDER MIST LN, CENTREVILLE, VA 20120

Under Contract in 7 Days!

 

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

Alexandria Condo in The Plaza JUST LISTED!

805 HOWARD ST #331, ALEXANDRIA, VA 22304

 

 

 

805 HOWARD ST #331, ALEXANDRIA, VA 22304

AX8663189 – List Price:  $259,900

Updated & bright two bedroom, two full bathroom condo w/underground garage parking & lush common area views from private balcony! Freshly painted w/two tone paint, new carpeting, light filled living toom & dining room, Kitchen w/new stainless steel appliances including smooth top range & hood. In unit washer & dryer, extra storage & parking space, amenities including pool, gym, tennis. Minutes to Old Town, INOVA Alexandria Hospital, BRAC, shopping.  Bus stop in front of Plaza

 

 

Virtual Tour: http://tours.dscreativegrouptours.com/public/vtour/display/358160?idx=1

Alexandria Condo in The Plaza

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

Custom Reston Estate – Open House June 14th from 1-4PM!

10920 SUNSET HILLS RD, RESTON, VA 20190

FX8623875

List Price:  $1,199,000

Open this Sunday, June 14th from 1-4PM

Like its never been lived in! Custom home on two rolling acres. All furniture conveys! Two story family room, massive kitchen perfect for entertaining w/ two dishwashers, large prep area & second sink, huge island, granite counters, stainless steel appliances, etc. Huge master bedroom suite w/sitting room, luxury master bath with oversized, custom walk in closets, soaking tub/dual shower. Walk to Wiehle Metro!

Virtual Tour: http://tours.dscreativegrouptours.com/public/vtour/display/335087?idx=1

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

Spectacular Single Family Just Listed in Herndon!!

11617 CEDAR CHASE RD, HERNDON, VA 20170

Spectacular Single Family Just Listed in Herndon!!

 

11617 CEDAR CHASE RD, HERNDON, VA 20170

11617 CEDAR CHASE RD, HERNDON, VA 20170

Magnificent 5 BR, 4.5 BA home w/3 car side load garage on lovely cul-de-sac lot. Largest in the neighborhood w/3′ extension in front, stunning 2 story foyer, fam rm & overlook, 3 fireplaces, library, extensive moldings, windows, gourmet kit w/coffered ceiling, brkfst rm. Lux MBA w/his & hers vanities, 3 full BAs up. Walk out LL has rec rm w/wet bar, game rm, den, 5th BR, full BA. Multi level deck!

List Price:  $1,250,000

 

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

Price Reduction on Colonial Home in Alexandria!

5815 JANE WAY, ALEXANDRIA, VA 22310

NEW PRICE: $709,900 

 

 

Main level In law suite with full kitchen, living room, bedroom and full bathroom!  Hardwood floors and new carpet throughout. Family room with wood fireplace, remodeled eat in kitchen w/new cabinets, granite countertops and newer appliances. Sliding glass door to rear deck w/stairs to backyard. Large master suite with remodeled master bathroom and remodeled second full bath plus 4 additional bedrooms on the upper level. Fully finished walkout basement has wet bar, rec room, office/den and full bath. Newer windows, gutters, new HVAC and more! A commuter’s dream!

 

Virtual Tour: http://tours.dscreativegrouptours.com/343753

 

5815 Jane Way 

Alexandria, VA 22310

List Price:  $709,900

6 Bedrooms

4 Bathrooms

 

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

 

 

 

First Open House – May 31, 2-4PM! 731 HARBOR SIDE ST, WOODBRIDGE

731 HARBOR SIDE ST, WOODBRIDGE, VA 22191

731 HARBOR SIDE ST, WOODBRIDGE, VA 22191

Enjoy the water view from this fantastic 3 level, 3 BR, 2 car garage home in sought after Belmont Bay! Hardwds, Formal LR, DR, kitchen w/granite, maple cabinets & SS appliances opens to fam rm w/FP & deck. MBR w/water view has lux MBA w/sep shower & soaking tub. Berber carpeting. Spacious rec rm on LL. Alarm, Fios, newer A/C coil. Mins. to VRE, 95, lovely Golf & marina community!

 

OPEN HOUSE, SUNDAY, MAY 31 2-4PM 

 

List Price:  $425,000

Bedrooms: 3

Full Baths: 2

Half Baths: 2

 

Virtual Tour: http://tours.btwimages.com/public/vtour/display/330029?idx=1

 

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 Much Should You Offer on a House?

comparable homes

How Much Should You Offer on a House?

offer on house

 

What is the perfect offer? You want a deal but you also want the house. If you offer too low, the seller may be offended. If you offer too high, you could have missed out on a discount or lower price with negotiations.

 

Here are some tips to think about before you submit your offer:

 

1. Look at Comparablescomparable homes

What is the average price per square foot in the neighborhood? What have recent similar nearby homes sold for? Are there repairs needed or recent updates that could affect the purchase price? Your realtor should have researched these aspects and if they haven’t, urge them to or find another realtor. Knowing what similar homes are selling for will give you an idea of the fair market value.

 

2. What can you afford?

Do not offer more than you can afford and you may want to offer a bit less than you can afford in case they counter back with a higher offer. If you are looking at a home above your price range and hoping they will accept your lower offer so you can afford it, be prepared to walk away.

 

3. How long has it been on the market?

If this home has been sitting on the market more than 2 months without any offers, than maybe it is priced wrong or there is something that is turning buyers away. You may be able to get the price down if it has been sitting for a while.

 

submit offer4. Make your offer an odd number

This may sound strange but round numbers sound like every other offer out there. Going with an offer of $281,900 or $283,000 instead of $180,000 may actually stand out and make the seller think you have really thought through your numbers.

 

5. Make an escalation offer

This is a clause you can put in your offer stating you will pay X amount more than another offer up to certain amount. For example, you offer $155,000 but your escalation clause says you will pay $1,000 more than another offer up to $165,000. This helps your offer stand out in a situation of multiple offers but also keeps you from having to pay more than what is needed for a home. If this escalation clause is put into action, the sellers usually must show you the other offer as proof.

 

We hope these tips help you figure out how to make a better offer on your dream home!

 

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

 

 

Price Reduction on Gorgeous Estate in Clifton VA!

11634 CHAPEL RD, CLIFTON, VA 20124

11634 CHAPEL RD, CLIFTON, VA 20124

11634 CHAPEL RD, CLIFTON, VA 20124

Light filled & spacious 6 BR, 5.5 BA home w/3 car garage nestled on lovely treed lot! Two story foyer, overlook, 2 MBRs, 1st on main w/lux MBA. 4 BRs, 3 full BAs + bonus rm up. Hdwds, 9′ ceils, study, sunrm, dual stairs, butlers pantry. Gourmet kit w/lge brkfst bar opens to 2 story fam rm w/FP. Walk out LL has rec rm w/FP, wet bar, 6th BR, full BA + media rm. **$10K towards Granite or subsidy.**

Prior List Price:  $1,289,900

New List Price:  $1,269,900

 

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