November 2022 Interest Rate Update As you may have heard, the Fed met again last week and raised the federal funds rate by another 0.75 points. This latest hike marks the fourth consecutive 0.75-point increase and the sixth increase overall this year, bringing...
September 2022 DMV Real Estate Market Update Nationally, the real estate market is still considered a “seller's market” as the average “days on market'' are less than two months, but we know we are shifting toward a more balanced market due to higher inventory,...
June 2022 DMV Real Estate Market Update Here's your June 2022 DMV real estate market update. The market has changed a lot in the last 30 days, yet so much has remains the same. Homes in the affordable price range (under 500K) and well-priced, updated,...
April 2022 Real Estate Update Happy Spring! Here's your April 2022 DMV real estate update! Though our market has been in full force since the start of 2022, the traditional spring market is here! With warmer weather among us, more homes are hitting the...
March 2022 DMV Market Update Here's your March 2022 DMV Market Update courtesy of the team at Jennifer Young Homes! This March, we’re still expecting a strong seller’s market due to extreme shortages of homes for sale; nationwide, there’s a deficit of about 2M...
Mortgage Interest Rates on the Rise Critical market update! Over the past week, mortgage interest rates rose drastically. Most of us in the industry anticipated this was coming in February or March, but rates are already skyrocketing just a couple weeks...
Jennifer Young Homes’ 8th Annual Coat Drive The season of giving is here! As such, it's time for Jennifer Young Homes’ annual coat drive for the underprivileged in Eastern Prince William County. We feel extremely fortunate to be in our 8th year...
Hi friends and happy holiday season! We hope you and your loved ones had a great Thanksgiving break and enjoy this holiday season too if you’re celebrating! The DMV real estate market remains very strong for a Winter market. We saw a little bit of a slow down in Fall...
In short, mortgage forbearance means that the mortgage company who manages your loan allows you to pause or reduce your payments for a period of time, usually due to a hardship like Covid-19; at the beginning of the pandemic, those who were struggling and needed help with their mortgage were able to apply for forbearance and put that payment off.
DMV Real Estate Market Update - October 2021 Happy Fall! Jennifer Young here to deliver your October 2021 DMV real estate market update! The DC Metro real estate market remains pretty strong though we have seen some signs of a cool down and balancing in certain...
September 2021 Real Estate Market Update Hi friends and happy Fall! I hope this finds you well, and if you have kids heading to school, I hope it's a great start to the school year for them! September 2021 Real Estate Market Update Diving right into your market...
November Market Update + FREE Seller Seminar Wed Nov 4th! Happy November! Watch the video below for another monthly update. The market is still incredibly strong, especially for well-priced single-family homes, which is a rarity for late fall. Despite a slight...