Short Sale Debt Relief Extended for 2013! Section 202 of the just passed fiscal cliff bill is VERY good news for the housing market this morning…If you’re in the middle of a short sale or hoping to sell soon because you’re underwater, rest easy…sellers who now...
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Jennifer Young Client Appreciation Party – November 3rd @ 7-11pm!
Last chance to RSVP for this year's Client Appreciation Party in Fairfax, VA! If you've worked with our team in the past, or you are looking to buy or sell in the near future, call us for details at 703-400-6757 or email jennifer@jyhteam.com. Come and celebrate with...
NVAR: Rising Prices, Low Inventories…and the Fiscal Cliff
By Lisa A. Sturtevant - Assistant Research Professor, George Mason University Center for Regional Analysis The Northern Virginia housing market has been one of the strongest in the country. Because of its location in the job-rich Washington area, Northern Virginia has...
Jennifer Young Homes Team Ranked in Top 100 Teams in USA by Wall Street Journal!
Congrats to my awesome team for raising the bar in 2011 - taking us to #81 in the Nation for Sales Volume! In just one year, we closed over $80 Million in sales. It takes incredible teamwork to make that happen - thanks so much everyone! The reviews we receive say it...
Zillow Announces Biggest Gain in Home Prices Since 2006!
National home values experienced their largest monthly gain since May 2006 by increasing 0.5% in March, according to Zillow’s Home Value Index. Out of 30 metropolitan areas covered by the Zillow Home Value Forecast, 19 will reach bottom sometime in 2012 or already...
Luxury Market Picking Up Steam in Northern Virginia!
One of our Luxury listings on Rock Hollow in Clifton, VA just went under contract in less than a week...and this is proving to be the trend throughout Fairfax County. Looking at the stats, we find every zip code is on the upswing in the last couple of months. Check...
“I am writing you this e-mail to thank your team for the oustanding job representing me in my home purchase…” – Jennifer Young Homes
Hi Jennifer, I am writing you this e-mail to thank your team for the oustanding job representing me in my home purchase. Mr. Edson Magallanes, my realtor, was very knowledgeable about the short sale process. He was also very helpful in answering and returning my calls...
Housing Crisis to End in 2012 as Banks Loosen Credit Standards
By Krista Franks (DSNews) Capital Economics expects the housing crisis to end this year, according to a report released this past week. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700....
Real Estate Market Is Off to a GREAT Start in 2012!!
We celebrated the New Year and then my phones started to ring off the hook with sellers looking to list their home for sale. This will be great news for buyers who have been waiting for some good inventory...and for sellers it could mean better pricing due to demand....
Government Turning Foreclosures Into Rentals?
NEW YORK (CNNMoney) -- Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties. The program, which was cited by Federal Reserve Chairman Ben Bernanke last week as one way to address the housing...
Government Turning Foreclosures Into Rentals?
NEW YORK (CNNMoney) -- Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties. The program, which was cited by Federal Reserve Chairman Ben Bernanke last week as one way to address the housing...
FHA Waives Anti-Flipping Rule Through 2012 to Speed REO Sales
The Federal Housing Administration (FHA) is extending the temporary waiver of its property anti-flipping rule through the end of 2012. FHA rules typically prohibit insuring a mortgage on a home owned by the seller for less than 90 days. In 2010, however, the agency...