Jennifer Young Homes Real Estate Blog
“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...
How likely are you to recommend Jennifer Young Homes? HIGHLY LIKELY!
Congrats to our team member Peter Livingston for a great agent review on Zillow...Thanks for all your hard work and team support Peter! "Peter is very knowledgeable about this entire region, he returned all calls and emails immediately, he was a pleasure to work with,...
There Aren’t Enough Sellers to Meet the Demand of Buyers!
A new article came out from the Mortgage Daily News that defined a new study that explains, in part, why inventory is so low - leaving buyers with no options to buy. Check it out... A study entitled "The Great Recession and Attitudes Toward Homebuying" sponsored by...
Buying a Condo with an FHA Loan? Read This FIRST!
Thanks to Andrew Kantor for his research and info on this submission to the VAR… Many condo communities in the state have lost their FHA certification, something buyers and sellers don’t realize until a contract is blocked. So if you have clients that are in any way...
Buying a Condo with an FHA Loan? Read This FIRST!
Thanks to Andrew Kantor for his research and info on this submission to the VAR... Many condo communities in the state have lost their FHA certification, something buyers and sellers don’t realize until a contract is blocked. So if you have clients that are in any way...
“The entire Jennifer Young Team is fantastic and is on top of their game!”
We want to thank our clients who bought their first home weeks ago and sent us this incredible review about our services. It was a pleasure serving you both and we appreciate you taking the time to write down your experience with our team. Congrats! ..."I told my wife...
Short Sales and REO’s Sales Are Down – Regular Sale #’s Rise in Northern Virginia!
I tell my clients all the time - pricing stabilization has to happen before we can see prices of existing home sales start to rise. Well, I pulled some stats this week that got me a little excited...short sales and bank owned sales dropped in almost every area of...