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Jennifer Young Homes Real Estate Blog

Credit Scores Poised to Get More Personal!

As if it wasn't tough enough getting a home loan these days...check out this article I found online: Credit Scores Poised to Get More Personal! (Chicago Tribune October, 17th) Many consumers applying for a mortgage are going to start sharing more personal information...

A Look Ahead at New Homes of 2015

I found this article on Zillow.com and wanted to share it with you. Builders are leaning towards smaller homes as they plan for the future. Not surprising considering the economy... If you had asked someone in the 1960s what the home of 2015 would look like, chances...

First-Time Buyers Losing Interest in Short Sales?

RisMedia.com - Processing delays have taken their toll on first-time home buyer interest in short sales, which now account for more than one of every six house sales, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. First-time...

Townhome in Sterling SOLD – Potomac Terrace Neighborhood

Congrats to our happy clients Raji and Siva...we sold their townhome in Potomac Terrace in Sterling, VA on Friday!  We thank them for trusting us with the sale of their home and for offering these words of appreciation to our team: "Hi Jennifer/Lee - we wanted to...

VA Funding Fees Are Dropping for Buyers!

Some good news.  VA funding fees are going DOWN as of October 1st. This will save thousands in upfront costs and in some cases make it easier for seller concessions to pay the fee. First time use is now 1.40% for $0 down .75% for 5% down .50% for 10% down Second time...

The US Downgrade by S&P – What Will It Mean for Buyers?

Thanks Mike - the following is an email from one of our lenders, Mike Ferrell updating us on the recent downgrade... From: Michael Farrell <MFarrell@gofirsthome.com> Date: Sun, Aug 7, 2011 at 9:37 AM Subject: US downgrade by S&P-from Mike Farrell To:...