Jennifer Young Homes Real Estate Blog
Foreclosures Jump as Banks Bet on Rising U.S. Home Prices – First-time default notices more than tripled in Maryland!
Home repossessions in the U.S. jumped 11% in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures. Bloomberg News Lenders took back 38,946 homes, up from 34,997 in...
Just Listed in CENTREVILLE! 4bed/4.5 Baths – Perfect for Commuters!
Enjoy over 3,200 Finished Sq. Ft. in the heart of Centreville, VA - Centre Ridge Land Bay Neighborhood. 4 bedrooms & 4 1/2 baths on 3 floors... Well maintained home ready for a new owner - right off of I-66, Hwy 28 AND Lee Hwy. Huge new deck and fenced in...
Sale Prices Are On the Rise in the DC Metro Area!
Bloomberg News has been reporting, but my team is living it right now...DC Metro Prices are On the Rise! To give you an example...I put two foreclosure properties on the market this week and in 24 hours they have 7 offers with many more coming in each day. This...
Washington, D.C. – The New Boomtown!
Wall Street Journal - May 23rd, 2013 By LAUREN SCHUKER BLUM and CRAIG KARMIN Turnberry Tower, an all-glass tower in Arlington, Va., with 250 units that sold out for an average of over $700 per square foot, with upper levels of the tower averaging $1,000 per square...
Investors looking for more rental properties are turning to Builders now that foreclosure inventory is dwindling. New home building is up 22% this year and it has more than doubled since the end of 2011. Here’s more info…
Private Equity Taps Builders as Foreclosures Vanish By John Gittelsohn (Bloomberg) - May 14, 2013 9:00 AM CT Investors seeking single-family homes to rent are buying land and newly-built properties as foreclosures dwindle and existing home prices in the U.S. rise at...
Jennifer Young’s “Reading of the Market is Impeccable!”
We recently worked with a buyer that was having trouble getting a contract accepted on a condo in the Falls Church, VA (Washington DC Metro) area. After some advice from myself and my buyers agent, Lauren Heisey, the client saw her contract accepted by a seller and...
Jennifer Young Homes – Over 70 Listings Under Contract and/or Sold in 1st Qtr of 2013!
The Jennifer Young Homes Team is off to an incredible start for 2013, with 87 listings, either Active, Under Contract or SOLD in the last 3 months! We need more listings because we have many more buyers ready to purchase RIGHT NOW! If you've considered selling this...
“Lauren Heisey’s Excellent Work!” – Jennifer Young Homes’ Buyer Agent
It's always great to hear from our clients that they think we're doing a great job. Here is a note below recently sent to our offices about one of my top buyer agents, Lauren Heisey. Great job Lauren! You can contact Lauren anytime by emailing lauren@jyhteam.com......
Don’t Wait for Your Lender to Foreclose After a Bankruptcy Discharge – SHORT SALE!
Don’t Wait for Your Lender to Foreclose After a Bankruptcy Discharge – Short Sale and Get Started Living Life Again! We work with a number of bankruptcy attorneys serving Virginia, Maryland and DC…and like them, we get asked the following question constantly…”Why...
Short Sale Debt Relief Extended for 2013!!
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...
From Luxury Home Sales to Economical Investment Property Sales – Jennifer Young Homes LEADS the Market!
As we get closer to the end of the the year, it's always great to look back at what we've accomplished as a team in Northern Virginia - and the trends we're experiencing in the market. Mind you, we're still a month away from 2013, but our sales indicate a consistent...
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...