Jennifer Young Homes Real Estate Blog
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...
DC Area Expected to Add One Million New Jobs by 2030 – Will There Be Enough Housing?
I wanted to share this great article with you from the Washington Post by Brady Dennis. Amazing! Even as the housing slump drags on, and it seems there are far more houses than anybody wants to buy, a new analysis warns that the Washington area doesn’t have nearly...
“Jennifer Young Was a Great Agent…” (Seller in Woodbridge, VA)
How likely are you to recommend this agent? Highly Likely! http://www.zillow.com/profile/Jennifer-Young-Homes/Reviews/ Summary of their experience "Jennifer Young was a great agent, especially because of the amazing team working behind the scenes. Her and her staff...
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...