Jennifer Young Homes BLOG

By
Real Estate Sales Representative - Keller Williams Realty
Northern Virginia and Maryland FYI on Real Estate
RECENT BLOG POSTS
 Here is an article I found this morning - It's one more hurdle for buyers to jump through. Of course, now that there are better "conventional" loan rates and plans available out there (98% funding without MI), the decision might not have as huge an impact as it might have this time last year. We...
12/04/2009
NEW YORK (Reuters) - The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed "short sales" of homes and other loan modification alternatives to stem a rising tide of foreclosures. The Home Affordable Foreclosure Alternatives Program provides financial incen...
12/01/2009
For the eighth straight consecutive month, national foreclosure activity in the U.S. was dominated by a small set of states.As reported by RealtyTrac.com, more than half of October's foreclosure-related activity came from just 4 states:1. California2. Florida3. Illinois4. MichiganThe remaining T...
11/13/2009
On Wednesday afternoon, Senator Ben Cardin introduced S. 1678, extending the $8,000 first time homebuyer tax credit for another 6 months to June 1, 2010.  The current tax credit is set to expire on December 1, 2009.  The bill has 4 co-sponsors: Ensign, Reid, Isakson, and Stabenow.  
09/24/2009
This market is unlike any that I have seen over the past 8 years. Buyer activity is SOARING and inventory is down, which has buyers racing to get their contracts noticed and accepted, all while the first-time home buyers tax credit quickly ticks away.  The number of contracts written (offers) ver...
09/24/2009
It's always exciting to talk about your investors' successes - we had one this week...we found a great little house for $48,000 at 355 Manassas Dr, Manassas for one of our investors. They paid cash, spent $30,000 fixing it up with repairs like new paint inside and out, new flooring, new kitchen, ...
06/17/2009
If you're looking for a great resource for clients to check out on the New $8,000 Tax Credit for First-Timers, tell them to go to www.federalhousingtaxcredit.com. It supports what we're telling our clients. More people are eligible than they think!
02/26/2009
Even before the House and the Senate started hashing out this new stimulus package now signed into law, our office was receiving numerous calls from first-time buyers. They've been watching the market prices go down and they're looking to buy. We've done a lot of extra marketing to bring those ca...
02/19/2009
HAPPY NEW YEAR everyone! With the arrival of 2009, I find it's time to take a look back at what my team and I have accomplished - while also looking forward to the great opportunities ahead, for buyers and sellers who are looking to get BACK IN BLACK in the new year... First - a look back at an A...
02/12/2009
As if the foreclosure market wasn't enough to keep up with, buyers are now playing their hand at taking a chance in the Auction market. This latest event on Saturday, February 7th was hosted by Hudson & Marshall at the Hilton - McLean Tysons Corner. Buyers looking to bid on a house were given two...
02/12/2009
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