The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.

As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled  something thats never happened before in a calendar year. This had a cascading impact on buyer activity, the balance [...]

For many reasons, worries about the cost of living are top-of-mind for so many people. Even more so, perhaps, if youre thinking about buying a home. 

Last week we focused on several advantages of doing so in Delaware, including our comparatively low taxes and laws that may enable you to keep more of your Social Security [...]

Once youve applied for a mortgage to buy a home, there are some key things to keep in mind. While its exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home [...]

About the State Property Reassessment

No one likes financial uncertainty, especially if its connected to the significant investment youve made in your home. Thats why youre probably happy to see your house or condo increasing in value as more people move to communities [...]

Be honest with yourself

Before you even think about buying your parent's house, be completely honest with yourself. Is your relationship strong enough to withstand the potential disagreements that may arise during the [...]

What is an appraisal gap?

An appraisal gap occurs when an appraisal comes in below the contract price on a house. Today's hot real estate market contributes to a higher rate of appraisal gaps.

Its economy 101 when supply is low and demand is high, prices naturally rise. Thats whats happening in todays housing market. Homeprices are [...]

To some of you, it does. In both Northern and Southern/Coastal Delaware, we have some excellent 55+ active adult communities to show you.

Northern Delaware - Middletown area

• Four Seasons at Baymont Farms new construction in great Middletown location
• Four Seasons Silver Maple
[...]

How to become the successful buyer next time

Bidding wars have become the norm in the 2021 real estate market, and there is no immediate end in sight. So, what can you do to improve your chances?

Ready means that you have all the pieces in place and can complete an offer at a moments notice.

Think outside the box, strategize with your agent. Your agent will know what comps have been selling for and how [...]

What first-time Delaware homebuyers should know when looking for a home.

At what age do people buy their first home? National statistics say that eighty-one percent of Gen Zs planning to buy a home are first-timers, compared to 64% of Millennials, 45% of Gen Xers, and 24% of Boomers. About half (49%) of prospective buyers in the [...]

This year virtual home shopping took off, seeing home buyers and sellers turn to the Internet to do more than just a typical home search.

In a year when were learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have [...]