Real Estate

Delaware's Real Estate Taxes are the 4th Lowest-Again!

Delaware has the nations 4th-lowest real estate property tax rate, according to a recent report from WalletHub.

Aiding Delaware is the lack of vehicle property taxes seen in other states. The rankings were as follows.

  • Real-Estate Property Tax Rank*: 4th
  • Vehicle Property Tax Rank*: 1st
  • Real-Estate Tax on Median State House Value: $1,231
  • Real-Estate Tax on Median U.S. House Value:
  • [...]

Existing Home Sales Bouncing Back

Despite Low Home Inventories, Existing Home Sales Are Bouncing Back!

 

According to Keeping Current Matters, the highlights in Home Sales Bouncing Back Graph are:

  • Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded.
  • Inventory levels are still below historic norms at 3.9-months
  • [...]

How Many Homes Will You Buy and Sell After Retirement?

I am not talking here to real estate investors who buy and sell homes as a business. And, I am not talking to the Oprahs of the world who may continue to buy homes because they can. I just did a search to see How many homes does Oprah own? and lost [...]

Find Out Where Americans Are Moving

Do you ever wonder what states people are moving to and leaving? Do you wonder what states are our most popular American destinations?

Are you considering a move? The Graph provided by Keeping Current Matters shows where Americans are moving to and from in the United States.

The highlights of the graph include:

  • For the 4th year in a row the Northeast saw a concentration of High Outbound
  • [...]

What You Need to Get A Mortgage

A Recent article posted on Keeping Current Matters reveals what you actually need to get a Mortgage from Fannie Mae's recently released What do consumers know about the Mortgage Qualification Criteria? Study.

The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home.

Here are top [...]

Heritage Creek Community Center Opens!

Heritage Creek residents welcomed the opening of the neighborhood Community Center!

Our agent Elliot Welan, who is also a Heritage Creek resident, shot these pics at the grand opening of Community Center. Heritage Creek is conveniently located in Milton, Delaware with walking trails and sidewalks, neighborhood parks and now a new Community [...]

Boomerang Buyers Begin Entering The Market

A TransUnion Study Finds 1.5 Million Homeowners Negatively Impacted by Mortgage Crisis Could Re-Enter Housing Market in Next Three Years.

TransUnionrecentlyreleased the results of a new study titled The Bubble, the Burst and Now - What Happened to the Consumer? The study revealed that 1.5 million homeowners, a.k.a.Boomerang Buyers, that [...]

AARP: 1st Boomers Turn 70!

As an AARP member, I read an article in theJAN-FEB 2016 edition of Real Possibilities Magazine, about the first baby boomers are now turning 70! Bill Newcott talks in length in his article titled,

"The Boomers Turn 70: How this generation has influenced us all and how it will change the world again"

Newcott chronicles Kathleen [...]

Should I Buy Now or Wait til Next Year?

Many Boomers are asking themselves, "Should I Buy Now or Wait til Next Year?"

In the infograph below, Keeping Current Matters illustrates the financial difference a year would make if you wait to buy a home until 2017. Of course, the graph targets 30 year old buyers, so let's say this could be great information for your kids, [...]

The Federal Reserve Increased Rates. Now What?

UPDATE 1/28 FED DECISION: Rates left unchanged. The Fed stated that they no longer view risk as balanced and expectations that inflation will rise have been decreased. Future rate hikes to be a slow and steady pace. This is all general good for mortgage rates to remain low until hopefully [...]

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