Gail Alm, Mortgage Planning Specialist at Fairway Independent Mortgage Corp. in Rehoboth Beach offered this timely home price information, and asks, "As a Home Buyer, take a look at the chart below, do you really want to wait another day?"
The National Average... home prices are up [...]
Why are more and more home buyers returning to the market? because theyre noticing favorable market conditions.
Specifically, buyers are feeling more comfortable about navigating the market thanks to interest rate stabilization and easier mortgage rules, according to a recent article by Reuters.
This is fantastic news for the overall health of the housing market. After all, it suggests that the national real estate market is likely to become more stable over [...]
By Bill Bell
The northernmost Delaware county is New Castle. It is closest to airports, Amtrak, and Route 95 with easy access to the major cities within the Mid Atlantic Region. A popular choice for people from NJ, PA and MD, it is not where you will find the least expensive homes. [...]
U.S. homes sold at a faster ratein September than any other time this year, a recent reportfrom the National Association of Realtors said.
Evidently, sales of existing homes increased 2.4 percent from the previous month to a seasonally adjusted annual rate of 5.17 million.
Experts are saying that this increase is a great sign that the housing market is picking up and moving past the slowdown that started in [...]
By Bill Bell
Kent County is home to the state capital Dover, Dover Downs and the Dover Air Force Base. In this area, you will find a good choice of smaller 55+active adult communities and the prices can be significantly lower than in the areas to the north or [...]
Sussex County, a.k.a. "Coastal Delaware," is where Boomers look to move for not only a primary residence in retirement but often for a second home/vacation home even while they are still working. This is the fastest growing county with the smallest population of the [...]
New home sales people refer to existing homes for sale as used homes, as in
I always found that reference rather self serving but then I thought about buying a car and realized that I can use the same thought process to favor buying an existing home.
Gail Alm, Mortgage Planning Specialist at Fairway Independent Mortgage Corp. in Rehoboth Beach offered this information courtesy of Keeping Current Matters.
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know [...]
Were breaking records on the U.S. housing market!
Evidently, during the month of August, US real estate saw 6-year high when national home sales reached their highest levels in more than six years, according to a recent report from the Commerce Department.
This is incredible! That means that sales activity has returned to the levels it was [...]
