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 [...]
Its been no secret that Delaware is one of the most tax friendly states for retirees. In an recent article on Yahoo Finance, Kiplingers Sandra Block lists the top 10 most tax-friendly states in the U.S. and I am proud to say,
These ten states impose some of the [...]
How much will a new home cost? What will the taxes be? Will I have public water and sewer? These and other questions are important to ask and evaluate when you are buying a retirement home in another state. Statistics say that most people downsize and stay within an hour of their existing home when they [...]
Big homes are a big deal on the national housing market, according to a recent article in USA Today.
In fact, of the 569,000 homes built last year in the US, about 33 percent (or 188,000 homes) had [...]
I asked Gail Alm at Fairway Independent Mortgage in Rehoboth Beach, Delaware to comment on a question Buyers often ask,
So, are you ready to bundle? Heres what she said When Kathy asked me if you can bundle closing costs into your mortgage, the answer can be yes or no, depending on the [...]
