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Real Estate Market Trends In New Castle County Delaware - Part One
 
Real Estate Market Trends In New Castle County Delaware – Part One
As the spring market starts winding up, my clients and friends are asking me about real estate market trends in New Castle County.  I thought I would dedicate some posts on my blog to shed a little light on the topic.  This is the first in a series of postings, so look for more to follow very soon.  New Castle County is an interesting market.  There are a lot of attorneys here due to so many large corporations making Delaware their state of incorporation.  A large university (UD), a large bank (Bank of America)  and a large multi-national conglomerate (DuPont) tend to dominate employment.   It’s pricier here just due to being on the east coast.  There is further price support for New Castle County real estate because real estate taxes in Delaware are so much lower than New Jersey and Pennsylvania.  Many who work in Philadelphia chose to live here instead, thus creating more demand than there would otherwise be.          
 

 
Speaking of demand, let’s get right to it.  The laws of supply and demand, as the country has been so brutally ... more

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