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Market Report on The Impact of Short Sales and REO's On New Castle & Kent County, Delaware

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Services for Real Estate Pros with Independent architectural histor'n Delaware RS-0010115

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Year-to-date (December 2011), close to one in four listings in New Castle County closed as a short sale or bank-owned property, and one in three in Kent County.  Above, we see the figures for December alone, and below we see the figures for  2011 as a whole. The biggest difference between New Castle and Kent Counties is that 15.5% of REO or Bank-Owned properties settled in NCCO, while 22.6% closed in Kent.  Short sale figures are almost identical, although the more populous northern county handled almost four times as many individual properties. .year to date

Your resource for older homes in Delaware and Southern Chester County, Pennsylvania.

Carolyn Roland, GRI, CRS


 

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Carolyn Roland, Your Historic

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Patterson-Schwartz Real Estate

7234 Lancaster Pike, Hockessin DE

oldhome@psre.com

 Office-302-239-3000 Cell 302-593-5111

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