ARCHIVED BLOG POSTS

2014 

Experts say consumers who hold off buying or refinancing homes in hopes that sub-4% interest levels will … Last year's 3.5% mortgage rates are long gone — and experts say consumers who hold off buying or refinancing homes in hopes that sub-4% interest levels will return could miss out on today's ...
01/30/2014
Snow flurries when it’s sun­ny, and then dense fog the next day. Wake up and its 3 degrees one day, and then 60 degrees a few days later.  Mostly, though, it’s cloudy with an occasional burst of sun­shine. Winter in Delaware. And when the weather is so changeable, there’s a tendency to hibernate....
01/22/2014
The highest number of homes sold since 2007 in the First StateBoosted by a brisk December for real estate transactions in New Castle Coun­ty, Delaware closed 2013 with the highest number of homes sold statewide since 2007.More than 9,000 single-family home sales took place throughout last year, a...
01/22/2014
You've heard the old saying - "Location, location, location." The real truth is "Location, condition, and price." And price trumps every other factor. Location affects the value of a home, but it's price that sells a home.   Oceanfront, mountainside, or penthouse, the most desirable location in t...
01/22/2014
Homebuyers often undermine their own best interests and end up overpaying, many real estate agents say.  First-time homebuyers, as well as those looking in a hot market, are susceptible to overpaying because they have a hard time exercising discipline when it comes to price, according to Herman C...
01/19/2014
The real estate market has turned the corner. Am I being overly optimistic? I don’t think so. The signs and economists are saying that barring unforeseen calamities or further limitations on available mortgage credit, the housing market will continue to gain momentum into 2014. Let’s face it thou...
01/08/2014
Home prices in most parts of the country are just about as affordable as they are likely to get, and mortgage rates remain super low. Together, those factors mean that many people are thinking about buying a home. Some will be first-time homebuyers, while others will be “boomerang” buyers who lo...
01/08/2014
CoreLogic’s Nov. index surges as jobs growAfter slumping throughout much of 2013, Delaware’s housing market gained momentum last fall, boosted by an im­proving job market and a scarce supply of homes for sale, economists said fol­lowing the release of new real estate da­ta. Home values appreciate...
01/08/2014
After year of struggles, the housing market roared back to life in 2013. The rebound will continue in 2014, but the pace will slow. Experts say 2014 will be a year of continued growth and stabilization in the housing market with rising home prices, fewer foreclosures and greater activity among un...
01/08/2014
Having trouble attracting a buyer? How to overcome some common obstacles to a home sale Housing is back. The market is starting to hum again—even roar in some areas, with demand outstripping supply. A new report from the National Association of Realtors shows that sales of existing homes in Febr...
01/08/2014
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Christopher Pataki

Hockessin Delaware Real Estate
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The goal of this blog is to inform consumers who are buying, selling and investing in real estate.