home selling: American Confidence In Housing At An All-Time High - 08/12/19 02:20 PM
Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions.
Great News! The index reached its highest level since Fannie Mae began their survey. Breaking it down, the report revealed:
The share of Americans who say it is a good time to buy a home increased from the same time last year. The share of those who say it is a good time to sell a home … (2 comments)

home selling: What Would Make You Sell Your House? - 05/01/19 04:35 AM
There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving.
The younger the respondents, the more likely their top response centered around needing a larger home (ages 29 to 53). Relocating for a job was the top reason for those ages 54 to 63 and the second most popular response for those under 53. The chart below shows the breakdown for these two reasons.

For homeowners over the age of 64, wanting to be closer to friends and family … (0 comments)

home selling: Why You Should Consider Selling Your House Now - 12/14/18 02:41 PM


home selling: Quick tips for staging your New Castle County home - 11/02/17 05:43 AM
 Sellers who are staying in their home while it's on the market may have a hard time keeping it neat. Here are a few techniques to keep a home livable while still looking clean and buyer-friendly:
Have a quick pick-up plan.
Talk to your family about a quick pick-up plan. Make everyone responsible for vacuuming, dusting and clearing the clutter in their assigned rooms. Do a daily walk-through to make sure everything is in place in case you have a last-minute request for a showing.
Click Here for Your FREE House Selling Guide
Keep cleaning tools handy.
Fill a bucket or basket with the cleaning products … (0 comments)

home selling: 3 Things to Consider when Pricing your Home - 04/02/17 07:06 AM
 Putting a price on your home can be intimidating, especially if you haven't been keeping up with market trends. Use these three tips to make the process easier.
List any improvements you've made. Did you install a new patio or deck? Have you recently painted the exterior? Have you upgraded kitchen appliances? Think about the positive impact you've had on your house when figuring the asking price.
Consider similar homes on the market. What are comparable houses selling for? Your property is competing with other houses in your neighborhood, which may have a similar layout or square footage.
Hire a knowledgeable professional. As your real estate agent, … (0 comments)

home selling: What Curb Appeal Means for Potential Buyers - 03/05/15 12:30 AM
When home buyers are trying to decide which properties to view, they generally rely on "curb appeal" to make their decision. Whether or not it's a fair assessment, most buyers assume the exterior of a house is a good indicator of its condition on the inside. By driving by the property or viewing the listing photo online, buyers make snap judgments about whether they want to spend time viewing the home’s interior.
You obviously want to spend as little as possible on the upfront repairs necessary to get your home ready to sell. However, the house will need to pass … (0 comments)

home selling: Use Your "Smarts" to Help Sell Your Home - 11/02/14 05:22 AM
You may have heard about how homes are becoming "smarter" with connected devices such as smart thermostats, connected kitchen appliances and face-recognizing doorbells. You might even use a few of these products yourself. But did you know that these devices could help you sell your home?
According to information technology resource CITEworld.com, home automation will be the No. 2 trend in residential remodeling over the next five to 10 years (No. 1 is energy efficiency). Not only is technology improving and becoming more affordable, but younger generations who will be moving into homeownership will want and expect these smart features in their … (0 comments)

home selling: 6 Keys to Selling your House - 09/02/14 12:10 AM

Every homeowner's dream is to sell their property quickly and for the best possible price. The more time a house sits on the market, the more likely it is that the price may have to be lowered in order to attract interested buyers. So your job is to make your home as appealing as possible. It might take a little bit of elbow grease, but it will be worth it when your house sells faster than the ones already on the market.
Here are some areas to focus on so you don't lengthen your sale by overlooking the basics.

home selling: 4 reasons your home isn't selling - 01/28/13 08:31 PM
Even in recovering markets, listings must be priced right and properly marketed There's a buzz in the air. The real estate market has improved and may be on the road to recovery.
But the improvement in the housing market is not treating all home sellers equally. Some well-priced listings in prime locations are selling within a couple of weeks. In other areas, it still takes months to sell, and prices haven't fully stabilized.
There are several factors that could be keeping your home from selling. One is the state of the local housing market. Residential real estate is a local business. … (2 comments)

home selling: Lead Paint Rules Weigh on Window Replacement - 11/06/10 02:27 AM
Q: My daughter recently obtained estimates for replacing 17 windows in her home, which is more than 50 years old.One contractor mentioned the Environmental Protection Agency's new requirement of lead-paint precautions, containment, and other things, which would add $500 to the project cost.He also stated that she could first test for lead paint ($60), but because of the age of her home, the house more than likely contained lead paint.The EPA website was a little confusing and wordy, so I'm not sure if she is required to follow the EPA guidelines. She has no children and no plans for them in … (1 comments)

home selling: Growing Number of Homeowners Becoming Landlords - 09/25/10 01:03 AM
A growing number of homeowners are finding out what it means to be a landlord after failing to sell their homes in today’s economy. With home prices down nationwide, many don’t want to take a huge loss when they decide to move. They want to wait to see whether they can rebuild their equity—so they rent.
“People just really don’t want to be landlords, and they really have no choice,” said Dennis Dickstein, a Realtor at Real Estate One in Farmington Hills, Mich., who estimates that 20% of his deals are leases.
Mark and Rhonda LaVelle decided to buy a bigger home … (2 comments)

home selling: Home Staging Tips That Focus on Largest Customer Segments - 04/15/10 10:05 AM
The busy spring home buying and selling season is underway and the experts at Pulte Homes are offering staging tips to get your home ready for sale. A quicker home sale can be reached by keeping in mind the needs of the home’s most likely buyer and creating a fresh inspiring look just for them, according to Pulte Homes expert Janice Jones, national vice president of merchandising.
“Everyone understands the value of de-cluttering, cleaning and refreshing a home in today’s competitive market,” Jones said. “The difference between a ‘For Sale’ and a ‘Sold’ sign often boils down to effectively staging a … (0 comments)

home selling: 5 Reasons Vacant Homes are Tough to Sell in Today’s Market - 04/12/10 01:08 AM
A vacant house is like a vacant stare. Something is just not right.
Trying to sell a vacant house adds obstacles and depresses the sales price, says Showhomes, a nationally franchised home staging company. Showhomes uses live-in home stagers to lower the cost of staging and produce faster home sales. Take a look at their top five reasons why selling a vacant house is often a mistake in today’s market:
1. People don’t simply buy houses; they buy the next chapter of their lives. This is an emotional experience and emotion influences what people buy and how much they will pay. … (2 comments)

home selling: Nab a real estate deal - while you still can - 03/17/10 01:04 AM
If you've been holding off on a real estate purchase, glimmers of a turnaround in the housing market may have you wondering if it's finally time to make your move.
While home prices remain low, they're no longer free-falling in most markets. Mortgages are historically cheap. And the sweet tax credit that was offered to new buyers last year has been extended to April 30 and expanded to include current homeowners too.
But for all the motivation to act quickly, buying right now is not a no-brainer. In some areas home prices may fall further. If you own a house now, … (2 comments)

home selling: Asbestos Safety Tips - 01/15/10 02:07 AM
Located on the Atlantic Coast region of the United States, Delaware is one of the ideal states to call home. With beautiful sceneries, rich historical significance and plenty of fine neighborhoods, it is easy to see why so many potential home buyers are flocking to this state. The journey to purchasing a home is an enjoyable time in one’s life. But it is one that will bring many additional responsibilities. Having the assistance of a reliable and experienced Delaware real estate agent can make all of the difference during this process. While many homeowners may think that building green can take … (0 comments)

home selling: Give Credit Where Credit is Due - 11/06/09 01:45 AM
I was a little upset last week that Congress had almost let the First Time Home Buyers Tax Credit  lapse before they acted on it.  Yesterday both houses did what needed to be done.  They extended and expanded the tax credit.  It appears that Congress also thought outside the box.  To incent current homeowners to become move up buyers, this bill may have expanded the real estate market activity exponentially.  We have had very underwhelming spring seasons for 4 years now and this may change the outlook and opportunities that help potential sellers get off the fence. Kudos to our Washington leaders. 
Click for Free … (0 comments)

Christopher Pataki, Hockessin Delaware Real Estate (Keller Williams Realty) Rainmaker large

Christopher Pataki

Hockessin Delaware Real Estate

Christiana, DE

More about me…

Keller Williams Realty

Address: 56 West Main Street, Suite 101, Christiana, DE, 19702

Mobile: 302-562-0628

Office: 302-738-2300

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




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