new castle county de: May Market Report for New Castle County - 06/13/17 12:26 PM
Now that the weather is heating up, it looks like the real estate market in New Castle County, Delaware, is nudging its way upward also.
New listings (which is what the buyers are looking for) are up over May of 2016 by almost 17%.  Closed transactions and those about to close are also up, about 6%.
Average days on the market are down about 8%, but the single-family detached inventory is still down 12%. So it's very much the case that buyers are online every day looking for fresh listings. And from personal experience, I can tell you that unless it's a fixer-upper … (0 comments)

new castle county de: New Castle County vs. Southern Chester County Market Reports - 07/06/13 04:36 AM
             
Today I am going to compare the nearby markets of New Castle County, Delaware, and Southern Chester County, Pennsylvania, for June, 2013.  As you can see above, there has been little change in the number of new listings in New Castle County over the same period last year. For the year to date, the number of closed sales was down slightly, while since May, closed sales have been down 7%. The best part of the report for sellers is that the last month has brought a 10% rise in prices. So, inventory is still down but sellers should get … (0 comments)

new castle county de: Delaware's March Figures Reflect Cool Weather, Attitudes, My Gas Bill - 04/08/13 12:34 AM
 
Above is the market report for New Castle County for March, 2013. As you can see, listings are down from a year ago, as are closed sales, with March sales and pending sales dropping to about 10% below last year at the same time.  
So here's my experiment. My house is heated with gas, so I went online and looked at energy usage for March 2012 vs. March 2013. In 2012, I used 91 cubic feet, and in 2013, 177 cubic feet. Almost double!  
My conclusion? And what does my gas bill have to do with the real estate … (0 comments)

new castle county de: TV's, Cell Phones, and Computers Are A Big Waste (Problem) - 08/25/12 08:29 AM
I had my old computer gathering dust for a couple of years. It was of absolutely no use. The programs were not compatible with the ones on my new laptop, and I didn't have a use for the screen. So what was I waiting for?  
   I was waiting to hear when the county was going to have their next recycling event. Today was the day, and from the look of the longgg   line of cars at the New Castle County Government Center in New Castle, (it was a 45 minute wait to get to the front of the line), … (4 comments)

new castle county de: Year-End Market Report for New Castle County Real Estate - 01/04/12 07:43 AM

The year-end figures are in for New Castle County, Delaware real estate, and we are not surprised to see the results. New listings were down almost 13% for the year, while closed sales were up almost 18% for the month of December, but only 4% for the year. Prices were down 8% for the year, bringing the median sales price down from $212,000 in 2010 to $195,000 for 2011.
This drop in sale prices is keeping many homes off the market, with almost 17% less single-family homes in inventory at the end of 2011 compared to 2010.  I predict that … (2 comments)

new castle county de: Southern Chester County Market Report and Children's Christmas Trees at Longwood Gardens - 12/22/11 03:43 AM

Since our market includes the adjoining state of Pennsylvania, it is interesting to look at the market report for Southern Chester County and compare it to New Castle County, Delaware.
While new listings in NCCo were down for the year 13%, Chester County new listings were down only 3%. For 2011, Closed sales  in Delaware were up almost 3%, while the total up to November in Southern Chester County were down almost 5%. Days on the market were up 23% in Delaware, while the number was only half that in Pennsylvania. Median sales prices are similar, with prices down 7.3% in Southern … (0 comments)

new castle county de: New Castle County November Market Report - 12/13/11 03:24 AM

The market report for New Castle County, Delaware for November 2011 is in, and as you can see, there is good news and bad news.  Not as many people are trying to sell their homes, but of the ones who do, they have brought their asking prices down, therefore driving buyers to make successful offers. So there are about 25% more closed and pending sales than last year, but prices are down 13%.  This dive in prices is being driven by foreclosures and bank sales, which influence appraisers who are trying to determine values. Sellers are holding on to their … (0 comments)

new castle county de: Facts Buyers Need To Know About Short Sales and Foreclosures in New Castle & Kent Counties in Delaware - 11/16/11 07:15 AM
 
Year-to-date (October 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. Here is the latest information on active short sale and bank owned properties in New Castle and Kent Counties, Delaware.
 

 

 
These are properties that are affecting the value of every property in the area.  We can't ignore the fact that appraisers are using these closed properties along with non-troubled properties every time they determine the value of a property and report back to lenders, who buyers are … (2 comments)

 
Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA, Carolyn Roland, GRI, CRS  (Patterson-Schwartz Real Estate) Rainmaker large

Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA

Carolyn Roland, GRI, CRS

Wilmington, DE

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Patterson-Schwartz Real Estate

Address: Patterson-Schwartz Real Estate, 7234 Lancaster Pike, Hockessin, DE, 19707

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