Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both
You don’t have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings. For example, according to the U.S. Environmental Protection Agency (EPA), you can
Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no longer enough to stick a “for sale” sign
Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. A real estate boom during the pandemic pushed home prices to an
As you plan out your goals for the year, moving up to your dream home in Delaware may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to
Where is the Real Estate Market headed in 2022? Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the
As buyers consider their housing needs into their retirement years, there’s been an overwhelming interest in Active Adult 55+ communities. Delaware builders have been focusing on this trend over the past decade and there have been numerous 55+ communities built in the Bear, Newark and Middletown areas.
Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to sell your home – and fast. While you probably feel like
Some people make the mistake of trying to sell their home on their own without the help of a real estate professional. They feel that they are saving money because they don’t have to pay commission to a real estate agent. But, a real estate agent is an important asset during the home selling process.
Buying a home should be an incredibly memorable event. However, seasoned buyers know something that most first-time home buyers do not – the process is much more complicated than it seems. Finding and utilizing a Buyer’s Agent is arguably the best decision a first-time homeowner can make. Even veteran home buyers can benefit from a
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