Should I Renovate My House Before I Sell It?
In today’s hyper-competitive market, buyers are often willing to overlook cosmetic or minor repair needs if it means snagging a home in their price range.
Ultimately, you're unlikely to recoup th...
Blog
4 Reasons Why the Election Won’t Slow the Housing Market
Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market is not likely be one of them.
Analysts will try to ...
Home Values Projected to Keep Rising in 2021
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and ...
Today’s Options Will Save (Most) Homeowners from Foreclosure
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances en...
What Are My Forbearance and Mortgage Relief Options?
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challeng...
#1 Reason to Sell Your Home this Fall
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them.
Mark Fleming, Chief Economist for First American, just reported:
“Since hitting a low point during the ini...
Should You Buy a Retirement Home Sooner Rather than Later?
Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the community where they would settle for their later years in life. T...
Patterson-Schwartz Market Update: October 2020
October 2020
Delaware
New Castle County
New Castle County experienced a 3.2% decrease in the number of sold homes for the first 9 months of 2020 compared to 2019 and a 7.4% increase in the median sales price from $237,500 to $255,000. ...
5 Family Fun Fall Activities in and around Northern Delaware
Date: 10/11/2020 | By Andrew Jacob Warren
Here are 5 family fun fall activities in and around Northern Delaware to get you excited about the season. If these trips don’t have you wearing plaid, drinking pumpkin spice and eating apple cider d...
Is it Time to Move into a Single-Story Home?
Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. Chances are, you don’t need four bedrooms anymore, and it may be a great time to sell your house and downsize, maybe even into a sin...