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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 ...

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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...

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#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...

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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. ...

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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...

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