By EILEEN SMITH DALLABRIDA • APR 7, 2017 (Delaware Public Media)
A decade after the housing bubble burst, home sales are buoyant with some parts of the First State experiencing the most exuberant spring in 40 years.
In suburban Newark, a freshly refurbished home priced at $299,999 in the Drummond North development sold in a single day.
A three-bedroom townhouse in Wilmington’s upscale Highlands neighborhood didn’t last much longer. Priced at $359,900, it was snapped up in less than a week.
The Federal Reserve voted to raise rates by 0.25 percent on Wednesday - BY AMBER TAUFEN Staff Writer Inman
“The Fed will raise the overnight cost of money on Wednesday, from a band 0.50 percent-0.75 percent to 0.75 percent-1.00 percent,” predicted Inman writer Lou Barnes on Friday. That’s a 0.25-percent hike.
Sure enough, at its meeting today, the Federal Reserve governors voted to raise interest rates by 0.25 percent, to 0.75 percent to 1.00 percent.
Get strategic -- and creative -- in your financing and marketing options to secure the best deal for your buyers and sellers - BY BERNICE ROSS
Whether your clients are first-time buyers or homeowners listing their property in a red-hot market, are you able to articulate how you can help them save money on their real estate transaction?
Research using realtor.com data indicates that buyers would be wise to find a deal now - BY MARIAN MCPHERSON Staff Writer for Inman
DAILY REAL ESTATE NEWS | TUESDAY, JANUARY 24, 2017
For home buyers hoping to snag a deal, they may want to make a move now. Home prices in January usually decrease compared to the spring and summer buying season.
There’s plenty of research to back that up too. NerdWallet recently crunched two years of realtor.com® data that reflected the 50 largest U.S. metros. Researchers found that January and February were the top months for those looking to get a bargain. In those months, home sales prices were 8.45 percent lower on average than in June through August.