buy: 4 Trends for the Spring Homebuying Season - 03/31/13 05:28 AM
 
The spring housing market is tight as sellers wait for housing prices to rise even further.
When it comes to the seasons of the housing recovery, experts say the market is finally in spring thaw mode, after several months of year-over-year gains in home prices and sales. That bodes well for the spring homebuying season, as would-be buyers emerge from winter hibernation and start their house hunts.
"This is the first spring season when the housing market is clearly in recovery," says Jed Kolko, chief economist at online real estate information site Trulia. "Before there was much more … (1 comments)

buy: Three tips for first-time homebuyers - 12/11/12 05:16 AM
  Julia Thomson hasn’t won the lottery. She hasn’t been reunited with a long lost, fabulously wealthy, and remarkably generous uncle. And she hasn’t discovered oil in her backyard. All of which is surprising, considering this declaration: “We paid off our mortgage in four and a half years.” When Thomson and her husband were approved for their first mortgage, they didn’t have any assets, but they did have a desire to be mortgage-free as soon as possible. According to her, as well as experts from banks and consumer agencies, first-time homebuyers can take a few steps to ensure that their mortgage … (0 comments)

buy: 5 reasons it's smarter to buy than rent - 03/29/12 04:36 AM
 
One of the biggest myths in the real estate industry is that it is cheaper to rent than to buy. In 71 percent of the cities in the U.S., owning is now currently cheaper than renting.
 
In 2011, 1.4 million new households entered the rental market due to foreclosures and demographics -- i.e., the 80 million members of Gen Y are at their prime time for starting new careers, getting married and having kids. At the same time, the number of new homes being built has dropped substantially. As a result, the demand for rental properties has skyrocketed.
 
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Christopher Pataki, Hockessin Delaware Real Estate (RE/MAX Associates) Rainmaker large

Christopher Pataki

Hockessin Delaware Real Estate

Hockessin, DE

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RE/MAX Associates

Address: 668 Yorklyn Road, Hockessin, DE, 19707

Office: (302) 234-3800

Mobile: (302) 562-0628

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