Has There Ever Been a Better Time to Buy a Home? (Delaware Valley Real Estate - Northern Delaware)

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Real Estate Agent with BHHS Fox & Roach | www.DelawareValleyRE.com

Has There Ever Been a Better Time to Buy a Home?

(Delaware Valley Real Estate - Northern Delaware)

 

While Northern Delaware (Wilmington DE-MD-NJ Metro Area) house prices have declined since the peak of the market (down 13.74% since 2006*), prices have appreciated over the past ten years (up 58% since 2000*) and housing (in my opinion) has become the most attractive asset class in America, especially for investors, as well as, home buyers looking to stay put for a while.

 

You may be asking yourself: "Has There Ever Been a Better Time to Buy a Home?" Well, there is a time for everything, including buying a home. But how do you know if the time is right for you? In the Fall/Winter 2011 issue of The Chairman's Report (Northern Delaware Edition), Larry Flick, Chairman and CEO of Prudential Fox & Roach REALTORS, looks at several ways of answering this question using regional market trends.

 

*Source of Above Data: Case-Shiller Home Price Index. Single-Family Aggregate Index, 2000Q1=100), SA (Wilmington DE MD NJ Metro Area Counties: New Castle, DE, Cecil, MD, Salem, NJ). 

 

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Topic:
Home Buying
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Delaware
Tags:
buying a home
has there ever been a better time
prudential fox roach realtors
letitia stevenson
delaware valley real estate

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Rainmaker
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Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

In Michigan - Such a great time to buy.  Interest rates at an all time low and houses priced competitively for all buyers and investors.  Banks still offering 0 down programs for those who qualifiy and need assistance.

Oct 28, 2011 02:44 PM #1
Rainer
6,961
Susan Phelps
Cristello & Company - Sarasota, FL

Hi Leticia,

Thanks for your "welcome" post. I LIKED your FB page. Perhaps you could LIKE mine http://www.facebook.com/SusanNextage?sk=wall

Learning and looking as this is new to me. Let's stay in touch. We have family in Wilmington. Small world.

Sarasota Suze

Nov 20, 2011 09:43 AM #2
Rainmaker
119,355
Vince Chinell
VICO Home Inspection - Branson, MO
CPI

Letitia,  Thanks for the words of encouragement.  I do like your Blog page.  It is something I need to work toward.

Dec 09, 2011 03:40 PM #3
Rainmaker
1,493,519
Tom Braatz Waukesha County Real Estate 262-377-1459
Re/Max Realty 100 262-377-1459 - Oconomowoc, WI
Waukesha County Realtor Real Estate agent,Waukesha

Always enjoy seeing what is going on and blog posts from different areas of the country. Have a wonderful Sunday

Feb 26, 2012 05:20 AM #4
Rainmaker
651,682
Adam Malachi
RLO Millennium Real Estate and Mortgage. - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent words of encouragement!

Thanks,

Adam

Apr 15, 2012 08:38 PM #5
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Rainmaker
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Letitia Stevenson

Delaware Valley Real Estate, Lic'd in DE, PA & MD
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