Builder Confidence Rises for 3rd Straight Month

December 21st, 2011

According to the National Association of Home Builders and Wells Fargo Housing Market Index, builder confidence has risen yet again in December to its highest level since May 2010. This is also the first time since 2009 where this confidence has risen for 3 straight months. The builder confidence scale is calculated on builders’ outlook [...]

Mortgage Rates Continue to Fall

December 15th, 2011

Mortgage rates, yet again, have fallen to record lows in the past week. According to Freddie Mac, the 30-year fixed mortgage rate sunk to 3.94% which matches the record low set 10 weeks previous in early October. The 15-year fixed mortgage is also down to a new low of 3.21% which is lower than the [...]

Census Bureau Finds New-Home Sales Increasing

November 15th, 2011

A report released by the Census Bureau in October took a look back at home sales over the previous months and has determined that the sales of new homes increased slightly in September, reaching an annual rate of 313,000. The rate, which has been around 300,000 for several months, is a key indicator for both [...]

An Essential Checklist for Moving into your New Bayside Home

August 30th, 2010

“…here’s my list of those absolutely essential things you want to have on hand from Day 1 of moving into a new place.”

Baby Boomers Buying Second Homes for Retirement

June 16th, 2010

According to the results of a newly released study of nearly 2,000 American baby boomers — those born between 1946 and 1964 — commissioned by the National Association of REALTORS (NAR), ten percent of all boomers are considering buying real estate in the next 12 months and 15 percent of those respondents said they were [...]

Stability Seen in Delaware Home Sales

June 14th, 2010

“I think realism has set in some, and the sellers are saying, ‘If there’s a buyer out there and we can come to terms, let’s do it…”