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November 2015 Archives

How residential real estate is valued

For many people in Delaware, purchasing a home will be the biggest long-term investment that they'll make in their lifetime. When deciding where to buy a home, it's important to consider whether the home's value will grow. Similarly sized homes can have vastly different prices depending on where they are located.

Housing prices are not going up everywhere

If real estate investors in Delaware only look at the national metrics for the U.S. housing market, they might come away with the false impression that houses are not affordable right now. Over the past three years, U.S. housing prices have increased by 17 percent. However, that statistic does not represent the housing prices for each individual market.