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October 2017 Archives

Selling a home during the holidays

Selling a home in Delaware during the time of year when most people are preparing for the holidays can be challenging. Sellers who are willing to be creative might find it's a lot easier to find a buyer than they originally thought. Halloween through New Year's could turn out to be a great time to market and locate interested buyers without having to lower the selling price.

Looking for a home during the fall

Prospective homebuyers in Delaware may be interested to know that they are still able to find the home that they want even if they do not find one from May to September, which is believed to be the best time of year to purchase a home. The season of fall also offers some advantages for people looking for a new home.

Higher home prices push demand for adjustable rate mortgages

Families shopping for homes in Delaware earlier in the year probably needed to make high offers to buy a property. Economists at CoreLogic and Capital Economics agreed that the low inventory of homes for sale has driven prices higher. Although mortgage interest rates remain extraordinarily low, higher home prices have caused people to select riskier adjustable-rate mortgages instead of predictable fixed rate 30-year mortgages.