The future of residential real estate transactions in Delaware is expected to be influenced by the introduction and use of new technology by buyers, brokers and other participants. It is estimated that 92 percent of prospective buyers conduct at least part of their...
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Residential Real Estate
Why the global real estate market is still healthy
On Behalf of Tunnell & Raysor, P.A. | Jan 12, 2016 | Residential Real Estate
Delaware investors who are interested in the global real estate market may be understandably concerned about volatility in the marketplace. Indeed, some sources expect that the combination of increased interest rates, low oil prices, and other such factors may...
It’s a good year to buy a home
On Behalf of Tunnell & Raysor, P.A. | Jan 5, 2016 | Residential Real Estate
People in Delaware who are still paying rent may want to consider purchasing a home in 2016. There are many reasons why this year is a good year for buying property, including the fact that interest rates are still low. Though interest rates have risen slightly, they...
How residential real estate is valued
On Behalf of Tunnell & Raysor, P.A. | Nov 25, 2015 | Residential Real Estate
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...
Housing prices are not going up everywhere
On Behalf of Tunnell & Raysor, P.A. | Nov 12, 2015 | Residential Real Estate
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....
Online real estate listings
On Behalf of Tunnell & Raysor, P.A. | Oct 29, 2015 | Residential Real Estate
The availability of online real estate listings has transformed how real estate is bought and sold in Delaware and around the country. Too many people have unrealistic expectations derived from these listings, however. It is important for people to understand the...
Real estate brokers to face new online competition
On Behalf of Tunnell & Raysor, P.A. | Sep 17, 2015 | Residential Real Estate
The Internet has revolutionized many kinds of businesses in recent years, and Delaware residents are now able to shop for goods, pay their bills and compare vacation destinations online. The complex structure and highly regulated nature of U.S. residential real estate...
Chinese investment in American residential real estate
On Behalf of Tunnell & Raysor, P.A. | Sep 2, 2015 | Residential Real Estate
Delaware residents may recall how some media outlets compared the 2014 purchase of the Waldorf Astoria Hotel in New York City by a Chinese investment group with the buying of iconic Manhattan real estate by Japanese companies in the 1980s. Japanese investors quickly...
Importance of title insurance in real estate transactions
On Behalf of Tunnell & Raysor, P.A. | Feb 18, 2015 | Residential Real Estate
Many people in Delaware who are preparing to purchase a home may wonder why they need to bother with purchasing title insurance. People may especially think this small purchase is unnecessary when they are buying a home that has been owned by a single owner for many...
Closing real estate deals requires experience
On Behalf of Tunnell & Raysor, P.A. | Nov 3, 2014 | Residential Real Estate
Delaware state law incorporates specific rules pertaining to how real property transactions may take place, and failing to follow them properly can jeopardize the validity of a deal. Factors like the nature of the property being sold, the type of compensation involved...
