Experts are reporting that the majority of millennials in Delaware and across the country don't have enough money to afford a new home down payment. The millennial generation, which remains one of the hardest hit by the financial recession, continues to struggle with...
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Residential Real Estate
Investing in commercial properties
On Behalf of Tunnell & Raysor, P.A. | May 18, 2017 | Residential Real Estate
Delaware residents who are thinking of investing in real estate may wonder about the choice between residential and commercial types. While buying residential properties has some benefits, it may be more beneficial to purchase commercial properties for several...
Reasons to have an inspection before buying a home
On Behalf of Tunnell & Raysor, P.A. | May 5, 2017 | Residential Real Estate
Delaware residents who are looking to buy a home are encouraged to inspect it before the sale closes. This is because the home that a person sees during an open house or showing is one that is in pristine condition. In most cases, the seller will have an inspection...
Home buyers seeking out energy-efficient homes
On Behalf of Tunnell & Raysor, P.A. | Apr 19, 2017 | Residential Real Estate
Home buyers in Delaware and around the country are becoming increasingly concerned about their carbon footprints and are seeking out houses that boast green technology or high levels of insulation according to an industry report. More than half of the real estate...
Sellers’ market arrives in residential real estate
On Behalf of Tunnell & Raysor, P.A. | Apr 7, 2017 | Residential Real Estate
A seller's market seems to have returned for the residential real estate sector with sellers in Delaware and elsewhere seeing multiple offers and fast turnover on listings. A 5.5 percent increase in sales were seen across the country for the month of February, and a...
A housing shortage is driving up prices
On Behalf of Tunnell & Raysor, P.A. | Mar 23, 2017 | Residential Real Estate
A shortage of houses in Delaware and across the country is being cited by industry experts as the reason for rising prices and a sharp fall in home resales in February. The National Association of Realtors revealed on March 22 that sales of existing homes fell by 3.7...
Real estate buyers sometimes turn to hard money lenders
On Behalf of Tunnell & Raysor, P.A. | Feb 21, 2017 | Residential Real Estate
Homebuyers in Delaware and around the country generally seek financing from traditional lenders and choose between conforming, nonconforming, FHA and VA loans, but there are situations where unconventional sources of money may be useful. Those who take out a...
Home-selling missteps to avoid
On Behalf of Tunnell & Raysor, P.A. | Jan 25, 2017 | Residential Real Estate
Every homeowner who wants to sell his or her home wants to get the best price for it. Those in Delaware who are considering putting their homes up for sale in 2017 should avoid certain actions that can reduce their chances of selling their property.While upgrading a...
Tips for finding a quality home loan
On Behalf of Tunnell & Raysor, P.A. | Jan 10, 2017 | Residential Real Estate
When looking for a mortgage, Delaware residents may benefit from shopping around for the best price. This is true whether an individual is looking for a new home loan, to refinance a current mortgage or for a home equity loan. Shopping around is beneficial because...
Residential real estate closes out 2016 fitfully
On Behalf of Tunnell & Raysor, P.A. | Dec 29, 2016 | Residential Real Estate
During the tail end of 2016, the U.S. residential real estate market exhibited some significant ups and downs. Investors and developers in Delaware may be interested in knowing that even though some of these fluctuations were expected as par for the course, others...
