Latest Blog Posts


LATEST HOUSE PRICE APPRECIATION ESTIMATES FROM NAR

NAR PUBLISHES LATEST HOUSE PRICE APPRECIATION ESTIMATES National Association of Realtors updated the Home Price Expectation Survey. For sellers, one of the messages is, if it makes no difference to you selling now or in 4 years, you should wait. Prices are expected to be up by about 19% by Read More

HOUSE SALES STRONG IN DELCO AND CHESCO; PRICES STILL MODEST

HOUSING MARKET REAL STRONG NATIONALLY; DELCO AND CHESCO, SOME MARKET SEGMENTS UP EVEN MORE -SOME NOT SO MUCH. DETAILS BELOW. Earlier this week, the National Association of Realtors (NAR) released their latest quarterly report. The report covered three important aspects of the housing market: Buyer Demand Supply of Housing Inventory Read More

HOME OWNERSHIP INCREASES NET WORTH BY A LOT

ANOTHER INTERESTING LOOK AT FAMILY NET WORTH, DEPENDING ON WHETHER THE FAMILY IS BUYING OR RENTING. BUYERS/HOMEOWNERS HAVE A BUILT IN ADVANTAGE IN THAT INCREASES IN THEIR HOUSE VALUE TRANSLATE TO INCREASED NET WORTH. INCREASES IN RENTAL PROPERTY VALUES ALSO TRANSLATE INTO INCREASED NET WORTH, BUT ONLY FOR THE LANDLORD. Read More

HOUSE VALUE MELTDOWN IS OVER

AFTER THE HOUSING VALUE MELTDOWN THAT WE SAW FROM 2006 THROUGH 2011, THERE IS UNDERSTANDABLE RELUCTANCE TO BUY A HOUSE.  However, the big meltdown is probably behind us and should not recur in the foreseeable future. Is there some risk? Absolutely, but buying that first house or making a move Read More