Category: Real Estate

February 18, 2013

Happy President’s Day

Today’s Food for thought is from George Washington:  Arbitrary power is most easily established on the ruins of liberty abused to licentiousness.”  (Fred)  “Do drone strikes and surveillance come to mind?”

Fred’s Pick of the Day is MLS # 599030-$569,000.  A Dagsboro, DE Contemporary with 3 BR, 2.5 BA on .71 acres, a stunning kitchen, 2 fireplaces, a multi-level Patio, and backs up to Vines Creek (tidal wetlands) with great views of local wildlife.  Call me @ 302 258-6893 to see this home.February 18, 2013

February 13, 2013

Today’s food for thought is from Herbert Stein:  “If something cannot go on forever, it will stop.”  (Fred)  “This is a no brainer unless you are a member of the US Congress, they don’t think like anyone I know.”

Fred’s Pick of the Day is MLS 3 601515-$149,900.  A 3 BR, 2BA Rancher in Greenwood, DE is move-in ready with new paint, new StainMaster carpet, and the SS appliances make the kitchen shine.  The adjacent 1 acre lot can be added for only 20K.  Call me @ 302 258-6983 to see this gem.February 13, 2013

February 8, 2013

Today’s food for thought is from Debbie Hammond:  “A true measure of an individual is how he treats a person who can do him absolutely no good.”  (Fred)  “Most people ignore these people, but they should be treated equally as no one knows what the future may bring.”

 

Fred’s Pick of the Day is MLS # 599431-$134,900.  Here is a Doublewide Rancher in Country Acres, Seaford, DE, that has 3 BR, 2 BA, in 1560 sq. ft. on .62 acre that has a fenced back yard, covered deck, soaking tub, kitchen island, and built-in bookcases.  Call me at 302 258-6983 to see this home.February 8, 2013

February 5, 2013

Today’s Food for thought is from James Freeman Clarke:  “A politician thinks of the next election, a statesman, of the next generation.”  (Fred) “Short sightedness is the curse of the now generation.”

Fred’s Pick of the Day is MLS # 599821-$389,000.  An Equestrian Ready, Quiet, Rural Estate in Milton, DE has 3 BR, 2.5 BA, in 2780 sq. ft., on 2.24 acres, with a gourmet kitchen, fireplace and a large pole building.  Call me to see this home at 302 258-6983.

February 5, 2013 February 5, 2013

February 4, 2013

Today’s food for thought is from Chief Joseph:  “I am tired of talk that comes to nothing.”  (Fred)  “The American people are tired of that too, coming from our politicians.”

Fred’s Pick of the Day is MLS # 597592-174,900.  This brick Colonial in Lincoln, DE has 3 BR, 2 BA in 2192 sq. ft. on .53 acre, plus a matching 2 car detached garage, front and side porches, a brick patio, and 2 fireplaces.  Call me @ 302 258-6983 to see this home.

February 4, 2013

January 13, 2013

Happy Martin Luther King Day!

Today’s food for thought is from Charles Goodyear:  “Life should not be estimated exclusively by the standard of dollars and cents.”  (Fred)  “Satisfaction of you life’s accomplishments is worth more that money.”

Fred’s Pick of the Day is MLS # 599161-$219,000.  This Seaford, DE Colonial has 3 BR, 2 BA, in 1800 sq. ft. on .73 acres and has a gas fireplace, wet bar, large eat-in kitchen, a formal dining room, a large composite deck in the rear, and an outbuilding.  Call me @ 302 258-6983 to see this home.

January 21, 2013

January 15, 2013

Today’s food for thought is from Buddha:  “He is able who thinks he is able.”  (Fred)  “I suspect this could be in error for some people.”

Fred’s Pick of the Day is MLS # 593465-$499,900.  A to be built home in the Peninsula, Long Neck, DE, this large home has 4BR, 3.5 BA on .24 acre.  The community has Golf, Beach and Pier on the Bay, outdoor wave and indoor pool, tennis, trails and much more.  Call me to make this home yours at 302 258-6983.

 

January 15, 2013

January 14, 2013

Today’s food for thought is from Benjamin Franklin:  “The doors of wisdom are never shut.”  (Fred)  “Wisdom is the sum of your successes and your failures with the correct interpretation.”

Fred’s Pick of the Day is MLS # 598242-$149,900.  A home in Beaver Dam Heights, Seaford, DE has 3 BR, 1 BA, in 1500 sq. ft. on a .38 acre wooded lot.  An updated rancher with a screened rear porch and taxes are only $684/yr.  Call me to see this home @ 302 258-6983.

January 14, 2013

January 8, 2013

Today’s food for thought is from Abraham Lincoln:  “Better to remain silent and be thought a fool than to speak out and remove all doubt.”  (Fred)  “Good advice”

Fred’s Pick of the Day is MLS # 587110-$199,900.  Here is a large well maintained Split-Level in Devonshire Woods, Seaford, DE, which has 3 BR, 2.5 BA on .35 acre.  The landscaping is well done and the home has a new roof.  Call me to see this home @ 302 258-6983.January 8, 2013

5 More Housing Trends to Watch

Yesterday, I posted three housing trends for 2013, and to follow up I have five more to keep your eye on:

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Yesterday, I posted three housing trends for 2013, and to follow up I have five more to keep your eye on:

1.  Rise in First-Time Home Buyers.  The pocket of first-time home buyers that helps to drive the market has been steadily increasing over the past twelve months, and looks like it will continue to do so in 2013.

2.  Rising Mortgage Rates.  Mortgage rates have been historically low throughout 2012, but that dream world can’t last forever, so watch for interest rates to climb back up to average 4% or more in 2013.

3.  Easier Credit Standards.  Currently, only the best FICO scores qualify borrowers for a mortgage, but that should start changing in 2013 as lenders have to compete to provide loans to qualified buyers.

4.  Rising Construction Costs.  New home construction prices will be on the rise in 2013, as contractors can be expected to increase their prices to cover costs.

5.  Sales Will Rise.  Home sales were up in 2012 for the first time in awhile, and should continue to do so in 2013.  Some reports estimate that home sales will grow as much as 10% in the coming year.

Thinking of buying or selling a home in Sussex County?  Give us a call at Cooper Realty Associates and put us to work for you – 302-644-2266.

Three Housing Trends for 2013

Based on a variety of surveys, here are three trends in the housing market to look for this coming year:

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Based on a variety of surveys, here are three trends in the housing market to look for this coming year:

1.  Rising home prices.  Five years after the housing market bottomed out, home prices started rising toward the end of 2012 in many markets, and seem on track to continue in that direction, with the National Association of Realtors (NAR) forecasting that home prices will rise 5-6% in the coming year.

2.  More short sales.  As of November 1st, the Federal Housing Finance Agency (FHFA) issued new rules on short sales, making short sales more accessible to both buyers and sellers.  That’s not to say that short sales will become significantly easier, but they should be more plentiful in 2013.

3.  Fewer foreclosures.  As short sales rise this year, you can expect to see foreclosures, especially at bargain prices to fall.  The FHFA and banks are selling off distressed home loans through other methods so you can expect to find less foreclosures flooding the market.

Thinking of buying or selling a home in Sussex County?  Give us a call at Cooper Realty Associates and put us to work for you – 302-856-6434.