2018 Delaware Housing Market: Real Estate Market Predictions

 Many people are curious about what the Delaware housing market is like and about what it’s like to live in this state. In order to understand that, though, you have to first understand Delaware itself.Delaware is close to Maryland, Pennsylvania, and New Jersey, making it a great place to live if you are someone who likes to travel and wants to be within easy access of other states.It also has a rich historical and cultural heritage. … [Read more...]

2015 Delaware Housing Market Predictions

The Delaware housing market is not only stepping up and showing some positive changes, but also presenting itself as a socio-economically conscious domain in a state where there seems to be a real preoccupation for balance and support. If Delaware’s possible evolution back in 2013 was seen in a rather pessimistic light, the state fared better than many of its neighbors from an economic point of view.  The three counties of Delaware, the state … [Read more...]

2013 Delaware Housing Market

Experts predict real estate markets in the northeastern United States will perform poorly compared to the rest of the country in 2013. Among these, Delaware, New Jersey, eastern Pennsylvania, Connecticut, and downstate New York are expected to be perform the most weakly. However, many Realtors tout Delaware as an excellent real estate market for prospective primary or second homowners owing in part to its proximity to New York City, … [Read more...]

Worst Housing Markets 2012

Little by little even the worst U.S. housing markets forecast for the year are getting better. The hardest hit 25 cities projected by Housing Predictor in 2012 have had some major changes, including the elimination of Las Vegas, Nevada as Sin City makes its way back from the worst real estate crash in the nation’s history. Home sales have been soaring in Las Vegas for six months and home prices are on their way up in many areas, despite a … [Read more...]

2011 Delaware Housing Market

Troubled by the banking industry and its former appetite to take excessive risks, Delaware's housing markets are in the midst of one of the nation's toughest real estate crashes even after the federal home buyer tax credit increased home sales for a time. The collapse of the housing market is especially hard hit in the southern half of the state, where foreclosures are climbing amid record mortgage defaults. The scene in southern Delaware … [Read more...]

Home Price Appreciation Jumps 2.5% for Year

By Mike Colpitts For the fourth straight month home values have increased in appreciation across the U.S., according to real estate research firm CoreLogic. Prices increased 2.5% in June compared to a year ago in the 100 largest metro areas the company tracks. On a month-over-month basis, including foreclosure and short sales, home price appreciation rose 1.3% in June compared to May 2012. The company’s forward looking Home Price Index shows … [Read more...]

Housing Index Shows Upward Trend

By Mike Colpitts Home prices declined an average of less than one-percent in the U.S. on a year to year basis through the end of March, according to a heavily watched housing price index indicating an upward trend for the marketplace. The CoreLogic index showed that prices were down 0.6% from one year ago, including distressed properties, which are foreclosures and bank assisted short sales. The index monitors 100 of the nation’s largest … [Read more...]

2012 Delaware Housing Market

Occupy Wall Street protestors in one Delaware community are so upset with the massive foreclosure crisis that they are disrupting sheriff foreclosure auction sales. The Occupy Delaware protestors stood as the sale was about to start at a New Castle County sheriff’s sale and read a prepared statement demanding a halt to the home sales until banks work with homeowners to resolve their differences. The housing market in Delaware will continue … [Read more...]

Feds Launch Mortgage Task Force Investigation

By Mike Colpitts More than three years after announcing he would launch a federal task force to investigate the mortgage crisis, President Barack Obama has finally launched a federal probe into the U.S. largest financial institutions. New York Attorney General Eric Schneiderman, who pulled his state out of the 50 state robo-signing investigation, sent subpoenas to the largest banks to start the investigation. The president announced the … [Read more...]

Banks Mortgage Settlement Hangs in Jeopardy

By Kevin Chiu A proposed settlement between big money mortgage giants and U.S. states hangs in jeopardy after Delaware rejected the settlement as an unfair deal for homeowners. State Attorney General Beau Biden broke with fellow AGs rejecting the settlement. The proposed settlement between the attorney generals would dedicate $17-billion from lenders to go towards reducing mortgage principal for struggling homeowners. Another $5 billion … [Read more...]