A segment of the population believes things are in such bad shape today that the only way to preserve economic value is to stockpile gold, tent pegs and sandwich makings. In this view, nothing else has value and it's entirely possible that values will fall …
Home prices have taken such a beating and demand for rental units has increased so much that it's now cheaper to buy a two-bedroom home than to rent …
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Most experts would advise that the best way to increase your odds of a successful sale is to price your home at fair market
value. But, as logical as this advice sounds, for many sellers it is still tempting …
Bloomberg Businessweek ranked Wilmington as number 7 on its list of 25 Most Fun, Affordable U.S. Cities. Its hot on the heels of the late-July announcement from online travel giant Orbitz that ranked Wilmington as their top destination for late-summer beach bargains in the U.S., Caribbean and the …
According to data recently compiled by the Wilmington Regional Association of Realtors, home sales improved slightly in the second quarter over the first quarter of 2011. The average sales price rose by 5 percent. The average listing price for sold properties increased by 3.8 …
You know you’re entitled to a free credit report from each of the three U.S. credit bureaus each year (go to: www.annualcreditreport.com). Now you can get more insight into the lending process. As of July 21, 2011, if
you get turned down or don’t get …
You probably think it won’t happen to you but weather research indicates over 500 people are struck by lightning each year. When you’re outside and a storm comes up, as soon as you hear thunder, there’s an immediate lightning danger. Protect yourself by knowing the myths from the …
Q. What is a CLUE report?
A. The Comprehensive Loss Underwriting Exchange (CLUE) is a national insurance industry database of personal property claims. Insurance companies use it to underwrite or rate new policies. Whether you are selling or buying a home, you should talk to your REALTOR …
There are many factors that affect our current housing market in a positive fashion today such as the 30 year fixed mortgage rates near historic lows of 4.52% (Freddie Mac-7/21/11). The NAR’s housing affordability index has reached its highest point during 2011. Current release Most importantly …
Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago. …