Appraising in Delaware, the Blog...

The printing continues and the market responds.  The US followed the Europeans but launching a plan to directly invest in banks.  Now is the time to find out what your property is worth.  For investors, now is the time to find out what that income property you have been watching is worth.  Call us at (302)424-7550 and find out more.

Below are several links to articles about the investment in banks.

Washington Post Story

Marketwatch.com

This morning the market jumped for a moment on the report that new homes sales rose 2.7% in August.  The report attributed lower prices to the rebound in sales.  Overall prices are still down from 2007.  Here are a few links to articles:

• money.cnn.com
• reuters

So stop reading this and go out and buy a new home!  Stay Positive!

I was looking at the net and doing a Delaware Real Estate search and came across a neat article from the San Francisco Chronicle. click here  The story talks about several people from various parts of the country who felt the need to move away from the small towns they grew up in. Each of these Americans decided to return to their hometown to buy property. 

One of the people, Tricia Dieringer of Lewes talks about why she purchased a home in the Rehoboth area.  Tricia like many people, loves the feel of her hometown and that makes it a perfect match for a retirement/second home. 

Right now is a great time to buy that retirement property.  In the Sussex County area, deals are everywhere.  Go out this weekend, enjoy Sea Witch in Rehoboth and make sure to check out the properties for sale.  You may be suprised. 

Today Bank of America agreed as part of a settlement with 11 states to offer relief for 400,000 borrowers.  The $8.4 Billion deal comes just days after the US govenrment approved a $700 billion bailout that included tons of pork.  So much pork that no room could be found for forclosure assistance.  Wooded arrows made the cut.  Check out the NY Times article here.  For another view, read the Reuters article here 

As always, we are on the hunt for positive news about the Real Estate market, financial markets, or local Kent county / Sussex county updates.  Send yours today!