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  New Castle County Home Values- a Brief History September 2011 For the U.S. as a whole, home prices were around 2.9 times incomes from 1985 to 2000.   As income grew during this period, home prices also increased in line with income.  This is the type of market most people refer to as "normal". During the housing boom, values increased at a much faster rate than incomes. The Continue Reading about New Castle County Home Values September 2011

The Impact of Distressed Properties on the Market New Castle County Delaware had 3294 closed properties Year to Date in September 2011. Of those 3294 properties, 279 were short sales or approximately 8.5% and 490 or 14.9% were REO's or Bank owned properties which puts the year to date total percentage of distressed properties at 23.4%.  Distressed properties are defined as properties that are Continue Reading about REO’s, Short Sales and The Delaware Real Estate Market September

  New Castle County DE This is the market report for New Castle County DE for September 2011. It covers all homes in the New Castle County Delaware real estate market.  All data is from the Trend MLS. In September 2011, New Castle County had 389 closings at a median sale price of $194,250. In September 2010, New Castle County had 293 closings at a median sale price of $208,000. In Continue Reading about New Castle County Delaware Real Estate Market September 2011

New Castle County Delaware Real Estate Market August 2011 New Castle County DE Real Estate This is the market report for New Castle County DE for August 2011. It covers all homes in the New Castle County DE real estate market.  All data is from the Trend MLS. In August 2011, New Castle County had 426 closings at a median sale price of $204,450. In August 2010, New Castle County had 345 Continue Reading about New Castle County DE Real Estate

New Castle County Home Values New Castle County Home Values- a Brief History For the U.S. as a whole, home prices were around 2.9 times incomes from 1985 to 2000.   As income grew during this period, home prices also increased in line with income.  This is the type of market most people refer to as "normal". During the housing boom, values increased at a much faster rate than incomes. The Continue Reading about New Castle County Home Values

REO's, Short Sales and The Delaware Real Estate Market The Impact of Distressed Properties on the Market New Castle County Delaware had 2904 closed properties Year to Date in August 2011. Of those 2904 properties, 247 were short sales or approximately 8.5% and 436 or 15% were REO's or Bank owned properties which puts the year to date total percentage of distressed properties at 23.5%.  Continue Reading about REO’s, Short Sales and The Delaware Real Estate Market ( The Impact of Distressed Properties on the Market)