The Latest Word in Real Estate
Patterson-Schwartz Real Estate

May 2010, Buyer/Seller Edition


Welcome to the Spring edition of "The Latest Word in Real Estate". In this edition we have included our review of our local real estate markets; New Castle County, Kent County, Delaware, Southern Chester County, Pennsylvania and Cecil County, Maryland. Understanding the current real estate market is a good place to start if a home purchase or sale is in your plans for 2010. Please give me a call or email, I would welcome the opportunity to share with you more of the trends and analysis of the various segments of our market area.

Monthly Spotlight

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New Castle County, DE Housing Report

Buyers have begun to return to the market taking advantage of the affordable supply of homes for sale, low mortgage rates, and the extension and expansion of the home buyer tax credit.

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Kent County, DE Housing Report

Although “old man winter” disrupted just about every business, the 1st quarter of 2010 ended with an increase of 27% in the number of sold properties compared to this time last year.

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Cecil County, MD Housing Report

Despite the disruption in business due to the record area snowfall, the housing market in Cecil County rebounded and ended the 1st quarter of 2010 with an increase of 29% in the number of properties that went under contract compared to this time last year.

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Southern Chester County, PA Housing Report

Despite the area winter storms, buyers returned to the Southern Chester County market during the 1st quarter of 2010 as new contract activity ended up 26% (40 units) ahead of this time last year.

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Information comes at us from every angle, but how do you know what is good and what is bad? Look to the experts when it comes to home buying and selling. As a Patterson-Schwartz Sales Associate, I combine the resources of the area's leading residential real estate company with my personal business expertise. I look forward to the opportunity to put my skills to work for you.