My New Blog

By now things are beginning to slow down for most of us after the Christmas Holidays.  After Jan. 1, we begin to think now is the time to make some decisions, resolutions or changes.  Many people who have been waiting for the best time to buy will begin to realize that time is now.  Real Estate is a long term investment and there is no such thing as a bad market.   In fact, 2007 existing home sales surpassed those of 2002.  Today, you have more choices and favorable interest rates.  I can help you put together a good deal that will provide an investment in home ownership with all the good things that go along with that.

Some interesting statistics on Housing Units, household income, home values, per capita income and median age in New Castle County, Delaware comparing the years 2007 and 2012.  New Castle County is one of the most desirable areas on the east coast.  Too many amenities to mention here.  Call me for any of your New Castle County Delaware real estate needs. 

Information from Costvsvalue report 2007

2007 Housing Units             214,716

    Owner Occupied Units        67.6%

    Renter Occupied                26%

    Vacant Units                    6.4%

Projected:

2012 Housing Units            225,842

    Owner Occupied Units        67.2%

    Renter Occupied                25.9%

    Vacant Units                       6.9%

Median Household Income

2007                                $67,164

2012 Projected                   $80,144

Median Home Value

2007                                $266,433

2012 Projected                  $330,320

Per Capita Income

2007                                $32,931

2012 Projected                  $40,412

Median Age

2007                                36.6

2012 Projected                  37.3

New Castle (DE) County
2000 Households by Type
Total	188,935
Family Households	67.3%
Married Couple Family	49.6%
With Related Children	23.8%
Other Family (No Spouse)	17.6%
With Related Children	11.6%
Nonfamily Households	32.7%
Householder Living Alone	25.7%
Householder Not Living Alone	7%
Households with Related Children	35.5%
Households with Persons 65+	21.8%

Call me or e-mail me anytime.

Larry Tims