Delaware Valley Real Estate - OnPoint with Letitia Stevenson


Has There Ever Been a Better Time to Buy a Home? (Delaware Valley Real Estate - Northern Delaware)

Has There Ever Been a Better Time to Buy a Home?

(Delaware Valley Real Estate - Northern Delaware)


While Northern Delaware (Wilmington DE-MD-NJ Metro Area) house prices have declined since the peak of the market (down 13.74% since 2006*), prices have appreciated over the past ten years (up 58% since 2000*) and housing (in my opinion) has become the most attractive asset class in America, especially for investors, as well as, home buyers looking to stay put for a while.


You may be asking yourself: "Has There Ever Been a Better Time to Buy a Home?" Well, there is a time for everything, including buying a home. But how do you know if the time is right for you? In the Fall/Winter 2011 issue of The Chairman's Report (Northern Delaware Edition), Larry Flick, Chairman and CEO of Prudential Fox & Roach REALTORS, looks at several ways of answering this question using regional market trends.


*Source of Above Data: Case-Shiller Home Price Index. Single-Family Aggregate Index, 2000Q1=100), SA (Wilmington DE MD NJ Metro Area Counties: New Castle, DE, Cecil, MD, Salem, NJ). 


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 Letitia Stevenson, REALTOR®  | Licensed in DE, PA & MD |  

Berkshire Hathaway HomeServices Fox & Roach, REALTORS® 

(Formerly Prudential Fox & Roach, REALTORS®)

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Delaware Valley Real Estate and Homes for Sale:

Aston | Avondale | Bear | Berwyn | Chadds Ford | Chester County | Delaware County |Garnet Valley | Greenville | Hockessin | Kennett Square | Landenberg | Lincoln University |Media | Montgomery County | New Castle County | Newark | Newtown Square | North Wilmington | Oxford | Philadelphia County |  Villanova | West Chester

Luxury Collection:  

New Castle County ($750K+) | Chester County ($1M+) | Delaware County ($1M+) | Montgomery County ($1M+) | Philadelphia County ($1M+)

Comment balloon 5 commentsLetitia Stevenson • October 28 2011 02:34PM


In Michigan - Such a great time to buy.  Interest rates at an all time low and houses priced competitively for all buyers and investors.  Banks still offering 0 down programs for those who qualifiy and need assistance.

Posted by Kathy Toth, Ann Arbor Real Estate Experts - Kathy Toth Team (Ann Arbor Market Center Keller Williams) about 7 years ago

Hi Leticia,

Thanks for your "welcome" post. I LIKED your FB page. Perhaps you could LIKE mine

Learning and looking as this is new to me. Let's stay in touch. We have family in Wilmington. Small world.

Sarasota Suze

Posted by Susan Phelps (Cristello & Company) almost 7 years ago

Letitia,  Thanks for the words of encouragement.  I do like your Blog page.  It is something I need to work toward.

Posted by Vince Chinell, CPI (VICO Home Inspection) almost 7 years ago

Always enjoy seeing what is going on and blog posts from different areas of the country. Have a wonderful Sunday

Posted by Tom Braatz Waukesha County Real Estate 262-377-1459, Waukesha County Realtor Real Estate agent. SOLD! (Coldwell Banker) over 6 years ago

Great post! Excellent words of encouragement!



Posted by Adam Malachi, QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR (A 2 Z Realty LLC) over 6 years ago