DIANE & DAVE ILIFF, REALTORS®

Real Estate Update

Below is our First-Quarter 2010 analysis of our local real estate markets; New Castle and Kent County, Delaware, Cecil County, Maryland and Southern Chester County, Pennsylvania. Please give me a call or email if you have real estate questions - I welcome the opportunity to share with you more of the trends and analysis of the various segments of our market area.

• New Castle County, DE

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.  read more
• Kent County, DE

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. read more
• Cecil County, MD

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.  read more
• Southern Chester County, PA

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.  read more