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Billie Chubb & the Chubb Realty Group, REALTOR®, real estate agents and broker for North Wilmington, Wilmington, New Castle County and Hockessin Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Pricing >Market Trends

Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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What criteria determines the hottest real estate markets?

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Job/personal income growth; population/household growth; housing affordability/appreciation; and current inventory of homes for sale.
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Billie Chubb & the Chubb Realty Group, REALTOR®, real estate agents and broker for North Wilmington, Wilmington, New Castle County and Hockessin Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

Billie Chubb & the Chubb Realty Group
RE/MAX Associates

2900 B Concord Pike
Wilmington, DE. 19803
Phone : 302-388-8699
Phone 2: 302-478-6425
Fax: 302-478-8116
Email: billiechubb@NUMBER1EXPERT.com

“Growing up, I learned the importance of determination and hard work - and I've been putting it to use ever since. I'm dedicated to working for my community and helping people make the best decisions about their most important investment." Simply stated by Billie herself, her mission is to not only provide excellence in real estate services but also to make an impact in the lives of her clients and the community.

MLS REALTOR


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