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This week top real estate agent, Barry Godfrey, of Home Finders Real Estate, provided the association with market conditions and suggestions to benefit buyers for Wilmington, Deleware, and surrounding areas. This broker is licensed in 3 states including Delaware, Pennsylvania, and Maryland.
The report, based on his knowledge and over 20 years of experience in the area may be found on the agent directory page at http://buyeragentsearch.com/associations-and-real-estate-agents/missouri-buyers-agents/
Skyfor’s conducted the interview in an effort to assist a potential home buyer seeking a property in the 200,000 range for a single family home in Wilmington. The broker reported that it is a strong seller’s market in many of the cities he serves, which include:
DE: Bear, Bellefonte, Brandywine Hundred, Centerville, Claymont, Dover, Glasgow, Greenville, Hockessin, Lewes, Middletown, Newark, New Castle, Rehoboth, Rehoboth Beach, Smyrna, Wilmington. He covers basically all cities in New Castle, Kent and Sussex counties in Delaware
Other areas served by this agent include:
PA: Bethel, Birmingham, Boothwyn, Chadds Ford, Concord, Concordville, Kennett Square, Mendenhall, West Chester
MD: Appleton, Cherry Hill, Chesapeake City, Elk Mills, Elkton, Fair Hill, North East, Rising Sun, Singerly
This agent reports that the average price of a home in Wilmington Delaware is $270,000, and that good homes are being sold quite quickly due to low inventory in this town and surrounding areas.
Godfrey’s report on tips for buyers who wish to compete in this sort of market is simple. He advises that buyers hire an agent who specializes in only working for buyers and who can provide custom tips on a per home basis. The report claims that sellers are sometimes being unreasonable because they have heard that there is low inventory and that homes sell quickly, but that he will not advise his clients to purchase an over-priced home.
Skyfor has an agent directory for all 50 states and is accumulating market conditions data in major metropolitan areas so buyers are better prepared for the reality of strong seller markets. These conditions of low inventory and escalating prices are being found in even the traditionally more balanced and affordable markets in the Midwest such as Saint Louis. For access to market conditions, current tips from top buyers agents on how to beat out the competition in these multiple-offer situations, and state agent directories, see http://buyeragentsearch.com.
Release ID: 336916