It’s Either a Tear down or A Remodel Older homes that served our grandparents and parents well may appear poorly planned for today’s families. They tend to be smaller with narrow lots, closed-off kitchens, and fewer bathrooms and bedrooms. On the other hand, older homes tend to offer character and quality craftsmanship that is unmatched … Continue reading Tear Down or ReModel?
This Month’s Market Watch Analysis Here is our analysis of the real estate market in Sussex County, Delaware. Statistics used here are based on Single-Family home sales through the end of June 2019, derived from the Bright Multiple Listing Service. They do not comprise all home sales in the market. Active Listings/Current Inventory As of … Continue reading Current Real Estate Market Conditions for Sussex County, DE
What You Should Know Before Co-Signing a Home Loan Many home buyers need help from friends and family to qualify for a home loan through co-signing. Of home purchase loans in the U.S. during the second quarter of 2017, 22.8 percent included a co-signer, up from 21.3 percent in the second quarter of 2016—according … Continue reading What You Should Know Before Co-Signing a Home Loan
Current Market Conditions For Sussex County, DE (as of 5/31/2019—based on sales of single-family homes) Total Single Family Homes on the Market as of 5/31/2019 2,066 Up 2% from last month Inventory Breakdown: Resale Homes—74% New Const.—26% Total Single Family Homes Sold Current Year 1,442 Total Single Family Homes Sold Previous Year 1,411 % Change … Continue reading Current Market Conditions For Sussex County, DE
American households today are poles apart from those in recent years, as living arrangements continue shifting to accommodate adult children, aging parents, and the generation between them. This change, according to the National Association of Insurance Commissioners (NAIC), can impact your insurance needs. “Longer life spans, decisions to marry later and the tight job … Continue reading Mom, Me and Junior: Insuring a Multigenerational Household
Crossing the threshold to your first home is one of the most exciting moments in a young person’s life… until that first mortgage payment is due. Then the heating bill. And the electric. And the taxes. Let’s face it. Home ownership can be pricey, especially when you’re a newbie. For those still adjusting to … Continue reading How New Homeowners Can Save Money
SELLERS TAKE NOTE – FORM 5403 Effective Jan 1, 2019 The Delaware Division of Revenue has revised Form 5403, Declaration of Estimated Income Tax, effective for any transactions occurring after January 1, 2019, regardless of the contract date. The new form requires the Seller to fill out section 6 of the form, unless they are … Continue reading SELLERS TAKE NOTE – FORM 5403 Effective Jan 1, 2019
Rick Allamong has recently joined Barbara Morales Associates, a BeachByBabs Company, as a Buyer’s Agent at Berkshire Hathaway HomeServices Gallo Realty. A REALTOR® since 1995 and affiliated with Gallo Realty since 2011, Rick Allamong will work as a buyer’s agent along with Joan Wallace and Gail DiBona. “I’m delighted to have Rick join our hard-working team. Rick’s past experience and successes will benefit our … Continue reading Rick Allamong joins Barbara Morales Associates