The worst price declines in 2011...

In a list published by Inman news today, the areas with the largest price declines in 2011 were cities in Michigan, Florida, California, and Georgia.  Delaware was no where close to making this list based on how well values are holding here in our local market.  Interestingly enough, Pittsburgh, Pennsylvania was ranked in the top 9 markets in the country for rising real estate values.  That is a good sign so close to home. 

Real Estate Tip: Deal with the Defects

If you are selling a home, the buyers will probably include a home inspection clause in the offer. This will allow them to hire an expert to make sure that the house is structurally sound and all the systems are working properly.

The time to get ready for the home inspection is before you sell your house! Owners usually know about most of the defects in their house, such as plumbing or electrical problems or leaks that occur when it rains. When you decide to put your home on the market, you should repair any defects immediately. Most purchase agreements require sellers to convey the property with all systems and appliances in working order. You won't save money by delaying repairs, and buyers may be frightened away by an inspection report that contains a long list of needed repairs.

Eliminating maintenance as a potential issue in the sale can help you ensure that the transaction goes as smoothly as possible. This is especially important when there is active construction of brand-new homes in the area.

New Listings at Legacy at Odessa National

We have new listings and pricing for 2012 within Legacy at Odessa National - Delaware's premier 55+ retirement community!  Call Erik for more information and great savings.

Marketed by Erik Hoferer & Associates
Direct 302 299-1111 or 610 268-5727

Erik JUST SOLD Another One!

29 Stone Tower Lane in Wilmington

Second agent to list it.

First one to get it sold.

Same asking price.

Your agent matters...

We have another happy client and new friend.  Life is good.

Marketed by Erik Hoferer & Associates
Direct 302 299-1111 or 610 268-5727

Quick Delivery Home in Hazel Farm

THIS HOME IS AVAILABLE NOW! Dover's best priced single family homes in an amenity-filled community. Hazel Farm's neighborhood amenities include a clubhouse, pool, tennis court, basketball court, a tot lot and 45 acres of open space.

The VENICE celebrates easy living with style and grace. A welcoming foyer leads into a formal room, which can be used as a living room or dining room. A hallway is flanked by a convenient powder room on one side and stairs leading up to the 2nd level. Through the hallway, the magnificent great room awaits. The dining area and kitchen flow right from the family room. The large kitchen boasts a walk-in pantry, ample cabinetry and a gourmet island. A convenient mudroom accesses the two-car garage. Upstairs, four spacious bedrooms await, with two bathrooms including a large owner's bathroom. The laundry room is discreetly tucked away on the upper level.

Marketed by Erik Hoferer & Associates

Direct  302 299-1111 or 610 268-5727

A Quick Delivery Opportunity...

IMMEDIATELY AVAILABLE! Delaware’s #1 Homebuilder presents Worthington, which offers the lowest priced new garage townhomes in Smyrna, DE. The BEETHOVEN is a townhome that lives like a single family. On the main level, a huge Country Kitchen provides plenty of room for cooking and entertaining, and is open to a large Living Room over a breakfast bar and a 8x10 deck. The upstairs offers three bedrooms and two full baths. The owners bedroom includes a walk-in closet and an upgraded owners bath with combination soaking tub and shower. This floor plan features a convenient second floor laundry closet with room for side-by-side washer/dryer and a storage shelf. The entry level offers more living area with a finished Recreation Room and powder room. AVAILABLE NOW!

marketed by Erik Hoferer & Associates
Direct:  302 299-1111 or 610 268-5727

Looking to invest in real estate? Here is a great way to get started!

Ryan Homes offers a great investment opportunity for the new Florence model home at Goldsborough Farm. Ryan Homes will lease the model back from the buyer for $2,500/month for a 12 month term (and month to month thereafter). What a great way to create cash flow while you're waiting to move into your new home! The community is located in the Appoquinimink school district and is close to shopping and daily conveniences in downtown Middletown.

Marketed by Erik Hoferer & Associates
Direct:  302 299-1111 or 610 268-5727