Market Continue to Improve

Market sats from Trend show some good news!For single-family homes in New Castle County, inventory has been reduced more than 10 per cent over the past year, from 3,384 to 3,012. Settlements are up, too, from 380 in October, 2008, to 400 last month. Meanwhile, the median price has sagged slightly, from $226,000 to $220,000.

in reference to: Home - TREND (view on Google Sidewiki)

Mortgages - F.H.A. Reaches Out to Condo Buyers - NYTimes.com

Good news for a troubled segment of the market!
Mortgages - F.H.A. Reaches Out to Condo Buyers - NYTimes.com

A Little Clutter Sometimes Helps

A few decades ago, Jane Jacobs wrote a whole book on what amkes a city ticket. Not grandiose planning, she wrote, not vast, empty malls framed by express roads The life of great cities reflects al the clutter and confusion and sometimes purposeful activity of the people who live and work in them. You can get most anything you want in a great city, sometimes within easy walking distance.

I suppose it flatters Wilmington to call it a great city, or even what remains of a great city. It always felll a litle shy of that mark, even in the days (not too long ago) when more than 100,000 souls called it home, and not just during working hours. Its proximity to Philadelphia propably had something to do with that. The big hitters of business and culture, like the big ships on the Delaware, passed by on their way to Philadelphia.
Philadelphia had big-league teams like the Phillies and the Eagles; Wilmington had the Blue Rocks and the Clippers.

in reference to: Op-Ed Columnist - What Makes Cities Live - NYTimes.com (view on Google Sidewiki)

Not on THIS List!

Today's news about the Valero refinery shutdown is one more reason why you won't be finding the Wilmington market on lists like this any time soon..

in reference to: http://www.forbes.com/2009/11/19/cities-recovery-unemployment-lifestyle-real-estate-top-ten.html?feed=rss_forbeslife_realestate (view on Google Sidewiki)