John Talley's (jtalley) Blog

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Real Estate Agent - Hockessin, Newark, Bear, Wilmington, Middletown, Brandywine
RECENT BLOG POSTS
My last blog post - a year ago (!) - was all about rising interest rates. So, I'm grown-up, I can admit when I'm wrong. Interest rates continue at more than historic lows. My GRANDFATHER told me he bought his first house at 3%. Contrast that with my dad who mortgaged the home I grew up in in Ohio...
04/17/2012
Mortgage interest rates are on the rise.  I've been preaching this for some time now (see my blog post of February 21, 2011) but the Federal Housing Finance Agency has made it official:  the average mortgage interest rate hit 5.06% for the month of March.  The last time the rate was as high as 5...
04/26/2011
  Real Estate Market Trends In New Castle County Delaware – Part One As the spring market starts winding up, my clients and friends are asking me about real estate market trends in New Castle County.  I thought I would dedicate some posts on my blog to shed a little light on the topic.  This is t...
04/21/2011
Current real estate market trends in Delaware, Pennsylvania and New Jersey are a buyer’s dream. It’s useful for buyers relocating to any city in the tri-state area to evaluate real estate market trends in the area as a whole. Anyone relocating from the west coast, say, to Philadelphia will likely...
03/28/2011
College students across the country are familiar with the ritual of checking the professors' bulletin boards for one's test scores and class standing to be posted - always discreetly by student ID. The National Association of Realtors has recently posted the scores, so to speak, of the individual...
03/23/2011
A recent statement by NAR (National Association of Realtors) Chief Economist Lawrence Yun is revealing: "Housing affordability conditions have been at record levels and the economy has been improving, but home sales are being constrained by the twin problems of unnecessarily tight credit, and a m...
03/22/2011
When I was a little boy, four years old I think, I saw "The Wizard of Oz" for the first time. It frightened me so much that I hid behind the couch, peeking every so often over the back of it to try and follow along. Something about those flying monkeys gave me such a case of the heeby jeebies. I'...
03/17/2011
So, the Feds famous (or infamous, depending...) Beige Book is out with current trends on all things economic in the country. The overall consensus appears to be modestly positive. The caveat is that the real estate market is still moping along. Kerry Curry, writing in the Housing Wire e-zine make...
03/03/2011
Warren Buffet has announced that we've hit the bottom of the housing market - it's all going to get better now. (You can read the article here: http://timandjulieharris.com/2011/02/28/warren-buffett-predicts-housing-recovery-this-year-has-housing-hit-bottom/#comment-35393) Is he trying to create ...
03/01/2011
The MERS controversy is at the core of the foreclosure mess and it's getting nearly zero coverage. Why? Because it's very complicated and can't be explained in two or three minute news bites. There are two articles on John Mauldin's blog that everyone should not just read but STUDY. The url's are...
02/28/2011
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JohnTalley

Real Estate, New Castle County, Delaware
local_phone(877) 994-6398
smartphone(302) 463-4664
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