It is snowing outside! This confirms that it is indeed winter -- I was beginning to wonder with the weather lately, and the lack of white stuff falling from the sky! With the cold months of winter comes a slow time of year for real estate. The Delaware beach areas are managing to hang on and chug along smoothly. We aren't seeing the numbers we have seen in years past, but homes are selling. I have a feeling once we thaw out and colors start appearing in yards, we will see a change in the market, but not as quick a comeback we experienced in 2003 through 2005. Below is a breakdown of what has closed for 2009 thus far.
Single Family - 41
Condo / Town Home - 13
Mobile - 6
Multi-Family - 0
Lots / Land - 8
Farms - 0
Commercial - 3
The total closed real estate transactions for the year is 71. That is a difference of 21 from this time last week. I should have averages and statistics for January by mid-next week, so I will post those at that time.
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