If you need assistance, please call 302-575-1086

Buying a Home Before Winter in Delaware or Pennsylvania

Thursday, November 17, 2022   /   by Alex O'Brien

Buying a Home Before Winter in Delaware or Pennsylvania

morgane-le-breton-Ym4my-Xj8EY-unsplash.jpgWinter brings many great things to Delaware and Pennsylvania, but an ideal moving scenario is not one of them. And while you can indeed buy a home during the winter season, it's important to note that the process can take longer than usual.

If you're on the fence about buying a home in Delaware or Pennsylvania, now is the time to get started. The Kat Geralis Home Team has decades of real estate experience to help you find your dream home before winter and enjoy the holiday season in your new surroundings.

Delaware and Pennsylvania homebuyers should be sure to take the following into consideration in their decision to buy before winter:

Mortgage Rates
Mortgage rates were hovering around historic lows for quite some time, but they have since seen quite a hike, with the average mortgage rate resting around seven percent. If you missed buying a home at a low rate, don't wait longer! Mortgage rates will continue to increase, with experts predicting the average 30-year mortgage rate to land between five and nine percent next year.

The Process
In past blog posts, we have discussed the mortgage process and how you can better prepare yourself this year. However, during the holiday season, the entire process tends to slow down. With all of the paperwork necessary, the lender, and your timing, it can take much longer for everything to come together than it would be if you purchased a home now.

Home Prices
Home prices, like mortgage rates, are on the rise! In fact, one of the reasons many home sellers are now ready to move is due to these higher prices. Waiting to buy a home in Delaware and Pennsylvania could mean edging yourself out of a great deal. 

There is no time like the present to purchase a home in DE or PA, whether you're moving up, moving down, or simply moving to a new location. The Kat Geralis Home Team is happy to help you every step of the way to ensure you're in a new home before the winter season officially arrives.

Give us a call today!

Katina Geralis
DE and PA Real Estate Expert
eXp Realty

Homes for Sale
Visit My Website
Contact Me
Find me on Facebook

  delaware real estate, delaware real estate market, pennsylvania real estate, homebuyer tips, homebuyers, homebuying tips

eXp Realty - Kat Geralis Home Team
Kat Geralis
3411 Silverside Road Suite 104
Wilmington, DE 19810

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2024 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: June 14, 2024 3 PM.
This site powered by CINC: www.cincpro.com