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Carolyn Roland- In Delaware and S. Chester County PA
Selling older and historic homes in New Castle and Kent County Delaware, and Southern Chester County, Pennsylvania since 1987.
Cell: (302) 593-5111
Office: (302) 239-3000
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Real Estate Agent
Letitia Stevenson
Letitia A. Stevenson, REALTOR®, Listing Agent - Licensed in DE, PA & MD Affiliated with BHHS Fox & Roach REALTORS® | Certified Negotiation Expert (CNE) | Success Coach | Home Marketing Consultant
Office: (302) 426-4426
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New Castle County, DE Real Estate News

By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
In today's dynamic housing market, many potential buyers are contemplating whether to purchase a home now or wait for interest rates to decrease. While the allure of lower rates is understandable, several compelling reasons suggest that buying now could be a more advantageous decision. 🔑 Key Reasons to Buy Now1. Home Prices Are Likely to Rise Even with higher interest rates, home prices have continued to climb. In April 2025, prices increased by 1.4% nationally, despite a record $700 billion in listings. Waiting for rates to drop could mean facing higher home prices, potentially offsetting any savings from lower interest rates. 2. Less Competition in the Current Market Higher mortgage rates have led to decreased buyer demand, resulting in increased inventory and longer listing times. Th...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
  Welcome to National Home Ownership Month. When you're looking through listings, calculating your finances, and questioning if you'll ever have "enough" saved to buy your first house, it can feel daunting. The good news is that most first-time purchasers are far closer than they realize. Many of them also regret not beginning the procedure sooner.     Here are some things new homeowners frequently say they wish they had known sooner if you're still undecided: 1. There's No Need for a 20% Down PaymentThe idea that you must save 20% of the home's cost before you can purchase is one of the most widespread misconceptions. That is just untrue. Numerous lending schemes permit significantly smaller down payments; some as low as 3% and, in some circumstances, 0% down for eligible buyers. 2. A ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
Perhaps you've heard that there are more houses for sale than ever before. Additionally, it may cause you to wonder if another home market meltdown is about to occur.However, the facts show that's just not the case. More inventory is often a good thing. In actuality, it indicates that the market is stabilizing and improving.The Inventory Enigma: Understanding Current Trends and ChallengesThe white line in the graph below represents inventory, which recently reached its highest level since 2020, according to the most recent statistics from Realtor.com.However, you must also acknowledge that inventory levels have yet to restore to their pre-pandemic levels (shown in gray):  This indicates that more houses are available for purchase now than there have been in a long time.The amount of hom...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
You're undoubtedly unwilling to let that go if your mortgage rate is 3%. And this persistent question, "why would I give that up?" can be preventing you from moving, even if you've considered it.However, you can be unknowingly neglecting your wants and needs when you ask that question. Because of their mortgage rate, most people choose not to relocate. They relocate because they must or desire to do so. Let's ask this instead, flipping the script:In five years, how likely are you to still be living in your current home?  Take a time to reflect on your life. Imagine what the upcoming years will bring. Do you intend to expand your family? Are your grown children about to leave home? Will you soon be retiring? Are you already so overwhelmed?Staying put could make perfect sense if you enjoy...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
For empty nesters in Northern Delaware, deciding between downsizing to a 55+ active adult community or a traditional smaller home involves weighing lifestyle preferences, maintenance considerations, and social opportunities.   🏡 Active Adult Communities: Lifestyle & AmenitiesCommunities like Traditions at Whitehall in Middletown and The Parke at Foulkstone in Wilmington offer resort-style living tailored for those aged 55 and older. While these communities are currently being built, there are many neighborhoods that offer resale homes. These neighborhoods provide amenities such as clubhouses, fitness centers, walking trails, and organized social events, fostering a vibrant and engaging environment. Additionally, they often include services like landscaping and snow removal, allowing res...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
Downsizing your home can be a liberating experience, offering a chance to simplify your life and focus on what truly matters. Whether you're an empty nester, approaching retirement, or simply seeking a more manageable living space, the process of downsizing can lead to a more organized and stress-free lifestyle.  Step 1: Declutter with PurposeBegin by assessing your belongings critically. The 90/90 Rule is a helpful guideline: ask yourself if you've used an item in the last 90 days or plan to use it in the next 90. If the answer is no, it's time to let it go .To streamline the process, employ the Four-Box Method: label boxes as Keep, Donate, Trash, and Store. This approach aids in making decisive choices about each item.Step 2: Evaluate Your New SpaceUnderstanding the dimensions and lay...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
The fact that 70% of buyers put their home hunt on hold last year is hardly shocking. Perhaps you were among them. And don't pass judgment if it is. Simply put, things weren't going well.Prices were too high, inventory was too limited, and mortgage rates were fluctuating widely. Finding a house you loved and could afford became extremely difficult as a result. And if you don't know where you're headed, why sell?The problem is that the market is changing. Perhaps it's time to press play once more.  The Sweet Spot for InventoryThis year, more homeowners are resuming their quest for a home. More residences are being completed by builders. When combined, that gives you more options for your next relocation, possibly including the house of your dreams.There are more opportunities when there ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
    Setting your price too high is a major error you should avoid while selling your home this year. Overpricing may appear to give you leverage in negotiations or to increase your profit, but in practice, it frequently backfires. According to Realtor.com, one in five sellers, or nearly 20% of all sellers, must lower their asking price in order to sell their home. And being one of them is not what you desire. Here's why getting off to a bad start can cause problems and how to prevent it.     Overpricing May Eliminate the Right Buyers Due to current housing prices and mortgage rates, buyers are already straining their finances to make a purchase. Therefore, they aren't thinking, "I can negotiate," when they see a house that is too expensive. They're more inclined to ignore your residence...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
Selling a home is a big decision—emotionally, financially, and sometimes unexpectedly personal. For many sellers, especially those who've lived in a home for years, the process can stir up a complex mix of feelings. One of the most common and unexpected reactions? Home seller’s remorse.What is Seller’s Remorse?Seller’s remorse happens when a homeowner regrets the decision to sell after the process has started—or even after the sale is complete. It can come from emotional attachment, second-guessing the timing, or even comparing offers and wondering if they could’ve gotten more. The reasons vary, but the feelings are real.  Why It Happens Emotional Ties: Your home holds memories—holidays, milestones, and everyday life. Letting go can feel like letting go of a part of your story. Fear of ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
  It doesn't have to be difficult to increase the value of your house. Its market value and appeal can be greatly increased with a few well-considered changes. Let's look at some manageable and significant upgrades that are both useful and efficient. 1. Adopt the 'Organic Modern' Style of Design In interior design, the "organic modern" aesthetic is gaining popularity right now. This style blends organic materials like clay, stone, and wood with streamlined, minimalist components. Adding elements like wet rooms, Venetian plaster walls, and soapstone worktops will improve the aesthetics of your house and possibly raise its worth. For example, the value of properties with soapstone countertops has increased by about 3.5 percent.     2. Rejuvenate Your Kitchen The kitchen, which is frequent...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
  The process of finding your ideal home may be both thrilling and overwhelming, particularly if you're attempting to stick to a budget. These tips will aid you in finding the ideal house without going over budget, regardless of whether you're upgrading or buying your first property. 1. Define Your Priorities Make a list of both necessities and desirables first. Think on things like the location, yard size, number of bedrooms, bathrooms, and ease of access to work or schools. You can concentrate on finding homes that suit your needs if you have a clear list of priorities.       2. Set a Realistic Budget Find out how much you can afford before you begin your home search. To estimate your monthly payments and account for extra expenses like maintenance, insurance, and property taxes, use ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
Selling a home is a significant decision that involves strategic planning to ensure maximum returns. In 2025, homeowners aiming to optimize their sale should focus on the week of April 13-19. This period is projected to offer favorable market conditions for sellers.Understanding the Optimal Selling WeekRealtor.com's analysis indicates that the week of April 13-19, 2025, is expected to present an ideal balance of housing market conditions favoring sellers. This projection is based on historical seasonal trends and current market dynamics. ​  Advantages of Selling During April 13-19, 2025 Higher Listing Prices: Homes listed during this week have historically achieved prices 1.1% higher than the average week throughout the year, and are typically 6.7% higher than at the start of the year. ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
 Making your home as appealing as possible to draw in the right buyers and get a competitive offer is more important when selling a house than simply putting it on the market. There are various ways to highlight the greatest aspects of your house and raise its worth, from minor renovations to careful planning. In order to assist you move through the process with ease and confidence, this article examines doable actions you may do to get your home ready for sale. These suggestions can significantly improve your selling experience, whether you're focusing on curb appeal, space organization, or determining a reasonable pricing.   Curb Appeal for First ImpressionsOne of the best strategies to create a good first impression when selling your house is to improve curb appeal. The first thing p...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
  Although purchasing a home is an exciting milestone, many first-time buyers only consider the cost of the purchase and their mortgage. However, there are a number of unanticipated expenses associated with property that may surprise unprepared buyers. A smooth transition into homeownership and the avoidance of financial strain can be achieved by being aware of these costs up front.   Property Taxes Local property taxes can have a big influence on a homeowner's spending plan. Tax rates might rise over time, impacting affordability even though they are frequently included in monthly mortgage payments. Buyers should look into local property tax trends and account for future hikes.       Homeowners (Possibly Flood) Insurance Although costs might differ depending on location, property value...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
  "How long will it take to sell?" is one of the most common inquiries that sellers have when listing their house. There is no one-size-fits-all solution, but a number of factors affect how long a home is on the market. Sellers can set reasonable expectations and make well-informed judgments by being aware of these factors, which range from location and pricing strategy to market circumstances and property condition.   Average Time on the Market   Market trends determine how long it takes to sell a house. The average property in the United States sells in 30 to 45 days, according to the National Association of Realtors (NAR), though this period varies based on outside variables including demand, loan rates, and seasonality. Homes can sell in a few days in a seller's market with little i...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
 Home inspections can provide important information about the state of a house, but they can also result in unforeseen problems and extra expenses. We have in-depth knowledge of the benefits and drawbacks of home inspections to assist you in weighing them.Whether to spend money on a home inspection is one of the most important decisions that purchasers have when purchasing a property. They can offer important information on the state of a property, but they can also result in unforeseen problems and extra expenses.    A Home Inspection: What Is It?A visual (non-invasive) evaluation of a property's state is called a home inspection. It helps buyers, sellers, and lenders identify any issues that could affect the home's safety, upkeep and value and is usually carried out as part of a real ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
  Although purchasing your first house is a thrilling accomplishment, there are substantial financial obligations involved. It's crucial to develop wise financial practices prior to applying for a mortgage in order to streamline the process and position yourself for success. The following five tactics can help you prepare: 1. Maintain Employment Borrowers with steady and dependable income are preferred by lenders. Steer clear of major professional changes or job switching in the months before your mortgage application and through settlement of your home, if at all possible. To prove your financial stability, retain a consistent job and maintain documentation of your earnings, such as W-2s, tax returns, and pay stubs.     2. Learn About Your Options You may select the finest mortgage cho...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
There are a lot of strong arguments for listing your house in the winter, even though many people wait until spring to do so. There are special benefits this season that might help sellers in a number of ways. Continue reading to find out why listing during this time could be a wise choice for your real estate endeavors! Wintertime Atmosphere A home can feel warm and welcoming throughout the winter months thanks to the festive and comfortable ambiance. Buyers may be able to relate to this emotional appeal and use it to visualize their own future home vacations. In general, winter homes stay warm even after the holidays are over, so purchasers can picture themselves furnishing the room with comfy furnishings and festive accents.   Enthusiastic Buyers The caliber of buyers is one of the ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
Delaware provides a special set of advantages that make it a popular option for professionals, retirees, and families looking for the best place to buy their dream house. The First State is unique for the following reasons:1. Tax AdvantagesDelaware is renowned for having a tax environment that is beneficial. Residents can save a lot of money compared to nearby states because there is no sales tax, little property taxes, and no state tax on Social Security income. Delaware is particularly attractive to first-time homebuyers and retirees because of these financial advantages.2. Prime LocationDelaware, which is tucked away on the East Coast, has easy access to big cities like Baltimore, Philadelphia, New York and Washington, D.C. Its central position guarantees that everything you need is ...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
 Making your home as appealing as possible to draw in the right buyers and get a competitive offer is more important when selling a house than simply putting it on the market. There are various ways to highlight the greatest aspects of your house and raise its worth, from minor renovations to careful planning. In order to assist you move through the process with ease and confidence, this article examines doable actions you may do to get your home ready for sale. These suggestions can significantly improve your selling experience, whether you're focusing on curb appeal, space organization, or determining a reasonable pricing.Enhancing Curb AppealOne of the best strategies to create a good first impression when selling your house is to improve curb appeal. The first thing prospective buye...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
  Many of us are imagining new possibilities and establishing new goals in 2025. Some people see homeownership as part of that ambition. The new year is a great time to check into the process of purchasing a home, regardless of whether you're sick of renting, want to invest, or are just ready to upgrade. However, is 2025 the ideal year for you to make the decision? Let's examine the main elements that might influence your decision to purchase this year. 1. Rates, Rates, Rates Mortgage rates fluctuated in 2024, but analysts anticipate a more stable market in 2025. Rates are predicted to stay competitive and make house loans available to many purchasers, even though they might not reach all-time lows. Over the course of your loan, you might save thousands of dollars by monitoring rate pro...
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