Interesting?

Oh yea, another interesting few days at the Wilmington flip-site...

Seems the GC hired a painter they had never used before, one with considerable baggage. Turns out his baggage cost us probably about $4,500 more than it should have and to put the cherry on top, they badly damaged the just-fixed porch roof... Had to hire a local to repaint some of the outside and the GC is gonna completely repaint the interior.

Our Delaware Realtor was supposed to do his initial walkthrough today but, alas, I never heard from him. Not a real shocker actually.

The locals are VERY excited about this house and at least two or three walk through gawking every day. Will be real interesting to see if any try to pony up in short order....

Some more encouraging local real estat e news today from our Suburban West Realtors Association:

Home Sales Continue to Show Growth Locally

While there continues to be flux with the national home sales statistics, there was continued growth in sales for Chester, Delaware and Montgomery counties in March. All three counties showed sales growth from February to March, although still down from March 2007. Additionally, prices continued to be steady, with minor increases from over last year.

Commenting on the statistics for an upcoming news release to local media outlets, Suburban West Chairman Jim Ryal said, "While sales may not be at the record levels they were two years ago, they are still strong. And as important, we are not seeing the significant price drops being experienced in other major markets."

Looking ahead, NAR posted its forecast earlier this month with Lawrence Yun, NAR Chief Economist, summing up the future prospects of the national market, "Existing home sales could start to show a sustained increase within a few months, unless there are some additional economic problems or excessive inflationary pressure," he said. "We're looking for essentially stable sales in the near term, before higher mortgage loan limits translate into more sales in high-cost markets. The wider access to affordable credit should increase sales activity notably this summer as pent-up demand begins to be met."