And the end result is houses don’t sell if you don’t have new people coming.”STORY:UnitedHealth cuts 138 Delaware jobs after it loses Medicaid contractSTORY:Confidential plan calls for consolidating Wilmington schools down to twoDelaware home prices grow slower than 46 states between September 2016 and 2017, according to federal data published on Tuesday. (Photo: FEDERAL HOUSING FINANCE AGENCY)As Delaware’s homeshave struggled to appreciate, home valuesnationallygrew6.5 percentduring the 12 month period before Oct.”With relatively favorable economic conditions and a continued shortage of housing supply, price increases in the third quarter were generally robust and widespread,”Federal Housing Finance Agency economist Andrew Leventis said in a statement on Tuesday.The housing figuresare derivedfrom records of home salesfinanced by mortgages throughthe government sponsoredgiants drop proof iphone case, Fannie Mae and Freddie Mac.While theFederal Housing Finance Agency does not publishthe actual dollar amount ofhome values by state, the home listing websiteZillowestimates the average Delaware home to be worth $217,000.Plummer says Delaware’s relatively low housing prices and less competition for new homes is leading to a buyer’s market.”If you’re a buyer, this is another reason to comebecause prices are still affordable,” Plummer said. “I don’t think we want the most rapid appreciation, but we don’t want the least rapid appreciation.”.
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