State of the Delaware Residential Real Estate Market

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1705 Lovering Avenue,Wilmington DE 19806

18 January, 2021

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State of the Delaware Residential Real Estate Market Smart Real Estate REIA – Delaware State - Wilmington State of the Delaware Residential Real Estate Market Date: January 18th, 2021 6:30pm-8:30pm Entrance Fee: $5.00 Location: Rockford Tavern, 1705 Lovering Ave, Wilmington, DE 19806 Presented By: Vince Garman, Real Estate Salesperson, Compass RE Discussion: State of the Delaware Residential Real Estate Market Overview: Vincent will update us on the Delaware State housing market trends & predictions for 2020 & 2021. As of now, the housing market remains a hot seller's real estate market, with annual price growth reaching record highs and inventory continuing to fall. After a brief rise in new listings coming onto the market, things are back to the usual downward slide as we head into the winter season. Buyers have been looking for signs of a slowdown in the housing market that has been red hot since its post-pandemic recovery but the prices continue to skyrocket.

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