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Home buyers face a tall task as Delaware Valley real estate prices soar
SPRINGFIELD, Pa. - If there is one thing that has not suffered during the COVID-19 pandemic, it's home sales.From the city to the suburbs, prices are high and the choices are few.In case you haven't noticed, local real estate is a hot commodity with fewer homes for sale and record-low interest rates prompting home prices to boom.In Delaware County, the average home price went up 10% in 2020, and another 17% so far in 2021.That's what realtors call a 'seller's market.'"When you make an offer as a buyer, you are not trying to figure out how you can get a deal.