Jen Demarest, REALTOR
I am here to serve all of your real estate needs!
FEATURED LISTINGS
- 0.52 Acres$55,000Active
1305 HAZEL ST, Salisbury, MD 21804
MLS# MDWC2013058
Listed by Jennifer Demarest of The Parker Group
Vacant Land
- 1/52 524 Beds 3 Baths 2,910 SqFt$924,900Coming Soon
21222 COOL SPRING RD, Milton, DE 19968
MLS# DESU2075288
Listed by Dustin Parker of The Parker Group
Single Family Home
- 1/38 383 Beds 2 Baths 910 SqFt$115,000New
31667 SIHAM RD #11688, Lewes, DE 19958
MLS# DESU2075860
Listed by Dustin Parker of The Parker Group
Manufactured Home
- 1/27 272 Beds 1 Bath 924 SqFt$70,000Active
27958 PONDSIDE DR #14835, Seaford, DE 19973
MLS# DESU2075400
Listed by Dustin Parker of The Parker Group
Manufactured Home
- 1/23 233 Beds 3 Baths 2,375 SqFt$660,000Active
22429 MAHOGANY RD, Milton, DE 19968
MLS# DESU2075686
Listed by Cheryle Christine Choudhary of The Parker Group
Single Family Home
- 1/29 293 Beds 2 Baths 1,568 SqFt$355,000Pending
13374 HUNTERS COVE RD, Greenwood, DE 19950
MLS# DESU2075444
Listed by Cheryle Christine Choudhary of The Parker Group
Single Family Home
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The Parker Group
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RECENTLY SOLD
- 1/18 184.6 Acres
$174,250 12.8%
$199,899
94 JOHN RON DR, Hartly, DE 19953
MLS# DEKT2030528
Listed by Stephanie S Lehane of RE/MAX Eagle Realty
Vacant Land
- 3 Beds 2 Baths 1,854 SqFt
$100,000 20.0%
$125,000
3210 JOHNSON RD, Pocomoke City, MD 21851
MLS# MDWO2026448
Listed by C.D. Hall of Hall Realty
Single Family Home
- 1/66 663 Beds 2 Baths 1,692 SqFt
$540,000 0.9%
$544,900
24746 MILL POND LN, Georgetown, DE 19947
MLS# DESU2069960
Listed by Jennifer Demarest of The Parker Group
Single Family Home
MY BLOGS
Want to Sell Your House? Price It Right.
Want To Sell Your House? Price It Right. Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.” In a more moderate market, how you price your house will make a big difference to not only your bottom line, but to how quickly your house could sell. And the reality is, homes priced right are still selling in today’s market. Why Pricing Your House Appropriately Matters Especially today, your asking price sends a message to potential buyers. If it’s priced too low, you may leave money on the table or discourage buyers who may see a lower-than-expected price tag and wonder if that means something is wrong with the home. If it’s priced too high, you run the risk of deterring buyers. When that happens, you may have to lower the price to try to reignite interest in your house when it sits on the market for a while. But be aware that a price drop can be seen as a red flag by some buyers who will wonder what that means about the home. To avoid either headache, price it right from the start. A real estate professional knows how to determine that ideal asking price. They balance the value of homes in your neighborhood, current market trends, buyer demand, the condition of your house, and more to find the right price. This helps lead to stronger offers and a greater likelihood your house will sell quickly. The visual below helps summarize the impact your asking price can have: Bottom Line Homes that are priced at current market value are still selling. To make sure you price your house appropriately, maximize your sales potential, and minimize your hassle, let’s connect.
What Are Your Goals in the Housing Market This Year?
What Are Your Goals in the Housing Market This Year? If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation had a big impact on the economy, the housing market, and likely on your wallet too. That’s why it’s critical to have a clear understanding of not just the market today, but also what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at realtor.com, explains: “The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision.” Here are a few questions you can start thinking through as you fine tune your goals for 2023. 1. What’s Motivating You? You’re dreaming about making a move for a reason – what is it? No matter what’s happening in the market, there are still many compelling reasons to buy a home today. Your needs may have changed in a way your current house can’t address, or you could be ready to step into homeownership for the first time and have a space that’s truly your own. Use what’s motivating you as a guidepost in partnership with an expert advisor to help make sure your move will give you a lasting sense of accomplishment. 2. What Does Your Next Home Look Like? You know you want to move, but how would you describe your dream home? The available supply of homes for sale has grown, and that could mean more options to choose from when you buy. Just be sure to keep your budget in mind and work with a trusted real estate professional to balance your wants and needs. The better you understand what’s essential and where you can be flexible, the easier it can be to find the home that’s right for you. 3. How Ready Are You To Buy? Getting clear on your budget and savings is essential before you get too far into the process. Working with a local agent and a lender early is the best way to make sure you’re in a good position to buy. This could include planning how much to save for a down payment, getting pre-approved for a home loan, and assessing your current home equity if your move involves selling your existing house. A Professional Will Guide You Through Every Step of the Process Buying or selling a home is a big process that takes expertise to navigate. If that feels a bit overwhelming, you aren’t alone. According to a recent Harris Poll survey, one in five respondents see a lack of information or knowledge about the homebuying process as a barrier from owning a home. Don’t let uncertainty hold you back from your goals this year. A trusted expert can bridge that gap and give you the best advice and information about today’s market. Bottom Line Let’s connect to plan how your dreams for 2023 can become a reality.
Confused About What’s Going on in the Housing Market? Lean on a Professional.
Confused About What’s Going on in the Housing Market? Lean on a Professional. If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.” Unfortunately, when information in the media isn’t clear, it can generate a lot of fear and uncertainty in the market. As Jason Lewris, Cofounder and Chief Data Officer at Parcl, says: “In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.” But it doesn’t have to be that way. Buying or selling a home is a big decision, and it should be one you feel confident making. To help you separate fact from fiction and get the answers you need, lean on a local real estate advisor. A trusted expert is your best resource to understand what’s happening at the national and local levels. They’ll be able to debunk the headlines using data you can trust. And using their in-depth knowledge of the industry, they’ll provide context so you know how current trends compare to the normal ebbs and flows in the industry, historical data and more. Then, to make sure you have the full picture, they’ll tell you if your local area is following the national trend or if they’re seeing something different in your market. Together, you’ll use all of that information to make the best possible decision for you. After all, making a move is a potentially life-changing milestone. It should be something you feel ready for and excited about. And that’s where an agent comes in. Bottom Line If you have questions about the headlines or what’s happening in the housing market today, let’s connect so you have expert insights and advice on your side.