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What to Do This Fall in Wilmington/Newark

by Katina Geralis

Busy schedules are starting to pick up again as school is back in session and a new season is beginning in just a few days. And with all of the excitement that comes with the changing of the leaves, the Wilmington, DE area is gearing up for a great fall season of events! The following events are on the calendar these next few months, coming up in September and October, and are certainly ones you will not want to miss. Wilmington and Newark, DE are great places to purchase a home, so now is a great time to get out and explore— experience all you can in the area so you can move forward with your Wilmington, DE real estate purchase.

Cool Springs Farmers' Market

Thursday, September 19 through October 17, 2013; 4 PM to 8 PM 

Recurring weekly on Thursdays

Lower Cool Spring Park; 710 North Lincoln Street, Wilmington

What better way to celebrate fall than with the fruits of the season? The Cool Springs Farmers' Market is a community-based initiative to promote access to fresh, health and delicious vegetables and produce in Wilmington's West Side, held in conjunction with "West Side Grows."

CUR(EAT): A Food Based Exhibition

Thursday, September 19 through November 17, 2013; Recurring daily

Delaware Center for the Contemporary Arts, Wilmington

CUR(EAT) is a series of socially engaged artworks that involve visitors in literal and metaphorical taste-tests. The exhibition initiates a dialogue surrounding art and creative ritual. The Act of Drinking Beer With Friends Is The Highest Form Of Art— Tom Marioni will build a beer bar featured in the gallery with local guest celebrities on select Wednesdays at the DCCA.

Oktoberfest at the Delaware Saengerbund

Friday, September 20 through 22, 2013; Delaware Saengerbund

49 Salem Church Road, Newark, DE

Friday 5 PM to 11 PM, Saturday 12 PM to 11 PM, and Sunday 12 PM to 6 PM

This perfect fall event will be fun for the whole family! The opening parade will begin Friday at 7 PM and this 3-day event will include Bavarian dancers and a German band for your entertainment. Numerous selections of German delicacies as well as imported gifts and souvenirs will be available for your enjoyment.

Walking Tour: Rocks and Roll Mills

Saturday, September 21, 2013; Recurring monthly on the 3rd Saturday

Hagley Museum and Library; 11 AM to 12:30 PM

Explore the geology of the Brandywine Valley and its impact on the milling industry on a tour created and led by Hagley Guide Tom Stack. Visitors will work with fellow guests to cut a piece of Delaware Blue Rock and take a souvenir home. Walking tour is included in cost of admission. Use Hagley’s main entrance off Route 141 in Wilmington, Delaware. The tour runs 11AM to 12:30PM on Saturday, September 21, October 19 and November 9.

Sunday Pirate Sail on KALMAR NYCKEL

Sunday, September 22, 2013; Recurring weekly on Sunday

Kalmar Nyckel Foundation; 1124 E. Seventh St., Wilmington

11 AM to 12:30 PM

KALMAR NYCKEL will be back in her home port of Wilmington, DE from September 13th through September 29th offering 1 ½ hour public sails from Dravo Plaza on the Wilmington Riverfront. Passage for all sails is $35 for adults and $20 for children 17 & under. To make your reservations, call 302-429-7447 or visit KalmarNyckel.org for more information. 

Newark Fall Home Show

September 27 through 29, 2013

Christiana Mall; 132 Christiana Mall, Newark 

Newark's Fall Home Show will be held on September 27 through 29, 2013. This annual show focuses on residential buyers by offering products and services for use in and around the home. A great way to spruce up your Wilmington, DE homes this fall!

Looking to make a move to this great area and begin your Wilmington, DE home search? Let us help you discover your real estate options and move closer to purchasing your next home— we even offer FREE first-time homebuyer seminars

Katina Geralis
Wilmington, DE Real Estate Expert
Keller Williams Realty

Wilmington Real Estate
Wilmington Homes for Sale
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Wilmington, DE Real Estate— Americans Still Believe in Homeownership

by Katina Geralis

With the impact of rising mortgage rates, housing prices, and lending standards changing so rapidly in today's housing market, a big question facing local real estate markets and those looking to buy real estate in Wilmington, DE is whether or not the perception of homeownership would be changed. The answer? Not quite. According to a new study by the Joint Center for Housing Studies at Harvard University found that many Americans still believe in homeownership, that it is still a major part of the American dream, and what's more, they are still looking forward to buying a home.

Some interesting things the study also found were:

Homeownership is still preferred over renting

One might think otherwise with the costs of housing and interests rates on an incline— but the truth remains that many homebuyers are still more interested in buying a house in Wilmington, DE over renting a home. The study reports:

“Even after the dramatic loss of equity and the high foreclosure rates, the early evidence suggests that people seem to believe that, over the long run, owning is still preferable to renting…The long term cultural preference for owning seems to have weathered the recent housing crisis.”

According to HousingWire, 90% of renters expect to buy a home in the near future. “The vast majority of renters believe owning a home is better is better when it comes to privacy, security, and raising a family.” The survey also reported 51% of renters think owning makes more sense than renting when comparing both the financial and lifestyle benefits of each housing choice. In the same study, 71% of current homeowners found owning a home to be a positive experience for themselves and their families. However, when asked the same question, only 34% of renters found renting to have positive effects.

Americans still want and expect to be homeowners in the near future

A new survey also shows just how upbeat Americans are about the real estate market— despite the threat of a continued rise in mortgage rates. “Fifty-three percent of Americans expect home prices to increase by an average of 3.9 percent over the next 12 months,” as reported by Realtor Magazine and Fannie Mae’s July National Housing Survey of 1,000 home owners. “Only 6 percent expect prices to fall, a new low in the survey’s three-year history.”

No matter the increases, Wilmington, DE homebuyers expect the market to make, the survey still found seventy-four percent of those surveyed believe now is a good time to purchase a house; 40 percent believe now is a good time to sell.

The Harvard study reported:

“The research on home-buying expectations supports the conclusion that very large percentages of Americans still expect to buy a home at some time in the future.”

Younger Americans Desire to be Homeowners

“Moreover, the finding that younger renters and owners are more likely than their older counterparts to expect to own bodes well for the future of the housing market,” the study found.

So, don’t be wary of purchasing real estate in Wilmington, DE based on your fear of where rising rates might go— homebuyers nationwide are chiming in to say now is a great time to buy and jumping in with both feet to start their home search and claim their piece of the local real estate pie.

Looking to make a move to this great area and begin your Wilmington, DE home search? Let us help you discover your real estate options and move closer to purchasing your next home— we even offer FREE first-time homebuyer seminars

Katina Geralis
Wilmington, DE Real Estate Expert
Keller Williams Realty

Wilmington Real Estate
Wilmington Homes for Sale
Visit My Website
Contact Me
Find me on Facebook

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