Interest rates are down, home prices are down and there is a shrinking inventory of unsold homes.
But, there is still mixed news from the First State.
In Delaware home sales for the first nine months are up 22.3 percent over the same period last year.
And that was especially true for Sussex County.
The Wilmington News Journal reports the county is seeing a strong market for second homes.
But the paper reports there are also some head winds.
Many people do not feel their jobs are secure with the state’s unemployment rate is still just under 7 percent.
That amounts to 30-thousand people looking for work.
In addition, there are tighter underwriting standards.
And there is a downward pressure on prices from foreclosures and distressed properties.
