Monday's Main Event - Vol. 60.0 - 12.11.2023

Monday's Main Event Get a jump on your week with the latest in local Real Estate Market trends, Mortgage Rates, and Local Happenings The Main Story... ... Mortgage Rates are dropping rapidly.... Now is the time for both Buyers and Sellers to consider making a move. November 2023   New Listings in November were up roughly 16% from a year ago with all quadrants seeing increases in the average list price compared to the same month last year. Interest rates are down from October's high and last week they neared 7%.  This trend is expected to continue and we should see the national average drop below 7% this week.  Keep in mind, some lenders have the ability to offer rates well below the national average.  Ask me who... "Marry the House, Date the Rate" To sum it up...  With increased inventory in November, the last few months of the year tend to be a little slower given the holidays.  That said, lower interest rates are expected to accelerate demand into the new year. New Listing Alert! 2 Madaket Court, Rehoboth Beach Conveniently located just 4 miles to down town Rehoboth Beach, this 4 bedroom, 3.5 bath home has a recently remodeled kitchen and an open floor plan. Warm up in front of the fireplace in the living room on chilly winter days. The bright sunroom accesses the large deck overlooking the community pond and fountains. A flex room on the main living level can be used for entertaining or as another bedroom if additional space is needed. The primary bedroom suite is located on the main living level with 3 more bedrooms and 2 full baths upstairs. Completing the second floor is a large bonus room, great for secondary living. Not to be overlooked is the full basement with walkout access to the rear yard.  For more information and additional photos, click here - View Listing https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-2075652500987&eml=amVmZmhlY2tlcmhvbWVzQGdtYWlsLmNvbQ== Don't delay, Call or text me today.  215-432-3066 Click Here to start your home search, today! Help me, help you. Complete the Survey Forward this to a Friend Real Estate Portfolio Analysis Stay up to date on your home valuations and real estate assets with a real estate portfolio review. New Newsletter Content Want something that you don’t see in this newsletter? Hit reply and let me know! Local Business Recommendations Reach out to me for any home improvement project contractors, or even food & activity recommendations. Market Stats for Specific Towns or Communities I’m here to help decode the mystery of the Sussex County Real Estate market. Let me know which communities you are interested in for more information.

Did you find this information helpful?  Let me know by simply replying "thanks" in the comments, below. Interested in information about a specific town or community?  Let me know in the comments, below.   I'm here to help decode the mystery of the Sussex County Delaware Real Estate market.

*all information in this email is relative to Sussex County Delaware and is not to be construed as the case for Kent or New Castle Counties.