Monday's Main Event - Vol. 73.0 - 03.25.2024

 

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... ... inventory is increasing, but is still well below pre-pandemic levels. New Listings, Year to Date   Inventory is on the rise compared to last year with a 6% increase year to date, where as it was flat to 2023 at the end of February.   Interest rates are relatively unchanged from last week, roughly .3% higher than a year ago To sum it up...  As we come in to the Spring market, we're seeing more inventory come on the market vs. last year with the average Initial List price +11% higher than a year ago. The average days on market for current inventory sits around 21 days, down 1 day from last years average at this time of the year.  While interest rates are higher than a year ago, they seem to be less of a deterrent to a purchase decision vs. the actual amount of homes to choose from.   Call, Text or Email me 215-432-3066 // jeff@jeffheckerhomes.net 0 Keyway Court Situated on 6 acres, this idlillic parcel percs for both LPP and Gravity Fed Septic and has private access to 314 acres of wooded State land.  With no builder tie-ins, it's ready for you to build your dream home. Jeff Hecker - 215-432-3066 - jeffheckerhomes@gmail.com 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.