Monday's Main Event - Vol. 77.0 - 04.22.2024

 


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...

... More inventory and higher mortgage rates... 

March Year to Date
 

New Listings so far this year are up 9% from last year but still lagging behind 2019 levels in a pretty significant way.  

Mortgage Rates last week jumped to over 7%, and the Fed isn't committing to rate decreases any time soon.

To sum it up... 


Inventory is increasing steadily over a year ago, but still struggling to get to pre-covid levels.  Interest rates have a lot to do with that, but over 100 newly pending properties in the last week, demand doesn't seem to be slowing as a result.

 

Call, Text or Email me
215-432-3066 // jeff
@jeffheckerhomes.net

2 Inlet Place
Lewes Delaware



Newly Listed, this beautiful 3 bedroom, 2.5 bath home is complete with a second floor loft overlooking the great room below.   The bright sunroom opens to an expansive composite deck and the pond out back.

Situated just off of Kings Highway where the lighthouse takes you into down town Lewes, the Junction and Breakwater trail is adjacent to the property, providing biking and pedestrian access to town and more than 16 miles of trail to the beach and Rehoboth.

This home is being offered for $799,000.00.

Visit me at the Open House this weekend.


For More Information:
Jeff Hecker - 215-432-3066 - jeff@jeffheckerhomes.net
Click Here to start your home search, today!
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Real Estate Portfolio Analysis

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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.


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