Monday's Main Event - Vol. 80.0 - 05.13.2024

 



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...

... Although Resale inventories are higher, Resale closings are down... but, Resale prices aren't ....

Year to Date through April
 

Compared to a year ago, Resale only Closings were down 4% year to date at the end of April; while the average closed price was up 3.4% over the same time period.  

Mortgage rates came down last week, and although the national average is still slightly over 7%, local lenders are quoting rates in the high 6%'s.  Hopefully, this will be a continuing trend.

To sum it up... 


Resale sales are down throughout Sussex County, year to date.  We are still seeing lower than typical levels of resale inventory, which in turn is keeping average prices higher than those of the last few years.

 

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

Looking for a Deal ?
See what's been sitting around for more than 90 Days
and where the greatest opportunities are to negotiate with Sellers
Detached Homes
Townhomes
Condominiums
Manufacturerd Homes
See something you like ?
Call, Text or Email me for more information.
jeff@jeffheckerhomes.net 
215-432-3066
107 Heritage Blvd
Milton Delaware


A sneak peak into a home that I'll be bringing on to the market in the next few weeks.

This Craftsman style cottage is the Annapolis model, built by Schell Brothers, and is in the centrally located community of Heritage Creek.  

Meticulously maintained, this home is complete with 3 bedrooms, 3 full bathrooms, a finished basement with double-door walkout, a 2 car rear-entry garage, and more than 2,200 square feet of living space on the main living level.  With over $130,000.00 of after market improvements, this home is sure to impress.

This home is being offered for $599,000.00.


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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