Monday's Main Event - Vol. 107.0 - 12.09.2024

 

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... 'Tis the season to be Jolly, a Sea of Santa's graced Rehoboth Beach this weekend. Closings of New Construction Year to Date are mixed across the county with the quadrant between Rt1 and Rt113 being the largest growth area.  Average prices of new construction are down slightly from last year closer to the ocean while they are increasing the farther away you get from the beach. The first week of December showed a marginal drop in the national average 30 year mortgage rate, which is down slightly from November and still below last year.  ... to sum it up.  Year over Year, the annual trend by quadrant seems to be holding true for new construction.  Prices have come down a little, closer to the beach, likely due to Buyers being more particular about their final selections and builders being more aggressive with incentives.  Mortgage rates have ticked down a little but seem to be holding in the mid to high 6% range, keeping overall home prices on a to-be-expected growth path.  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 Manufactured Homes See something you like ? Call, Text or Email me for more information. jeff@jeffheckerhomes.net  215-432-3066 This weekend was the Santa Bar Crawl in Rehoboth and thousands of Do-Gooding Santa's showed up to support Toys For Tots and Tunnels to Towers.  This was the third annual event and it seems to get better every year!! Whether you're a bar-crawler or just a Santa enthusiast, this was fun for folks of all ages and a two-thumbs-up recommendation! The 4th annual event will take place on December 6th, 2025. Start planning now!  For more information:  Website: rbsantabarcrawl.com Facebook: facebook.com/share/1Dxag2o7D2/?mibextid=LQQJ4d Accredited Buyers Reprensentative I'm proud to say that recently I became an Accredited Buyers Representative through the National Association of Realtors. This accreditation is geared toward the nuances of a Buyer and Seller relationship and how Agency comes into play with Unrepresented Buyers. Did you know, if you're a Buyer and don't have an Agency relationship with your Realtor®, they are representing the Seller, NOT YOU!? For More Information: Jeff Hecker - 215-432-3066 - jeff@jeffheckerhomes.net 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.