Monday's Main EventGet a jump on your week with the latest in local Real Estate Market trends, Mortgage Rates, and Local Happenings |
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... June started out strong, but sentiment is still cautious... |
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 | June Month to Date started out strong compared to last year with total closings up about 12% from a year ago, for the first two weeks of the month.
Breaking it down, we can clearly see demand in all home type categories are up with significant gains in Townhomes, Condos, and Manufactured homes. Similarly, average prices are up across the board, with the exception of townhomes down close to 10% from a year ago. |
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 | | While we saw a slight dip in the 30 Year average fixed mortgage rate last week, it wasn't significant enough to move the needle. |
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| To sum it up... While we've seen a rebound in the stock market and stronger consumer sentiment, there have also been improvements in Real Estate the last couple of weeks. These should be acknowledged with cautious optimism and it is showing to be dependent on specific characteristics - location, new construction vs. resale, home type, community amenities, etc. On the upside, Buyers are still buying and more homes are coming on the market every day.
Recently, analysts have indicated that the FED will likely wait until September to make a move on the FED rate, so we shouldn't expect to see much change in rates before then. |
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Furnishings may be negotiable |
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Welcome to your dream home! Excellent primary home, vacation home, or investment property! This move-in ready, bright and beautiful two-story end-unit townhome features 3 spacious bedrooms, 2.5 baths, and a one-car garage. The primary bedroom suite is located on the main living level for added convenience. Enjoy serene pond views and a loft that overlooks the great room. You’ll also benefit from fantastic community amenities, including a swimming pool. Plus, it’s located near Paradise Grill, Massey’s Landing boat launch, grocery stores, and great restaurants. And, the beaches and retail outlet stores are just a short drive away! Freshly painted, new luxury vinyl plank floors and carpet make the home simply turn-key and ready to be called yours! |
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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 |
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See something you like ? Call, Text or Email me for more information. jeff@jeffheckerhomes.net 215-432-3066 |
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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 |
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Real Estate Portfolio AnalysisStay up to date on your home valuations and real estate assets with a real estate portfolio review. |
New Newsletter ContentWant something that you don’t see in this newsletter? Hit reply and let me know! |
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Local Business RecommendationsReach out to me for any home improvement project contractors, or even food & activity recommendations. |
Market Stats for Specific Towns or CommunitiesI’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. |
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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.
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