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 Closings were down, but mortgage rates are down, too. Now is the time for Buyers to make a move ... |
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 | | For the month of June, Closings were down about 7% from a year ago while the average home price was up 5.5% over last year. |
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 | | The 30 year fixed rate mortgage last week dipped 4basis points to 6.77% bringing the June average closer to May and more than 10 basis points below last year. |
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| To sum it up...
June closings for the most part were homes that went under contract in April and we can remember that April was a fairly disappointing month for both showings and homes going under contract, so we should expect to see disappointing numbers in June closings. Both Detached Homes and Condos were down more than 10% from a year ago while Townhouses did make up some of the downward trend.
Home prices remain strong in both near and longer term metrics, so our expectation is that home prices will stay resilient through slower periods.
Mortgage rates may be a shining moment for Buyers and Sellers in future months as they come down and improve buying power. July is typically a lower rate month than June, so we hope to see some improvement from June's 6.83 average rate.
All of that said, we have seen some renewed interest in property showings and buyer's intent. It's time for serious buyers to get their ducks in a row and get off the fence, because when rates do move, prices will likely start going up again.
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 | NEW PRICE - Now Offered at $795,000
Take the 3D Virtual Tour, Click Here -
26117 Kielbasa Ct
Lewes, DE
4 bed / 2.5 bath / 2756 sf / $795,000
Now priced well below what it would cost to build it new, this home is an incredible value with a LEWES address.
Upcoming Open House Dates
Saturday, 7/5 and Sunday, 7/6 - 11am to 1pm
⭐ Schell Brothers Southport Model - Coastal
Farmhouse
⭐ Premium Coastal Trim Finishes Throughout
⭐ Chef's Kitchen with KitchenAid Monogram
Appliances
⭐ 7" Wide Plank Engineered Wood Floors
⭐ Upgraded Shaw Carpeting
⭐ Plantation Shutters
⭐ 4 bedrooms, loft, flex / office, unfinished 2nd floor storage
⭐️ Furnishings may be negotiable
Welcome to 26117 Kielbasa Court in sunny Lewes, Delaware—where the beach is in your backyard and coastal serenity meets modern comfort in this casual-lux beach retreat. This breezy 4-bedroom, two-story Coastal Farmhouse is built for easy living. The open-concept main level flows effortlessly from the farmhouse-style Chef’s kitchen with huge center island to the large dining area and soaring ceilings of the great room. All tied together with warm drift-wood wide-plank wood floors, bright-white cabinetry and custom shiplap and board-and-batten trim, and sophisticated sand color walls and ocean blue accents . You’re sure to feel the coastal lifestyle in every detail. The extra large primary bedroom suite with custom plantation shutters and shiplap detailing, an additional half bath, and a flex room that can be used as a fifth bedroom or as a dedicated home office space completes the first floor. Upstairs, find three roomy bedrooms with large walk-in closets, a guest bathroom and a versatile loft overlooking the great room below, and an enormous storage room that can be converted to additional living space, if needed. Each room’s custom color palette and coastal design evokes the tranquility and joy of sand beneath your feet and the gentle warmth of a coastal breeze on your face. From the great room, step outside to a screened porch and sunny back deck—your tree lined semi-private backyard is summer-ready with space to entertain, grill, or just relax - with enough room for a private pool. Whether you’re hosting friends or unwinding after a day at the beach, this home is your coastal escape, blending style, space, and a little salt air - this is truly coastal living at it’s finest.
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Congratulations to the Sellers of this amazing end-unit townhouse, and to the Buyer who will soon call it home!
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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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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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