Monday's Main Event - Vol. 133.0 - 07.14.2025

 

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... ... Home prices in June were still strong across the county with transactions stronger closer to the beach ... By Quadrant, June shows a stronger market the closer to the beach you get.  We can also see in the June results that there is limited to no price resistance with prices increasing in all quadrants with the exception of East of Rt. 1. The second week of July; rates rose for the first time in last 7 weeks.  Although, they are still below last month and last year, it's something to keep an eye on. To sum it up...  As noted last week, June's decline came mostly from Detached Homes, which have hold the lion-share of transactions by property type.  We can now see by quadrant that that decline was further compounded with homes West of Rt.113 and softer performance East of Rt 113. Interest rates have been on the decline for the last 7 weeks, so it's not entirely surprising to see a little correction right now, without any reductions in the Fed Rate. Congratulations to the Sellers of this amazing home in Hailey's Glen, and to the Buyers who will soon call it home! 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 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.