Monday's Main Event - Vol. 156.0 - 01.05.2026

 

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... ... 2025 was a little bit of a roller coaster with marginal increase over the prior year by years end ... 2025 Closed out the year up just slightly over 2024 with a 2 percent overall increase in number of homes closed on and an average price up nearly 5 percent. The year started off very strong with January beating the prior year by 25% in the number of homes closed on and the average price was up 18%.  By the last quarter of the year (October though December), home sales went sharply negative while the average price was up slightly for the three month period. The 30 Year Fixed Rate Mortgage for January so far is at 6.15% vs nearly 7% a year ago.  This decline in rate opens up a lot more purchasing power for home buyers. To sum it up...  2025 was a challenging year in the Real Estate market with buyers waiting patiently to see how Fed rate reductions in October, November and December would impact mortgage rates.  Suffice to say, rates did come down marginally, but while buyers wait, the average home price has increased. This beautiful Frank model from Insight Homes is is well appointed and ready to move into.  Now being offered at $585,000 - it's priced $10K below the builders base price.  This home can't be replicated for this price! Come see it, today! Property Info:  https://us-east.prospects.com/prospects/m.do?tk=2a9c8a39e688e6a745b94f04605c65d6 Property Video: https://players.brightcove.net/5781544516001/default_default/index.html?videoId=6377143916112 Property Walking Tour: https://my.matterport.com/show/?m=JqnUpkAVnSe Schedule a Private Tour Under Contract! I'm very happy for my Sellers and the Buyers / future owners as they move toward settlement and achieving their life goals. Property Info:  https://us-east.prospects.com/prospects/m.do?tk=720bb53289d66f8909d5efbaae8bbed3 Property Walking Tour: https://my.matterport.com/show/?m=be9GSVjC34n 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.