Monday's Main Event - Vol. 157.0 - 01.12.2026

 

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 increases were fairly consistent across the Sussex County.  What will lower mortgage rates mean for 2026 and the Spring market? With the end of 2025, we can clearly see that home sales were fairly consistent across Sussex county with the largest unit increase happening in the Rt113 to Rt13 corridor.  Average home prices were up in all quadrants with East of Rt 1 being the strongest year over year increase.  Sales were sluggish west of Rt 13 and was also the slowest growing average sold price. Newly Pending contracts picked up slightly last wee (49 new contracts) vs. prior weeks - the lowest of which was the week between Christmas and New Year. The 30 Year Fixed Rate Mortgage for January so far was up a tick last week, holding right around 6.16%. To sum it up...  We heard last week, Fanny Mae and Freddie Mac were instructed by the President to buy $200 Billion of Mortgage Backed Securities in an effort to reduce effective mortgage rates in order to make home buying more affordable.  All indicators right now are pointing to rates just below 6% now with the official numbers being release on Thursday.   Newly Pending contracts will be the bell weather (along with closings) to keep our eye on whether these moves by in Washington are making a difference in our local market. 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.