Monday's Main Event - Vol. 162.0 - 03.02.2026

 

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... …Spring demand is waking up—prices steady, pendings choppy, rates finally under 6%. February ended down nearly -20% from a year ago while prices are staying strong year over year and compared to the 5 year average. Valentines was the unofficial start to the Spring market in Coastal Delaware and when we started to see an increase in pending home sales.  Last week there was a slight decline as home buyers were digging out from the winter blizzard early in the week.  The February 30-year mortgage rate declined from January and a year ago and March is following suit - falling below 6% for the first time since September of 2022. To sum it up...  🏠 February wrapped up about 20% below last year’s pace, but home values are still holding strong versus last year and the 5-year average. 📊 After Valentine’s Day kicked off the unofficial start of the Spring market, we saw a nice pop in pending sales—followed by a slight pullback last week as buyers were still digging out after the early-week blizzard. 💰 Mortgage rates are giving buyers a boost: February’s 30-year rate came down versus January and last year, and March is continuing the trend, dipping below 6% for the first time since September 2022. ☀️ With weather improving and rates easing, expect more showings, more activity, and a steadier flow of new pendings as March momentum builds. Now Available! Now active in Creekside and ready for your showing window—this spacious end-unit feels like the perfect coastal launchpad for weekend getaways, a second home tradition, or a smart rental-ready investment. With multiple living levels and an entry-level bedroom, it’s set up to host comfortably and live flexibly. The private dock access and boating connection make it especially hard to replicate—don’t miss your chance to tour it early.  Property Details -  https://us-east.prospects.com/prospects/m.do?tk=ed9e0d397ab10def726291345c961042 3D Tour -  https://my.matterport.com/show/?m=AoLimwbVgRd Schedule a Private Showing Back on the Market! This beautifully appointed Frank model by Insight Homes is move-in ready and now offered at **$585,000**—priced well below the builder’s base price, even before factoring in any aftermarket upgrades. An incredible value, perfectly timed for the spring market! Property Details:  https://us-east.prospects.com/prospects/m.do?tk=2a9c8a39e688e6a745b94f04605c65d6 Property Video: https://players.brightcove.net/5781544516001/default_default/index.html?videoId=6377143916112 3D Tour: https://my.matterport.com/show/?m=JqnUpkAVnSe   Schedule a Private Showing Closed! At just 1% below the original list price in a market where the average discount is more than 5%, it's important to know value when it's presented.   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.