Monday's Main Event - Vol. 163.0 - 03.09.2026

 

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... …Coastal Delaware market steadies as warmer weather, spring events, and lower mortgage rates boost buyer momentum… February was down across the county with the only increase over a year ago in the quadrant between Rt's 113 and 13.  Prices held strong across the county with a slight dip in the same quadrant. Pending home sales were up only slightly from the week prior, likely due to the colder weather and less than ideal conditions.  As we move into warmer weather and the unofficial Spring start with St. Patricks day folly this weekend, we expect to see more showing activity and pending sales rise. March 30 year mortgage rates are right around 6% giving real savings and stronger buying power from February and a year ago. To sum it up...  🏠 February activity across Sussex County came in lower year-over-year, with the only area showing growth located between Routes 113 and 13. Home prices overall remained resilient across the county, though that same quadrant saw a slight dip compared to last year.   📊 Pending home sales rose modestly week-over-week, likely influenced by colder weather and less-than-ideal showing conditions. As temperatures improve and St. Patrick’s Day weekend marks the unofficial start of the spring market, we expect buyer activity and showing traffic to increase.   💰 Mortgage rates continue to provide encouraging news for buyers. The average 30-year mortgage rate in March is hovering around 6%, offering improved purchasing power compared to both February and the same time last year.   ☀️ With warmer weather ahead and seasonal events bringing more visitors to Coastal Delaware, the coming weeks should bring stronger momentum to the local housing market. 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 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 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.