Monday's Main Event - Vol. 175.0 - 06.22.2026

 

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... …Momentum varies as location, rates, and affordability steer buyer decisions… Although down slightly, closings are strongest between Routes 1 and 113, while East of Route 1 continues to command the highest average sold price.  The western quadrants remain more price-sensitive, with year-over-year pricing pressure showing up most clearly west of Route 13. Pending activity peaked in Week 23, then cooled dramatically through Weeks 24 and 25.  That pullback suggests buyers are still active, but momentum is waning as June moves toward month-end. Rates improved a little last week, but remain below last June.  Edging higher from May, we're keeping affordability front and center.  The monthly payment estimate improved year over year, though the most recent move added back some expense. 🏠 Sussex County closings show a clear split by geography, with the strongest activity closest to the beach and premium pricing still concentrated east of Route 1. 📊 Pending contracts cooled after a mid-month peak, suggesting demand is still present but not moving in a straight, upward line. 💰 Mortgage affordability is slightly better than last June, though rates and payment estimates moved up from May. ☀️ As June wraps up, pricing, location, and financing remain the big factors shaping buyer decisions across Coastal Delaware. Now offered at $755,000.00 This beautiful Iris model from Schell Brothers reflects coastal style with a nod to an equestrian lifestyle.   Conveniently located in the community of Saddle Ridge, it's just minutes to downtown Lewes and Rehoboth.  The three season room overlooking the community green space, pond, and amenities is a must see.  Complete with 4 bedrooms and 2.5 bathrooms, there's plenty of room for comfortable living and entertaining.    Property Details:  https://us-east.prospects.com/prospects/m.do?tk=57ff4857b8676b8357fb49a0a8789c11 3D Tour: https://my.matterport.com/show/?m=TjdmJTchBi1   Schedule a Private Showing Under Contract With a Kick-Out Sometimes the right home just feels like home the moment you walk in.   Property Details:  https://us-east.prospects.com/prospects/m.do?tk=2a9c8a39e688e6a745b94f04605c65d6 3D Tour: https://my.matterport.com/show/?m=JqnUpkAVnSe Schedule a Private Showing Under Contract!   Easy coastal living starts here—where one-level comfort, bright spaces, and a welcoming community come together just minutes from the beach. Property Details:  https://us-east.prospects.com/prospects/m.do?tk=3067d7c892caf838e7bf392ad65d5d1b 3D Tour: https://my.matterport.com/show/?m=JvtYHVgYNot   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.