What Sold Week Ending October 17? Our Team focuses on Fee Simple Properties in the Coastal Areas of Sussex County: Rehoboth Beach, Dewey Beach, Lewes, Milton, Bethany Beach and Fenwick Island; as well as the popular inland areas of Harbeson, Millsboro, Ocean View, Millville, Frankford, Dagsboro and Selbyville. There were a total of 93 … Continue reading What Sold October 11th to the 17th, 2020
October 2020 Market Watch The statistics referenced here are based on single family homes derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of September, there were a total of 1,011 homes on the market, a decrease of 11% from the previous month’s end inventory of 1,132. This represents … Continue reading October 2020 Market Watch
What Makes a House Seem Spooky? Have you ever toured a home and just wanted to run right back outside? Maybe something hit you negatively, but it could be easily fixed. If the location and price are good, updates could be the answer. Ask yourself: what would you do to make a creepy home warm … Continue reading What Makes a House Seem Spooky?
Coastal Delaware’s Trails When the weather is sweltering hot sunbathing on one of coastal Delaware’s pristine beaches is a must. But what do the locals do when the weather cools off? Many of us take advantage of the beautiful hiking and biking trails that border our favorite beach towns. With More than 100 miles of … Continue reading Why We Live Here . . . Coastal Delaware’s Trails
Dining with Coastal Views . . . A frequent request for restaurant-goers is waterfront dining options. Coastal Delaware is sure to please! Here are just a few options . . . A new addition to Coastal Delaware’s repertoire of waterfront eateries is the Harbour. The Harbour restaurant promises trendy takes on classic favorites including a fried … Continue reading Why We Live Here . . . Dining with Coastal Views
Real Estate Market Watch – August 2020 The statistics referenced here are based on single family homes derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of August, there were a total of 1,132 homes on the market, a decrease of 11% from the previous month’s end inventory of 1,271. … Continue reading Real Estate Market Activity Sussex County August 2020
April Mortgage Rate Update Freddie Mac’s results of its Primary Mortgage Market Survey® shows that “Mortgage rates have stabilized over the last few weeks as the market searches for direction in the fog of economic data. While financial markets initially rallied on the news of Federal Reserve support and are improving due to the Senate’s passage … Continue reading April 2020 Mortgage Update
Current Market Conditions for Sussex County, DE (as of 3/31/2020—based on sales of single-family homes) Active Listings/Current Inventory As of the end of March, there were a total of 1,663 homes on the market, a minmimal decrease from the previous month’s end inventory of 1,666. This represents a 6-month’s supply of inventory, with a current … Continue reading Real Estate Activity 1st Qtr. 2020 Sussex County
The BeachByBabs Team offers the following update in an effort to keep our Clients Informed and Safe . . . Guidelines for Real Estate Professionals in Delaware Advisory Guidance for Safe Practices for Real Estate Agents in Delaware to Comply with the State of Emergency Declared for our safety by Governor Carney. This has been reviewed through the Division … Continue reading Updated Guidelines for Real Estate Professionals in Delaware
Without doubt we are all living in a historic and difficult time. Rest assured that our first priority is the safety and health of all our clients, both buyers and sellers. And in order to protect everyone, all of us in the real estate profession have strict new rules with respect to the practice … Continue reading Adapting to Change So You Don’t Miss the Future . . .
February Mortgage Rate Update Freddie Mac’s results of its Primary Mortgage Market Survey® shows that “This week’s mortgage rates were the second lowest in three years, supporting homebuyer demand and leading to higher refinancing activity. Borrowers who take advantage of these low rates can improve their cash flow by lowering their monthly mortgage payments, giving them … Continue reading February 2020 Mortgage Rate Update
National Association of REALTORS 2019 PROFILE OF HOME BUYERS AND SELLERS Since 1981 the National Association of Realtors (NAR) has conducted an annual survey of recent home buyers and sellers “nationally” in an effort to gain insight into their buying or selling experience. Below is an excerpt of the 2019 Survey. For the Full Report … Continue reading 2019 Profile of Home Buyers and Sellers