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Sold Properties in February 2017


* No Lots Sold – February 2017
* Stats Include All Sales Posted by All Brokers on the MLS
* Info. from the Sussex County Association of Realtors MLS

Monthly Trivia


General Trivia
A. Belarus was the 100th country to get….. What?
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B. Which MLB manager holds the record for most ejections of all time?
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C. When adjusted for inflation, which is the highest grossing film of all time?

Market Activity for February:


As of the end of February, there were a total of 2,105 homes on the market, an increase of 1% from the previous month’s end inventory of 2,079.  This represents a 10-month’s supply of inventory, with a current absorption rate of 207 homes sold per month thus far in 2017.

Closed Sales

For the first 2-months of 2017, sales of single-family homes in Sussex County are up 20% over last year, with 413 homes sold compared to 344 for the first two months of 2016.  The areas with the largest increase were the Dagsboro Area, up 127% and the Bethany Area, up 55%.  The areas with the largest decrease are the Milton Area, down 38% and the Georgetown Area, down 33% from last year to date.

millsboro March

Six Easy Low-cost Energy Savers


According to Energystar.gov, the average American household spends more than $2,200 a year on energy bills, with nearly half of that amount spent on heating and cooling.

Here are six easy, low-cost ideas to cut those bills down:
Change your air filters. It’s a chore that’s easily forgotten, so put it on your calendar every one month to three months. Dirty filters slow air flow causing your heat and air units to work harder and break down faster.
Wash clothes in cold water. This one’s a surprise, but energystar.gov claims cold water is just as effective as hot and will get your clothes clean without damaging fabrics.
Seal and insulate your heating and cooling ducts. Air ducts can waste energy, so sealing and insulation can save as much as 20 percent on our energy bill or more.
Seal windows and outside doors. All it takes is a little caulk and you can stop small leaks that add up to big money. Test for leaks on a windy day by lighting a candle and holding it near window seals. If the flame moves, you’ve got a leak.
Upgrade to a programmable thermostat. If you’re gone at the same time every day, a programmable thermostat can lower or raise the temperature which saves energy… and saves, you nearly $200 a year.
Have your HVAC serviced regularly. A service check once in the spring and once in the fall can improve efficiency and possibly prevent equipment breakdowns. The technician will test air flow and parts that may need replacement.

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