News & Updates

October 2019 Mortgage Update

October Real Estate Mortgage Roundup Freddie Mac's results of its Primary Mortgage Market Survey® shows that "The outlook for a favorable resolution to the trade dispute between the U.S. and China is still unclear, introducing some volatility into financial markets and the benchmark 10-year Treasury yield. Mortgage...

Real Estate Market Activity for October 2019

Current Market Conditions For Sussex County, DE (as of 10/31/2019—based on sales of single-family homes) Total Single Family Homes on the Market as of 10/31/2019:  1,805 DOWN 4% from last month Inventory Breakdown:     Resale Homes—66%   New Const.—34% ~~~~~ Total Single Family Homes Sold Current Year:   3,396 Total Single Family Homes Sold Previous...

Would You Buy a Haunted House?

Spooky houses look like they haven’t seen a living occupant, gardener or handyman in years. Many so-called haunted houses are so dilapidated they look occupied by ghosts, or they’ve been on the market so long, buyers suspect there’s a skeleton hidden in the closet. But...

Monthly Trivia Answers – October 2019

A. Earthquakes have the ability to turn water into which element? Answer: Gold B. How many current NFL teams have never played in a Super Bowl? Answer: 4 More information: The four teams who have yet to compete in a Super Bowl are the Cleveland Browns, Detroit Lions, Houston Texans...

Wish List . . .

Wish List:  I want a wonderful cozy Getaway, And I want to be Close to the Beach, Beautiful Views of Trees and Greenery, and maybe even a Lake.  I want someone else to cut my lawn, I want to walk to restaurants and shopping, I...

What is a Quit Claim Deed?

What Is a Quitclaim Deed? In a typical real estate transaction, a warranty deed is used to transfer ownership. That means that the person selling the property owns it and has a right to sell it and that no third party has a lien against the...

Real Estate Investing

How to Get Started in Real Estate Investing Whether you’re looking to go all-in and become a landlord or dabble from a distance through a REIT, real estate investing offers many advantages over stocks and bonds, such as only having to pay a portion of the...

Actually “Live” at the Beach and Save Money???

Click here for details on the homes pictured above . . . If you’ve not explored the Beach areas of Southern Delaware then You are Truly Missing Out . . . Sussex County and its’ coastal towns of Lewes, Rehoboth Beach, Dewey, Bethany Beach and Fenwick Island...

Monthly Trivia Answers – September 2019

A. What did the Montgolfier brothers invent? Answer: The Balloons B. Which is the only team in NFL history to have scored three touchdowns in less than a minute? Answer: New England Patriots More information: The Patriots actually accomplished this amazing feat twice, once in 2012 and the other...

Real Estate Market Watch – August 2019

REAL ESTATE MARKET WATCH – AUGUST 2019 The statistics referenced here and in the attached newsletter 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 1,945 homes on the market,...
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