News & Updates

Real Estate Activity 1st Qtr. 2020 Sussex County

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...

Updated Guidelines for Real Estate Professionals in Delaware

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...

Adapting to Change So You Don’t Miss the Future . . .

  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...

February 2020 Mortgage Rate Update

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...

January 2020 Real Estate Market Update

January 2020 Real Estate Market Update Active Listings/Current Inventory As of the end of January, there were a total of 1,628 homes on the market, a decrease of 1% from the previous month's end inventory of 1,639.  This represents a 6-month's supply of inventory, with a...

2019 Profile of Home Buyers and Sellers

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...

January Real Estate Mortgage RoundUp

January Real Estate Mortgage RoundUp 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...

8 Ways to Boost Your Homes Value

8 Ways to Boost Your Home’s Value Improving the look and functionality of your home goes a long way toward boosting its value. But what types of renovation are today’s buyers looking for? If you are thinking of remodeling, a national survey by Consumer Reports reveals the...

Eco-friendly Kitchen Features That Won’t Break the Bank

Eco-friendly Kitchen Features That Won't Break the Bank Eco-friendly features are all the rage today as homeowners commit to living greener lives. But for those looking to reduce their carbon footprint, where do you begin? For many, the answer is the kitchen. The central hub of the...

December Mortgage Rate Round Up

December Real Estate Mortgage Roundup Freddie Mac's results of its Primary Mortgage Market Survey® shows that " The 30-year fixed-rate mortgage rate saw little change again this week and averaged just 3.9% during 2019, the fourth lowest annual average since 1971 when Freddie Mac started its weekly survey. Heading...