News & Updates

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...

Real Estate Market Update – December 2019

Real Estate Market Watch  -  December 2019 Active Listings/Current Inventory As of the end of December, there were a total of 1,639 homes on the market, a decrease of 5% from the previous month's end inventory of 1,722.  This represents a 5-month's supply of inventory, with a...

Real Estate Market Update – November 2019

Real Estate Market Watch – November 2019 Active Listings/Current Inventory As of the end of November, there were a total of 1,722 homes on the market, a decrease of 5% from the previous month's end inventory of 1,805.  This represents a 5-month's supply of inventory, with a...

November 2019 Mortgage Round Up . . .

November Real Estate Roundup Freddie Mac's results of its Primary Mortgage Market Survey® shows that "The housing market continues to steadily gain momentum with rising home buyer demand and increased construction due to the strong job market, ebullient market sentiment and low mortgage rates. Residential real estate...

Wet Rooms – Why they may be the Perfect Solution . . .

The Inside Scoop on Wet Rooms It’s official: Wet rooms are a rising trend in luxury bathroom design. For years, they’ve been used as a solution when space was limited, but this style is increasingly being seen in high-end homes for many reasons. Before we dive...

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...
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