News & Updates

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...

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...