Russell Stucki's Blog

Price Surge Sparks Major Dewey Beach, DE Jumbo Loan Adjustment

Throughout the U.S., the average value of a single-family residence has grown by double digits for more than two years.  Area homeowners have been rightly pleased to see how rapidly their own home’s market values have continued to appreciate. With increases at those levels, it’s only...

When is Delay in Selling a Gift?

When you find yourself in a maybe-I-should-list-now or maybe-it’s-better-to-wait standoff, the latter is the decision that usually wins out. The reason is what the high school science teachers told us was “momentum.” When ‘list now’ and ‘list later’ signals are...

Just for Fun: Your Fenwick Island, DE Columbus Day Quiz!

 Columbus Day in Fenwick Island, DE finds the government offices and banks closed, schools out, and the perpetual controversy over the holiday renewed for another year. By way of enjoying the partial day off, let’s skip the controversy and just have fun via a Columbus Day quiz! 1.  ...

Wall Street Smiles on House Flipper Efforts

 House-flipping has become a staple in the realm of reality TV entertainment—and why not? One of the deep pleasures of that actual Rehoboth Beach, DE house-flippers experience is the feeling of accomplishment that goes with turning a fixer into an eager buyer’s dream house. Another is...

Why Ocean View, DE Residents May Delay Move to "Telosa"

 It’s probably fair to say that when a typical Ocean View, DE resident hears some of the more strikingly novel details about what urban life will be like in the future, he or she is likely to take them with a grain or two of salt. One example that recently hit the CNN airwaves was a project...

Why Lewes, DE Realtors® Earn their Place as the Peoples' Choice

 It wasn't too long ago that we revisited the famous list that cites the more than 230 critical actions that Realtors® may be called upon to perform for their clients. That fabled list continues to attract web traffic, principally owing to its popularity with agents who like to reprint it....

Federal Affordable Housing Plan Details Could Spark Controversy

 For readers tuned in to developments affecting Bethany Beach, DE real estate, the month began with an Associated Press dispatch announcing federal plans to increase the stock of 2,000,000 “affordable” U.S. homes. The ambitious goal was set “in response to the volcanic rise in...

Fortune Magazine Calls for a Housing Market "Big Shift"

 Last week, Fortune Magazine’s headline may have seemed overblown, but it did its job of capturing the attention of any Dewey Beach, DE readers who happened to come across it:  “There’s a big shift happening in the housing market.” It’s the kind of headline that...

Fenwick Island, DE Homeowner Strategies for Reducing Power Bills

 Fenwick Island, DE homeowners who've been thinking ahead about the long-term prospects for trimming their energy bills eventually have to come up with some decisions. Given the reams of information about alternate energy sources, it's fortunate that some of the alternatives are easily dismissed...

Bethany Beach, DE Real Estate Watchers Like Moderating U.S. Results

 The news from around the nation gave Bethany Beach, DE real estate followers good reason to doubt a tendency in the national media. For most of the month, much of the reportage had seemed to project an undertone of vaguely inauspicious goings-on. “Buyer Frustration is Slowing Real Estate...

Neutralizing Anxiety Over Buying or Selling Georgetown, DE Homes

At this point, nearly everyone is well aware of how intense the local real estate market has been of late. Low inventory, bargain-basement mortgage rates, and a raft of pandemic-spawned changes in buyer preferences have created a unique set of market conditions. One that has favored homeowners selling...

How Buyers Search: South Bethany, DE Agents Seize on New Trends

There’s no denying that how people search for real estate has changed over the last 18 months or so—accelerating trends that had already been developing for a while. As you consider which agent to tap for selling your home this fall, getting top dollar from your sale should include evaluating...

How Fannie Mae News Expands the Ranks of Lewes, DE Buyers

 Potential home buyers and the sellers whose properties already appear in the Lewes, DE listings recently got a piece of good news. For them—as well as those deciding whether to wait for next spring’s traditional busy season—the announcement came from mortgage finance giant Fannie...

Pro Investor Moves Encourage North Bethany, DE Residential Buyers

 With U.S. residential real estate prices at today’s levels, from a pure investment standpoint, some potential North Bethany, DE home buyers might assume that a downturn in values might be more likely than not. That feeling would hardly be improved by the onslaught of troubling international...

‘Best’ and ‘Worse’ Breed Lists Mark U.S. Pet Obsession Rehoboth Beach,

If you’ve watched much TV lately, you’ve noticed that advertisers are bending over backward to somehow include dogs and cats in their commercials—even featuring dog families out for a Sunday drive without their owners. The growing fondness for pets has had a significant impact on U.S....

Identifying the 3 Groups Who Remodel Their South Bethany, DE Homes

 When it comes to identifying the most popular group in our area, topping the list has to be hardware store employees—at least for the South Bethany, DE homeowners wandering the aisles of a local hardware outlet, looking for help. As the chief do-it-yourselfer in any household will testify,...

Profit Margin Gains and Desperate Writers Make News

Last week could have been misleading for busy Fenwick Island, DE real estate investors who were too rushed. If they were pressed for time, skimmed headlines or only the first paragraph or two of reports and opinion pieces might have left them with false impressions. Some of last week’s news could...

For Ocean View, DE Homebuyers, the Two Essential Preparatory Steps

 The latest national polling of real estate professionals yields a convincing picture of a market that's stubbornly remaining in the sellers' corner. If so, this August's home hunters shouldn't be surprised to find competition for the Ocean View, DE homes for sale—and reason...

Is There Really a ‘New Normal’ for Rehoboth Beach, DE Homebuying?

Is There Really a ‘New Normal’ for Rehoboth Beach, DE Homebuying?    As Rehoboth Beach, DE residents strive to resume life and career in anything like their pre-pandemic forms, one phrase that used to appear a lot less frequently keeps popping up: “the new normal.” The...

Murphy’s Law’s Five Moving Day Corollaries

It’s one of those regrettable facts of life that Murphy’s Law and many a North Bethany, DE Moving Day have a lot in common. In case you’ve forgotten, the Law is stated as, “Anything that can go wrong will go wrong.” Google claims that the Number One query about the Law...

7-Question Quiz: Choosing a Veteran Lewes, DE Realtor®

A (slightly tongue-in-cheek) Multiple choice quiz: Select the BEST REASON WHY you should be sure to hire an experienced Lewes, DE Realtor®: The best reason is because, using the web, —your printer might run out of ink before you can print out a list of today’s Lewes,...

Some "First-Time Homeowners" have Owned Homes Before!

For a large number of prospective homebuyers, the feasibility of the transaction depends on the terms being offered by the home loan originators. Once you delve into the range of possible home loan offerings, you soon find that a large proportion of special benefits are being made available only to first-time...

Surprise for Dewey Beach, DE Real Estate Watchers: News!

Like most of the rest of the news, midsummer real estate reporting usually draws little attention. It’s what journalists call the ‘silly season,’ when unimportant or just plain silly stories fill in for real news. This is the time of year when newsgatherers feel it safe to head off...

Five or Six Signs that it’s Time to Sell Your Fenwick Island, DE Home

 For those who are on the fence about whether this summer is the right time to sell your Fenwick Island, DE home, last week’s Realtor.com website provided some video guidance. Their video brief noted five signs that it might be time to start looking for your next home:  If the...

One Way to Look at the Future of Fenwick Island, DE Real Estate

 With U.S. home prices at record levels, it’s reasonable to speculate about the future of Fenwick Island, DE real estate—particularly whether it’s such a good idea to buy right now. Most everyone recalls the last time real estate prices set records—and the drop-off that followed....

Is Ocean View, DE Inflation Really 5%? Yes (and No)

 The latest Consumer Price Index registered a 12-month rise of just 5.0%. For many Ocean View, DE homeowners, that percentage is hard to square with the prices that keep ringing up at local gas stations. Five percent inflation doesn’t seem to match what’s been happening to a dollar’s...

Virtual Real Estate: Curiouser and Curiouser…

Down through the ages, land ownership has been synonymous with permanence, stability, and substance. Buying a piece of property also carried a measure of “belonging” since owners are automatically deemed to be members of the community (their tax bills prove that)! The feeling of substantiality...

Ten Trivia Questions for Lewes, DE’s Independence Day

 Lewes, DE’s Independence Day falls on Sunday this year—but you can be sure that many Lewes, DE residents will want to also take advantage of Monday’s federal extension of the holiday. We frequently hear that the nation is in danger of allowing the entertainment aspects of July...

Are Dewey Beach, DE Home Prices No Longer Affordable?

 For a lot of families that are well-positioned to start serious house-hunting this summer, one question may give them pause: are Dewey Beach, DE home prices just too high to be reasonable? The answer seems largely speculative, but there are objective benchmarks that point to an answer. Back...

Is the Gonzo Housing Market Ready to Take a Breather?

When you read that for the second month in a row, U.S. properties are, on average, being sold in 17 days, Bethany Beach, DE readers would assume that the housing market is blazing ahead, full steam. It looks like the Big Picture for residential real estate: it’s a seller’s market—and...

North Bethany, DE Real Estate Relates to One Expert’s Assessment

 Friday’s Bloomberg Wealth interview with “The World’s Most Successful Real Estate Investor” shed light on one notable insider’s current thinking—views that should engage anyone with an interest in North Bethany, DE real estate. “Is now a good time to...

Ocean View, DE Dog Connection has Real Estate Consequences

Ocean View, DE dog lovers (some think of them as ‘owners’—but, depending on how protective the breed, it’s not entirely clear who owns whom) would likely place Ocean View, DE high on rover.com’s 2021 list of the most dog-friendly locales. For the record, Denver was rated...

Top 4 Ways to Deal with Your Own South Bethany, DE Climate Change

Regardless of folks’ wider views on climate change, there is universal agreement when it comes to one change in South Bethany, DE’s climate: it’s going to get hotter. It’s one climate change that happens every summer. For the moment, the experts who monitor patterns of energy...

Fenwick Island, DE Listings Needn’t be Opportunities to Overspend

For CNBC’s correspondent Michelle Fox, last week’s topic was overspending. Her insights were timely for anyone browsing through this spring’s Fenwick Island, DE listings with a strong ‘gotta have’ list of desired features—but without a firm budget in mind. The theme...

In June, Dewey Beach, DE Homeownership is Cause for Hoopla

June in Dewey Beach, DE is well known as the leading month for celebrations. Weddings are most common in June. Nearly 11% of American weddings happen this month, narrowly edging out August. More high school and college graduations take place in June, too—although in some years, May makes it a squeaker. But...

Record-Breaking Home Prices Split Buyer Sentiment

Last week, if you were among the Lewes, DE readers who happened across Mortgage News Daily’s banner headline, you could almost hear the writer’s yawn as he penned, “April’s Home Prices Grew by 13% and Broke More Records.” The implied ‘ho hum’ behind the words...

Ocean View, DE Home Décor Choices Respond to Lifestyle Shifts

Like all fashion trends, Ocean View, DE home décor styles come and go—something that can prove troublesome when it comes time to sell your home. Dealing with the master bath’s wallpaper (the one with a motivational saying whose stylish font had such a modern feel 15 years ago) may...

Why the Price of ‘Home Bargains’ Seems to be Expanding

You can rightly say that Rehoboth Beach, DE home bargains are still out there—but not without an asterisk. For local house-hunters who’ve been warned about a shortage of homes for sale, that should come as welcome news—but that does neglect to mention that the meaning of ‘bargain’...

Is CFPE a Proven (though Illogical) South Bethany, DE Listing Strategy

South Bethany, DE real estate wisdom tends to agree with verities from other realms. When you consider the size of real estate transactions in general, it’s logical that it would be hard to keep any truly valuable observation secret for long.  Even so, there are exceptions to the rule....

Dewey Beach, DE Homeowners: Time to Think ‘Deck’

Back in March, real estate site apartmenttherapy.com urged homeowners to do some soul-searching before signing up for a new backyard deck. Although their “5 Questions” were said to be those real estate pros “say you should ask yourself,” you don’t have to be a professional...

Lewes, DE Real Estate Investments: Not Part of the Herd

 There are reasons why Lewes, DE real estate investments (and real estate investments as a whole) are often considered to be in a class of their own. Bankrate.com, for instance, doesn’t even mention real estate in its current “Best low-risk investments in 2021,” despite listing...

If ‘Everything Screams Inflation,’ Why List Ocean View, DE Homes?

Inflation has been on a lot of peoples’ minds lately, including Ocean View, DE homeowners who have been considering whether now is the time to list their Ocean View, DE homes. In what has been universally acknowledged to be a seller’s market, for most, the main reason to hesitate has been...

Odds that Bitcoin will Buy Today’s Fenwick Island, DE Homes for Sale

Local homeowners with Fenwick Island, DE homes for sale may be tradition-bound when it comes to how they plan on being paid (that is, with money)—but not every homeowner is equally old-fashioned. As CNBC pointed out last week, dollars aren’t the only option. Their report, “Real estate...

Much-Needed Clarity for Bethany Beach, DE Real Estate Watchers

By the end of Friday, Bethany Beach, DE real estate watchers who hadn’t been paying close attention might have headed into the weekend thinking that home prices weren’t rising as quickly as expected. Or they might have thought the opposite. Likewise, mortgage rates again were on the rise...

For First-Time Homebuyers, Relief Comes with Two Facts

You can’t fault a young Lewes, DE homebuyer for questioning the need to hire a Realtor® to help buy their first house. After all, they don’t need to recruit an automobile-buying specialist when they go shopping for a new car—or a nutritionist for a trip to the grocery store.  Even...

Debate Rages Over Dormant Inflation and South Bethany, DE Real Estate

Last week’s Economic Report from MarketWatch was pretty close to the editorial equivalent of a helpless shrug. On the newly reopened topic of future inflation—a subject bound to have a considerable impact on the shape of South Bethany, DE’s real estate market in coming years—MW’s...

Does Ocean View, DE’s Daylight Savings Do More than Pilfer Sleep?

 Jamestown residents have the week to prepare for Sunday’s sleep-hijacking event—the middle-of-the-night adjustment that’s required to initiate Jamestown’s Daylight Savings Time. Despite the “spring forward” memory marker, for many who choose to grumble over their...

Refinancing Now: Freddie Mac Has Four Reasons Why

 Freddie Mac’s slogan is “We make home possible”—a claim that is literally true for more than a few Lewes, DE homeowners. Freddie (the Federal Home Loan Mortgage Corp.) has the stated mission to keep money flowing (that is, supply liquidity) to the nation’s smaller...

No Off-Broadway Musicals Slated with Lewes, DE HOA Themes

Homeowner Associations simply don’t make for spine-tingling backdrops. Again this year, there are no HOA-themed musicals planned for off-Broadway debuts, and nary an HOA-themed mystery series is scheduled for Netflix or HBO this (or any) season. In fact, it’s hard to coax media writers...

Spring Homebuying Season Favors Decisive Bethany Beach, DE Buyers

If last week’s Realtor® Magazine commentary is accurate, the timing for Bethany Beach, DE’s peak homebuying season looks as if it is apt to return to traditional seasonal patterns—unlike what happened in 2020. If the economists at the National Association of Realtors are reading...

One Preemptive Move Dewey Beach, DE Home Sellers Can Take

“A home inspection is one of the last hurdles that buyers and sellers have to get through before the sale of the property is complete.” After that definitive declaration, the moving.com web site goes on to detail the importance of home inspections. It is unarguable—as far as it goes....

Tuesday is Ocean View, DE’s Groundhog Day—and a Mistake!

Most local folks will be reminded that Tuesday is Ocean View, DE’s Groundhog Day via the media circus surrounding Punxsutawney Phil’s televised prognostication. Few, if any, will question how February 2 came to be the rodent’s day of reckoning. Although NOAA says Phil’s predictions...

Spotting Buyer Preference Shifts Over Time

When you’ve been in the same home for quite some time, selling your South Bethany, DE house to today’s buyers probably means studying market preferences that differ somewhat from those that were current the last time. If you check up on the Top Ten lists of features buyers value, you find...

Some Down Payment Misconceptions are Still Common

In a post published last week, a panel examined some common real estate misconceptions. Seven Forbes Real Estate Council members sought to correct misinformation they say they encounter most frequently—especially from first-time homebuyers. The errant assumptions were especially noteworthy because...

5 Hygienic Renovations for Selling Rehoboth Beach, DE Homes

Last week, area homeowners who plan on selling their Rehoboth Beach, DE homes might have discovered some promising ideas for making the most of today’s pandemic-spawned health concerns. The ideas came in a video presented by realtor.com, which introduced some newly popular renovations aimed at...

Are Gender House-Hunting Role Stereotypes Changing?

There’s no shortage of research and insights into how men and women differ when it comes to consumer attitudes—but scarcely any that deals specifically with the most important purchase either sex makes: buying a home. A while back (2013), Realtor® Magazine did tackle the topic in a piece...

Sudden Move Brings New Jitters for Mortgage Rate Stability

Seaford, DE  homeowners and the Seaford, DE  Realtors® and mortgage professionals who serve them aren’t the only ones who keep an eye on the day-to-day gyrations of home loan interest rates. Every move is so consequential to the rest of the national economy that even minor tics get...

North Bethany, DE Listing Decision May be Affected by Federal Move

For homeowners weighing the pros and cons of adding their homes to the North Bethany, DE listings, the ‘pros’ are substantial. The steady national rise in home prices indicates a healthy market—one significant “pro.” The latest national existing-home sales price figures...

Simple Actions Help Turn Renters into Lewes, DE Homeowners

The season for New Years’ Resolutions is barely underway, but if history is any guide, many have already met their Waterloos. For future Lewes, DE homeowners resolved to make this the year they make the leap from renter to homeowner, there are some incremental moves that will make that leap less...

Long Neck, DE Homes for Sale: Why Wait?

About this time every year, the question for house hunters is whether to delay their serious shopping until the anticipated springtime upsurge in Long Neck, DE  homes for sale. Almost every year, when the weather begins to warm, the springtime ‘For Sale’ signs blossom. One school of...

Does a Smart Home Payoff Come from an Unexpected Source?

Some of today’s ‘smart home’ technology is costly—even considering the savings from lessened resource usage. Even so, the ‘green’ results seem to provide sufficient motivation for many environmentally focused Delaware homeowners. Yet there is the possibility that...

Top Events Lists Held Some Good News in a Tough Year

No one may be sure of how many Fenwick Island, DE homeowners chose to deal with their year-end stir-craziness by surfing the web last weekend, but for those who did so by Googling “top events of 2020,” there wasn’t much doubt about what finished as Number One: The pandemic, of course. Second...

Five Major Real Estate Trends: ‘Steady as She Goes!’

Dave Ramsey is a standout among media finance coaches. It’s hard to disagree with his brand of commonsensical counsel that eschews shortcuts and paths to riches that depend on newly concocted strategies. Bethany Beach, DE readers and listeners who rely on his consistently risk-averse advice learn...

Delaware Homes for Sale Predictions Read Like a Tennis Match

 For prospective buyers who will be out looking for Delaware homes for sale in the coming year, last Wednesday’s “Housing Forecast for 2021” that was picked up by commercial newswires held both good and bad news. The mix of favorable and less-favorable elements alternated back...

Motley Fool Recommends a "Drawback" for Rehoboth Beach, DE Investors

Ever since its founding nearly 30 years ago, Rehoboth Beach, DE investors have been entertained and educated by The Motley Fool—the financial and investing advice company known for its good-humored “foolish take” on stock market matters. The firm started out by publishing a run-of-the-mill...

Don't Panic—but Ocean View, DE's Holidays are at the Door!

Attention, Ocean View, DE! Ready or not, the Holidays are not waiting around! If that alert strikes you as unnecessarily alarmist, remember that this year's calendar works out to have fewer days than usual between Thanksgiving and Christmas. And if your traditional Thanksgiving tryptophane-engendered...

Lewes, DE Home Sellers Don’t Cringe at this "13"

In any other year, when Lewes, DE homeowners read an opening line like, “For the 13th time this year, the 30-year fixed-rate mortgage set a record low…,” their reaction would most likely be something like, “Wow! They cut rates again! How great!” Not this year. Most of...

Why Dewey Beach, DE Home Sellers Find Weekend Dog Show Relevant

 It is increasingly clear that as Americans, we are members of a pet-crazy nation. Last Thursday was more than just Thanksgiving Day: at noon, it was time for TV’s 18th annual presentation of the 2-hour National Dog Show. Dewey Beach, DE viewers who tuned in to NBC got ringside views of the...

Why Brisk Sales for Bethany Beach, DE Businesses Affects Homeowners

With Thanksgiving Day gatherings behind us, this year’s Bethany Beach, DE holiday shopping action re-focused on the Black Friday sales phenomenon. Early reports were encouraging—but confirmed what Bethany Beach, DE businesspeople expected: a substantial tilt to home-based shopping. CNBC’s...

Despite Everything, Consumer Credit Scores Rise

Sometimes perfectly logical assumptions just don’t pan out. For homeowners who had planned to sell their North Bethany, DE home this year, the sudden advent of the COVID-19 pandemic looked like the worst kind of bad news—what pundits call a “black swan”—the kind of out-of-the-blue...

Which House-Hunting Decisions have Fundamentally Changed?

House-hunting in Fenwick Island, DE may start on a laptop, but although “sight-unseen” purchases are on the rise, sooner or later, most forays become less virtual. Soon after one of Fenwick Island, DE’s experienced Realtors® is recruited (preferably, that’s me), the hunt will...

Details Emerge about Unforeseen Shift in Real Estate Activity

For anyone who follows Ocean View, DE real estate trends, this year has upended all expectations. Even following the declaration of the national pandemic emergency, the course of activity continued to follow an unpredictable path. Last Thursday, the National Association of Realtors® Newsroom revealed...

Lewes, DE Real Estate Vocabulary Spawns this List

Every profession creates them—an ever-expanding vocabulary of specialized terms, followed by the list of acronyms they spawn. Lewes, DE real estate is certainly no exception Fortunately for the numerous house-hunters who have been out prospecting for Lewes, DE homes this fall—and for the...

When to List: Controversy in This One-Off Year

Sometimes, the timing for when to list your Dewey Beach, DE home is pretty much dictated by circumstances. Whether they be personal or professional changes that call for a move, when to list is (as politicians say) "baked in." When to list can't be rescheduled. When that isn't the...

What Will Bethany Beach, DE Homeworkers Miss after Time Shift?

Bethany Beach, DE residents who dutifully set their clocks back an hour last Saturday night may have been grateful for the extra hour of shuteye—but if they've been reading what shrinks and biologists are telling the Wall Street Journal, they probably spent the extra hour tossing and turning....

Is a "Renter Nation" America Suddenly Less Likely?

Georgetown, DE readers may have come across a worrisome prospect being suggested by some prominent real estate pundits: the likelihood that the steady rise in residential real estate values will trigger the emergence of a “renter nation.” That could develop if more and more people, priced...

South Bethany, DE Resale Values: Location, Location, Location Variatio

As it relates to South Bethany, DE residential properties, the “location, location, location” homily is usually thought of as referring to neighborhoods. Homes in superior South Bethany, DE neighborhoods are visibly well cared for, usually have larger footprints, appealing architecture, etc....

The Inevitable Factor Milton, DE Real Estate Mitigates

You can forgive those responsible for the Milton, DE family shopping if they tend to be suspicious when we go for long without hearing much about inflation. Last Wednesday’s Associated Press headline, “Yes, your grocery bills have gone up,” probably confirmed their feeling from recent...

"Renter Nation" Future has One Logical Upshot

When yahoo!finance (the exclamation point is part of the title) puts residential real estate at the top of their feed, a fair number of Fenwick Island, DE readers are apt to come across it. Last Thursday, such was the case with the commentary, “U.S. will ‘become a renter nation,’ says...

Top 10 Housewarming Gift List has Wider Uses, Too

The U.S. News & World Report weighed in last week with a quite useful list: housewarming gift ideas that are both thoughtful and practical. The entire list ran to 15 entries—some less appropriate than others (right now, the “hummingbird feeder” might be more appreciated come springtime)—but...

Will James Bond Stall Ignite Bethany Beach, DE Home Theater Boom?

Last week’s announcement came as gloomy news for local filmgoers who’d been counting on a field trip to see the new James Bond release (it’s been delayed again, this time, until next year). The news added to the wave of delayed premiers, which have many of the nation’s movie theaters...

Your Ocean View, DE Home’s Value and Sale Price: they’re Different

Last month’s U.S. News article headline looked promising: “The Guide to Understanding Your Home Value.” What Ocean View, DE homeowner isn’t at least curious about that? Written by U.S. News’s real estate editor, the piece addressed a slew of informational tidbits, some of...

To Sell Your Georgetown, DE House, Start with Penny-Wise Planning

Once you have decided to sell your Georgetown, DE house, unless it’s already in top-notch shape, you face some meaningful decisions about things that might need to be refreshed, upgraded, or replaced altogether. Some major items are hard to ignore: a roof that’s barely weatherproof, or over-the-hill...

Dewey Beach, DE Mortgage Rates and the ‘Normalcy Bias’ Delusion

Ask any grandparent: “is it actually true that Dewey Beach, DE mortgage rates averaged more than 18%?” They’ll tell you. It happened. And that was less than 40 years ago. The reason to revisit such an unimaginable scenario isn’t that anyone expects Dewey Beach, DE mortgage...

How Will Pandemic Fallout Affect Residential Real Estate?

“To understand the future, we must focus on what real estate does for people.” That deceptively simple quote underlies the central proposition in this month’s Editor’s Pick by Forbes magazine—an essay by Bill Conerly that assesses possible future directions for residential...

Existing Home Sales & Prices Surge (without the ‘R’ Word’s Help)

When corporate leaders seek to communicate good news on their company’s performance, they frequently reach for the ‘R’ word: “robust.” Sales are robust; production is robust; future prospects are robust, etc. The ‘R’ word performs the near-miraculous feat of...

Market "Hiccup" Could Nudge Owners to Join Dewey Beach, DE Listings

The first words of last week’s Realtor Magazine title were reassuring to area homeowners with homes currently included in the Dewey Beach, DE listings: “Sellers Are Calling the Shots…” For most regions across the U.S., that’s become apparent as the summer wore on. Realtor.com’s...

Tossing Ancient Credit Cards? Not so Fast!

Ocean View, DE residents who will be buying a home, refinancing their mortgage, or even just financing a car anytime soon, should think twice before making abrupt credit moves. Even some actions intended to reflect positively on their creditworthiness can backfire. As everyone learns, your individual...

Tuesday’s Fenwick Island, DE Equinox: Other than As Advertised

Tuesday marks the end of summer and the onset of autumn in Fenwick Island, DE—the day astrophysicists and TV weather forecasters like to refer to as “the autumnal equinox.” After the equinox, since Fenwick Island, DE lies in the Northern Hemisphere, our nights become increasingly longer...

Rehoboth Beach, DE Residential Questions Meet the Summer Silly Season

 This year may go into the history books as the one that sprang more surprises and turnarounds—including unparalleled disruptions and resumptions in Rehoboth Beach, DE residential commerce —than ever before. Amidst a financial world recovering from the steepest nosedive since the Great...

When North Bethany, DE Real Estate Watchers Google Sales Gains

North Bethany, DE real estate observers who Googled ‘existing home sales’ on Friday would have encountered a valuable reminder of how statistics can be true—but nonetheless misleading. National media reports had uniformly reported strong results from the residential housing market—but...

What Bethany Beach, DE Refinance Decision Costs in the Long Run?

“This is so very wrong,” wrote leading personal finance adviser Suze Orman last week. She was blogging about what she considers a major error being made by homeowners currently arranging mortgage refinances. Her point should be of more than passing interest to local homeowners contemplating...

Why are Average Down Payments Shrinking?

Most of today’s first-time Fenwick Island, DE home buyers are aware that they’re no longer tied to strictures laid down in previous eras—especially the one dealing with 20% down payments. For buyers with stellar credit histories, that’s horse-and-buggy material. Last year, the...

The Payments Industry, Own-to-Rent, and Lewes, DE Home Sales

Last week a thought-provoking article appeared on PYMNTS.com (the leading news channel for the payments industry). In case you’re one of the Lewes, DE residents who’s never even heard of the payments industry, you aren’t alone: it’s the ensemble of companies and workers who process...

Some Dewey Beach, DE Homeowners Use Pause to Improve Properties

 One pandemic side-effect affecting Dewey Beach, DE residential properties got Wall Street’s attention last week. The second-quarter sales numbers were scheduled for release, and the home improvement industry was expecting strong results. Sure enough, come Tuesday, Home Depot weighed in with...

2020 Turns Out NOT to be ‘The Year With No High Season’

The Covid-19 pandemic may have thrown a monkey wrench into many a local resident’s summer plans—but none more thoroughly than those who had been waiting to put their North Bethany, DE homes up for sale. It’s a common strategy to hold off listing until real estate’s ‘Busy...

Helping Dewey Beach, DE Homeowners Battle Invisible Foes

 They’re yet to become a major presence in the mainstream of housing technology, but that could be in for a change. Increasingly, advances in “clean” technology—innovations aimed at sanitizing household living spaces—seem likely to become commonplace in the coming years....

As Ocean View, DE School Year Starts, Debate Rages

 Local news continues to be dominated by Ocean View, DE public school openings—headed by the hotly debated subject of the advisability of in-classroom learning. The fact that good intentions are present on all sides of the issue hasn’t helped us to arrive at a universally agreed-upon...

For Rehoboth Beach, DE Listing Lingo, ‘Most Popular’ May Not be ‘Best’

Today's Rehoboth Beach, DE real estate listings create a live, real-time catalog of homes from Architecture Digest-worthy estates to the humblest fixers. When the nuts and bolts of a property fill the prospective buyer's housing requirements, in addition to the photos which illustrate their subject...

Fenwick Island, DE Home Sellers Greeted by Encouraging Signs

For prospective Fenwick Island, DE home sellers who have been holding back, waiting for the past months’ chaotic events to quiet down, last week ended with an array of encouraging signs. The national indicators that underpin the Fenwick Island, DE real estate climate were almost uniformly promising....

Practical Moving Tips for Getting Started Early

You don’t have to rely on psychologists to know that moving your entire Lewes, DE household can be one of life’s more taxing events. Early on, well before you have firmed up a moving date, rather than just fretting about the impending high-tension move, there are a number of simple advance...

How to Spot Moving Company "Rogue" Operators

Back in February, the housing market’s watchdog housingwire.com observed that a good way to judge the strength of the housing industry is to “Look at how often people move.” That makes perfect sense. Logic would seem to dictate that a strong housing market would mean good times for...

Mortgage Rates—Just Part of Real Estate Investing Equation

Most people are aware of the record-setting lows Bethany Beach, DE mortgage rates are chalking up right now—the kind of rates that create tempting cashflow projections for even the most conservative would-be investors. But, of course, other factors enter the decision, whether they are planning...

North Bethany, DE Virtual Tours Solve Today’s Dicey Problem

In case you’ve been thinking of selling your home but aren’t keen on letting strangers into the house at this moment in time, that problem has a two-word solution (although, in fact, those strangers probably don’t want to come into your house, either).  The two words are “virtual...

This Dewey Beach, DE Homeowner Choice is Getting More Difficult

There used to be little debate when it came to the kind of houseplants Dewey Beach, DE homeowners preferred. For the finishing touches they provide, the gracious choice was always the live variety. Artificial greenery and florals were easily dismissed as “fakes”—regarded as second-rate...

Lewes, DE Real Estate Outlook Draws on Underlying Strengths

 The bright economic news that began this summer may have wilted a bit in the July heat, but as the month draws to a close, Lewes, DE real estate watchers have reason to doubt that some of the more dour expectations will materialize. Especially worries about a possible replay of the Great Recession’s...

Fenwick Island, DE Homebuyers React to Today’s Changing Landscape

In the days before COVID-19, had you asked most people how a pandemic might affect the homebuying public in Fenwick Island, DE, a fair majority would probably have replied something along the lines of “Well—it probably wouldn’t be good.” We now know that they would have been...

Elusive Quest for the Best South Bethany, DE Real Estate Agent

By definition, the best South Bethany, DE real estate agent for you is the one who sells your South Bethany, DE home soonest, for the highest price, and with a minimum of hassle. Because you have to designate the one who will be your exclusive listing agent, you can’t ever prove how all the others...

4 Question Quiz for Rehoboth Beach, DE Home Fixer-upper Buyers

Despite the well-documented national shortfall in residential housing, determined house hunters still can find Rehoboth Beach, DE homes for sale that are priced to sell. Given today’s extremely low mortgage interest rates, affordable options are out there right now. As those home shoppers soon...

Could this Concept Affect Future Ocean View, DE Apartments?

Ocean View, DE apartments—specifically, the way new apartment complexes are built—could be in for some major changes if some tech company executives are right. The idea is to bring the manufacturing lessons learned from companies like Apple and Tesla into the real estate realm. If they succeed,...

Despite Uncertainty, Ocean View, DE Readers See Home Sales Surge

 Yahoo’s “Money” tab is a source Ocean View, DE readers can visit for non-technical reportage on the latest U.S. economic developments. Last week it led with a surprisingly upbeat look at residential real estate: “Homebuyers rush back in droves despite coronavirus pandemic.” There...

Why Experienced Lewes, DE Realtors® Ignore "Zestimates"

Today's Lewes, DE house hunters are using the web more than ever—and more than ever, they're running into seemingly omnipresent "Zillow." It's unavoidable because Zillow ads are everywhere—often in the first and/or second position on the search engine results pages....

Selling Your South Bethany, DE House—Hot Question, Cool Answer

 There was a sort of silly article last summer, “What You Can Do if Your Air Conditioner Breaks Before Selling Your House”—a title designed to ensure that South Bethany, DE readers who plan on selling their South Bethany, DE house will put everything on hold while they find out...

Was Lewes, DE Celebrates, Recalling the First Party Planner

 John Adams’ ferocious work ethic was legendary among the Founding Fathers, which makes it more than a little ironic that he could rightfully be called the foremost Party Planner of the Republic. When Lewes, DE celebrates Independence Day on Saturday, we’ll be carrying out the original...

Do Generational Traits Affect Bethany Beach, DE Homes’ Appeal?

If you are thinking about putting up your Bethany Beach, DE home for sale, you can expect that a goodly number of the buyers who will be considering your property will be female. And increasingly, the decision-makers may be Millennials—part of the group reaching adulthood in the early 21st century....

Luxury Homes in Dewey Beach, DE Now Part of the Segment Leader

 If Yahoo Finance’s take is correct, as residential real estate continues to revive after the economic shocks of the pandemic, high-end properties may be among the first to lead the recovery. For the owners of luxury homes in Dewey Beach, DE who thought twice about joining the Dewey Beach,...

Rehoboth Beach, DE Real Estate’s Busy Season during Saturday’s Solstic

Rehoboth Beach, DE’s summer solstice arrives this Saturday, June 20th. Astrophysically speaking, the solstice marks the longest day of our year. The moment of the summer solstice prompts a lot of scientific explanations, some more confusing than others. For instance, since the Sun doesn’t...

Why Do North Bethany, DE Realtors® Get the Call?

Most North Bethany, DE homeowners who prepare to put their homes on the market come to the same decision—to tap into the services of one of North Bethany, DE’s Realtors®. They decide they’ll have enough to do without tackling the piles of paperwork generated in the course of a sale—nor...

Shelter in 2020’s Storm: Milton, DE Mortgage Rates

The unsettling events of the first half of 2020 have prompted some Milton, DE residents to adopt a wait-and-see attitude—especially major decisions concerning Milton, DE real estate. For most of the spring, it had looked as if June would be the month when more clarity would surface, starting with...

Bethany Beach, DE House Hunting: Avoiding a Disgruntlement Trap

One consequence of the pandemic was the on-again/off-again nature of this year’s Bethany Beach, DE real estate busy season. The restrictions resulted in what you’d expect: pent-up demand. The promise of loosening restrictions is widely expected to bolster the number of “For Sale”...

Crossed Wires in the Week’s Real Estate Prognostications

 For Lewes, DE real estate buyers and sellers who occasionally track national trends and predictions, last week was a good one…to take the week off! In a week crammed with news that ranged from tragic (Minnesota) to triumphant (America’s superbly art-directed return to space), real...

5 Tips for 2020’s Summer in Fenwick Island, DE

Officially, Fenwick Island, DE’s summer won’t arrive for a couple of weeks—but Memorial Day was the unofficial starting date, and the thermometer has seemed to agree more with that than with the meteorologists. That means it’s already time to dust off the ‘Best of’...

"Stickiness" is the Goal for Effective Bethany Beach, DE Listings

 Crafting language that makes a property stand out in the Bethany Beach, DE listings is one of the skills that successful Realtors® continue to develop throughout their careers. Initially, a listing’s photos may be more important than the text when it comes to grabbing buyers’ attention—but...

Should You Buy a Home Now? 6 Factors to Weigh

The other day, it was interesting to read a featured commentary on the MoneyCrashers.com website. It promised to pinpoint the “6 Factors” to consider when deciding whether you “should buy a home now— or wait?” No dateline was visible, but you’d have to deduce that...

Why Fenwick Island, DE’s Memorial Day Includes those Red Poppies

Fenwick Island, DE families with members currently serving in the armed forces don't need to be reminded of the purpose of the Memorial Day holiday. In most years, that somber meaning can be all but drowned out by its more festive significance as the unofficial kickoff to Fenwick Island, DE's...

Rosy Home Equity Update Gets Perspective Overhaul

Last Thursday was the regular release date for ATTOM Data Solution’s quarterly Home Equity report. This year, ongoing events created the need for some additional commentary. As the “curator of the nation’s premier property database,” ATTOM’s figures can be relied upon...

"Near Historical Ocean View, DE Mortgage Rates" is History!

For Ocean View, DE mortgage interest rate chroniclers, this month began with the culmination of a trend that’s been playing out for quite some time. It’s “the other shoe” that finally dropped. The headlines confirmed the numbers that government-owned mortgage backer Freddie Mac...

Rehoboth Beach, DE Potting Season: Up and Running

We’ve arrived at the familiar post-Mother’s Day time of year. The birds are cheering up everyone’s Rehoboth Beach, DE mornings with their noisy springtime come-hither commotion. Out in the garden, flowers have broken out where they are supposed to (hopefully—if not, it’s...

Ocean View, DE Real Estate Activity Contrasts with Entertainment Void

 Despite all hurdles, Ocean View, DE residential real estate continues actively—now with the sense that an uptick is in the wind. Even for area homeowners who have been waiting for a return to pre-pandemic life before listing their Ocean View, DE homes, the positive signs have to be encouraging....

Why This is Time for Your Own ‘As Soon as This Passes’ Plan

Like many other local professional people, we Rehoboth Beach, DE Realtors® have been working in a challenging (you might say, “topsy-turvy”) business environment. It’s one that nobody had foreseen—much less prepared for. It has taken multiple adjustments to navigate through...

Observed or Not, Friday is South Bethany, DE’s May Day

May Day is an officially recognized public holiday in 66 nations and unofficially celebrated in many more—but here in the U.S., it isn’t. That’s why on Friday, there won’t be any official South Bethany, DE May Day celebrations that have to be canceled; local banks will remain...

What Plusses Come with Listing Your Ocean View, DE House Now?

 At first blush, the idea of listing your Ocean View, DE house during today’s emergency conditions would seem impractical—but it turns out to be entirely doable. There are even some plusses.   Some sellers apparently agreed. Last week’s Forbes magazine offered an interesting...

When Your Lewes, DE Home is an ‘Outlier’—What Next?

Suppose your Lewes, DE home is an oddball? It may be a terrific residence, but there’s no denying that it just doesn’t fit in very well with the feel of the neighborhood. In Lewes, DE, we have a reasonably eclectic mix of architectural styles, so it’s unusual to come across a house...

For Georgetown, DE Homeowners, a Mortgage Forbearance Lifeline

 Fallout from the abrupt closure of local businesses has created financial chaos for some Georgetown, DE homeowners. For breadwinners forced to make painful choices between creditors, there seems to be no right answer. With payments pending for auto loans, credit cards, student loans, and/or the...

Bethany Beach, DE Home Loan Bargains Persist Despite Distractions

 Last week Yahoo’s Finance page led with a commentary that posed the question, “Why Aren’t Homeowners Taking Advantage of Low Mortgage Rates?” Although the premise (“mortgage rates have plunged back to the lowest levels in at least half a century”) may have been...

Despite a Monkey Wrench, the Dewey Beach, DE Census is On!

By now, just about everyone has been contacted in one way or another by the folks at the Census Bureau. For Dewey Beach, DE residents who received a letter, email, or smartphone notification, it probably pointed out that there is a legal obligation to provide truthful answers for the every-ten-year canvass....

Home Value History Points to a Surprising Future

 After what seemed like ages, the tone of the news started to slowly brighten last week. Government officials began to discuss how they anticipated managing a return to pre-pandemic life—one replete with businesses open to the public, sporting events, and even restaurants with sit-down service....

Buying Your First Bethany Beach, DE House Takes a Game Plan

  Once you’ve settled on the goal of buying your first Bethany Beach, DE house, it’s hard to resist getting out there and getting started immediately! No matter if you know how vital it is to stick to a realistic budget on a purchase that’s this substantial, as soon as you’ve...

Condo & Homeowners’ Associations: Differences Matter

If you have ever checked out the latest Fenwick Island, DE real estate listings, you noticed monthly expense items for some of them listed as “Homeowners’ Association” (HOA) or “Condo Association” fees. Both are the monthly sums that any new owner will be required to pay...

For Georgetown, DE Home Furnishing Decisions, Avoid Creepy

The majority of Georgetown, DE homeowners make most home furnishing decisions piecemeal rather than in a single remodeling blitz. Even when you move to a new home, for practical reasons most of your household furnishings come with. Favorite pieces of furniture, art objects, and décor items accompany...