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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 American Enterprise Institute just invoked that phrase in a report that has implications for area house hunters and home sellers alike. The report from the AEI Housing Center takes a unique look at a home finance statistic they believe is a valid indicator for the direction of residential real estate activity as a whole: rate lock data.

 

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