News & Updates

The statistics referenced here and in the attached chart are based on single family homes derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of July, there were a total of 1,966 homes on the market, a decrease of 5% from the previous month’s end inventory of 2,060.  This represents a … Continue reading Current Real Estate Market Conditions – July 2019 →

  If rainwater collects in your yard, you can wind up with large pools that can damage the landscaping and flood your basement. If your yard has repeatedly flooded after rainstorms, you have a serious drainage problem that needs to be addressed to avoid costly damage. How to Control Localized Flooding Sometimes a yard floods … Continue reading What to Do If Your Yard Floods When It Rains →

Bicycle-friendly amenities are contributing to a surge in property values in communities across the globe, marshaled by developments in urban centers and suburban outposts that accommodate “active” transportation. Click link for map of the Rehoboth Lewes Bike Path – which is continuing to grow! http://www.dnrec.delaware.gov/parks/Information/Documents/GordonsPond/4-13/Region%20Map.pdf “Today, bike trails, bike lanes, bike-share systems, and other forms of active … Continue reading Bike Paths Lift Home Values →

Mortgage Rate Update . . . Freddie Mac’s results of its Primary Mortgage Market Survey® shows that “Mortgage rates continued to hover near three-year lows and purchase application demand has responded, rising steadily over the last two months to the highest year-over-year change since the fall of 2017. While the improvement has yet to impact home … Continue reading Mortgage Rate Update →

Ready for a day off the beach? Explore the shady trails and quiet waters of the Inland Bays. Three shallow bays—Rehoboth Bay, Indian River Bay and Little Assawoman – lie behind a narrow spit of land in sight and sound of the Atlantic Ocean on the Delaware coast. The Delaware Center for the Inland Bays … Continue reading Ready for a day off the beach? →

June 2019 Market Watch Analysis Here is our analysis of the real estate market in Sussex County, Delaware.  Statistics used here are based on Single-Family home sales through the end of June 2019, derived from the Bright Multiple Listing Service. They do not comprise all home sales in the market. Active Listings/Current Inventory As of … Continue reading Current Real Estate Market Conditions – June 2019 →

It’s Either a Tear down or A Remodel Older homes that served our grandparents and parents well may appear poorly planned for today’s families. They tend to be smaller with narrow lots, closed-off kitchens, and fewer bathrooms and bedrooms. On the other hand, older homes tend to offer character and quality craftsmanship that is unmatched … Continue reading Tear Down or ReModel? →

  American households today are poles apart from those in recent years, as living arrangements continue shifting to accommodate adult children, aging parents, and the generation between them. This change, according to the National Association of Insurance Commissioners (NAIC), can impact your insurance needs. “Longer life spans, decisions to marry later and the tight job … Continue reading Mom, Me and Junior: Insuring a Multi-generational Household →

  Many home buyers need help from friends and family to qualify for a home loan through co-signing. Of home purchase loans in the U.S. during the second quarter of 2017, 22.8 percent included a co-signer, up from 21.3 percent in the second quarter of 2016—according to a study by Attom Data Solutions, a property … Continue reading What You Should Know Before Co-Signing a Home Loan →

Joan Wallace, Senior Buyers Agent at Barbara Morales Associates here in Rehoboth Beach, enjoys reading so much that she wanted to share her reviews (good and bad) with our audience.   Follow us on Facebook where all of Joan’s Reviews will be Posted!   Redemption Road Written by John Hart Review by Joan Wallace IF YOU ENJOY THE WRITINGS … Continue reading Joan’s Book Review – If You Enjoy the Writings of Pat Conroy. . . →