News & Updates

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 →

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 →

Rick Allamong has recently joined Barbara Morales Associates, a BeachByBabs Company, as a Buyer’s Agent at Berkshire Hathaway HomeServices Gallo Realty.  A REALTOR® since 1995 and affiliated with Gallo Realty since 2011, Rick Allamong will work as a buyer’s agent along with Joan Wallace and Gail DiBona.  “I’m delighted to have Rick join our hard-working team.  Rick’s past experience and successes will benefit our … Continue reading Rick Allamong joins Barbara Morales Associates →

The National Association of Realtors has produced a comprehensive document that summarizes the changes affecting real estate professionals and homeowners.  All individual provisions are generally effective after December 31, 2017 for the 2018 tax filing year. The provisions do not affect tax filings for 2017 unless noted. *We are Sharing this with our Clients  as a courtesy –  … Continue reading Tax Reform 2018 →