News & Updates

August Mortgage Rate Update

August Real Estate Roundup Freddie Mac's results of its Primary Mortgage Market Survey® shows that "The drop in mortgage rates continues to stimulate the real estate market and the economy. Home purchase demand is up five percent from a year ago and has noticeably strengthened since the...

Current Real Estate Market Conditions – July 2019

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...

What to Do If Your Yard Floods When It Rains

  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...

Bike Paths Lift Home Values

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,...

Mortgage Rate Update

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...

Ready for a day off the beach?

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...

Current Real Estate Market Conditions – June 2019

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...

Tear Down or ReModel?

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...

Mom, Me and Junior: Insuring a Multi-generational Household

  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,...

What You Should Know Before Co-Signing a Home Loan

  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...
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