The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.
As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled something thats never happened before in a calendar year. This had a cascading impact on buyer activity, the balance [...]
At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in todays housing market.
An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years [...]
Sometimes theres a bit of stress in the build-up to Christmas as you shop for gifts and for all of the different elements of your favorite holiday meals perhaps with some worrying about travel conditions mixed in. Yet in the days [...]
Well, its official. Ive scored the biggest celebrity interview of the year with the REAL Santa Claus and Mrs. Santa Claus!
This didnt just happen. I caught glimpses of them around our downtown Lewes office throughout the month [...]
If youre thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs.
Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about when making that [...]
If youve happened by our home and office on Second Street in downtown Lewes youve probably noticed how much we love this time of year! Of course we cherish the lights and decorations and gifts and food, but we also love the good cheer among our Active Adults team and all of the wonderful people we get to work [...]
Last week we spotlighted several Christmas holiday events happening at that time, primarily in Sussex County. Next week well feature public celebrations of Hanukkah along with more holiday happenings around this state. Wherever [...]
With the rapid shift thats happened in the housing market this year, some people are raising concerns that were destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between whats happening today and the bubble in the early 2000s.
One of the reasons this isnt like the last time is the number of [...]
If youre thinking about selling your house, youre likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, were still in a sellers market. That means you havent missed your [...]
