If you’re considering buying or selling at the Delaware or Maryland beaches, you may have noticed the market feels a bit unpredictable. Fluctuating home prices and mortgage rates have created volatility, and understanding the “why” behind these shifts can help you make informed decisions. What’s Driving Today’s Market Volatility? Several big-picture factors contribute to the … Continue reading "Expect the Unexpected: Navigating the Delaware and Maryland Beach Housing Market with Confidence"

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Are you dreaming of a luxury beach home, oceanfront escape, or waterfront oasis along the Delaware or Maryland coast, but feeling a bit daunted by the thought of moving? The process doesn’t have to be overwhelming. Partnering with a seasoned real estate agent can make your coastal home search an enjoyable journey, turning any concerns … Continue reading "How Real Estate Agents Make Moving to a Luxury Beach Home Easy and Exciting"

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Even though there are more homes available for sale than there were at this time last year, there are still more buyers than there are houses to choose from. So, know that if you’ve got moving on your mind, your house can really stand out. There are several key reasons why there aren’t enough homes to go around … Continue reading "Why Your House Will Shine in Today’s Market"

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If your goal is to sell your Delaware or Maryland beach home in 2025, now’s the time to start prepping. Even though it might seem like there’s plenty of time between now and the new year, you should get a head start on any updates or repairs you want to make now. As Danielle Hale, Chief Economist … Continue reading "Planning To Sell Your House in 2025? Start Prepping Now"

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If you’ve been thinking about selling your current home and moving into something bigger or more luxurious along the coast, you’re not alone. Many buyers today are motivated by the desire for more space or an upgraded property. While market conditions may have had you waiting on this decision, now could be the ideal time … Continue reading "Now’s the Perfect Time to Upgrade Your Home in Coastal Delaware and Maryland"

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Selling a home along the Delaware coast is a unique opportunity to capitalize on the region’s growing popularity as a beach destination. However, successfully marketing and selling a coastal property requires a strategic approach. Coastal homes come with distinctive features—like ocean views, proximity to attractions, and waterfront access—which can be major selling points, but there … Continue reading "Selling Your Delaware Coastal Home: Key Factors for Success"

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Owning a beachfront home in coastal Delaware or Maryland promises breathtaking views and a lifestyle immersed in natural beauty. However, along with these advantages come specific considerations that every prospective buyer should carefully evaluate. From erosion risks to property upkeep and proximity to public beaches, understanding these factors is crucial for making an informed investment … Continue reading "Discover Your Ideal Beachfront Home: Essential Considerations"

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Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the home buying process. While your down payment is probably the number one expense on your mind, don’t forget about closing costs. Here’s what you need to know. … Continue reading "What To Know About Closing Costs"

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Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later. … Continue reading "Should You Sell Now? The Lifestyle Factors That Could Tip the Scale"

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You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down and recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): If you’re thinking about buying a home, that may … Continue reading "What Mortgage Rate Are You Waiting For?"

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The 2024 Presidential election is rapidly approaching. As someone who’s thinking about potentially buying or selling a home in coastal Delaware or Maryland, you’re probably curious about what effect, if any, elections have on the housing market. It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact … Continue reading "Do Elections Impact the Housing Market?"

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If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes. It’s true for newly built homes too.  So how do you … Continue reading "Where Will You Go After You Sell?"

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Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. If you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks are any indication, you may be getting your wish. Mortgage Rates … Continue reading "Mortgage Rates Down a Full Percent from Recent High"

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The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing. If you aren’t working with an agent, you may not realize that. Here’s the downside. If you’re not informed, you can’t adjust your strategy or expectations to today’s market. That can … Continue reading "The Biggest Mistakes Sellers Are Making Right Now"

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Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means. Here’s what Danielle Hale, Chief Economist at Realtor.com, says: “In stock … Continue reading "Are Home Prices Going To Come Down?"

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There’s no arguing this past year has been difficult for homebuyers. If you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt like too much to tackle. You’re not alone in that. A Bright MLS study found some of the top reasons buyers paused their … Continue reading "Unlocking Homebuyer Opportunities in 2024"

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Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season! If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you – here at the Delaware … Continue reading "Why a Vacation Home Is the Ultimate Summer Upgrade"

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Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do. The truth is, mortgage rates are impacted by a lot of factors: geo-political … Continue reading "Worried About Mortgage Rates? Control the Controllables"

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