Listing Courtesy of LONG AND FOSTER-BETHANY
Any way you cut it, real estate makes up a huge chunk of the overall economy. One consequence of that is that the health of the real estate industry is constantly being put under a microscope (if it were a human patient, it would probably grow alarmed by all the doctors and specialists constantly calling it in for routine check-ups).
Everyone from Washington regulators to Ocean View tradespeople look to the performance of residential real estate as one of the most meaningful indicators of how everything else is doing. Locally, it’s not surprising that the pace of real estate sales in Ocean View always seems to align with many other area business prospects as a whole.
Probably because that’s true in most places, the National Association of Realtors® has come up with a new way to poke and prod the patient. It’s called the “HOME Survey”— ‘HOME’ being an acronym for “Housing Opportunities and Market Experience.” This is a somewhat strained way to describe the purpose, which is to find out how typical consumers feel about residential real estate in general, and homeownership in particular.
Instead of being another dry collection of statistics, this survey could turn out to be a lot more revealing than many others because it is going to be measured every month from now on—then reported every quarter. Even though it will be conducted nationally, I’m guessing that Ocean View real estate trends could well turn up here, since it is the changes in attitude that will become apparent.
Anyway, the first survey results are in—so we have a baseline we can use for comparison. These first findings reveal some very positive findings. Among them:
Since ‘The American Dream’ is such a generalized term, the survey attempts to nail down which features of owning a home are the most appealing. The three leaders are, “A place to raise a family” (36%); “Owning a place of your own” (26%); and “A nest egg for retirement” (14%).
It should be interesting for Ocean View real estate watchers to compare future findings with that baseline—and to see if local attitudes reflect the same kind of shifts. In any case, if your own feelings about home ownership match those findings, you can easily begin your own made-to-order version of a Ocean View “Housing Opportunities and Market Experience.” Just call me! Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestatemarket.com.
With spring in the air, you don’t have to have your Delaware beach home for sale to catch the spring cleaning bug. Whether or not you’ve been cooped up inside for a longer-than-usual siege of the wintertime blues, as soon as the weather turns the corner, there seems to be a natural urge to open the windows and start freshening your place up.
Spring also brings the traditional hot selling season, and if you’re among those getting ready to list your own home for sale to take advantage of it, you’ll want to add extra attention to the traditional cleanup. Home for sale or not, you can channel some of your annual sprucing-up energy with one of these light renovation ideas. Each can add new zest to your living areas without breaking the bank:
You don’t have to be planning to list your home for sale in Sussex County to make 2014’s spring cleaning efforts a self-satisfying success. And if you’re planning to list, I have a host of other preparation tips…and a marketing plan designed to bring top results!