Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH
At the beginning of any month, Rehoboth Beach onlookers can find batches of fresh reports about national real estate market activity. Take October, for instance. We’ve just learned a bunch about what happened across the country. September’s numbers won’t be collected and analyzed for a while, but the fresh real estate market data for August is out, as well as July revisions. Since earlier findings are always being tinkered with as estimates are replaced with hard results, we also get improved readings from the earlier month.
This latest batch of real estate market news was upbeat, downbeat, and, uh…sideways. Thursday was the first day in October, which was when CNN Money came out with some good old-fashioned cheerleading. “Americans went shopping for homes in August,” they headlined. The reason cited was for new home sales: they notched the highest volume since early in 2008: 552,000. It was a nice way to get the month’s data reports started.
Home prices, on the other hand, were not yet available for the August timeframe—but July’s Case-Shiller Home Price Index had pointed upward. It showed a 4.7% rise in prices paid for homes from a year earlier. This made for “moderate, but still above average, price appreciation,” according to Realtor.com’s chief economist. The prices were seen to have edged up just 0.7% from June, which was “barely higher” yet “much higher than last year.” If that summary had been illustrated, it would have merited both a frowny face and a smiley face.
There were other preliminary soundings about what the August price information was likely to be, and they were just as equivocal.
The National Association of Realtors® tracks pending home sales data (homes under contract but not yet closed), and by that measure, there was a slight retreat from July’s level. Yet although the preliminary number showed a 1.4% drop, that was still more than 6% higher than August 2014’s had been. Which was more compelling? Altogether, the news for sellers was deemed to be stronger. “Demand continues to outpace supply,” according to the NAR. “Shed no tears for sellers.”
If that sentiment is shared by Rehoboth Beach homeowners, it might nudge some into listing their home now rather than waiting for the next truly robust real estate market—traditionally not expected until next spring. Although fall and winter usually find fewer buyers on the prowl for new digs, those who do surface are generally regarded as serious shoppers. And since the number of Rehoboth Beach listings usually declines as the holidays approach, there’s a good argument to be made that less competition tilts in favor of sellers.
We have to wait until next month to get a read on how September activity fared; but for anyone who sees the advantages this fall’s Rehoboth Beach real estate market offers, I share your opinion! It’s definitely worth giving me a call. Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestatemarket.com.
Last week, those of us who were out and about during the increasingly short daylight hours could take in what looked like the regular number of Rehoboth Beachhomes decked out with the familiar Christmastime paraphernalia. When the weather cooperates, it can’t help but bring a smile to your face to spot the reindeer, Santas, giant candles, elves, menorahs—all the elements that help bring home the familiar feelings the season seldom fails to muster.
I bet it’s just that—the sheer familiarity—that explains a large part of why the magic of Christmas is no exaggeration. Sooner or later we feel it. It grabs us. It’s Christmastime again!
This usually starts (for me at least) with a valiant attempt to reject reality. Sometime between Halloween and Thanksgiving, with the first department store ad or the first notes of a carol playing somewhere in the distance, we think “OH NO! – NOT ALREADY!!!” This is the part when the ‘magic’ part of Christmas is nowhere in prospect. The whole concept is at its most materialistic (the ‘material’ being that we haven’t started serious Christmas shopping, are too busy to even think about it, can’t recall whether the turkey pan was wrecked when last year’s gravy got burnt, etc. etc. etc.).
Immediately thereafter, in a truly magical disappearing-of-time act, it’s suddenly a couple of weeks before the big day, when all the preparations had better have been set into motion. It’s already holiday running-around time. This is when we are out and about, and can take in all the Sussex County homes belonging to Rehoboth Beachhomeowners who have the organizational skills that allowed them to erect the reindeer, Santas, giant candles, elves, menorahs, etc. It’s also the time of year when we may begin to experience some of the true magic of Christmas…especially if our running-around to get ready happens at night, when the Christmas lights are ablaze…
For some of us, there is something about those area homes decked out in lights, and the ornaments, and the carols, eggnog, cookies, turkey. Even the fruitcake. It’s the familiarity of the way all the trappings combine to bring back memories: images of our kids’ Christmases, or our parents, or dearest friends…and finally, of our own childhood.
In spite of all the running around, sooner or later, this most special, set-aside top of the year puts us in mind of how very much we treasure the ones who are dearest to us. If we’re lucky enough to have them gathered close, it’s pretty wonderful. If this year, that can’t happen—the memories will have to provide the magic. Sooner or later they usually do.
Whether this Yuletide brings you Christmas or Hanukkah gatherings (or both!), here’s wishing you and yours the happiest, most joyful of holiday celebrations—the kind that create future Christmas magic! Call/Text me Russell Stucki at (302) 228-7871, email me at firstname.lastname@example.org, visit more listings at www.beachrealestatemarket.com.