From midway across the Pacific can an interesting commentary last week—one that noted an idea that mainland Rehoboth Beach, DE investors might find worth mulling over. The article appeared in the HawaiiHomes section of Oahu’s Star-Advertiser. It profiled an investor couple who have decided to make a change in their real estate portfolio.

The investors (“Joyce” and “Reid”) are seniors themselves. They have “been reading about the demand for senior-friendly housing”— information bolstered by the fact that over 10,000 people turn 65 every day in the U.S. That AARP statistic is a little startling until you realize that there are 77 million American Boomers who were born between 1946 and 1964.

To Joyce and Reid, that fact—plus their having noticed how local senior-friendly housing prices were on the rise—convinced them that a portfolio change might be warranted. They ultimately decided to swap their current investment property—a two-story townhome—for a more centrally-located property. It’s walking-distance centrality, in addition to a single-story floor plan, made it decidedly senior-friendly.

The decision was fortified by other observations. In their area, some senior living communities were already experiencing waitlists. They reasoned that the senior-friendly rental was likely to command increasingly higher rents. And just in case in future years they found themselves unable to obtain suitable housing, they might eventually decide to move into their investment property themselves.

The demographic repercussions the Hawaiian landlords observed is one that Rehoboth Beach, DE residents have probably been reading about, too. Rehoboth Beach, DE real estate investors might want to tuck that factor in the back of their minds when they’re weighing alternative real estate investments. I’ll be here to assist with all Rehoboth Beach, DE’s real estate investment alternatives! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com

Real estate market changes can be sudden or slow. No matter how the broader market shifts nationally or locally here in Rehoboth Beach, DE, certain types of properties or price ranges can still result in a multiple offer scenario.

Buyers: never fear! If you fall in love with one of these highly desired homes, there are strategies that will help your offer stand out that DON’T involve simply offering more money. 

Go beyond the pre-approval letter

The more prepared you are, the better.  To get ahead, be the buyer who’s further along in the loan process BEFORE you make an offer.  This means preparing all the documents your lender needs when it’s time to approve the mortgage: tax returns, W2s, pay stubs, bank statements, etc.

Find a 24/7 mortgage broker

Did you know there even was such a thing? Time is always “of the essence,” so working with a mortgage professional who is available on weekends can help when a quick turnaround is critical. That way, if you put an offer on a house on a Saturday or Sunday, your lender can contact the seller’s real estate agent directly to assure the sellers that you’ll be able to close quickly and on time if they choose your offer!

Write a love letter

Personal letters can actually work! Such a letter might include a brief intro to you and your family (and don’t shy away from including a fun fact or two to make it personal). It would go over the unique details you like about the house, the neighborhood, and the future you envision there.  It never hurts to end with a note of appreciation of how well the sellers have taken care of the property.

Be flexible with the seller

It’s not always about the money.  Timeliness matters.  Closing dates matter.  Maybe the seller needs to be out of the home quickly, so a brief inspection period (or waiving the inspection period if appropriate) could be decisive. Alternately, perhaps the sellers value more time to identify their replacement property and to move their household—so maybe a 60-day or 90-day close would be most attractive.  Your agent should be speaking to their agent prior to writing your offer to find out which terms other than price matter most to the owner—I always look for that kind of background data.

Being in a multiple-offer situation needn’t end in tears—the right agent guiding the process can make all the difference.  Call me anytime to discuss your search! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com

 It’s around this time of year that the bottom line on Rehoboth Beach, DE utility bills tends to begin to grow larger once again. Power and water consumption can’t help but rise as we bid farewell to Rehoboth Beach, DE’s mild springtime conditions. Gardens and lawns get thirsty now that the days are growing longer, and once deep summer heatwaves develop, household utility bills report what happens when air conditioners and sprinklers are called into action.

For Rehoboth Beach, DE householders who’d prefer avoiding a budgetary shock when they open utility bills this July and August, it’s good to recall that some of the most effective expense-cutting activities are also the most straightforward. They are so simple and so obvious, that, paradoxically enough, they’re easy to overlook (at least that’s what the USEIA tells us). Here are some of the most effective cost-trimming actions—they also benefit the environment:

Energy:

·         Replace incandescent bulbs with LEDs  

·         Shut down computers

·         Use power-miser power strips

·         Turn off the lights!!!

·         Use cold water (80°) in the laundry (except for synthetics and for sanitizing)

·         Eliminate “vampire” power (unplug idle electronics)

·         Run the washers (dish- and clothes-) only when fully loaded

Water:

·         Water outside only when the sun is low

·         Favor baths over showers

·         (again) Run appliances only when fully loaded

·         Put a few drops of food coloring in toilet tanks: if it begins to appear in the bowl without flushing—fix the slow leak 

These points aren’t just economical today—later, when you’re ready to sell your Rehoboth Beach, DE home, you’ll be able to show utility bills that demonstrate a house that’s economical to operate. When that time to sell does roll around, calling me is also a simple and effective step you can take! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com

 If you’re a frequent visitor here, it will come as no surprise that those of us whose days are devoted to the Rehoboth Beach, DE real estate industry aren’t shy about championing the virtues of homeownership. We’re aided by more than a century’s worth of wit and wisdom directed to the merits of owning the place where you live.

America’s two most storied humorists contributed to the collection. There is Mark Twain’s “Buy land—they’re not making it anymore” and Will Rogers’ “Don’t wait to buy real estate. Buy real estate and wait.” Then there is Anthony Trollop, the classic English novelist’s wry “Land is about the only thing that can’t fly away.”

You can credit other real estate witticisms to more modern celebrities—like “The best time to buy a home is always five years ago.” (The late jazz great Ray Brown gets credit for that one).

The real estate-promoting commonplaces don’t just come from writers and entertainers, either. Take President Franklin Roosevelt’s “Real estate can’t be lost or stolen…managed with reasonable care, it is about the safest investment in the world.” Abraham Lincoln could have been the nation’s first sub-divider with his “I am in favor of cutting up the wild lands into parcels, so that every poor man may have a home.”

 Today’s Rehoboth Beach, DE real estate may be a far cry from Honest Abe’s “wild lands”—but the insight from America’s first billionaire, J. Paul Getty, is as apt today as it was when he described “current real estate” in the mid-20th century: “Real estate prices have risen because a constantly increasing population with money to invest…continues to be created.” When you combine that maxim with Mark Twain’s observation, you emerge with the humorous-because-it’s-true wisdom that continues to ring true—just as it has for centuries. 

For help in evaluating the great opportunities among today’s Rehoboth Beach, DE real estate offerings—call me! Call/Text me Russell Stucki at (302) 228-7871, email me at This email address is being protected from spambots. You need JavaScript enabled to view it., visit more listings at www.beachrealestatemarket.com