Fenwick Island, DE ears that were attuned to some of the nation’s commentators might have heard that last year’s gradual slowdown in residential sales might signal a dawning “buyer’s market.” That may be true or not, but as for its impact on your own home-buying plans, there are a couple of realities to bear in mind.

First is that any shift from seller’s to buyer’s market is at best barely discernable. Its basis would be determined by national averages, where a slowdown in residential closings is usually taken to mean that sellers are having a hard time finding customers. That wouldn’t fully take into account the effect that tight inventories might have. When fewer sellers are willing to put their own Fenwick Island, DE homes on the market for whatever reason, the result on bottom line sales volume is the same as when buyers think homes are overpriced. When there simply aren’t enough properties available for any given price range, the number of closings falls.

The second reality is that since buying or selling a home is such a major economic decision, it is your own particular situation that matters most. Forbes.com had this in mind in a recent article when they pointed out that what “third-party indicators say” should have little bearing on the course of action either buyers or sellers follow.

For buyers, when the time is right—that is, when you have put yourself in the financial position to be able to buy comfortably—that’s usually the time when it makes sense to buy. The term “buyer’s market” too easily conveys an image of actively falling prices. If that’s true, it would seem to make the most sense to wait for those prices to fall further. Yet the latest numbers available (NAR® existing-home sales through November) show median home values have continued to rise. And just about all observers expect them to rise further in 2019. As Forbes put it, buyers who wait on the sidelines “may be in for a rude awakening if they are waiting for the bottom to drop out.”

The age-old truism holds the answer. When you can afford to buy, that’s usually the right time to buy—or at least to start looking at the offerings that fit your budget. When you find the Fenwick Island, DE property that fits your needs, waiting for more of a buyer’s market could mean your best long-term interests aren’t being served. Buying or selling winds up being first and foremost all about you—your current and future plans, prospects and resources.

It does happen that now is the time of year where bargains can be found—opportunities that tend to vanish once the peak selling season sets in. If you have been thinking that 2019 looks like a promising year to take a look, I hope you’ll give me a call! 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

Last week ended with a quadruple-barreled blast of good news that bolstered prospects for Fenwick Island, DE real estate—an effect magnified by how unexpected all had been.

When times are good, Fenwick Island, DE real estate can’t help but benefit. That may seem to be so obvious that it doesn’t even need to be said, but a close cousin is arguably even more important: When people feel times are good, Fenwick Island, DE real estate benefits.

Friday’s positives were magnified by the contrast with what had been reported in earlier days. Although the holiday-shortened week had seen evidence of strong holiday sales, that was dampened by a grab-bag of alarming developments: government shutdown; China trade standoff; Apple sales losses... This meant that Friday’s raft of unexpected good news made for commentators who were, by day’s end, all but giddy.

First came reports of shockingly good U.S. economic performance. Wages in December “surged” (the Wall Street Journal). The annual wage gain of 3.2% “matched the fastest pace since 2009” (Bloomberg)—a trend that was accelerating (3.5% in December).

That wasn’t all. Not only were wages rising—jobs were, too. Employers had “shattered forecasts” (MarketWatch) by adding 140,000 more jobs than had been predicted. It “underlined that the American economy remains strong despite market turbulence” (CNN Business). Even an incremental rise in the jobless rate was greeted as welcome news—it meant that more workers were actively seeking work. Discouraged by bleak prospects, they’d been sitting on the sidelines for years.

The Journal greeted the wage jump evidence as proof that the economy “maintained strong momentum…even as financial markets sank.” But by day’s end, even that “financial market” gloom was banished as the Dow “roared back…in the fourth-biggest point increase of all time” (CNN). It finished a surge of 8% since Christmas Eve.

That final market push was probably triggered by the centerpiece (where Fenwick Island, DE real estate prospects are concerned): a turnaround in the Federal Reserve’s positioning. Although good economic news almost invariably causes regulators to chart interest rate raises, the Fed Chairman’s message on Friday “was that the Fed can afford to watch and wait” (New York Times)—rather than remain committed to its previous plans for two hikes in 2019.

In addition to good economic times, a continuation of historically low interest rates could make 2019 a most welcome setting for buying and selling Fenwick Island, DE real estate. I hope it’s a year you’ll give me a call! 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

The wry observation that “the three most important things in real estate are location, location, and location” has been around for the better part of a century. The wisdom of that wisecrack is still undeniable—including for when it comes to buying Fenwick Island, DE homes. It is, after all, why a house in one of Fenwick Island, DE’s more desirable areas will generally sell at a premium to one of equal size and construction in a less sought-after area.

For 21st-century house hunters who might be inclined to pay location less heed than their forebears, that could be risky. After all, what originally made one area more desirable than others has usually been a combination of meaningful factors. The first has to do with its raw attributes—the visual appeal of its setting, the quality of its microclimate, or its relative insulation from natural hazards.

Then there’s the livability factor of a location’s accessibility—its ease of access to places of work, shopping, and recreation. We may be have become an ever-more-mobile society, but a lengthy daily commute does exact a price in terms of quality of life. For anxious parents, a home’s location in a superior Fenwick Island, DE school district can be the decisive draw. And as the holidays approach, it’s easy to recall how near proximity to a major airport can keep far-flung family members in the fold.

I counsel my clients to give full weight in their buying decision to the distinct equation that is location. It is, when all is said and done, the quality that stands alone—the one that’s utterly immutable. Before you’ve bought, it’s the part you can’t negotiate. After you’ve bought, it’s the part you can’t do anything about!

Buying your Fenwick Island, DE home should be a thoughtful process, but if it’s also fun, the result is guaranteed. Give me a call when you’re ready to begin hunting! 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

 Buying or selling any Fenwick Island, DE home is, on one hand, a highly technical matter. The full complement of Fenwick Island, DE rules guarantee that the transaction cannot be challenged. The volumes of paperwork we execute at the closing table literally seal the deal.

But there’s also “on the other hand”—the human aspect that follows closing. In the hectic melee that often accompanies moving day—once the moving van has driven off—it’s time to say goodbye to the house. It is a landmark juncture—the moment when your “home” again becomes simply a “house,” as you and the family move on to the next.

This is a moment that’s likely to be overlooked until it’s at hand, on top of you. And then it has passed; in the rearview mirror; gone forever. But rather than allowing moving day to become a time when something irreplaceable is lost, a couple of simple preparations can turn the occasion around:

Be a Historian. As you assemble the cartons to pack for the move, set one out in a central place as a repository for the family history. It will serve as a receptacle for the snapshots, mementos and bits and pieces that have collected in drawers and shelves through the years. They’re likely to be discarded as ‘junk’—but in later years will trigger memories that are otherwise bound to be forgotten altogether. You might turn them into an invaluable scrapbook—literally, they are the “scraps” of history! More likely, in future family reunions, they will inspire the kind of lively, hilarious flashbacks that make for hilarious get-togethers.

Bring the Fenwick Island, DE House with You. Even before your Fenwick Island, DE moving day arrives, make sure you have at least one photograph that can stand for all time as the way “the Fenwick Island, DE house” looked when you lived there. Today it’s newly inexpensive to have a good digital photograph transformed into a frameable portrait. Plan to have it grace a wall in the new house—somewhere where everyone will pass it daily. Every once in a while, they’ll pause to remember, connecting past to present. It’s said that that wisdom accumulates where memory flourishes.

When I’m tapped to serve as your Fenwick Island, DE real estate agent, I do my best to make your buying and selling a rich and rewarding experience. 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