“There’s No Place like Home” is one of those quaint sayings that somehow lasts forever, probably just because it’s so true. “Home is Where the Heart Is” is another one: corny, maybe, but undeniable.
There’s a strictly real estate saying that Millville residents will recognize at once, too. Less corny as well as a good deal more practical. It’s “Location! Location! Location!”—and it’s every bit as true as the other ones. It’s the where of real estate, and although it is usually thought of in its commercial connection, to a slightly lesser degree, it has major Millville residential significance.
For those of us who are already Millville residents, where our next home should be located is almost certainly one of the two or three primary considerations. But even more so for out-of-towners who will be moving into our area. After price range, it’s a ruling factor: location location location—which Millville neighborhood will be our best choice for home—is a good place to start.
When you’re brand new to any area, just thinking ‘location location location’ is one thing, but going about finding the right one in a timely manner isn’t necessarily easy. First step will be to consult the real estate professional you’ve teamed up with (a good one would be me!) and have an in-depth orientation conversation about our neighborhoods. Next come prioritizing your own priorities:
Professional. If you know the ‘location location location’ of where you’ll be working, the commute distance is likely to be a key factor. The convenience of having your Millville home as close as possible to your work will only grow with time.
School. If you have school-aged children, you’ll want to research how the schools are rated, or opt to a top-notch private institution. Either way, getting the kids to and from can be less of a hassle if home is in the right place. Location, location, etc.!
Shopping. Weekend mall visits certainly don’t need to be right around the corner, but things like visits to the grocery store can become an irritant if it involves 15-minutes each way…every day! Perhaps not a governing factor, but one that gains importance over time.
Community. Church, social groups, cultural gatherings are either to your liking or less so. Once you have gauged all of those “practical” factors, it will take some local visits and conversations with residents to get the real flavor of the possible communities—and determine which seem most inviting. Access to sports and outdoor recreational facilities also fit into this category…which, taken together, can easily turn out to be the most important quality of life factor.
Unless you happen to be a longtime local resident, many of the qualities of a listing’s location location location in Millville isn’t fully evident from the listing information. It takes some on-the-ground knowledge, and (ideally) more than one visit. It also will benefit when your buyer’s Realtor® is a knowledgeable and experienced local resident…which is another good reason to give me a 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.beachrealestate.com.

Whenever you are getting ready to buy or sell a residence, taking the temperature of the local housing market is part of how you prepare to engage. When Millville real estate prices are on the rise, bargain hunters know they’ll have to scramble. When Millville real estate prices are flat or on the downturn, spotting good value in the local listings is easier. A slow market means that those sellers who are impatient to move on will be willing to reduce their asking price. They will tend to “find the market” more quickly, rather than waiting it out.
Our Millville real estate prices are seldom in exact lockstep with the national market—but when it moves, the impact is felt sooner or later. Of all the national barometers that are out there, the pre-eminent one is the research done by under the Case-Shiller banner.
At the end of last month, the latest S&P/Case-Shiller Home Price Index again confirmed the uptrend we’ve been seeing for nearly 3 years now. No surprise there: nationally, residential real estate prices continued to rise at the moderate clip that we’ve grown accustomed to. The only standouts were in the 20-City Composite (the single month rise of .5% was the largest increase since July) and in Denver and Dallas—both of which have now actually surpassed the peaks registered at the height of the real estate price bubble (which might have Coloradans and Texans wondering if it was a bubble at all)…
But what was unusually interesting were some observations published at the end of the Case-Shiller report, in the Analysis section. It noted that the data marked the 34th consecutive month of year-over-year price gains, and that home real estate prices “continue to rise and outpace both inflation and wage gains.” It pointed out that, nationally, average residential real estate prices are within 10% of the “housing boom peak.” And then it came up with an insight that puts things in perspective in a way that hasn’t appeared elsewhere. This by S&P Dow Jones Index Chairman David Bitzer:
“A better sense of where home prices are can be seen by starting in January 2000, before the housing boom accelerated…”
Looking at inflation-adjusted numbers, the latest U.S. real estate prices as registered in the Index rose just a touch under 30% from January 2000 to February 2015. In other words, when you remove the whole statistical bulge—the “bubble” phenomenon—out of the picture, residential real estate prices have risen at an annual 1.7% rate. That’s real appreciation, adjusted for inflation. Slow—but “steady as she goes!”…and for the past three years or so, it’s more than doubled that long-term gain.
Millville homeowners whose stress levels went up and down with the extreme price rise and fall would have been a lot more comfortable had they just snoozed through the whole affair, confident that the long-term history of real estate demonstrates, as the name implies, just about the most ‘real’ investment you can make.
When you get ready to take a look at the residential market, I hope you will want to give me the first call. I’ll share the latest up-to-the-minute info on Millville real estate prices and activity that will put everything into meaningful perspective! 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.beachrealestate.com.

When you do a web search for “average house price in Millville,” you come up with a lot of good, not-so-good, and just plain lame information. If you were looking for a general idea of what the current market says that homes like yours in your neighborhood are worth, the results are likely to be more amusing than anything else.
You always come up with the national sites’ average listing price for homes for sale in Millville. Depending upon how recently their data engine found and tossed out duplicates and errors, and that can be an interesting number. You will also get state real estate trends, a list of average sold prices (this one seems to be subject to error); an instant, somewhat dubious calculation for the average price per square foot of a house in Millville; and ads. Lots and lots of ads. But almost all of the “averages” are affected by listings and/or sale prices for “lot/land for sale” and the like…hardly useful unless your own house has recently disappeared. Likewise, unless your property is a weekend getaway chalet, any “charming, quiet cabin” listings will send the “average house price in Millville” calculation seriously awry.
On a recent web excursion, I did stumble across a great cartoon presentation at the CNN.com site. It was an animation that showed how the average American home has changed over the past 40 years. The graphics show a typical house as it expands, contracts, adds features and loses them (the fireplace disappeared about 10 years ago: who knew that?).
With a tip of the hat to creator Bard Edlund, here’s a synopsis of the highlights:
1973 found the median new single family residence at 1,525 square feet.
A mere seven years later, air conditioning and a fireplace had appeared…anyone familiar with the era might be forgiven for retrieving the mental image of President Nixon’s Oval Office fireplace roaring while the air conditioning blasts away…
In 1984, George Orwell’s’ predictions aren’t totally in place, but the square footage has stretched to 1,605, and the average house price is $79,900. Ten years later, the house has expanded to 1,940 square feet, average house price is $130,000.
That “average house price” growth is pretty convincing: the narrator backtracks to point out that “the median sales price has gone from $64,600 in 1980 to $169,000 just 20 years later.” Alas, even though the cartoon doesn’t show a wrecking crew tearing it out, “the fireplace disappears in 2007” (there’s still one in the White House, though); “right before the house contracts during the economic crisis.” Then the recovery: by 2013, the average price of $268,900 supports a house having 2,384 square feet of space: 56% larger than the house of 40 years ago.
The animations and commentaries are diverting—and asking Bing or Google for the average Millville house price does get you a raft of information—but if you are seriously pricing our current Millville market, a specific detailed search right here on my site will get you a lot closer to the information you need. And if you are considering the sale of your own home, you deserve a professionally researched comparable analysis—the kind performed by an experienced, licensed area Realtor®. That’s me, and I’d be pleased to perform exactly that kind of thorough-going ‘comp’ for your property, with no obligation attached. And you don’t have to search further: I’m just a phone call away! 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.beachrealestate.com

 

When you find yourself poised on the brink of any new real estate venture, there’s no more important initial step than seeking out a great Millville Realtor® to round out your team. Without even thinking about it, everyone automatically knows that they want a real estate professional with the technical experience, communication skills, and local knowledge that such serious business requires. It also won’t hurt if your Realtor has bottomless reserves of energy and a positive attitude to match—as well as the sympathetic human traits that makes them a pleasure to work with.

There are lots of conventional channels that make it easy to identify perfectly well-qualified Millville Realtors (and we are lucky to have many talented ones here in the area)—but when you’re looking for the one who will sync with you and your ultimate goals, that level of rapport will most likely take an extra proactive step or two to secure.

Positive word-of-mouth is a good way to start, but it’s realistic to remember that the one making the referral may or may not share your priorities in a working relationship. You will be working together for a while, and depending upon each other to make some significant decisions—some of which could be made under pressure. When the team has good chemistry going for it, those decisions will come easier. A few ideas that people have found helpful in finding the right Realtor:

Check out a Realtor’s Open House

This is a good way to see a Realtor at work. Whether you are buying a Millville home or selling your own, dropping in unexpectedly will allow you to listen to what they say and how they interact with prospects. Don’t hesitate to be upfront about your own situation: a great Realtor will be able to help other potential buyers and deal with you without missing a beat!

Use Social Media

You can also start conversations with prospective Realtors on social media to gauge how long it takes them to respond, whether or not they can give you detailed answers, and to see how they engage with other members of the public. This is a good way to tell if they use social media skillfully, building their brand while clearly valuing the people who interact with them.

Consult with Other Professionals

The opinions of contractors, mortgage brokers and repair people can be valuable, too. Professional people have an insider’s view of the Millville Realtors who work hard to get the job done efficiently.

Of course, fine-tuning your choice should include doing the conventional legwork, too. Look at the Realtor’s listings, their track records, their accolades, and where they live. The rest is up to you. Needless to say, I hope I make it to your final cut!