The Inevitable Factor Milton, DE Real Estate Mitigates
You can forgive those responsible for the Milton, DE family shopping if they tend to be suspicious when we go for long without hearing much about inflation. Last Wednesday’s Associated Press headline, “Yes, your grocery bills have gone up,” probably confirmed their feeling from recent supermarket forays. Earlier, the AP had already reported a summer surge at the nation’s grocery stores, illustrated by the fact that July rang up the biggest monthly gain since late 2018. September’s rise (.4%) “was bigger than economists had been expecting,” constituting the sharpest rise since May, which was when pandemic-triggered shutdowns at food processing plants caused a 5.6% spike in prices.
Yet, inflation-wise, Milton, DE home budgets have emerged relatively unscathed this year. A combination of economic forces has caused the overall inflation rate to remain quiet for the moment. With this month’s release of Federal Reserve meeting notes having restated their governing board’s intent to continue to support an inflation target of “at least” 2%, it was clear that galloping inflation is not on the horizon. Of course, that’s for now—later is another matter.
In the grander scheme of things, Milton, DE homeowners should view inflation’s inevitable eventual return with less alarm than non-homeowners. A recent Forbes article on the subject (“How to Fight Inflation Through Real Estate Investing),” points out why, since “inflation is inevitable,” that’s true:
· Appreciating value. Since, on average, property values have appreciated between 3% and 5% annually, they “not only kept up with inflation…but they’ve added value and gained appreciation.”
· Increasing income (rents). For landlords, inflation is accompanied by increasing rents, which “will not only cover your monthly expenses…but will also generate $100-$400 per month in cash flow.”
· Depreciating debt. At the same time that “your real estate asset is appreciating in value, your debt owed on the property is actually depreciating in value.” An example given was a $750 mortgage payment that, with inflation, was worth far less ten years later—an effect that continues to build.
Those three are potent reasons why Milton, DE real estate investments are considered reliable hedges against inflation—not just for landlords, but for regular Milton, DE homeowners, as well. Of course, they also get to live in their investment!
Call me anytime for expert advice on all your Milton, DE real estate dealings. 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.
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- Written by Jimmie Bachand
Shelter in 2020’s Storm: Milton, DE Mortgage Rates
The unsettling events of the first half of 2020 have prompted some Milton, DE residents to adopt a wait-and-see attitude—especially major decisions concerning Milton, DE real estate. For most of the spring, it had looked as if June would be the month when more clarity would surface, starting with how soon Covid-19 restrictions would be relaxed. To some extent, that’s been the case—but many other momentous headline-grabbing events have intervened. Clarity about the future has been limited. Even so, throughout 2020’s roller-coaster ride, one key element of Milton, DE’s real estate component has remained steadfast and encouraging: mortgage interest rates.
Last week, CNBC headlined, “Mortgage demand from homebuyers amazes again.” The “amazement” stemmed not just from the Mortgage Bankers Association’s report that the volume of buyer applications for home loans had risen 5% in the week: a full 13% above the same week in 2019. It was a volume upsurge that came in the face of rising mortgage interest rates. Albeit minor, any rise is normally something that depresses application numbers.
Explanations were forthcoming—much of it devoted to the pandemic phenomenon and speculation that renters were reevaluating the importance to their families of owning their permanent home base. Surveys also showed that Americans (undoubtedly Milton, DE residents among them) had been saving more and spending less—savings build confidence, and confidence inspires homebuying. Consumer behavior seemed to be undergoing considerable change, favoring essentials over non-essentials—and “shelter” definitely belongs in the former category.
Even so, by Wednesday of last week, Mortgage News Daily left the speculation out of its lead headline, simply allowing its readers to draw their own connections: “Quarantines Lift, Mortgage Volume Explodes.” Following the Federal Reserve announcement on Wednesday afternoon, the previous interest rate increase also reversed with a vengeance. In fact, by noon on Friday, MND’s Facebook Daily Update could headline: “Mortgage Rates Below 3% For 1st Time Ever.” They did add “(But Not for Everyone).”
As summer begins, if you are considering buying or selling your own home, Milton, DE mortgage interest rates are, in MND’s phrase, “right in line with the all-time lows.” To take advantage of the moment, I hope you’ll 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.
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- Written by Jimmie Bachand
The “Milton, DE” in “Milton, DE Real Estate”
A key real estate insight was on display in one recent sponsored post that appeared in the Inman real estate trade newspaper. The theme was about eternal industry truths—rules that apply to businesses big and small.
One of the rules is widely understood by any enterprise that deals with consumers: it’s that “people-based” marketing is what works. The idea is to appreciate the emotional—as well as the rational—underpinnings of what people bring to how they lead their daily lives. In real estate, that translates into choosing to emphasize the experience made possible by a home’s features— rather than just naming the features themselves. Instead of simply listing the Jenn-Air this or Sub-Zero that, it’s more effective to first describe how a kitchen provides an ideal setting for gourmet cooks to create their show-stoppers—then detail the high-end appliances that make it so.
That’s a worthy insight, as was another that was also thought-provoking. It dealt with the primacy of “place” in real estate: the “Milton, DE” in “Milton, DE real estate.” It may be true that for many prospective buyers, the community has already been determined—in which case, competitive listings will have that in common.
But that needn’t diminish the power of describing how choosing this home will bestow all the advantages of living in Milton, DE—especially when the offering is in a community that has as much going for it as Milton, DE does. Potential buyers will be pleased to learn of their new home’s proximity to Milton, DE community features—the popular restaurants, parks, events, and other appealing attractions that may have drawn them here in the first place. Every Milton, DE property has its own distinguishing features, and each also has a place in the greater story of our Milton, DE community—one every future resident is certain to find fascinating.
I hope you will call me when it’s time to sell your own Milton, DE property! 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.
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- Written by Jimmie Bachand
Importance of Starting with the Right Milton, DE Neighborhood
When most people set about finding their next home, their attention is occupied by how well the listed properties fulfill the family’s immediate housing needs. These include not only the state of the physical structure, but everything else—including well-nigh unclassifiable elements like style and taste and just how the place feels.
But there is at least an arguable school of thought that all of those elements can wait. This opinion has it that the house itself is the cart, and putting it “before the horse” is sometimes a mistake. In their view, this particular “horse” is the Milton, DE neighborhood in which the house is located. Regardless of just where the neighborhood should fit into the overall picture, some elements do belong high on the list:
SECURITY. Web listing crime rate statistics tell a story about safety. They can be unexpected based on proximity to high traffic areas, commercial developments, or public facilities. You might compare the statistics with those for your current neighborhood to get a better idea of what they represent.
FINANCIAL. Daily expenses in different parts of Milton, DE may be greatly affected by such things as proximity to reasonably-priced grocery stores, simple highway access, etc. A ten-minute driving difference that seems insignificant when house-hunting can add considerably to transportation expenses over the years.
COL. Similarly, easy neighborhood access to Cost of Living markers like healthcare providers and utility services can make a practical difference in keeping monthly budget numbers down. Recreation can be expensive or free, depending on nearby public facilities.
THE OTHER STUFF. A bustling Milton, DE neighborhood may be right for you, or a quieter, more secluded one—aspects that can vary from one street to the next. If seclusion and privacy appeal to you, opting for the perfect house on a busy street corner could well be a wrong call!
I’m here to help define the factors that point us in the right direction for finding the right Milton, DE house at the right price—ideally, in the perfect neighborhood for your family. 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.
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- Written by Jimmie Bachand
