Pro Investor Moves Encourage North Bethany, DE Residential Buyers
The details in last month’s Mansion Global Market Report might ease at least some of those worries. It documents recent activity among the most sophisticated investors—good company for regular consumers who don’t dedicate their full-time attention to ferreting the best investment opportunities. It seems that professional investors are actively buying residential real estate at an increasing pace. The report’s headline made that point indisputable: “Investors Account for About One in Six U.S. Home Sales.”
The MG reportage is a product of the Barron’s Group—with Barron’s being a stalwart publication aimed at professional investors. By documenting the announced investment filings by institutions and businesses that buy residential real estate, they were able to report that the 68,000 properties they bought in the second quarter constituted more than a 15% increase over those purchases in the previous quarter. That’s the highest quarterly figure recorded since 2000 (and 2000 was when Barron’s first started tracking sales volumes). That rate also more than doubled last year’s second-quarter total.
One senior economist tackled the hefty price issue directly. “Investors see soaring home prices as an opportunity,” said senior economist Sheharyar Bokhari. From his point of view, “returns are pretty much guaranteed—especially when you’re an investor who has access to extremely cheap debt.”
Today’s home loan rates certainly continue to qualify in that department. For potential North Bethany, DE home buyers whose primary goal is securing a delightful residence rather than earning immediate financial “returns,” finding themselves in step with the sophisticated money folks can only be an added incentive. If you might be thinking about taking advantage of today’s residential offerings, do 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.
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- Written by Jimmie Bachand
Murphy’s Law’s Five Moving Day Corollaries
It’s one of those regrettable facts of life that Murphy’s Law and many a North Bethany, DE Moving Day have a lot in common. In case you’ve forgotten, the Law is stated as, “Anything that can go wrong will go wrong.”
Google claims that the Number One query about the Law is: “Is Murphy’s Law a real thing?” That is a question that’s hard to answer—like, “If a banana peel is left on a sidewalk, will you necessarily slip on it?” You may not be able to prove it either way, but as any auto mechanic will tell you, once your hands are coated with grease, your nose will begin to itch.
Given that the relationship between some North Bethany, DE Moving Days and Murphy’s Law can be a strong one, being forewarned about some of the most common Moving Day corollaries to Murphy’s Law:
1. The half dozen most convenient Moving Day dates are already booked at the moving company you prefer.
2. The one Moving Day you are forced to select is a day on which at least one of the utility companies cannot establish service.
3. On Moving Day, your clearest marking pen will run out of ink. Immediately.
4. If any box is misplaced in transit, it will be the one you’ve marked “unpack first.”
5. Actually, it will be marked “unpac” (see #3).
When any of these common corollaries do actually come to pass, it may seem to be proof that Nature conspires against Man. But that’s not so. There’s a rainbow at the end of the storm:
When, at the conclusion of the move, you finally get to sit down for a moment (even if it has to be cross-legged between boxes on the living room floor), the fact that you have triumphed over the hardships you’ve endured on Moving Day will make the moment all the more satisfying. It is an exhilaratingly transporting moment: you made it—you are actually in YOUR NEW HOME!
Whether buying, selling, or both, when you tap me to spearhead your North Bethany, DE real estate venture, I’ll also be sure to provide timely pointers well ahead of Moving Day. 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
North Bethany, DE Real Estate Relates to One Expert’s Assessment
Friday’s Bloomberg Wealth interview with “The World’s Most Successful Real Estate Investor” shed light on one notable insider’s current thinking—views that should engage anyone with an interest in North Bethany, DE real estate.
“Is now a good time to invest in real estate?” was the question for Jon Gray, President of Blackstone Group, probing whether buying a home today makes sense. Given a “pretty good” economy that will probably “head down at some point,” that could be a reasonable question. House hunters may be primarily focused on finding the North Bethany, DE home that’s right for their housing needs, but they are also quite aware that their choice will also serve as a repository of value. That makes the views of “the most successful real estate investor” worth a listen!
Gray’s response began by pointing to a couple of warning signs of a dangerously oversold market: “too much leverage” and “too much capital.” He brought them up because they aren’t present today—they’re two reasons why his answer boils down to this: it’s “a pretty good time” for real estate investments.
Gray is known for bold mega-moves (like buying the once-foundering Hilton Hotel, in large part due to its terrific real estate holdings). It was a well-publicized purchase that initially seemed to be risky but proved farsighted in the long run. That makes his response to the question “what’s the best investment advice you’ve ever received?” all the more interesting. His answer is to be a “high-conviction” investor—made possible by knowing and understanding the field. Gray offered his own list of the kind of areas that investors might delve into ‘when you see something’ that’s attractive. First on the list: “single-family housing”—for any number of reasons. That’s an opinion that was amplified in last week’s Mortgage Bankers Association post: “Yes, Real Estate Prices are Soaring and No, It’s Not a Bubble.”
With today’s highly favorable mortgage interest rates, buyers and sellers continue to take advantage of opportunities in today’s market. Call me to investigate what’s out there! 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
North Bethany, DE Listing Decision May be Affected by Federal Move
For homeowners weighing the pros and cons of adding their homes to the North Bethany, DE listings, the ‘pros’ are substantial. The steady national rise in home prices indicates a healthy market—one significant “pro.” The latest national existing-home sales price figures confirmed a median rise of 14.6% over the previous year—the 105th consecutive month of price gains across all regions.
Another one of the “pros” is a market where competition is relatively light—something that’s been the situation in America for some time. And when the scarcity of existing homes for sale is combined with what might be the strongest “pro”—bargain-basement home loan interest rates—the positives make a strong case for this being a favorable environment for joining the North Bethany, DE listings.
Even so, there is at least one countervailing “con.” The steady rise in home prices may be terrific for sellers, but it also has the effect of limiting the pool of qualified prospective buyers. But now, a federal agency has stepped in with an adjustment that could empower more buyers.
The action came from the Federal Housing Finance Agency via its annual “CLL” adjustment, which came at the stroke of midnight on December 31. The CLL is trade shorthand for the Conforming Loan Limit, the top-dollar amount allowed by Fannie Mae and Freddie Mac to qualify as one of their “conforming” loans—those which the FHA will reinsure. Home loans that conform are easier to get since the risk is backstopped by the government entities. As a result, they usually carry lower interest rates than non-conforming loans (the ‘jumbos’).
The CLL limits differ from one county to another, with high-cost areas pegged at higher levels than baseline regions. Since homeowners who add their properties to the North Bethany, DE listings may intend a move out of our area, the CLL in their future neighborhood could have financial repercussions that affect their decision. Here is a link that lists the new CLLs for each county in the 50 states and territories.
If you will be selling or buying (or both) in 2021, early planning paves the way to success—which means that now is a great time to 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.
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- Written by Jimmie Bachand
