Now that we’re almost to Thanksgiving, we find ourselves at the traditional moment when real estate’s soothsayers dust off their crystal balls and get busy. In the coming weeks, they will go to press with their projections, informed guesses, and unbridled hunches about how real estate will fare in the coming year.

Everyone contemplating Rehoboth Beach, DE  real estate transactions in 2020 will be affected to some degree by shifts in the national disposition, so it’s always worth keeping an ear open to the experts’ conversations—their projections do influence what actually comes to pass (even if they’re ultimately off-target).

Last Friday’s Forbes release led the pack this year with Senior Contributor Aly Yale’s roundup of six opinions from Forbes-selected mortgage, real estate, and housing experts. For Rehoboth Beach, DE  readers hoping to gain fresh insights about the coming year, the consensus views were less than electrifying: if any big changes are hovering over the horizon, the experts are keeping them on the q.t.

Details:

Housing.  Throughout 2019, housing inventories have remained limited, in large part because people are choosing longer stays in their current homes. One study found that the average duration was 8 years in 2010—but is now 13 years. Says O. Kushi, chief economist for First American title insurer, “you can’t buy what’s not for sale;” hence, the cap on housing sales. The prediction for 2020? More of the same.

Real Estate: With interest rates low and incomes climbing, the share of younger buyers has been growing. Even so, it has still been an uphill battle due to higher prices and a dearth of starter homes. For 2020? Expect more price pressure. One prediction is an average price appreciation of 5.6% by next September (versus this year’s 3.5% rise).

Mortgages: This year, Rehoboth Beach, DE  home loan rates fooled most of the experts, falling in line with the national monthly average with a drop of about 1%. Next year, they’re expected to “stay low—or maybe go lower.”  The Mortgage Bankers Association concurs, projecting average rates of 3.7% to 3.9%. Freddie Mace “actually predicts rates…even lower”—3.5%-3.6%.

As we’ve seen many times, you can’t take predictions about interest rates “to the bank,” but they do have some value as calmatives—particularly when they’re like these, projecting advantageous conditions to come. Another advantageous idea is to give me a call when Rehoboth Beach, DE  real estate matters are in your own future! 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

 Now that it’s late October, the usual spate of Fall Maintenance and Autumn Housekeeping advisories should be surfacing on the web, newspapers, and airwaves. These are the wakeup calls aimed at homeowners nationwide—annual cautions about how winter weather can inflict various categories of damage on Rehoboth Beach, DE properties that don’t heed the proffered advice.

But at least one October maintenance tip is often missing from the fall checklists. Not surprisingly, it’s also one that many Rehoboth Beach, DE homeowners forget to act upon. That’s probably because the targeted maintenance item is for an appliance that gets our attention in the summertime: central air conditioner units. Along with their increasingly popular alter egos—ductless AC “splits”— these appliances command less than front-burner attention as autumn weather lowers the temperature. But every HVAC professional will argue that now is the time to ensure a trouble-free AC revival when spring rolls around.

Since every Rehoboth Beach, DE household’s equipment differs, the exact winterizing procedures will differ. Yet, since the dust and dirt that are the core enemies of every AC system, especially as October winds cause autumnal debris to fill the air, it is a good time to clear the condenser fins and coils before preparing to cover up the units. Some sites recommend checking the coolant pressure at this point, but most others agree that a pro’s springtime maintenance checkup should suffice. Everyone recommends that annual preventive visit, though—lacking upkeep, most units lose roughly 5% efficiency per year.

Well-maintained air conditioning equipment lasts a lot longer than its neglected brethren, so Rehoboth Beach, DE homeowners who take the few minutes now can plan on a long-term benefit. And when the time to sell your home approaches, it’s one area that won’t need costly replacement. When that time comes, 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

Few Rehoboth Beach, DE residents who spend much time online have avoided the unnerving experience of having their screens populated with ads aimed at them, personally. Whether the culprit is Google or Facebook or one of the otherwise-useful apps, it’s close to impossible to avoid having your personal preferences noted and exploited by the omnipresent web snoops.

Among the annoying pop-up ads that result can be the ones that aim at real estate investors. Some feature piggy bank graphics, graying couples with anxious (or confident) expressions on their faces, or charts with upward-sloping trend lines. There is one that shows a toy house on top of a mountain of dollar bills—a variation on the ones perched atop stacks of coins.

But then there are the really aggressive pop-ups. Some of them actually pop up and without even asking start playing video movies about successful real estate investing. If the soundtracks are noisy, and particularly if they originate from a window buried behind other windows (so you have to stop what you’re doing to find them in order to shut them up), these can be really annoying.

Real estate investment pop-ups may promise Simple ways to invest, Hidden ways to invest, or even Secret ways to invest. The Secret ways are often free—contained in online books whose covers tend to look a lot like the other pop-up graphics (piggy banks, mounds of cash, etc.). It’s not hard to resist downloading them.

I have a not-so-hidden secret about Rehoboth Beach, DE real estate investing. Success takes some thoughtful groundwork, including identifying an investment goal, devising a strategy, and finding an energetic local real estate agent who knows Rehoboth Beach, DE and its current and emerging opportunities. When you give me a call, we can dispense with the piggy bank graphics and get right to work! 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

 For Rehoboth Beach, DE neighbors who are curious about how Labor Day got started, most of the readily available references seem to hedge just a little. They have introductory lines like “There’s disagreement how the holiday began” (nationaltoday.com), or “More than a century after the first Labor Day observance, there is still some doubt…”(U.S. Department of Labor).

The finger-pointing issues from both the followers of Peter J. McGuire, a Carpenters Union leader, and the advocates of Matthew Maguire, a machinist and union heavyweight. “One or the other first proposed the idea” is the diplomatic way The Farmers Almanac skirts the question. The Labor Dept. is equally diplomatic. Its official history is titled, “Who Actually Invented Labor Day?”

What isn’t in doubt is the underlying meaning of Labor Day across the nation—Rehoboth Beach, DE’s Labor Day included. Small children may still find the idea perplexing (as in, “How come nobody in Rehoboth Beach, DE works on Labor Day?”); yet the root idea is to honor everyone who works for a living.

It was made a national holiday in 1894, probably because workers’ movements were gaining popular support and Congress wanted to join the parade. Regardless of whether it was Maguire’s or McGuire’s doing, it was a stroke of genius to place it at a point in the year midway between July 4 and Thanksgiving—just when people would be pining for an extra day off.

Today’s Rehoboth Beach, DE Labor Day observances may put less emphasis on workers’ movement history and more on end-of-summer family celebrations, but as we bid farewell to 2019’s summertime and say hello to back-to-school, football, and the like, it doesn’t hurt to pause a moment to consider all the hard work that goes into the workings that keep our community humming. Certainly Rehoboth Beach, DE real estate depends on it.

Happy Labor Day, Rehoboth Beach, DE—and don’t forget to give me a call whenever my professional elbow grease is called for in your 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