The Home Front
A note from Danielle
As this intersects with a economic softening and a stock market that is seeing a dip from consumer confidence weakening, we are asked daily, if not hourly “is the real estate market here a bubble that’s about to burst?”
The answer is “No, But…”
‘No’ it’s not about to burst, but areas are beginning to stabilize Now more than ever be certain the advisors (real estate and otherwise) that you hire are knowledgeable and wise in their perspective to help you adapt as the market shifts.
‘But’ Make sure your strategies are setting you up for success, by understanding the current real time changes as they unfold. What was true last week, may not be the same today, and a strategy that seemed like an obvious way to score may be mismatched for Buyer or Seller expectations tomorrow. It’s impossible to really position yourself correctly without an advocate in your corner who understand how to appropriately interpret the data, and how to couple this with the artistic balance of crafting the perfectly prepared strategy
Our market is not simply face value data, and must be filtered through local knowledge and real time changes.
That’s what we ’ re here for. As your resource for any and all things “Home”, including investment real estate, we stay on top of the changes as they occur. Design game plans to provide you a winning edge, and are why are clients return over and again
We welcome your questions anytime, and as always appreciate the opportunity to be introduced to your friends and family to become their trusted advisor as well.
Nearing the Mother’s Day holiday not only brings me immense pride for the working Mom’s of DCH, but for each of you, who hustle in your unique crafts and business while balancing the needs of your families.
Remember to be present in the moments and intentional with your time, as it passes by ever so swiftly
Market trends in our area
Source: Market Statistics from the GRAR
280 North Main Street, Canandaigua | $449,900
Location, charm and modern comforts come together in this beautifully preserved and thoughtfully updated home!
Located in Canandaigua’s Historic District!
So much room to entertain friends and family & an ideal layout!
Charming and elegant features throughout!
Location, charm and modern comforts come together in this beautifully preserved and thoughtfully updated home, just steps from parks, schools, shopping, restaurants and Lakeshore Drive! Step inside the spacious foyer and feel instantly at home. The inviting layout offers a perfect balance of formal and casual living spaces, ideal for everyday living and entertaining. The updated kitchen, with easy access to the covered back porch, is well appointed with center island, ample counters, cozy dining nook and a gorgeous adjoining butler’s pantry! Flexible living continues with a bright family room and a first-floor office or morning room, perfect for work-from-home days or your favorite hobbies Original character shines through with gorgeous leaded glass windows and rich natural woodwork. Don't miss the conveniently located first-floor powder room! Upstairs, the private primary suite with en-suite bath offers a peaceful retreat. Three additional bedrooms with gleaming hardwoods, a second full bath, and a finished third-floor bonus room provide space for everyone, whether you need a 5th bedroom, home theater, playroom, or creative space Outside, enjoy a private backyard oasis with a stunning patio, covered porches, and plenty of room for entertaining or relaxing. A HUGE outbuilding/garage with loft storage adds even more versatility. Don’t miss the chance to call this special property home, where historic charm meets modern convenience in the heart of Canandaigua!
1601 Emerson Road, Middlesex | $319,900
Don’t miss this RARE opportunity to own a truly unique ‘Nature Haven’ sitting on 40 acres of serene, private land!
Imagine sipping coffee watching the sun rise over your stocked pond, or hiking your own manicured trails letting the dogs roam without a car in sight The unmatched natural beauty and sounds of the birds, the water rushing through the creek Deer, Otter, Heron and Duck are some of the beautiful and bountiful species that call this paradise “home”, and after 25 years this property awaits its new owner! Whether a full time residence, or a perfect Finger Lakes getaway, you’ll enjoy the proximity to the farmers markets, beer and wine trails and the solitude of disconnecting!
-12 large eggs -1/3 cups heavy cream -Kosher salt and freshly ground black pepper
-1 1/2 cups frozen broccoli florets, thawed
-1/2 cup chopped deli ham (about 2 1/2 ounces)
-1/2 cup shredded mild Cheddar -1/2 cup shredded Monterey Jack cheese
https://www.foodnetwork.com/recipes/food-network-kitchen/ham-broccoli-and-cheddar-frittata-8086533
Broccoli and Cheddar Frittata
Preparation:
Step 1: Preheat the oven to 300 degrees F. Whisk the eggs, cream, 1 teaspoon salt and a few grinds of black pepper together in a large bowl until smooth. Fold in the broccoli, ham, Cheddar and Monterey Jack until well combined.
Step 2: Pour the mixture into an oven-safe, 10-inch nonstick skillet. Bake until the eggs are just set and no longer jiggly in the middle, 50 to 55 minutes. Let sit for 5 minutes before sliding the frittata out of the skillet onto a serving platter. Slice into wedges to serve.
Tariffs Will Affect Homebuilding—but Mortgage Rates Inch Down Another Week
Written by: Danielle Hale
The tariffs imposed by President Donald Trump have garnered swift reaction, including China’s retaliatory tariffs, which will take effect on April 10, but their true effects on any trade war remain to be seen in the coming weeks.
Financial and equities markets were rocked by the latest administration tariff announcement, which added new tariffs of varying amounts on just about all trading partners.
While this might not mean ongoing inflation, tariffs will certainly raise measured prices in the near term, making it harder for the Fed to parse incoming data and raising the risk of a policy mistake.
"While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than expected," said Fed chairman Jerome Powell during a speech on Friday at the Society for Advancing Business Editing and Writing Annual Conference. "The same is likely to be true of the economic effects, which will include higher inflation and slower growth "
Concerns about slower economic growth as businesses and consumers scramble to adjust and policy uncertainty delays investment decisions drove equities lower and bond prices higher, pushing interest rates down
The latest jobs report showed that companies continued to add jobs in March, with hiring ticking higher. The Department of Government Efficiency cuts were evident in this report, with the Federal workforce shrinking for a second month. Meanwhile, the unemployment rate edged up again and wage growth continued, but at a slower pace.
Last week, I discussed growing consumer concerns in the consumer confidence data, with expectations about the next six months falling to a 12-year low. Despite concerns, so far, signals from the labor market remain relatively healthy.
These new trade policy developments were not yet tracked in this week’s market mortgage rates, which dropped just 1 basis point, remaining within the fairly narrow 6.6% to 6.7% range they’ve occupied for five weeks now. This means that mortgage rates are likely to move lower in next week’s update, and shoppers working with a lender are already likely seeing lower rates.
Whether these lower rates will lead to an increase in housing activity remains to be seen. The Realtor com March Housing Trends report shows that sellers actively engaged with the housing market, putting more homes up for sale this year compared with last. The data suggests that buyers were a bit more reserved, with pending home sales in many major markets trending lower even as shoppers had more options to choose from and asking prices were flat. Weekly data shows that these trends were fairly consistent throughout the month.
The uptick in seller activity is notable because even as the lock-in effect eases, the gap between today’s market rates and the rate many homeowners have on their current mortgages is quite large
In fact, the latest data shows that 82% of homeowners with a mortgage had a rate below 6%, down from 87% one year ago.
Source:
https://www realtor com/news/real-estate-news/trump-tariffs-homebuilding-mortgage-rates/
Tracy Janczak, Founder
About Lip Laughs:
#WSWIB networking event supporting Women’s Foundation of Genesee Valley
DCH hosted another Women Supporting Women in Business event at the Brand Bar in Victor!
We’re grateful to everyone who supported the Women’s Foundation of Genesee Valley, especially Executive Director Krystle Ellis, whose powerful words about empowering young women were truly inspiring. Thanks to everyone ’ s generosity, we collected office supplies for the 2025 Girls Professional Development Day!
Thank you to all the amazing women who made the h m er.
lik
Here's what our client's have to say...
“Nancy is absolutely the best!!! She helped us purchase a piece of property a few years back and this past spring she helped us get top dollar for our home. Her process is very easy and efficient. We highly recommend reaching out to Nancy if you are in the market to buy or sell.”
-J. Jones
“My husband and I worked with Danielle to purchase our first home, and now, our forever home I cannot say enough about Danielle and everyone at her office. They are incredibly supportive, involved, and knowledgeable. They made the process of buying and selling a home seamless and went out of their way to help us every step of the way. I cannot recommend Danielle and her team enough!”
-R. Pierce
“Three down and still love DCH and Amanda Doremus!! Amanda just helped us close our third real estate transaction here and we couldn't be more pleased with everything from start to finish DCH and her team are responsive, knowledgeable, and kind. If you ' re looking for a realtor who is more than just a sales person, DCH and Amanda Doremus are your people They will work to get you into your dream home, and get a fair price for the home you ' re selling Great experience from start to finish.”
-K. McDonald
“We were impressed by your confidence, professionalism, and obvious love for not only your task of finding a buyer for our home, but for supporting us while we went through the process Listing our home in late October, and accepting the purchase offer on December 24 was unexpectedly fast! I was so grateful for your calm support during the month we had to pack and move!
Everyone we worked with, especially Nancy M, Amanda D, Stephanie were so kind and helpful (Nancy your ability to help our home look it's very best was incredible) To anyone else who may read this, if you are undecided about a realtor I strongly suggest and recommend you contact DCH! It could be the best decision you ever make when it comes to selling your home!”
-G. & B. Westbrook
