Lewes Real Estate

Whether you are moving to a new house with children or you are buying your first Lewes home with the intention of raising future little ones there, many factors will come into play when making your decision.

You will want to find a house with the right size and layout, that has a suitable number of bedrooms and bathrooms, is in an excellent neighborhood and has all of the local amenities your family will need.

Here are three important factors to consider during your new home search:

Location

• Is it close to a school that your kids want to attend when they are old enough? Lewes is located within the Cape Henlopen School District. Delaware's enrollment choice program makes it possible

You would think that buying a Coastal Delaware vacation home would be pretty much like buying your primary home. After all, the technical processes are the same: first, you locate a suitable vacation home the same way you found your primary residence (most likely with the active help of a knowledgeable agent), then the offer, financing, documentation, etc.

In fact, there are basic differences. Appreciating how they affect your final choice can help you secure a Coastal Delaware vacation home that provides the advantages you set out for -- a memory-creating family getaway, investment value that builds wealth, or both.

Patience is a key virtue in getting the deal right. Financial experts from Bankrate suggest that vacation homebuyers are in ideal

Lewes is one of the thriving beach towns along Coastal Delaware, lately recognized as a retirement haven to rival Southern locales. In fact, few people beyond the East Coast realize that the Delaware Beaches enjoy a mild climate year-round: in January the average high is 45 degrees and the average low is 30; in July the average high and low are 87 and 70.

Many wonderful attractions in Lewes draw visitors and residents alike. Among the most famous are:

Cape Henlopen State Park—Besides the beautiful swimming beaches, of course, you’ll find great fishing supported by a fishing center that’s open 7 days a week from the late spring through the fall. The fishing center sells bait, tackle, food, and camping supplies, while also hosting demonstrations and

Lewes Delaware, the first city in the first state, should be on your short list of places you'd like to live after you retire. Once you explore the rich history and experience the culture, you'll be shopping for real estate in Lewes.

The city, founded around 1631, is the perfect place for the history buff and antique lover. Take a four hour educational cruise from Fisherman's Wharf and learn about the historic Harbor of Lewes. Walk through the churchyard of St. Peter's to find graves dating back centuries.

Lewes offers an array of shopping opportunities and Second Street is the place to find them. Local shops offer items ranging from clothing and jewelry to antiques. Browse through the art galleries and specialty shops for unique artwork created by

Older Lewes homes sometimes offer more charm and character than the newer houses of today. They boast gabled roofs, crown moldings, hardwood floors and antique fixtures.

Buying an old house is like buying a piece of local history. Its beautiful period features can give it a timeless beauty and grace that is hard to resist.

However, buying a house from another era can be an endeavor fraught with potential problems. Older houses are not necessarily built to the same electrical or plumbing standards of today. Plus, if they have not been maintained correctly through the years, they can turn into a serious money pit or a potential hazard.

Here are six tips to keep in mind if you are considering buying an older home:

1. Always hire a professional

Lately, as national home values have continued to rise, area homeowners have had reason to feel a lot more comfortable with the part of their portfolio that Lewes home values represent. You didn’t have to be thinking of buying or selling to welcome the turnaround.

Of course, homeowners don’t need to feel like helpless prisoners of overall trends when it comes to their own home values. Home improvement projects can significantly raise those values. Yet the opposite is possible -- although it rarely happens, in the worst cases, projects gone wrong can actually damage underlying home values!

Here are some important areas to bear in mind when you are evaluating potential contractors. If you make them a part of your interviewing process, the candidates

I think every Lewes real estate agent shares my overall sense of optimism as national housing prices continue to revive. While the nation’s economy could definitely be in better shape, this growing stability in the residential market is one of the few economic indicators to provide a steady stream of positive news. The rest of the economy can certainly use some of that: since the real estate market is so massive, upbeat reports from our industry provides a steadying influence on the others.

Real estate agents nationwide know that the current basement-level interest rates for home loans are part of the reason. Especially because of the public commitment to hold rates down into the future, other outside influences (like widely fluctuating gas prices)

Rare is the Lewes property owner who doesn’t remember at least one budget-busting maintenance emergency. It may have been a roof problem; perhaps a plumbing or electrical mishap…whatever the cause, unforeseen cratering of the household bank account can furrow brows and send blood pressures soaring.

For the very wealthy, it’s a non-issue. For all the rest of us, there is one foolproof method of avoiding the problem: create an emergency fund.

Everyone does his and her best to save for the future – for everything from the great events in life to more modest occasions, like family vacations. But making a clear distinction between those kinds of savings and a special emergency fund is worth the effort. For one thing, you remove the temptation to reach

Everyone brings their own priorities to the table when checking out the Lewes homes for sale. Some folks drive street-by-street through their favored neighborhoods, eliminating or accepting through that first curb-appeal impression. Others trawl through the web listings, prioritizing by price, or lot size, or by number of bedrooms. Regardless of how they determine which Delaware resort homes for sale get a second look, savvy buyers eventually compare the amount of repair work each will need. They try to think like an inspector. 

This is not to suggest that anyone except an experienced professional will be able to complete a thorough inspection – you need a pro for that. Nevertheless, while you are first comparing properties, putting on your inspector’s

In August, the number of new foreclosures listed nationally barely crept upward -- even as average sale prices leapt dramatically. Realtytrac compiles the numbers, and they show a sizeable 10%+ jump in foreclosure sales prices from July to August. Of course, homes listed as foreclosures and short sales still close at prices markedly lower than homes sold in traditional transactions, but that rise in price seems to say that more buyers are feeling confident that a home purchased now will look like a wise move in the future.

If you have been looking at the distressed property market in the Delaware Resort area, these numbers suggest that the short sale and foreclosure possibilities are still being created -- and that the value they represent is getting a