Found 27 blog entries tagged as rehoboth beach.

Rehoboth Christmas memorialWhen you visit any of the properties for sale in Rehoboth Beach this time of year, it’s likely you will notice a little extra sparkle.

The holiday touches may be variations on the icy blue-and-white color palette -- or dashes of silver brightening the traditional red-and-green decorations. If you’ve been reading the home décor magazines, you know how the leading trends this winter are all about glitz and glam: designer touches meant to brighten even the darkest winter day (remember, this year’s shortest day -- December 21 – is right around the corner!). Still, I always suspect that a little nostalgic holiday warmth can add the same kind of welcoming touch…without breaking the piggy bank!

If you are planning to join those with Rehoboth Beach properties for…

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Shopping for a homeOne of the effects of the steady national rise in home prices is a shift in attitude by previously cautious consumers. It’s only natural to find more people focused on buying homes in Rehoboth Beach while it is still relatively inexpensive to do so.

Homeowners who are listing their own Coastal Delaware properties this winter are well advised to be mindful of those and other considerations bound to be motivating prospective customers. Buying homes – especially homes in a faraway locale – gives rise to many concerns. Positioning the way a home is marketed to anticipate those concerns can mean a sale to an out-of-town buyer on a Coastal Delaware home-hunting trip.

Some of the questions out-of-towners are likely to be thinking about:

What are the…

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Rehoboth Beach CondosCondominiums in Rehoboth Beach continue to offer unique attractions for all kinds of homebuyers -- not least because of their often ultra-competitive price points. Nationally, condos continue to be real bargains -- statistics show them to continue to underperform the rest of the housing market, which translates into a tempting value proposition to home hunters with economy on their minds.

That local condos for sale may still offer top-notch value is, historically speaking, not a surprise. Often, condos are the first part of the market to register price drops (and slower than other segments to recover). The NAR confirms the national trend, with existing single-family home prices rising 10.2% from a year earlier, while existing condos’ and co-ops’ rose a…

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When you search through the latest listings of Rehoboth Beach homes, you first find those that fit your top-line needs. Then you winnow down that list. Some of the candidates will seem more appealing than others; and some will seem to be over- or underpriced.

Before making a final judgment on which homes bear a closer look, the most successful homebuyers also factor in qualities that may not be at the top of their own personal priorities list, yet which make a difference to the majority of homebuyers. In other words, they keep in mind the most important qualities that add value in market terms – that add investment value to homes that are principally your personal residential choice. Some of the more important ones:

  • Location has a huge impact on a…

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The recent annual National Association of Realtors® get-together opened with a grand gathering to hear what some economics heavyweights would say about coming conditions in the country.

You could hear a pin drop through most of it – despite the huge size of the auditorium. Our Rehoboth Beach real estate market is never in total lockstep with the national picture – but it certainly is affected by it. Economists are forced to play a guessing game, but the best are pretty good at it.

Wells Fargo’s senior economist Mark Vintner had good news and bad news. For those who have Rehoboth Beach real estate already in their ‘owned’ portfolio, despite the downturn of recent years, he thinks they own one of the few top-notch inflation-proof investments. “Real…

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Rehoboth Beach REO (Real Estate Owned by a lender) houses have been a substantial part of the real estate conversation for some time.  Whether or not we ever need to delve into an REO transaction ourselves, well-informed local homeowners are familiar with some of the basic terms that come up when REOs are discussed:

  • Arrears: a home that is delinquent on payments – being there is red flags a possible future foreclosure.
  • Decree (short for decree of foreclosure): the ruling that declares a property should be sold to pay its mortgage.
  • Default property: a home behind in payments to a mortgager. May describe a property in (or close to going into) actual foreclosure proceedings.
  • Power of Sale: a legal decree giving the mortgager or lien holder the…

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The other day I was with a client -- together we were going over some of our Rehoboth Beach listings. She had emailed me a few possibilities that had caught her eye, and from that I had earmarked some others that shared features with her original picks.

We take it for granted at this point, but digitized listings have to be the greatest of all the advances technology has brought to real estate. For both prospective Delaware Beach homebuyers and sellers, the ease and efficiency that has resulted puts past practices back there with horses and buggies. 

There are some unintended side effects, too (isn’t it always so?)

The way the search features work, future home owners find themselves thinking objectively much sooner than they used to. In order to…

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When you want to sell your house, you want it to bring in top dollar. That means you want to find a REALTOR® in the Rehoboth Beach area who has the characteristics of a top performer. He or she may or may not have last month’s highest sales volume, may or may not have page after page of onscreen MLS listings. However, there are characteristics you can look for that are bound to point to the best candidate to represent your home in your neighborhood.

1) Understanding You: the Client:

I agree with REALTOR® Magazine: "One of the strongest ways to increase likability and foster a connection is to demonstrate that [the REALTOR®] understands someone else's needs, and is happy to help fulfill them.”

A great REALTOR® is inherently a great salesperson, and…

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Whether you are in the process of buying an income property this fall or are already an owner, your decision about whether to work with a Rehoboth Beach property manager is pivotal. When you lack the time or capacity to effectively manage your investment, hiring a professional property manager is certainly the right business move. But suppose you have already decided that you will use a pro – does that solve all management issues for your investment? If you have chosen well, the answer may be almost ‘yes’ – but not quite. As you would with any service provider, keeping tabs on their performance is simply prudent.

The happy truth is that managing your Rehoboth Beach property manager will not command a large amount of your attention: a little will go a…

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One of the key factors serious buyers eye when appraising foreclosed homes for sale in the Rehoboth Beach real estate market is condition – the shape those properties have been left in. The Federal Housing Administration has weighed in with a program that can materially affect how that condition – good or bad – will finally affect the bottom line: it’s known as the FHA 203 (k).

If you are among those currently looking at Rehoboth Beach foreclosed homes for sale, the 203(k) can make a big difference.  Here are some points that might influence your decision:

First in line is whether the program is applicable. HUD tells us that for a local property to be eligible, it must be a one- to four-family dwelling that has been completed for at least one year.…

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