Found 3 blog entries tagged as Southern Delaware.

Sussex County Real EstateThe Sussex County Association of REALTORS® (SCAOR) released 1st quarter sales numbers last week that show a continuously strengthening real estate market in Delaware’s southernmost county. Stronger than even 2012, the data is the latest in a series of strong reports.

“For the past several quarters, we know that our local markets here in Sussex County were being driven by enticing buying opportunities, which were caused by burgeoning inventories,” says Bob McVey, 2013 president of SCAOR. “But what we’re seeing now is shrinking inventories, but strengthening home prices and home sales due to an increased optimism nationwide in regards to the American economy. The Federal Reserve keeping interest rates low is obviously helping as well, as buyers can get a…

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Retirement Living in Southern DelawareAs you near the end of a long and profitable employment, you should be looking forward to enjoying the fruits of your labor in retirement. But where you retire makes a huge difference in how much is left for you to enjoy.

That’s why you owe it to yourself to look at Coastal Delaware, which has a tax system structured with “NO,” as in:

  • NO sales tax
  • NO personal property tax
  • NO inheritance tax, just for starters.

Tom Brokaw Reports that Rehoboth Beach, Delaware, is one of the top retirement destinations in the country not only because of its retiree-friendly economics, but because of the natural beauty of the coast and abundant entertainment: “The beaches feature dolphins throughout the summer months, a mile-long boardwalk and more than 70…

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Rebound of Southern Delaware Real Estate MarketThe Sussex County Association of REALTORS® (SCAOR) released numbers recently that prove what public perception has held to be true for several months now – real estate is on the rise, in southern Delaware and across the country.

Year end totals for 2012 show a 14 percent increase in sales over the previous year, with more than 4,000 real estate transactions taking place in Sussex County during the calendar year. That equates to nearly 11 sales every single day of 2012.

Additionally, the average single-family home in Sussex County sold for $327,122 last year, up 9 percent over 2011.

“We’ve known for some time that our real estate markets in southern Delaware were on the rebound, but it’s nice to see that confirmed in actual data,” says Bob McVey, the…

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