Rehoboth Beach Real Estate Blog - value

A Look into Rehoboth Beach Condos and Future Value

Posted by Bill Mann on December 13th, 2012

Condominiums 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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Right Answers for Avoiding Wrong Contractors

Posted by Bill Mann on December 2nd, 2012

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…

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Remembering Rehoboth Beach Homes’ Long-Term Value

Posted by Bill Mann on December 1st, 2012

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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