Who bought homes in Milton, Delaware in 2008? There are new residentswho moved from New Jersey, Maryland, Pennsylvania and other states. They are attracted to the small town atmosphere, the location and the choice of both new homes and historic homes. Some of the nicest homes right in town howeverwere bought by locals who moved here from [...]
At a recent Lewes Chamber meeting, I had a chance to talk with Alex Pires, the owner of Highway One. For those of you who are not yet familiar with Coastal Delaware, Alex is Chairman of the Board and one of the founders of Community Bank. He is also the owner of Jimmy's Grille in Bridgeville and owns the large parcel of land across the [...]
The Buyers and their agents were everywhere the weekend of January 19, 2009. Was that the beginning of the recovery?
Despite the rather cold and cloudy weather, there was a full house everywhere we went. At one point that weekend, I was at Nassau Grove, Independence and Bay Crossing. The good news is that all three were busy and there was an [...]
Before Active Adult communities, what did people do when they retired? Some went fishing or discovered artistic talents and began painting. Others indulged a passion for gardening or relaxed with a good [...]
If the only reason you are thinking of a move islowertaxes, think again.Over the years of raising a family andadvancing careers, taxes that go up every few years are overlooked. But,as we get ready for retirement or a change in career, concern about cost of livingmoves up the list. All of a sudden, the idea of moving away from the [...]
Are lower taxes enough of a reason to relocate? Maybe not, but it can be the main motivating factor for many Boomers who are preparing for retirement. If you live in New Jersey, a state with one of the highest sales taxes or New York, one of the 5 least tax-friendly states, Delaware is worth a look. Delaware ranks a low 47th when [...]
Low Interest Rates plus Inventory = Buyer Opportunity
The good news for buyers keeps getting better. Today we learn that the interest rate could drop even further for home buyers. The rate being discussed, as low as 4.5%, would only apply to home purchases, not refinancing an existing home. We don't know much more than that, but we do know [...]
This has been a slow year for sales at Heritage Shores. Of course, it has been a slow year for sales everywhere when compared to 2005 when the first homes were sold and occupied in this community. Even compared to 2007, when there were 77 homes sold at Heritage Shores, 2008 has provided a great opportunity for [...]
Last year the woodworking shop opened at the Heritage Shores Club. Im told it has every imaginable tool so we should expect to see some wonderful pieces on display at residents homes. To help hone their skills, Del Tech is offering a wood carving class at the clubhouse for Heritage Shores residents [...]
