I'm a news junkie and CNBC, CNN or NPR is always my background. I get really angry when I hear the talking heads spout the doom and gloom with such certainty. What real estate market are they talking about? Not the local market here in Coastal Delaware. All real estate is local! I am so busy I cannot keep up with all of the new people contacting me about relocating to Coastal Delaware. I am one of those people who believes that an immediate response is the only good response, but unless I can clone myself, I just can't do it!
Here are some facts:
- Sussex County sales were up 20% in July/August compared to the same time last year
- Baby Boomers will be retiring for the next 10-20 years and they are moving to Coastal Delaware from New York, New Jersey, Pennsylvania, Maryland, Virginia, DC, and even Connecticut, Rhode Island and other Northeastern states.
- In August 2010, Schell Brothers, our most successful local builder, just tied their best sales month ever! As other builders have abandoned projects, they have taken over several communities.
Schell Brothers had the financial strength to build the clubhouse and other amenities at Independence, their Active Adult Community, much earlier than anticipated. An open clubhouse is helping sales compared to communities that can only "promise a clubhouse that some buyers fear may never be built". The ballroom and lounge area of the clubhouse is rented to the public for special occasions like wedding receptions - a great way to offset HOA fees while the community is being built.
There are some very special incentives right now as they finish the section now under construction. Combine that with historically low interest rates and NOW is the time to make your move. Remember, when everyone realizes that, the incentives will be history.
If you have thought - Independence is the right community for me, please get in touch with me and let me help you compare what Indy is offering to our other active adult communities and see which one is right for you. Don't delay - these next few weeks are very good for our clients. Contact Me for more great news.