Delaware Beach Real Estate Market Updates
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04/22/2013 - 05/05/2013
Posted May 5, 2013Please click on this link to view a news article entitled " U.S. rate on 15 year mortgage at record 2.56 percent" by Marcy Gordon, AP Economic Writer. This article was featured in the Sunday News Journal on May 5th. http://townhall.com/news/business/2013/05/02/us-rate-on-15year-mortgage-at-record-256-pct-n1585253 -
04/08/2013 - 04/21/2013
Posted April 21, 2013Please click on the link below to view an interesting news article published on May 1st from the News Journal, entitled "More Evidence Housing Is On Way Back" http://www.delawareonline.com/apps/pbcs.dll/article?AID=2013305010042 Please click on the link below to view our NEW residential listings: http://www.delmls.com/sus/maildoc/vic50yor_1367508100-May-02-2013-11_21_40am.html Please click on the link below to view our new LOT listing: http://www.delmls.com/sus/maildoc/vic50yor_1367508050-May-02-2013-11_20_50am.html If you have any questions, please give me a call. Regards, Vickie -
Market Update 03/25/2013-04/07/2013
Posted April 7, 2013Our showing activity is increasing. If you have any questions, please give me a call. Regards,VIckie -
Market Update 02/25/2013-03/10/2013
Posted March 20, 2013Market continue to be busy - there are still some good 'deals' available. Remember just because the property is a "good price" does not mean it is a good deal! We are still experiencing some issues with appraisals coming in below contract prices. However are are having the best 1st quarter with settlements since 2005. -
Market Update: 02/11/2013 - 02/24/2013
Posted February 24, 2013We continue to be very busy showing property, negotiating contracts and facilitating settlements plus processing our new listings. While working with several buyers, they are still very cautious about buying and they want to be completely comfortable with their decision plus sellers are starting to be less reluctant to negotiate on price. There have been some very positive articles in newspapers and the TV which is encouraging to buyers & sellers. We have some very exciting new listings, so please check out our website at www.BethanysBest.com If you have any questions, please give me a call. Many thanks! Vickie -
Market Update - 1/28/2013 - 2/10/2013
Posted February 10, 2013If you have any questions, please give me a call. Many thanks! Vickie -
Market Update 01/14/2013-01/27/2013
Posted January 27, 2013With 17 pending sales for the 1st quarter we are very encouraged about the real estate market at the beach. Buyers think the prices have stabilized and they want to take advantage of historic low interest rates. Inventory is becoming limited - the time to buy is now!! Homes that are priced competitively & show well are selling! If you have any questions, please give me a call. Many thanks! Vickie -
Market Update 01/01/2013 - 01/13/2013
Posted January 1, 2013In reviewing the settled stats for 2012, it appears that sales for 2012 showed a slight improvement over 2011 by a marginal amount. Please see attached a summary of the sales activity for 2012. Also attached is an interesting article pertaining to the January 2013 Housing Market Report provided by REAL Trends. -
Market Update 12/24/2012 - 12/31/2012
Posted December 31, 2012In reviewing the settled stats for 2012, it appears that sales for 2012 showed a slight improvement over 2011 by a marginal amount . My experience this past year, was that each transaction had issues with financing, appraisals, home inspections or buyer's remorse. The last half of the year, we finally heard some positive news about the real estate market. As a result, the sellers became less willing to negotiate on price, while buyers were still looking for the best deal. Short sales and sheriff sales continued to be a major factor in the marketplace and had a negative impact on market values. New construction remains to offer a great value and some buyers find buying new a very appealing option. We are looking forward to an exciting 2013 with 9 contracts pending to settle in the 1st quarter. Hopefully, is a positive indicator that the Coastal Real Estate market is on the upswing. -
Market Update 12/10/2012-12/23/2012
Posted December 23, 2012We had successful 2012 with over $24 million in settled sales. We are also anticipating an even better 2013 with the continued activity of showings and contracts. Please find attached an interesting news article in reference to coastal real estate surges posted December 30, 2012 in the Sunday News Journal. Many thanks! Vickie