Happy New Year! As we reflect on 2022, you might recall that the surge in real estate activity we felt in 2020 and 2021 carried into the first quarter of 2022 and then slowed in the second quarter. There was moderate activity in the second half of the year. However, rising interest rates coupled with the continuation of extremely low inventory contributed to a slowdown in both sales and appreciation later in the year. While there is still plenty of uncertainty about what the state of the economy means for real estate in the short term, we are enthusiastic about the year ahead!

We are grateful to have had the opportunity to represent more buyers and sellers in Ocean View than any other agent or group during 2022. Please call us if we can be of

Happy New Year! As we reflect on 2022, you might recall that the surge in real estate activity we felt in 2020 and 2021 carried into the first quarter of 2022 and then slowed in the second quarter. There was moderate activity in the second half of the year. However, rising interest rates coupled with the continuation of low inventory contributed to a slowdown in both sales and appreciation later in the year. While there is still plenty of uncertainty about what the state of the economy means for real estate in the short term, we are enthusiastic about the year ahead! Inventory remains at historically low levels which means that it is still an opportune time to capitalize as a seller.  

In 2022, we were fortunate to participate in more than 30% of

Happy New Year! As we reflect on 2022, you might recall that the surge in real estate activity we felt in 2020 and 2021 carried into the first quarter of 2022 and then slowed in the second quarter. There was moderate activity in the second half of the year. However, rising interest rates coupled with the continuation of low inventory contributed to a slowdown in both sales and appreciation later in the year. While there is still plenty of uncertainty about what the state of the economy means for real estate in the short term, we are enthusiastic about the year ahead!   

In 2022, we were fortunate to participate in 30% of sales in the Bethany-Fenwick area, representing the buyer, seller or both parties. Properties listed with our group sold faster

Happy New Year! As we reflect on 2022, you might recall that the surge in real estate activity we felt in 2020 and 2021 carried into the first quarter of 2022 and then slowed in the second quarter. There was moderate activity in the second half of the year. However, rising interest rates coupled with the continuation of extremely low inventory contributed to a slowdown in both sales and appreciation later in the year.  While there is still plenty of uncertainty about what the state of the economy means for real estate in the short term, we are enthusiastic about the year ahead!

In 2022, we were fortunate to participate in 41% of sales in South Bethany, representing the buyer, seller or both parties. If you are considering a sale or looking to

Happy New Year! As we reflect on 2022, you might recall that the surge in real estate activity we felt in 2020 and 2021 carried into the first quarter of 2022 and then slowed in the second quarter. There was moderate activity in the second half of the year. However, rising interest rates coupled with the continuation of extremely low inventory contributed to a slowdown in both sales and appreciation later in the year.  While there is still plenty of uncertainty about what the state of the economy means for real estate in the short term, we are enthusiastic about the year ahead!

In 2022, we were fortunate to participate in 49% of sales in North Bethany, representing the buyer, seller or both parties. If you are considering a sale or looking to

Happy New Year! As we reflect on 2022, you might recall that the surge in real estate activity we felt in 2020 and 2021 carried into the first quarter of 2022 and then slowed in the second quarter. There was moderate activity in the second half of the year. However, rising interest rates coupled with the continuation of low inventory contributed to a slowdown in both sales and appreciation later in the year. While there is still plenty of uncertainty about what the state of the economy means for real estate in the short term, we are enthusiastic about the year ahead!

In 2022, we were fortunate to participate in 30% of sales in the Bethany-Fenwick area, representing the buyer, seller or both parties. If you are considering a sale or looking to

The South Bethany Town Council has allocated $50,000 in funding for the removal of algae blooms from the town’s canals. The proposed cleanup project would take place in April and May of 2023 by the Delaware Department of Natural Resources and Environmental Control (DNREC). However, if DNREC is unable to complete the work, then the back-up plan is to negotiate a contract with Solitude Lake Management. The Town's Public Works Department would also provide resources to assist with the project. The algae blooms would be relocated to a state park such as the Salt Pond or Fresh Pond near the Fred Hudson Road, subject to DNREC approval.

For additional information, please view the full Coastal Point article here.

The Delaware Department of Natural Resources and Environmental Control (DNREC) recently announced a $4.685 million project to dredge the main channel of White Creek and a short stretch of the Assawoman Canal northwest of Bethany Beach.  The DNREC project will remove approximately 70,000 cubic yards of sediment, which has built up over the years, to improve boating safety and navigation along the waterways. The sediment that is removed will be recycled and used to restore the salt marsh in the Assawoman Wildlife Area.

Work will begin in January 2023 and is expected to be completed by March 31, 2023.

For further information, please click here. 

The 2023 Leo Brady New Year's Day Plunge will be held in Bethany Beach on Sunday, January 1st, 2023 at 12 noon and will benefit the William O. Murray Scholarship Fund.

On-site registration will be held on Saturday, December 31st at the Bethany Boathouse, or participants may preregister online through December 27th 2022 at https://bethanyfenwick.chambermaster.com/eventregistration/register/24189.

Please visit the event website for all the details!

The Quite Resorts will celebrate the 2023 Fire & Ice Festival on January 27th through January 29th in the southern Delaware towns of Bethany Beach, Ocean View and Millville. The 6th annual festival will feature movie-themed ice sculptures in downtown Bethany Beach, bonfires, live music, fireworks, a chili cook-off and a tasting tour. These are just a few of the fun activities to be enjoyed throughout the weekend.  For further information and details, please click here.

Photo credit: https://fireandicede.com/