1. Message from Leslie
2. New Listings
3. Price Reducions
4. What's Happening
5. Interest Rates
6. In the News
7. For Your Information

Conforming:
30 year fixed 0 points: 5.625%
15 year fixed 0 points: 5.250%

Jumbo:
30 year fixed 0 points: 6.375%
15 year fixed 0 points: 5.875%

These rates are provided by Jeff Baxter at Prosperity Mortgage and are subject to change without notice. Please contact Jeff directly for current rates at 866-859-6558 (toll-free office), 410-459-2108 (cell phone) or jeff.baxter@wellsfargo.com

http://www.homeloans.com/jeff-baxter

Economy Commentary 1-1-08 by Jeff Baxter
Market Commentary 1-8-08 by Jeff Baxter
Market Commentary 1-14-08 by Jeff Baxter

Stable Existing-Home Sales Expected in Early 2008, then Gradual Rise.
~National Association of Realtors

Local Artists Shooting For The Stars. ~Coastal Point

Fun Shopping Can Be Educational. ~Coastal Point

Bethany Beach has a new Website design.

Bethany Beach Newsletter. ~townofbethanybeach.com (The Daily Times)

Leslie Kopp or Pam Adkins
The Leslie Kopp Group
Long & Foster Realtors, Inc.
33298 South Coastal Highway
Bethany Beach, DE 19930
Office: 800-851-8997
Leslie's Cell: 302-542-3917
Pam's Cell: 302-858-7997

Email:

leslie@bestofbethany.com pam@bestofbethany.com

URL: http://www.bestofbethany.com

And so a new year comes! I hope you had a festive holiday season and that 2008 brings to you and your family all the joys that one could wish.

2007 was a better year for real estate in Bethany than probably all of us expected and certainly better than 2006. There were 123 sold properties in our market for 2007 compared to 107 in 2006, an increase of 15%. I attribute the improvement to the fact that prices dropped steadily through the year and reaching general equilibrium. I will communicate further on today’s price comparisons with previous years in coming weeks.

For me, it was a very good year. I reached $80 million in sales, up from $58 million in 2006. Part of this 38% increase was certainly a result of my increased advertising into the weaker market. Most important, however, were the referrals from so many of you, for which I am deeply appreciative. Thank you.

11 Indian Harbor Villas North Bethany $949,000 This fantastic 4-Bedroom, 2.5-Bath investment property or second home bordering miles of State Park Land is the lowest priced Oceanfront townhome on the market in the Bethany area. This home shows extremely well. Click to view: Fact Sheet | Virtual Tour

21B North Atlantic Avenue Bethany Beach $2,595,000 Superbly designed and furnished like-new home in downtown Bethany only steps to the beach with an expansive floor plan accessible by its own elevator. Truly an impressive 6 Bedroom, 5.5 Bath home with a Family Room and rooftop deck. Click to view: Fact Sheet | Virtual tour

40127 Fenwick Avenue Fenwick Shores, Fenwick Island $1,210,000 This impressive Oceanblock 5 BR with Den, 4.5 BA home was built with exceptional details and finishes, located in an enclave of beautiful homes and steps to a wonderful beach. The floor plan was designed for large beach gatherings. Click to view: Fact Sheet | Virtual tour

40125 Fenwick Avenue Fenwick Shores, Fenwick Island $650,000 The last lot in Fenwick Shores offers a prime Oceanblock building site among five outstanding homes and only steps to the expansive Fenwick Island beach. Click to view: Fact Sheet

36376 Azalea Avenue, Bayside West Fenwick / Selbyville $379,900 This appealing End-Unit 4 Bedroom, 3.5 Bath townhome has a winning floor plan, is beautifully furnished and located in a one-of-a-kind community offering all the charm of small town living. Signature golf course, pools, tennis, community center, shops plus much more! Close to Fenwick Beach. Priced extremely well! Click to view: Fact Sheet | Virtual tour

7 Queen's Quest Fenwick Island $1,495,000 Sensational Oceanfront townhome, beautifully remodeled with panoramic views of the ocean and bay. Just steps to the white sandy beach! Ultimate in oceanfront living in this huge 3 Bedroom, 3.5 Bath, 3 story townhome on the beach. Click to view: Fact Sheet | Virtual Tour

38314 Beachview Drive, Bayville Shores West Fenwick Island $497,500 Launch your kayak from your front lawn or take in the endless unobstructed bay and wetland views from this unique, well decorated, 4 BR, 3.5 BA TH with comm. amenities. Click to view: Fact Sheet | Virtual tour

• January 19, "Nothing is Certain Except Change: Surviving and Thriving in the 2006 Economy"
  
  Organization Presenting Event: Bethany-Fenwick Area Chamber of Commerce
  The Bistro at Bear Trap Dunes Restaurant and Banquet Facility
  Shake off those "winter blues" by dancing the night away! Live entertainment, silent auction, live auction, and much more. Click here for more information.
  
• January 19-20, Nautical & Wildlife Art Festival
  Convention Center, 40th St. & Bay
  
  Shore’s premier nautical & wildlife fine art presentation. Painters, artists & sculptors from 15 states. Admission. Sat., 10 a.m.-5 p.m.; Sun., 10 a.m.-4 p.m. Donald A. Hastings, 410-524-9177. duckmandon@comcast.net.
  
• January 19-20, North American Craft Show
  Convention Center, 40th St. & Bay
  
  Shore’s largest juried craft exposition. Admission. Sat., 10 a.m.- 5 p.m.; Sun., 10 a.m.-4 p.m. Donald A. Hastings, 410-524-9177. duckmandon@comcast.net.
• January 25-27, East Coast Commercial Fishermen’s & Aquaculture Expo
  Convention Center, 40th St. & Bay
  
  Come check out the latest gear, equipment & services related to on & offshore fisheries, as well as all facets of the aquaculture industry. Admission. Fri., 11 a.m.-6 p.m.; Sat., 10 a.m.-6 p.m.; Sun., 10 a.m.-4:30 p.m. Kelly Barnes or Betty Duty, 800-421-9176. www.marylandwatermen.com.

Information on how to be removed from this mailing If you do not want to receive this newsletter in the future, simply email me at leslie@bestofbethany.com with your email address to be removed or send me your request by mail at Long & Foster Realtors, P.O. Box 118, Bethany Beach, DE 19930.