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: 6.500%
15 year fixed 0 points: 6.125%

Jumbo:
30 year fixed 0 points: 8.500%
15 year fixed 0 points: 7.125%

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@prosperitymortgage.com

http://www.sjbaxter.com

Visit Jeff's Blog
Jeff's Newsletter

NAR President's Report. ~National Association of Realtors

Existing Home Sales Slip in January as Some Potential Buyers Wait on Sidelines. ~National Association of Realtors

Maryland Real Estate Powerhouse brings skills to Bethany Long & Foster. ~Coastal Point

Indian River Inlet Construction Update ~Coastal Point

Second Time a Charm for House Pets. ~Delaware Wave

The Way We Were. A look at small-town Dagsboro ~Delaware Wave

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

Sales were few and far between in the first two months of 2008. Eleven properties went under contract compared to twenty-four last year. Not a good start by any measure. Given the increasingly realistic pricing we are seeing, however, I would expect things to pick up as the weather improves. New listings are also growing and I will analyze available inventory by location in a future postcard.

Visitors to our beaches this year will hardly believe the changes. Our new dune provides long-needed protection from coastal storms and brings with it 150-250 feet of beautiful beach. When you stand at the oceanfront in South Bethany, the vista has changed so dramatically it is almost unbelievable. South Bethany's canals are being dredged as we go to print. Bethany has approved widening the boardwalk from the current 12 feet to 20, subject only to DNREC's final say.

Taken together, our towns and our state have taken the action it needed to protect what our community holds dear. While it won't change the market in the near term, prospective buyers will like what they see.

1 Collins Avenue Dewey Beach $3,100,000 Quaint Oceanfront cottage protected by a mature native dune. This prime corner lot (120' x 62.5') offers an excellent building site for your dream home and close proximity to fine dining. Click to view: Fact Sheet

312 Maryland Avenue Bethany Beach $599,000 Darling Light and cheerful 3-BR, 2-BA home on the Bethany Loop canal and only 2.5 blocks to the beach in the heart of town. Click to view: Fact Sheet | Virtual tour

8 Foreside Court Ocean View $1,625,000 Exceptional quality and finishes planned to perfection in this sophisticated, coastal, waterfront, 4 BR, 3.5 BA home with Den. Expansive water views and private boat pier. Owner/Agent. Click to view: Fact Sheet | Virtual tour

16 South Shore, South Shore Marina North Bethany $1,495,000 Expansive water and wetland views from this remarkably spacious 6 BR, 5-Full and 2-Half Bath bayside home with all the amenities for entertaining on a Grande scale. Family Room, Exercise Room, Community pool and tennis and a marina just across the street. Click to view: Fact Sheet | Virtual Tour

129 Neptune Drive, Ocean Farms Frankford/Ocean View $395,000 This former model home in pristine condition and being sold furnished is a must see with an open floor plan, eat-in Kitchen and window-lined Florida Room. This 4 BR, 3 BA home is absolutely charming. Click to view: Fact Sheet | Virtual tour

431 Tamarack Court, Cat Hill South Bethany $499,000 This cute 3 Bedroom, 2.5 Bath beach cottage tucked away on a quiet cul-de-sac in a popular area of South Bethany has been newly appointed with carpet and paint, appliances and more! Multiple patios, screened porch, gas fireplace and garage are features worth mentioning. Click to view: Fact Sheet | Virtual tour

311 W. 3rd Street South Bethany $1,189,000 Completely remodeled with superior detail, this high-end waterfront 4 Bedroom, 3 Bath home with dock is sited on a premium lot with captivating views of Jefferson Creek. Ideally designed for spacious living including large family room, den with wet bar, custom kitchen and more. $1,189,000. Click to view: Fact Sheet | Virtual Tour Coming Soon

31722 South Seaview Drive, Seabreak North Bethany $1,575,000 Delightful 5 BR, 3 BA beach home with lots of windows, vaulted tongue and grove ceilings, spacious decking and views of the Salt Pond. This popular neighborhood in North Bethany offers easy access into the town of Bethany and a life guarded beach. A true gem. Click to view: Fact Sheet | Virtual Tour

• March 8-9, Ocean City Hot Rod & Custom Car Show
  Convention Center, 40th St. & Bay
  
  Premier indoor car show featuring exotic customs, classics, street machines & muscle cars along with special feature attractions, entertainment, vendors & more. Admission. Sat., 10 a.m.- 8 p.m.; Sun., 10 a.m.- 4 p.m. Jack Hennen, 410-798-6304.
  
• March 14-16, Home Condo & Garden Show & Art & Craft Fair
  Convention Center, 40th St. & Bay
  
  Fresh ideas on decorating, remodeling, accessorizing or building your home all under one roof. Over 200 exhibitors display new products & services for home & garden, complemented by artists showcasing their most creative crafts & gift items. Admission. Fri., noon-7 p.m.; Sat., 10 a.m.- 7 p.m.; Sun., 10 a.m.- 4 p.m. Mike Wicklein/Starr George.
  
• March 15, St. Patrick's Day Parade & Festival
  60th St. south to 44th St.
  
  Annual parade & festival celebrates the wearin the green. An Ocean City tradition with over 100 entrants including marching bands, floats, law enforcement groups & more. Followed by entertainment, food & beverages at festival. Saturday. Festival, 10 a.m.- 4 p.m., parade at noon. buck@ocmannproperties.com. Buck Mann, 410-289-6156.
  
• March 21-23, Easter Art & Craft Fair
  Convention Center, 40th St. & Bay
  
  Over 100 exhibitors displaying unique hand-crafted items including wearable art, jewelry, lawn & garden decor, toys, florals, fine art, caricature & more. Admission includes Easter Kids Fair. Fri., 11-5 p.m.; Sat., 10 a.m.-5 p.m.; Sun., 10 a.m.-3 p.m. Mike Wicklein/Starr George.
  
• March 21-23, Easter Kids Fair
  Convention Center, 40th St. & Bay
  
  Continuous events, activities & entertainment including Beanny the Easter Bunny, egg hunts, coloring tables, magic & puppet shows, clowns, sand art, dancing, games, contests & more. Admission includes art & crafts fair. Fri., 11-5 p.m.; Sat., 10 a.m.-5 p.m.; Sun., 10 a.m.- 3 p.m. Mike Wicklein/Starr George.
  

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.