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- Message from Leslie
- New Listings
- What's Happening
- Interest Rates
- In the News
- For Your Information
Conforming:
30 year fixed 0 points: 6.000%
15 year fixed 0 points: 5.625%
Jumbo:
30 year fixed 0 points: 6.750%
30 year fixed 1 point: 6.250%
15 year fixed 0 points: 6.250%
15 year fixed 1 point: 6.000%
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
Mortgage Market in Review 4/21/08
Economic Commentary 4/22/08
Mortgage Market in Review 4/28/08
Economic Commentary 4/29/08
Existing-Home Sales Slip in March. ~National Association of Realtors
Bethany Planners Complete Code Review. ~Coastal Point
Bethany Officials Consider Changes. ~Delaware Wave
FOSCL And Friends Celebrate Library Groundbreaking. ~Coastal Point
Rhodes A Familiar Face In Bethany. ~Coastal Point
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 |
LESLIE KOPP
Cell: 302-542-3917
Email: leslie@bestofbethany.com
PAM ADKINS
Cell: 302-858-7997
Email: pam@bestofbethany.com
I’m sounding like an economist……."But on the other hand…"
Year-to-date single family homes under contract through April 28 were 28 compared to 38 in 2007, down 26%. While disturbing, those numbers don’t tell the complete picture. Numbers for the first two months compared to the next two may be sending a different message. In 2008 through February 29, there were only 9 that went under contract compared with 19 in March and April. In 2007, the trends were reversed, 21 in the first two months and 17 in March and April. Could this be signaling the start of a recovery? I don’t know but am encouraged by my three contracts over the weekend yet to hit the MLS.
If a recovery is beginning downward price pressure should also ease. Here the signals are also mixed. The number of price reductions were only about 10% less than last year. However, the percentage reductions did drop. In 2007, 60% of the price drops exceeded 5% compared to 48% this year. Furthermore, price reductions of over 10% were cut in half.
So where are we? If forced to choose, I come down on the side that we are seeing a sales recovery in the market. How sustained it will be is hard to say, given all the economic doom and gloom we hear every day. One thing I do believe is that today’s buyers will be very happy in two or three years.
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39623 Seacolt Lane North Bethany $8,600,000 Once in a lifetime opportunity! Unsurpassed views of your own private beach in affluent North Bethany from this 8 BR 7.5 BA ocean front estate on 2 acres with land for a pool, outdoor kitchen and tennis. Click to view: Fact Sheet | Virtual Tour |
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207 Central Boulevard Bethany Beach $1,699,0000 Known for its Red Roof, this lovely Oceanside 5 BR, 3.5 BA home is situated in the town of Bethany in a unique location on the Loop Canal. Convenient to the beach, restaurants and shops. Click to view: Fact Sheet |
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403 Gibson Street Bethany Beach $985,000 This bright and cheerful 5 BR, 4 BA beach home reflects a casual seaside lifestyle. Enjoy multiple decks and porches, a cozy fireplace, hardwood floors and a home that is furnished with a coastal flair and is situated approximately 4 blocks to the beach and the charming town of Bethany. Click to view: Fact Sheet | Virtual Tour |
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Lot 21 (971) Hawksbill Street, Turtle Walk Bethany Beach $225,000 Charming and landscaped high elevation lot (60' x 121') with mature trees. This is the lowest priced lot available in Bethany Beach. Click to view: Fact Sheet |
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10 Topsail Court, The Salt Pond Bethany Beach $489,000 Impeccable 4 BR 3.5 BA townhome in a tranquil setting overlooking pond and 15th green. Located close to ocean with comm. golf, tennis, exercise rm., kayak and pools. Click to view: Fact Sheet | Virtual Tour |
- May 1-4
Springfest
Inlet Parking Area
Start the summer season enjoying live entertainment including local, regional & nationally known favorites on two stages, 184 crafters in huge tents, & food vendors of every variety. Entertainment is free with the exception of ticketed evening shows which include Beatlemania Again, Thursday at 8 p.m.; Emerson Drive, Friday at 8 p.m.; Three Dog Night, Saturday at 8 p.m. Tickets available at the Convention Center Box Office, Mon.- Fri., 9 a.m.- 4 p.m., ticketmaster.com. or 800-551-7328. Springfest hours, Thurs.-Sat., 10 a.m.- 10 p.m.; Sunday, 10 a.m.-6 p.m. Accommodations & Information: 800-OC-OCEAN (800-626-2326).
Free parking is available at the West Ocean City Park & Ride. Park free & ride shuttle bus to Springfest for $1.
- May 2-3
Festivals of Music
Convention Center, 40th St. & Bay
Music festival for middle, junior & high school instrumental & choral organizations. Instrumental & choral performances, Fri., 8 a.m.-8 p.m. Parade on Boardwalk, Sat., 9 a.m. Kathy Bird, 610-327-3050. www.festivalsofmusic.com.
- May 2-3, 2008 - Mela-No-More Fundraiser
Annual Fundraising weekend in Dewey Beach to benefit the Melanoma Research Foundation. Premier event at NorthBeach, Dewey May 3rd, 4 to 8 live/silent auction. For more information call 908-581-4110 or visit http://www.mela-no-more.org
- May 3, 2008 - The Unitarian Universalists Arts and Handcraft Show
The Unitarian Universalists Arts and Handcraft Show will be on Saturday, May 3rd at 33739 Marsh Road #2 Lewes, DE. All items displayed are made by the artisans participating. The show hours are from 10AM to 4PM. Refreshments will be available for sale. There is no admission for the public. We are still accepting applications for artisans for the Spring and Holiday show on December 6th. For vendor information please contact uusdartshow@comcast.net or call Amy or Barbara at 302-430-2470.
- May 3-4, 2008 - PUTT PUTT FOR A CURE
Join us for a round of miniature golf at Jungle Jim's Adventure World to benefit the American Cancer Society's Relay For Life. For more info visit http://www.puttputtforacure.com
- May 4, 2008 - Clear Space Chorus - A Grand Night For Singing!
The Clear Space Chorus presents an afternoon of the music of Hollywood! The 60-voice chorus will be joined by local professional soloists in concert. For more info visit
- May 10, 2008 - 15th Annual Spring Surf-fishing Tournament
North of the Inlet through Fenwick Hundreds of anglers line the beaches competing for thousands of dollars in cash and prizes, and hoping to hook the state record-breaking bluefish and reel in $25,000!
