November 2017

Found 5 blog entries for November 2017.

Holiday Happenings in Bethany Beach

The first three Saturdays in December will bring the Bandstand back to life!  Gather with friends and family to spread some holiday cheer around the tree with performances by a different group each week.  We encourage you to bring hats, gloves, scarves, and canned goods to be donated to local charities. 

     December 2:  The Christmas Carolers

     December 9th:  The Mariner's Bethel Praise Band

     December 16th:  The Southern Delaware School of the Arts Show Choir

 

Tree Lighting in Bethany Beach

 

Visit the town's website for additional details: https://www.townofbethanybeach.com/367/Holiday-Happenings

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The Federal Housing Finance Agency (FHFA) has announced the 2018 Conventional Loan limits.

 For Sussex County, DE, the new loan limit is going from $ 424,100 to $ 453,100. 

 Loans with the new limits may close on or after 12/11/17. 

Search for your new home in Delaware:  http://www.bestofbethany.com/idx/search_form.html

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Year-to-date, 2017 has been exceptional for property owners! As the snapshot below illustrates, the Bethany Beach and Fenwick Island market is trending in a favorable direction when compared to the first 10 months of 2016 for 5 major market indicators.

Bethany Beach Real Estate Sales Statistics November 2017


We did experience some slowdown in sales at the beach in late September that continued into October for both single family and condo/townhomes. Limited inventory is a big contributing factor. Additionally, the impending tax reform could have some buyers on pause until there is less uncertainty surrounding our future tax structure. We will know more in the coming months, but this is something to watch.

We would like to wish you and your loved ones a safe and joyful Thanksgiving!

Leslie Kopp

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Year-to-date, 2017 has been exceptional for property owners in Bear Trap Dunes! As the snapshot illustrates, the Bear Trap market is trending in a favorable direction when compared to the first 10 months of 2016 for 5 major market indicators.

Bear Trap Dunes Real Estate Statistics November 2017

While Bear Trap Sales were up (6 versus 4 in 2016) for October, we did experience some slowing in the greater Bethany-Ocean View area in late September that continued into October. Limited inventory is a big factor. Additionally, the impending tax reform could have some buyers on pause until there is less uncertainty surrounding our future tax structure. We will know more in the coming months, but this is something to watch.      

We are grateful to you always and together with our Bear Trap Specialists,

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Year-to-date, 2017 has been exceptional for property owners! As the snapshot illustrates, the Ocean View real estate market is trending in a favorable direction when compared to the first 10 months of 2016. Prices are flat and all other major indicators show a strengthening market.

Ocean View Delaware Real Estate Sales through October 2017

We did experience some slowdown in sales at the beach in late September that continued into October for both single family and condo/townhomes. Limited inventory is a big contributing factor. Additionally, the impending tax reform could have some buyers on pause until there is less uncertainty surrounding our future tax structure. We will know more in the coming months, but this is something to watch.


We are grateful to you always and would like to wish you and your

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