January, 2024 RSS Icon
Found 11 entries for January, 2024.

Credit to Katie Kazimir with Delaware Live

Army Corps updates beach replenishment timeline, sand totals | Cape Gazette
Cape Gazette

The Department of Natural Resources is developing counsel for local governments to aid in funding the cost for beach replenishment.   DNREC has stated that as erosion intensifies, the process of beach replenishment, which typically entails extracting sand from deeper offshore areas, may require more frequent repetition in order to restore beaches and safeguard infrastructure such as roads, bridges, and buildings.  Currently, costs are funded by both the state and federal government.  As of now Delaware allocates 1% of the state lodging tax towards replenishment projects. DNREC anticipates a budget of $4.1 million for the 2024 fiscal year, concluding on June 30th. This year, it is anticipated

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US Wind has provided the Delaware A.C.T with a package of community benefits regarding the wind turbine projects for Coastal Delaware residents of Henlopen Acres, Rehoboth Beach, Dewey Beach, Bethany Beach, and South Bethany.  Fenwick Island Mayor Natalie Magdeburger issued a statement in which the Town "declined to be involved with hiring a consultant to negotiate a community benefits package with the wind farm companies."

It is stated in the community benefits that each of the five towns would received $2 million over period of 20 years, which would be paid in $100,000 increments.  Each town would receive $100,00 on the anniversary date for a period of 18 years. In return, towns would have to agree not to take any steps to impede or delay this

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Happy New Year!  We hope you and your family had a safe and healthy holiday season.  As we look back on the 2023 real estate market, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. There was some rise in activity later in the year and we are hopeful this positive momentum carries into 2024.  

In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news has us optimistic about the year ahead for real estate in Bear Trap Dunes.  If you

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Happy New Year!  We hope you and your family had a safe and healthy holiday season.  As we look back on the 2023 real estate market for Bayside, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. Sales picked up in the Fall and we are hopeful this positive momentum carries into 2024.  

In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news has us optimistic about the year ahead for Bayside real estate.  Our Bayside Experts, Wayne

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Happy New Year!  We hope you and your family had a safe and healthy holiday season.  As we look back on the 2023 beach real estate market, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. Sales picked up in the Fall and the positive momentum carried through the end of the year.  

In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news has us optimistic about the year ahead for Ocean View Real Estate!  If you have any questions,

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Happy New Year!  We hope you and your family had a safe and healthy holiday season.  As we look back on the 2023 beach real estate market, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. Sales picked up some in August and the positive momentum carried through the end of the year.  

In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news has us optimistic about the year ahead for Sea Colony Real Estate!  If we can be of assistance,

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We know many of you think summer when you hear Bethany Beach, but there is plenty for residents and visitors in Bethany Beach and the surrounding coastal towns to do year-round.   Coming up at the end of January is the annual Fire & Ice Festival, and this year's selected theme is "Into the Wild".   Some highlights are ice sculptures and live carving demonstrations, a s’mores bonfire on the beach, and fireworks.  This winter festival has events taking place in Bethany Beach, Ocean View, Millville and Frankford.  If you are a homeowner, we know this event is a great reason to be in town, whether it be Bethany Beach or the nearby towns.  If you are looking for a beach property of your own, this would be a great weekend to mix in some fun while seeing homes

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Happy New Year!  We hope you and your family had a safe and healthy holiday season.  As we look back on the 2023 beach real estate market, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. Sales picked up some in August and the positive momentum carried through the end of the year.  

In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news has us optimistic about the year ahead for Fenwick Island Real Estate!  If you have any

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Happy New Year!  We hope you and your family had a safe and healthy holiday season.  As we look back on the 2023 beach real estate market, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. Sales picked up some in August and the positive momentum carried through the end of the year.  

In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news has us optimistic about the year ahead for South Bethany Real Estate!  If you have any

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Happy New Year!  We hope you and your family had a safe and healthy holiday season.  As we look back on the 2023 beach real estate market, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. Sales picked up some in August and the positive momentum carried through the end of the year.  

In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news has us optimistic about the year ahead for Bethany Beach Real Estate.  If you have any

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