Main Content

The Leslie Kopp Group's

Beach Real Estate Blog

Found 41 blog entries for 2017.

Conventional Loan Limits Increase

by Leslie Kopp

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: https://www.bestofbethany.com/idx/search_form.html

... Read More

October Slowdown, Impressive Year-to-Date Trends

by Leslie Kopp

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. We did experience some slowdown in sales at the beach […]

... Read More

Bear Trap Impressive in 2017

by Leslie Kopp

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. While Bear Trap Sales were up (6 versus 4 in 2016) for October, we did […]

... Read More

End of Summer Surge in Sales Activity

by Leslie Kopp

Our favorite time of year is upon us! Warm ocean breezes and light traffic make for ideal Autumn conditions at the beach. We hope you are able to enjoy some quality time on the Delaware Coast in the coming weeks. Early in 2017, we communicated to you that real estate sales were at levels we […]

... Read More

Bethany Beach: High-End Property Sales Rise, Low Inventory

by Leslie Kopp

We are more than half way through the year and buyer activity has remained strong as sales continue to outpace new listings. In Bethany Beach, 12 single family homes and 18 condo/townhomes went under contract in July. This compares to 9 and 20, respectively, in 2016. As the chart illustrates, from January through July, single […]

... Read More

South Bethany Pace Picks Up, Surge in Lot Sales

by Leslie Kopp

We are more than half way through the year and the beach real estate market continues to trend in a positive direction for property owners. Buyer activity has remained strong and sales continue to outpace new listings. In your community of South Bethany, single family home sales doubled in July as 6 homes went under […]

... Read More

Fenwick Island: Market Conditions Strengthen, Condo/Townhome Sales Surge

by Leslie Kopp

We are more than halfway through the year and overall real estate conditions continue to trend in a positive direction for property owners at the beach. Buyer activity remains strong and sales continue to outpace new listings. As the year-to-date chart illustrates, 12 single family home sales from January through July matched activity in 2016 […]

... Read More

North Bethany: Numbers Do Not Tell the Whole Story, Market Conditions Strong

by Leslie Kopp

The numbers do not tell the whole story. We are more than half way through the year and while the MLS data tells us North Bethany has experienced some decline in sales activity compared to recent years, overall real estate conditions continue to trend in a positive direction. Buyer activity remains strong and sales continue […]

... Read More

Bear Trap: Strong Sales Activity

by Leslie Kopp

We are more than half way through the year and real estate sales continue to surge in Bear Trap Dunes. As the year-to date chart illustrates, new contracts on single family homes and condo/townhome are up 200% and 10% respectively when compared to January through July of last year. It is extremely positive to see […]

... Read More