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Dewey Beach DE 19971 Real
Estate Realtor and Homes for Sale in Sussex
County
Dustin & Mariya Oldfather are
dedicated realtors who have a passion for Dewey
Beach DE 19971 coastal living. They love the
tranquility of being near the water, and
appreciate the many amenities found in this
unique paradise. This is why they have dedicated
their lives to helping other find their
beachfront home.
Whether you are looking for Delaware beach real
estate, waterfront property, rental properties,
condos, land, investment properties, or a new
home
for sale in Bethany DE, we can help. When
you’re ready to Experience Extraordinary Coastal
Living, turn to us for the knowledge and
enthusiasm necessary to achieve your ultimate
goals and assist with your
relocation.
Did you know?
While not as extreme as spring-break
locales such as Panama City Beach or
Cancún, Dewey Beach has developed a
reputation as a wild summer "party
town", and is particularly popular in
the Washington, D.C., Baltimore,
Philadelphia, and Wilmington areas.
The town lies on a small strip of land
between the Atlantic Ocean and Rehoboth
Bay, is about one mile long and only two
blocks wide. Despite its small size and
low year-round population of about 300,
it is not uncommon for 30,000 to descend
upon the town during summer weekends.
Numerous bars and rock clubs line
Coastal Highway (Delaware Route 1), the
town's main street. Further down Coastal
Highway is Ruddertowne, home to more
bars and clubs. On summer nights,
particularly on the weekends, Route 1 is
choked with pedestrians as bar goers hop
from one nightspot to another, backing
up traffic for miles.
Notwithstanding its reputation as a
magnet for partygoers, it is also a
popular family resort spot, particularly
because of its wide, sandy beaches, and
many hotels, cottages, and condominiums
may be found.
As is the case with most beach areas,
this city quiets down in the fall and
winter. The town hosts the Dewey Beach
Music Conference during the last weekend
of September. This event began in 2002
and has been a huge draw for unsigned
bands from all over the country. Another
popular Dewey Beach event, which occurs
every October, is Greyhounds Reach The
Beach, where thousands of rescued
greyhounds and their owners congregate.
Also, the town is the location of the
annual East Coast Skimboarding
Championships, in mid-August.
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Why Smart Homeowners Are Moving Up at the Start of a Real Estate Recovery Cycle!
Most signs and economic indicators point to a recovery cycle in the real estate market with price stabilization. Previous perceptions of a flood of foreclosure properties are not materializing, and in fact, foreclosure filings are down. Nationally, 7.5 million homes are at least 90 days late on their mortgage. Banks are moving more aggressively toward "short sale" solutions versus foreclosing and taking an immediate loss on their books.
• The Fed has stopped its tax credit program, which resulted in new home sales up 15% to a two year high.
• The Fed is moving away from buying mortgage backed securities and leaving that to private sector forces.
• Many experts believe it's inevitable that the Fed's next step is to raise interest rates after having "controlled" them at VERY historically low rates.
Smart homeowners see an ideal opportunity to "move up." Short sales in your move up range offer great values. That combined with the low interest rates (for how long?) makes this an ideal time to explore selling and moving up. Everyone's situation is unique, but I'll be happy to offer a no-obligation meeting to see if it's right for you. Call or email me! |
Please feel free to view our
database of
Sussex County Homes or Contact Us
for a free no obligation
conversation concerning your real estate needs.
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the beach can be easy. Try our Quick Links
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