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Millsboro DE 19966 Real Estate
Realtor and Homes for Sale in Sussex County
Dustin & Mariya Oldfather are
dedicated realtors who have a passion for
Millsboro DE 19966 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?
Millsboro's origin, like that of
many towns, is an accident of geography.
It is situated at the first point on the
Indian River, as one proceeds up the
river from its mouth, narrow enough to
allow for the construction of an earthen
dam and bridge with the technology
available in the Late 18th Century. Thus
the town generally sets the date for its
establishment as 1792, the year Elisha
Dickerson dammed up the headwaters of
the Indian River at the point known as
Rock Hole ( because of the annual
spawning of rockfish there). In fact,
there had been a thriving rural farming
community in existence in the area for
more than a century by that date. Most
early white residents were second or
third generation residents of the
Maryland and Virginia Eastern Shore and
when they arrived in the area they
called "Head of Indian River" the river
served as the boundary between the
Colony of Maryland and William Penn's
"Three Lower Counties Upon Delaware."
The area had had a much earlier Indian
presence. As English settlement
pressures in the area now known as
Worcester County, the Indians who had
originally been known as Assateagues and
who had lived in the coastal area of
Worcester began moving gradually
northwest during the middle and late
1600s, stopping first along Assawoman
Bay and then near the Head of Indian
River. Once there they became known as
"Indian River Indians" and it is
probable that the river was named for
them. In 1711 the Maryland Colonial
Assembly established a reservation for
them on the southwestern site of the
river, encompassing much of what is now
the southwestern side of Millsboro. Over
the years this "Indian Land" was
gradually purchased by members of the
Burton family and together with their
other lands served as a major
plantation. Their home farm stood just
west of U.S. 113 near present-day
Hickory Hill Road and the farm road
which ran from this farm to their
landing on Indian River became in later
years the public road we known as "Old
Landing road." it is probable that
surviving elements of the Indian
community joined with other Indian
groups such as the Nanticokes to form
the original Indian River Hundred
Nanticoke community. |
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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! |
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database of
Sussex County Homes or Contact Us
for a free no obligation
conversation concerning your real estate needs.
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