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Rehoboth DE 19971 Real Estate
Realtor and Homes for Sale in Sussex County
Dustin & Mariya Oldfather are
dedicated realtors who have a passion for
Rehoboth 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 Rehoboth DE 19971, 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?
Human beings probably inhabited this area as long ago as 10,000 BC; little is
known about them because much of the evidence of their existence has been
destroyed by development. At that time, sea levels were lower, and the Atlantic
Coast lay about 30 miles (48 kilometers) farther west than it does today. At the
time, the area would have resembled inland portions of southern Delaware today.
By the time the first Europeans arrived in the area in the 1600s, the coastline
was at its present location and several Native American tribes lived in the
area, including the Lenape (or Delaware]], the Sikkonese, the Assateagues, and
the Nanticoke. Pressure from English and Dutch settlers radiating outward from
Delaware forced the Lenape to migrate to upper New York state, Canada, and
Oklahoma, while the Sikkonese and Assateagues disappeared; the Nanticoke,
however, still exist in the general area today. The land later came under the
control of the Duke of York, who granted it to various landholders in the 1700s.
By the mid-1800s,the descendants of these landholders were farmers attempting to
make a living off the relatively poor land.[3]
The city was founded in 1873 by the Rev.
Robert W. Todd, of St. Paul's Methodist
Episcopal Church of Wilmington,
Delaware, as a site for Methodist camp
meetings in the spirit of similar
resorts on the New Jersey shore, such as
Ocean Grove. The Camp Meeting
Association disbanded in 1881, and in
1891, the location was incorporated by
the Delaware General Assembly as "Henlopen
City", shortly after which it was
renamed to Rehoboth Beach. |
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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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