Ocean Atlantic Sotheby’s will be hosting a Stroll & Roll at The Peninsula in Millsboro, DE. Open Houses in the Peninsula will be open from noon-3pm on May 19, 2012. Eight Sotheby’s listings will be open for touring. Food, beverages and prizes. Come see what the Peninsula has to offer. Live the resort life with Delaware’s premier Jack Nicklaus Signature Golf Course and 3 Swimming Pools. Enjoy spa treatments. The gated community sits on an 830 acre peninsula on the Indian River Bay offering fantastic views. Call for directions and details. Paul Maltaghati 302-430-3543 Go to the main page of this website and click on the Peninsula icon to see the available properties for sale. I have fantastic resales with motivated sellers and represent buyers with new construction. I have 7 years experience with new home sales. With over 50 sales in the Peninsula this year real estate investment is back.
The Peninsula is a short drive to Rehoboth Beach and historic Lewes & Milton. Come see why folks are flocking to Sales Tax Free Delaware. Average Real Estate Property Tax is $1,000 per year. Not per month. Home prices are at 2002 prices with historically low mortgage rates. Call today. 302-430-3543
Archive for the Category "Market Report"
CNN reports that home prices have not been this low since November 2002. While short sales and foreclosures flood the market finding a deal is easy. Sussex County, DE homes sales are up. With the big draws of relocating and investing in real estate savvy buyers are back! Sussex County has some of the lowest Real Estate taxes in the country. Real Estate taxes are based on 1974 assesments. $1,000 on $400,000 of value. We still have NO SALES tax in Delaware.
Buyers are getting contracts on their homes in the surrounding states and the relocation migration is picking up speed again. They are escaping the high taxes of NJ, PA, MD and the DC area.
Rehoboth Beach boardwalk again ranked in the top 10 in the USA coming in at number 6.!!!!! Come see our new mile long boardwalk in Tax Free Delaware. Call today to get your free market analysis.
This was another great weekend for Ocean Atlantic Sotheby’s Realty in Rehoboth. Friday night was the annual “Get Downtown” event. Sotheby’s had our tent up at the First Street Station in front of White House/Black Market. We gave away almost 500 reusable shopping bags. It was great seeing the town covered in blue. There was live music in the mall and foks had lots of fun dancing under the stars. I enjoyed the free pizza from Grotto. The retail shops were all open inviting people in to view there wares while serving food and beverages from local eateries. It was a great night. Thanks you to all the participating retailers.
On Sat. we hosted another one of our popular Stroll & Rolls in Rehoboth. This is were we feature a tour of some of our listings in town. This time it was paired with food from local restaurants. It was another huge success with properties visited by 50 -60 people. The Stroll & Rolls are very popular and becoming a trademark of our office. Sales are up and activity is picking up as the economy continues to recover. Look for our next Stroll & Roll in Lewes.
Rainbow in Rehoboth Beach
It is a great time to take advantage of low mortgage rates and low home prices.
Schell Brothers is offering it’s Holiday Incentive which ends on Dec. 23rd. NV Homes has model leaseback opportunities. KHovnanian is offering big discounts. Bayfront at Rehoboth is also offering model leaseback opportunities.
Don’t forget to watch Extreme Home Makeover Thanksgiving edition featuring the “Just Soup” ministry and the Dunning family. Schell Brothers donated the land and thousands of locals helped build this complex of buildings on Rt. 9.
Schell Brothers is now building in The Peninsula in Millsboro. Everyone is excited this Jack Nicklaus gated golf community in Millsboro is coming back to life boasting 45 sales this year.
My new listings can be viewed right here on my website. just click on the Peninsula icon. Hope to see you hear in Sussex County real soon. Real Estate is still booming here and is one of the few markets in the USA claiming this.
Thanks to everyone that attended Saturday’s open house in the Peninsula. It was a success! Several listing agents and sellers opened their homes for the tour. It was a beautiful day for home shopping. It was great to see current residents of the Peninsula stop in and talk with potential buyers. Some of them were looking for freinds and family or to upgrade themselves. The grounds looked spectacular and amenities polished as usual. There was plenty of options with Windswept condos starting at $188,000 and luxury homes up to 2M. Call me for your private tour if you missed this event.
Congratulations teo the lucky winners and thank you to our sellers for donating thier homes for the raffle. i’m sure they will enjoy their free weekend in the Peninsula golfing, swimming or playing tennis.
Time is running out on the Federal Tax Incentive ending April 30.
Last Sat. my open house in Paynter’s Mill was a success.
Unit 1604, reduced to $264,900, link here, http://resideindelaware.com/listing/574503/
is very motivated and would like to join their children and grandchildren in FL.
Sunday at Harmon Bay in Rehoboth was eventful. Kim Crawford & Deb Griffin from The Jetty Group toured the community with a Brunch Bus. I think it was more a Mimosa Bus. LOL 25 “happy people” toured the 3 models, The Beach House, The Cape House & The Pilot House. Harmon Bay is a fantastic investment. With single family homes starting at $289,900. 20 of the 32 lots are sold since August 2009. Harmon Bay is 1.5 Miles from Rehoboth Beach and minutes from Dewey Beach & Lewes.
Monday was a day for maintenance. My listings on Realtor.com now have more pictures, updated information and Virtual Tours.
Yesterday was a beautiful spring day on the Delaware shore. I held open houses in Paynter’s Mill in Milton. Which is just a few hundred yards away of being in Lewes. It is only 3 miles to Beebe Hosp and downtown historic Lewes. It is only 4 miles from Cape Henlopen State Park and the Cape-May Lewes ferry. You only need to travel 8 miles to the Rehoboth Beach boardwalk. The open houses were very busy with buyers who enjoyed the beauty of Paynter’s Mill. I have 3 units remaining from Schell Brothers and several pristine resales. Many folks were interested in the first time offering of having a semi custom home built by Schell Brothers on the 3 remaining lots in Paynter’s Mill. The construction of Lot 94 is to begin in late April with the Columbus model. Donna Davis, Ocean Atlantic Sotheby’s Int’l Realty will be hosting the open house today, 4/11 from 1-5. I’ll be at Harmon Bay in Rehoboth Beach. The hottest selling community in Rehoboth. With 19 of 32 homes sold since August 2009. Prices start at $289,900. Only 2 miles to the boardwalk. Let’s enjoy this beautiful spring day. There is only 20 left to take advantage of the Federal Tax Incentives. Don’t miss out! This is the time to buy. There are low home prices, low mortgage rates and incentives by seller, builders and tax credits.
April 10th & 11th is National Open House Weekend. I’ll be in Paynter’s Mill in Milton on Sat. 4/10 featuring 8 fantastic condos. 2-3 bedrooms. aLl with garages. Starting at $194,900 with Seller Incentives.
Call for directions and details.
On Sunday 4/11, I’ll be at Harmon Bay in Rehoboth. The hottest selling community. New constrcution starting at $289,900 for a single family. Just 2 miles to the Rehoboth boardwalk. 19 of 32 homes sold since August. Call for directions and details.
Enjoy this beautiful spring weekend. Visit the DE shore. Paul 302-430-3543