This past Wednesday on February 4th, Ocean Atlantic Sotheby’s International Realty (OASIR) held their weekly meeting in the residential community of Paynter’s Mill. Paul Maltaghati of OASIR was the host. Sotheby’s agents toured the beautiful condominiums and upscale community. Schell Brothers builders have completed all 16 buildings with a total of 96 units. There are only 6 units availalbe. With prices from $249,900 to $312,900, and a HUGE Builder Incentive being offered. Call Paul Maltaghati 302-430-3543 for details. Mortgage rates are historically low. Lynn Cattaffi of Tidewater Mortgage Services gave the agents the weekly update filled with good news. Lynn has plenty of lenders looking to lend money. Smart banks and lending companies know Delaware and especially Sussex County is a solid investment. Retirees make up a good part of the homebuyers coming to the area. Retirees are less of a risk.
The condos of Miller Landing at Paynter’s Mill offer 2-3 Bedrooms/2 Baths. All the condos include either 1 or 2 Car Garage. Residents of Panyter’s Mill enjoy the Manor House Clubhouse and the other ammenities such as swimming pool, tennis, volleyball, basketball and walking/jogging trail.
OASIR top Realtor of the Year 2008, Kim Hamer and her husband Jeff Hamer attended the meeting. Jeff has recently joined the Rehoboth Beach office. Kim & Jeff are proprietors of Fins, Claws & Arenas of Rehoboth Beach, Kim & Jeff love Kindle Restaurant & The Corner Market Bistro located in Paynter’s Mill.
It was great to see the top OASIR’s agents such as Christine Strauss and Jennifer Nagle of Team Strauss, Brian & Jenn Barrows of Barrow’s & Associates, Matt Brittingham, Vicki Condit, Suz Bond of Team Bond, Justin Healy the Broker of OASIR and many more fantastic agents. A special thanks to Jack Giles of the Delaware Real Estate Commision for his enlightening speech. Amanda Ryan gave OASIR’s 2009 Marketing Plan presentation.
The phones are ringing, the market is up, December home sales rose 6.5% and was higher than December 2007. Paynter’s Mill is 95% sold out. RDM Homes have sold out! Beazer Homes has sold out! Schell Brothers have a fist time offering of 4 lots availalbe for TBB Schell Brothers single family homes. Paynter’s Mill is located 3 miles to Beebe Hospital, 5 miles to Cape Henlopen State Park, 8 miles to downtown Rehoboth and boardwalk, & 9 miles to the exciting nightlife of Dewey Beach.
There is excitement about final 6 condos at Paynter’s Mill. They are nicely appointed and ready for occupancy. Thank you Ocean Atlantic Sotheby’s International Realty agents.
Category: Market Report, Ocean Atlantic Sotheby's, Paynter's Mill
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