Time to Buy?

Home prices are low and so are lending rates. If you’ve ever wanted a home at the beach…



(page 2 of 2)

“The best thing going for this region is that [Washington] D.C. is currently one of only five markets in the country that is seeing an increase in home values and pricing,” says Tull. “And here in Rehoboth we have a lot of buyers that come from the D.C. area, which I think is the number one thing that has helped get us through the recession.”

Secondly, there’s the cost of living. Delaware’s real estate tax rates are nearly 75 percent lower than those in Pennsylvania, Maryland and New Jersey, says Bronstein. That factor not only helps bolster the market with young, wealthy families who are looking for a vacation home or investment property, but it also attracts individuals looking to retire along the water’s edge.

“We’re still probably the most economical state in the Mid-Atlantic region for retirement in terms of low cost of living,” says Bronstein. “This has provided a floor for the real estate market in Delaware, especially at the beaches.”

Finally, there’s the less quantifiable—but nonetheless powerful—pull of the beach lifestyle. Mark Hughes is a regional director of business development for Max Spann Real Estate & Auction Co. Over the past decade, Hughes has focused his time and attention on the realty arm of Sotheby’s Auction House in multi-family, luxury and auction marketing. Hughes says places such as Rehoboth have done a good job setting themselves apart from the over-crowded “Myrtle Beach vibe” of other resort towns.

“Rehoboth is a brand, no doubt. There’s a lot of good will in the name Rehoboth, a lot of history, and I think that has played a roll in its success,” says Hughes. “Nonetheless, I think you’ve probably got a three- to five-year window of inventory reduction left in terms of stabilizing the market and getting rid of excess new construction and inflated prices.”

But, Hughes points out, that is a window that prospective, previously anxious buyers should be getting ready to pass through.

Bronstein, Tull and Martin all say their numbers rose in spring when compared to the same period last year. And though some of that rise was fueled by still record-low interest rates, the story that emerges is that of—dare one say it?—a recovery.

“There was a lot of pent-up demand,” says Bronstein. “People still wanted to buy beach houses, but they were afraid over the last few years because prices were still falling and people were backing off. But a lot of those people who think prices have sort of hit bottom came out this spring and picked up some very good deals.”

This is not to suggest that we are headed back in the same pre-crash direction. Lending is still tight, so financing is more difficult to find than it was five years ago, which means buyers need to lay a bigger down payment on the table. If they can, there are, indeed, deals to be had. “Prices are still down, but I think we’re beginning to see it stabilize somewhat from its peak,” Tull says. “As along as we continue to have a good summer, hopefully we’ll be bouncing along the bottom. But it’s still tough.”
 

Martin says her company’s sales in and around Rehoboth have nearly doubled from the same six-month period last year. Yet she is not ready to uncork the champagne and start a recovery parade down Coastal Highway.

“Hopefully this is going to continue to change for the better,” says Martin. “And to buyers who want something in town in Rehoboth or close to the beach, I would say now is the time. It would be a very good time to seriously consider buying at the beach.

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February 2017

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities. Undertake three Mesozoic Missions spanning 150 million years and mimic dinosaur...

Cost: Free with Admission

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Newark, DE  19807
View map »


Telephone: 302-658-9111
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities at the Delaware Museum of Natural History's newest special exhibit. Undertake...

Cost: Adults: $9 Children (3-17): $7 Seniors (60+): $8 Under 3: FREE Members: FREE

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Wilmington, DE  19807
View map »


Website »

More information

Between 1917 and 1944, the Society of Independent Artists (SIA) hosted annual exhibitions for its members. Famous painters and Sunday painters were able to exhibit their work in enormous open shows...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

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The Wilmington & Western Railroad's Hockessin Art Festival is a fundraising effort to benefit the railroad, now entering our 50th year of tourist service. Over 25 artists will be...

Cost: $3 for art show admission; $5 for train fare (children under 2 are free)

Where:
Hockessin Memorial Hall
606 Yorklyn Road
Hockessin, DE  19707
View map »


Sponsor: Wilmington & Western Railroad
Telephone: 302-998-1930
Contact Name: Carole
Website »

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Visit The Waterfall for our annual Wedding & Special Event Showcase. Sunday, Feb. 26 from 11 a.m. until 3 p.m. The event is complimentary and open to the public. Come see...

Where:
The Waterfall
3416 Philadelphia Pike
Claymont, DE  19703
View map »


Telephone: 302-792-2600
Website »

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Prospective brides, grooms, and their families are invited to Hagley’s wedding showcase, set in beautiful Chateau Country at Hagley’s Soda House. This premier free event puts brides and...

Cost: Free

Where:
Hagley Museum and Library Soda House
298 Buck Road
Wilmington, DE  19807
View map »

More information

Belly Dance Classes with Zahra Open to teens and adults February Sundays Beginner: 2:30-3:30 Intermediate: 1-2 February 5th & 12th Advanced payment: $22 via PayPal to...

Cost: $15-$52

Where:
Take the Lead Studio
320 Lantana Drive
Hockessin , DE  19711
View map »


Sponsor: Take the Lead
Contact Name: Zahra
Website »

More information

Nanticoke Weight Loss & General Surgery will host bariatric support groups on Tuesday, Feb. 7 from 5:30 to 6:30 p.m. and Monday, Feb. 27 from 6 to 7 p.m. in the Medical Staff...

Cost: FREE

Where:
Nanticoke Memorial Hospital
801 Middleford Road
Seaford, DE  19973
View map »


Telephone: 302-536-5395
Contact Name: Nanticoke Weight Loss & General Surgery
Website »

More information

Why should the boys have all the fun? Jeffrey Miller will help close our Inside the Opera Studio series with an elegant evening that is all about the ladies. Not all sopranos are created...

Cost:

Where:
Opera Delaware Studios
4 S Poplar St
Wilmington, DE  19801
View map »


Website »

More information

Show More...
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Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities. Undertake three Mesozoic Missions spanning 150 million years and mimic dinosaur...

Cost: Free with Admission

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Newark, DE  19807
View map »


Telephone: 302-658-9111
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities at the Delaware Museum of Natural History's newest special exhibit. Undertake...

Cost: Adults: $9 Children (3-17): $7 Seniors (60+): $8 Under 3: FREE Members: FREE

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Wilmington, DE  19807
View map »


Website »

More information

Between 1917 and 1944, the Society of Independent Artists (SIA) hosted annual exhibitions for its members. Famous painters and Sunday painters were able to exhibit their work in enormous open shows...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

Notbybreadalone Ministries presents Feeding the Hungry Outreach. All are welcome to come and partake of food, fun and fellowship. Those who desire a better way of life through Jesus Christ are...

Cost: Free

Where:
2nd and 3rd Streets
Wilmington, DE  19801


Sponsor: Notbybreadalone Outreach Ministries
Telephone: 442-0440
Contact Name: Ministers Wayne and Stephanie Dumpson
Website »

More information

Nanticoke Weight Loss & General Surgery will host bariatric support groups on Tuesday, Feb. 7 from 5:30 to 6:30 p.m. and Monday, Feb. 27 from 6 to 7 p.m. in the Medical Staff...

Cost: FREE

Where:
Nanticoke Memorial Hospital
801 Middleford Road
Seaford, DE  19973
View map »


Telephone: 302-536-5395
Contact Name: Nanticoke Weight Loss & General Surgery
Website »

More information

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Tuesdays and Thursdays from 9:30AM-12:00PM Fall session: Thursday, Dec 1st thru Thursday, December 15th Winter session: Tuesday, January 17th thru Thursday, March 30th   Drop in on Nature is...

Cost: see description

Where:
The Annex
501 Chandler Mill Rd
Kennett Square, PA  19348
View map »


Sponsor: The Land Conservancy
Telephone: 610-347-0347 ext.104
Website »

More information

Put on your warmest coat, some gloves and join us to play with ice. Learn about the properties of ice and experiment with this slippery substance. Enjoy a craft, a snack, and a warm drink indoors....

Cost: Members:$6 Others:$10

Where:
DuPont Environmental Education Center
1400 Delmarva Lane
Wilmington, DE  19801
View map »


Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities. Undertake three Mesozoic Missions spanning 150 million years and mimic dinosaur...

Cost: Free with Admission

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Newark, DE  19807
View map »


Telephone: 302-658-9111
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities at the Delaware Museum of Natural History's newest special exhibit. Undertake...

Cost: Adults: $9 Children (3-17): $7 Seniors (60+): $8 Under 3: FREE Members: FREE

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Wilmington, DE  19807
View map »


Website »

More information

Between 1917 and 1944, the Society of Independent Artists (SIA) hosted annual exhibitions for its members. Famous painters and Sunday painters were able to exhibit their work in enormous open shows...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

East Coast Garden Center Indoor Farmer's Marke 25 vendors

Cost: Free

Where:
East Coast Garden Center
30366 Cordrey Rd
Millsboro, DE  19966
View map »


Telephone: 302-945-3489
Website »

More information

East Coast Garden Center Indoor Farmers Market Nov 8, 2016 - April 11, 2017  11 am- 2 pm 25 vendors Location:  East Coast Garden Center 30366 Cordrey Rd Millsboro, DE 19966 302-945-3489

Cost: frr

Where:
East Coast Garden Center
30366 Cordrey Rd
Millsboro, DE  19966
View map »


Sponsor: East Coast Garden Center
Telephone: 302-945-3489
Website »

More information

The Rehoboth Beach Film Society is pleased to collaborate with the League of Women Voters® of Sussex County to present the second annual Women’s Film Series. The focus of this monthly series is...

Cost: $9

Where:
Cinema Art Theater
17701 Dartmouth Drive, #2
Lewes, DE  19958
View map »


Sponsor: Rehoboth Beach Film Society
Telephone: 302-645-9095
Contact Name: Jeri Kaplan
Website »

More information

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Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities. Undertake three Mesozoic Missions spanning 150 million years and mimic dinosaur...

Cost: Free with Admission

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Newark, DE  19807
View map »


Telephone: 302-658-9111
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities at the Delaware Museum of Natural History's newest special exhibit. Undertake...

Cost: Adults: $9 Children (3-17): $7 Seniors (60+): $8 Under 3: FREE Members: FREE

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Wilmington, DE  19807
View map »


Website »

More information

Between 1917 and 1944, the Society of Independent Artists (SIA) hosted annual exhibitions for its members. Famous painters and Sunday painters were able to exhibit their work in enormous open shows...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

Nanticoke Weight Loss & General Surgery hosts nutrition classes on the first Wednesday of each month from 4:30 pm to 5:30 pm at the Nanticoke Training Center located at 121 S. Front Street in...

Cost: FREE

Where:
Nanticoke Training Center
121 S Front Street
Seaford, DE  19973
View map »


Telephone: 302-536-5395
Contact Name: Nanticoke Weight Loss & General Surgery
Website »

More information

Show More...
Show Less...

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities at the Delaware Museum of Natural History's newest special exhibit. Undertake...

Cost: Adults: $9 Children (3-17): $7 Seniors (60+): $8 Under 3: FREE Members: FREE

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Wilmington, DE  19807
View map »


Website »

More information

Tuesdays and Thursdays from 9:30AM-12:00PM Fall session: Thursday, Dec 1st thru Thursday, December 15th Winter session: Tuesday, January 17th thru Thursday, March 30th   Drop in on Nature is...

Cost: see description

Where:
The Annex
501 Chandler Mill Rd
Kennett Square, PA  19348
View map »


Sponsor: The Land Conservancy
Telephone: 610-347-0347 ext.104
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities. Undertake three Mesozoic Missions spanning 150 million years and mimic dinosaur...

Cost: Free with Admission

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Newark, DE  19807
View map »


Telephone: 302-658-9111
Website »

More information

Between 1917 and 1944, the Society of Independent Artists (SIA) hosted annual exhibitions for its members. Famous painters and Sunday painters were able to exhibit their work in enormous open shows...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

Thursdays from 4:00PM-5:30PM Fall session: December 1st, 8th and 15th Winter session: Starts January 19th, every other Thursday until March 30th This program is based entirely outdoors and is...

Cost: Cost: $30 for TLC members / $40 for non-members

Where:
Bucktoe Creek Preserve
432 Sharp Rd
Avondale, PA  19311
View map »


Sponsor: The Land Conservancy
Telephone: 610-347-0347 ext.104
Website »

More information

Pages of Time: Mother & Daughter Book & Craft Club Thursday November 3, 2016, 6:00 – 8:00 pm: A Journey to the New World: The Diary of Remember Patience Whipple...

Cost: $25-35

Where:
Winterthur Museum, Garden and Library
5105 Kennett Pike
Wilmington, DE  19807
View map »

More information

Nanticoke Memorial Hospital offers childbirth classes on Thursdays from 6:30 pm to 8:30 pm in the Ground Floor Conference Room. The class will meet each Thursday for a total of five weeks – four...

Cost: Childbirth class, $50. Refresher class, $25.

Where:
Nanticoke Memorial Hospital
801 Middleford Road
Seaford, DE  19973
View map »


Telephone: 302-629-6611 x2540
Contact Name: Nanticoke’s Maternal Child Health Clinical Educato

More information

Visit Paint Nite's website to see Tutto Fresco's events, held the first Thursday of every month (through 2017) starting at 6:30 p.m.

Where:
, DE

More information

The Resident Ensemble Players, Delaware’s professional acting company performing at the University of Delaware, presents The Elephant Man by Bernard Pomerance. The moving tale of John Merrick, a...

Cost: $15 - $30

Where:
Thompson Theatre, Roselle Center for the Arts
110 Orchard Rd.
Newark, DE  19716
View map »


Sponsor: Resident Ensemble Players
Telephone: (302) 831-2204
Website »

More information

Gina Sicilia has been wowing audiences across the globe throughout her decade-long career, with no plans of slowing down anytime soon. Considered a true rising star in the blues world, her debut...

Cost: $12 ADV - $15 DOS + FEES

Where:
World Cafe Live- Wilmington
500 North Market Street
Wilmington, DE  19801
View map »

More information

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Terry Anderson's new landscape paintings from the Brandywine Watershed to the Canadian Near North, take on an abstract quality reflecting her interest in the relationships between shape, space and...

Cost: free

Where:
The Station Gallery
3922 Kennett Pike
Greenville, DE  19807
View map »


Telephone: 302-654-8638
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities. Undertake three Mesozoic Missions spanning 150 million years and mimic dinosaur...

Cost: Free with Admission

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Newark, DE  19807
View map »


Telephone: 302-658-9111
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities at the Delaware Museum of Natural History's newest special exhibit. Undertake...

Cost: Adults: $9 Children (3-17): $7 Seniors (60+): $8 Under 3: FREE Members: FREE

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Wilmington, DE  19807
View map »


Website »

More information

Between 1917 and 1944, the Society of Independent Artists (SIA) hosted annual exhibitions for its members. Famous painters and Sunday painters were able to exhibit their work in enormous open shows...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

First Fridays This noon-time lunch series on the first Friday of every month pairs an engaging 30-minute discussion about a work of art with a delicious lunch in the Thronson Café. 

Cost: $12 Members, $14 Non-Members (Café lunch voucher included in price)

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

Tutto Fresco has live entertainment every Friday night from 6:30–9:30 p.m. Call for details. http://tuttofrescode.com/

Where:
Tutto Fresco
514 Philadelphia Pike
Wilmington, DE  19809
View map »

More information

Meeting every Friday, Bayhealth Kent General Hospital, 640 s. State Street, Dover, 7:30 pm., Private Dining Room #3 in the basement. For those who have, or think they may have a gambling problem....

Cost: 0.00

Where:
Bayhealth Kent General Hospital
640 S. State Street
Private Dining Room #3
Dover, DE  19901
View map »


Telephone: 800-855-2CALLGA
Website »

More information

Why should the boys have all the fun? Jeffrey Miller will help close our Inside the Opera Studioseries with an elegant evening that is all about the ladies. Not all sopranos are created...

Cost: $29-$59

Where:
OperaDelaware Studio
4 South Poplar St.
Wilmington, DE  19801
View map »


Sponsor: OperaDelaware
Telephone: 302-442-7809
Contact Name: Mary Wilcosky
Website »

More information

The Resident Ensemble Players, Delaware’s professional acting company performing at the University of Delaware, presents The Elephant Man by Bernard Pomerance. The moving tale of John Merrick, a...

Cost: $15 - $30

Where:
Thompson Theatre, Roselle Center for the Arts
110 Orchard Rd.
Newark, DE  19716
View map »


Sponsor: Resident Ensemble Players
Telephone: (302) 831-2204
Website »

More information

Philadelphia band Mason Porter has a ton of fun on stage. And that’s how it should be. It’s that positive energy that connects them with their audience every time. They play a style of American...

Cost: $15 ADV - $17 DOS + FEES

Where:
World Cafe Live- Wilmington
500 North Market Street
Wilmington, DE  19801
View map »

More information

Show More...
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First Saturdays in the First State   Programs and events on the first Saturday of each month. Sites are open, 9 a.m. – 4:30 p.m., check website for...

Cost: Free

Where:
First State Heritage Park
121 Martin Luther King, Jr. Blvd N
Dover, DE  19901
View map »


Sponsor: First State Heritage Park
Telephone: 302-739-9194
Contact Name: Sarah Zimmerman
Website »

More information

Terry Anderson's new landscape paintings from the Brandywine Watershed to the Canadian Near North, take on an abstract quality reflecting her interest in the relationships between shape, space and...

Cost: free

Where:
The Station Gallery
3922 Kennett Pike
Greenville, DE  19807
View map »


Telephone: 302-654-8638
Website »

More information

First Saturdays in the First State   Programs and events on the first Saturday of each month. Sites are open, 9 a.m. – 4:30 p.m., check website for...

Cost: Free

Where:
First State Heritage Park
121 Martin Luther King, Jr. Blvd N
Dover, DE  19901
View map »


Sponsor: First State Heritage Park
Telephone: 302-739-9194
Contact Name: Sarah Zimmerman
Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities at the Delaware Museum of Natural History's newest special exhibit. Undertake...

Cost: Adults: $9 Children (3-17): $7 Seniors (60+): $8 Under 3: FREE Members: FREE

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Wilmington, DE  19807
View map »


Website »

More information

Uncover the facts, fictions, and fossils of Dinosaur Revolution as you LIVE LARGE in reptilian role-play activities. Undertake three Mesozoic Missions spanning 150 million years and mimic dinosaur...

Cost: Free with Admission

Where:
Delaware Museum of Natural History
4840 Kennett Pike
Newark, DE  19807
View map »


Telephone: 302-658-9111
Website »

More information

Are you interested in learning more about what volunteer opportunities the Kalmar Nyckel Foundation has to offer? Consider attending our Volunteer Open House at our shipyard in Wilmington, DE from...

Cost:

Where:
Kalmar Nyckel Foundation
1124 E 7th St
Wilmington, DE  19801
View map »


Website »

More information

Between 1917 and 1944, the Society of Independent Artists (SIA) hosted annual exhibitions for its members. Famous painters and Sunday painters were able to exhibit their work in enormous open shows...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

During his lifetime W. Heath Robinson (1872–1944) was ranked with Arthur Rackham and Edmund Dulac as one of England’s foremost illustrators. Beginning in the 1890s, Robinson developed a linear...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

Enjoy four weekends of Tour de Tanks in March 2017. Use the trail brochure to plan your stops as you drive to each location. Includes exclusive tank or barrel tastings, tours or educational...

Cost: $30

Where:
Various Locations
, PA


Telephone: 1-888-858-9675
Website »

More information

Collector Eric Holzenberg will explore W. Heath Robinson’s significant contribution to the gift book phenomenon in works he illustrated and wrote, including The Adventures of Uncle Lubin (1902)...

Cost: Free with Museum admission

Where:
Delaware Art Museum
2301 Kentmere Parkway
Wilmington, DE  19806
View map »


Website »

More information

The Resident Ensemble Players, Delaware’s professional acting company performing at the University of Delaware, presents The Elephant Man by Bernard Pomerance. The moving tale of John Merrick, a...

Cost: $15 - $30

Where:
Thompson Theatre, Roselle Center for the Arts
110 Orchard Rd.
Newark, DE  19716
View map »


Sponsor: Resident Ensemble Players
Telephone: (302) 831-2204
Website »

More information

1977: the year Apple,Inc. incorporated, Fantasy Island premiered on ABC, Star Wars & Saturday Night Fever ruled the box office, and disco dominated the airwaves. Buy your tickets now, and see you...

Cost: $60 + FEES

Where:
World Cafe Live- Wilmington
500 North Market Street
Wilmington, DE  19801
View map »

More information

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