Bethany Beach, DE Real Estate News

By Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA, Carolyn Roland, GRI, CRS
(Patterson-Schwartz Real Estate)
Last week I ventured down past Rehoboth Beach (once called "The Nation's Summer Capital") on a spit of land carrying Route 1 13 miles south to a little town called Bethany Beach.I wasn't sure what to expect--would there be a big boardwalk like Rehoboth, or massive condos towering over the highway like Ocean City Maryland, to the south?It turns out neither of these comparisons was valid. There was a block of shops leading towards the ocean, with a small gathering area and stage. Beyond that was the boardwalk, extending about a block to the north and south with a few shops.  If it looks rather deserted, it was probably because of the dreary weather.  Wandering south on the boardwalk, we found a cute gift shop that had this creative sign outside. Not sure if it indicated where people came ...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
    Whether you are looking for a nice oceanfront vacation home or a year round home, Bethany Beach is the place to be! Bethany Beach has a beautiful beach and boardwalk with lots of fun things to do. There are many home buying options such as single family homes to condos. Let us help you find your perfect Bethany Beach home today!    To view all Bethany Beach listings click here.   To view other Delaware listings click here.
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By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
The Quiet Resorts Charitable Foundation hosts the Bunnypalooza on Saturday, March 31, the morning before Easter. It is a 5K Run/Walk. Organizers are looking for volunteers , sponsors and family friendly performers for the event. This fun event will run from 7- 11 AM. For more information check out www.bunnypalooza-run.com.   
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By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
The 33th Annual Bethany Beach Boardwalk Arts Festival will be held Saturday, September 10, 2011. Hundreds of artisans and crafters will be lined up along the boardwalk. It is presented by the Bethany-Fenwick Area Chamber of Commerce. Watercolor Paintings, Pottery, Jewelry and Photography are among the many items for sale. The artists will display their wares along the boardwalk and the adjacent streets on Saturday, September 10 from 10AM through 5PM. Admission is free. A silent auction and live entertainment will also be available.  Call 302.539.2100 for more information.     
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By JoAnn Moore, Home Loans in Delaware
(The Mortgage Market of Delaware)
Make A Wish Triathlon, September 24, Bethany Beach, Delaware The 28th Annual Make A Wish Triathlon will be held on September 24, 2011 at Sea Colony in Bethany Beach, Delaware. The event is open to 1000 participants. The triathlon consists of a 1.5 mile ocean swim, 41K bike and 10K run. This event can be done as individuals or relay teams. There is also an option to complete a AquaVelo; for swim and bike only. Registration is $150 which entitles the particpants to a T shirt, goody bag and entrance to the post race picnic. The Make A Wish Foundation grants the wishes of children with life-threatening medical conditions. For more information go to www.midatlantic-makeawishtri.org or email Tara Wilson-Jones at tjones@midatlantic.wish.org.   
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By Dustin Oldfather, Delaware Ocean & Water Front Homes
(Ocean Atlantic Sotheby's International Realty)
Bethany Beach Delaware Fourth of July Parade 2011     The Bethany Beach 4th of July Parade Committee is in the process of planning for its 28th Event. The theme of this year’s parade is “THE UNITED STATES CONSTITUTION”. In this regard, we are also honoring the STATE OF DELAWARE, SINCE DELAWARE WAS THE FIRST STATE TO RATIFY THE CONSTITUTION. Artist, Jennifer E. Carter of Bethany Beach is in the process of designing the T-shirt depicting this theme. Pertinent Parade information is as follows: . Registration for floats, bikes and walkers is from 9AM to 11:30AM on Monday July 4th. No preregistration. The parade will step-off on Monday, July 4th starting at 12:00 noon. . The 23 annual horseshoe throwing contest will be held at the conclusion of the parade located on the South West corner of ...
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By Don Williams
(Keller Williams Realty)
Well, it is Christmas Eve, no one to call, no one to tour, everyone is out finding last minute presents, and I am here on the computer.  What am I doing.  Did I not work hard enough during the 358 days of the year?  I would tell you I didn't, but my wife would tell you I did. I am not happy resting or relaxing, I get a guilty feeling that I should be doing something to be better at my job.  The morning was spent listeing to Tony Robbins, which always motivates me.  But all the web sites related to real estate business are closed for the holidays, and I have plenty of unaswered questions still.  So I turned to AR to write about it, since I will never know all there is to know, but that won't stop me from trying to know it!  On a day like today, when everyone is shopping, I am still leari...
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By Christopher Pataki, Hockessin Delaware Real Estate
(RE/MAX Associates)
For 25 years, the "Friends of Summer" have mourned the passing of the summer tourist season at Bethany Beach, Del. Known as the "Quiet Resort," this tiny beach town is where a group of faithful mourners respectfully lay to rest their beloved summer season on Labor Day. The 2010 Bethany Beach Jazz Funeral will be celebrated on Labor Day Monday, Sept. 6, with activities beginning about 5:30 p.m. at the north end of the Bethany Beach Boardwalk. The event is family-friendly and free to the public, according to Paul Jankovic, chairman of the Jazz Funeral events. read more...................
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
On Saturday, June 5th, my wife Sue participated in the annual Seaside Craft Show in Bethany Beach, DE.  This is a juried craft show and is usually one of the highlights of the start of the summer season at the beach in southern DE.  Unfortunately this year, Saturday also brought 94 degree temps and very high humidity which evidently melted the crowds and their enthusiasm.  It's a shame because I saw first hand how hard all of the participants worked on their crafts and setting up their displays. Sitting out in the sun all day, trying to sell your arts and crafts to small crowds isn't exactly fun, but I saw first-hand the enthusiasm and grace with which these folks worked through the day.  I hope they all had some modicum of success. I'm very proud of Sue and Baxter Bags for participatin...
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
Cripple Creek Golf & Country Club is Your Private Club at Bethany Beach. Featuring an exceptional golf course that hosted the 2009 Delaware Men's and Women's Amateur, Cripple Creek provides a great golf experience and the facilities to host your business guests in style.  The club provides the benefits of a small private country club experience in a relaxed social setting for you and your family. Cripple Creek is offering a limited number of Social Plus Memberships for $190 per month.  This business person's special includes golf privileges from October 1 through April 30th and after 4PM, Monday through Thursday, May 1 through September 30.  You, your spouse and children can also enjoy year-round use of the Club House, Tennis Courts, and Swimming Pool. I'm been a member since 1998 and ...
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
Save the date - May 12th - for the Bethany-Fenwick Chamber of Commerce 1st Golf n' Gab networking event at the Bayside Resort Golf Club.  This is a 9-hole scramble designed for networking - it's not your typical golf tournament.  You'll have fun whether you're a beginner or experienced player. The sole purpose of the event is to network, so the Chamber will put together the foursomes.  This event costs $40 and includes 9-holes @ Bayside, tips from the club pros, giveaways and a Business After Hours at the Bayside Grill for drinks and food. Click here to sign-up:  Golf n' Gab ---------------------
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
One of the biggest spring events comes to town this Saturday - the 21st Annual Ocean to Bay Bike Tour.  Organized by the Bethany-Fenwick Chamber of Commerce, the bike tour is open to cyclists of all ages and skill levels.  Participant will choose between a 25, 35 or 50 mile course map and completion is optional. The courses wind through the inland bays, back roads, and beaches in beautiful lower Sussex County and the weather forecast is looking good.   You need to be pre-registered and the tour starts are 8:30 Saturday morning in downtown Bethany Beach. Click here for information:  Ocean to Bay Bike Tour   ---------------------------
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
On October 1, 2009, important changes to the National Flood Insurance Program (NFIP) will take effect. There will be an increase in rates, the standard deductibles will increase, and the basic insurance limits will increase. However, the total coverage available will stay at a $250,000 maximum.  These combined changes will result in an average premium increase of 8 percent. The increases will apply only to policies that are written or renewed after October 1, 2009. I'm going to include much of the detail from the FEMA announcement, so please bear with me.  The increase in the minimum deductible and the rate increases are the most important aspects of this annoucement.  It's also interesting that they are finally doing away with the paper maps. For more information about the NFIP, please...
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
The "end of summer" at the beach is actually the beginning of some great weather conditions at the shore.  September and October are generally very mild and sometimes we even get some nice beach days.  The real estate market has picked up considerably over the past 4-6 months and sales are definately happening.   The mix of my business with regard to refinance mortgages versus purchase money mortgages has firmly turned in favor of the purchase side of things.  We closed 14 loans in August and 10 were purchases, including 3 jumbo mortgages.  Now, I'm not talking about short sales and REO properties.  Some buyers are still searching for "deals" on the distressed side of the market, but it's not easy.  You will more than likely wait and wait for contract acceptance by the lending bank, whi...
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
In the summer of 2002, Peter "Wolf" Toff drove into the seaside resort of Bethany Beach in his Winnebago. He arrived at the City Hall wearing cut-off jeans, a beer t-shirt and a deep golden tan, remembers Bethany City Council Woman Margaret Young. Young did not envision the Hungarian-born Toth, a sculptor who had carved more than 60 statutes of American Indians throughout the United States and Canada, to be so laid back. But laid back and easy going has been a way of life for Toth since 1972, when he completed his first scuplture of a American Indian, carved from the cliff of Wind and Sea Beach in La Jolla, Calif. While completing his second sculpture, in Sand Run Park in Akron, Ohio, he made a life-changing decision. "I will make a sculpture of an Indian, to honor them, in each of the...
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If you own rental property in Bethany Beach, get ready for a new town mandated safety checklist to protect your tenant's (even weekly summer visitor's) safety. Bethany Beach Town Council members voted 5-1 at their Jan. 16 meeting to adopt the new safety checklist, which will be sent out to property owners each year as part of their rental license package from the town.  Owners will be required to certify that every itme on the checklist is complete and in working order beginning with the 2010 summer rental season. The required items include: battery-operated smoke detectors for each bedroom in the rental home; deadbolt locks that do not require interior keys; ground-fault circuit interrupter (GFCI) protection on all outdoor electrical receptacles, bathroom receptacles, garage wall outle...
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
We get the question every day.  How much will this home go up in value?  Well, maybe not so much these days, but here's something to think about.  What if your house never went up in value - should you still buy?  Click below and get my answer.  Hint:  Emotion can be a big driver in the home purchase, especially for a first time buyer, but the down and dirty financial benefits are still big, even if prices don't appreciate. Click Here For What if my house never goes up in value, should I still buy? Let me know what you think. Jeff call at 302-602-1067
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
I said in my blog - A View from the Beach - over the weekend that the Fed might cut 3/4% and they did.  I also said that mortgage rates probably would not go down if the Fed did cut by that much.  Guess what - I was way wrong!  CPI was down 1.7% this morning.  November Housing Starts fell -19% to a record low of 625K annual units, far below the consensus of 730K. Building Permits, a leading indicator, showed a similar decline. Housing Starts were running at a 2.2 million unit annual pace in early 2006. The slowdown in the building of new homes will help reduce the inventory of unsold homes on the market.  That's what we need now, a reduction in the glut of homes on the market.   For now, inflation is not a concern for investors. Add to that, the Fed statement that accompanied the rate c...
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
The Bethany Beach Holiday Happening is this Saturday, December 6 from  3 - 6 PM.   Entertainment for the whole family! Musical entertainment begins at 3:00 PM with The Lord Baltimore  Holiday  Ensemble singing holiday favorites. Peaches, the clown will create her unique balloon art for all the young visitors while Miss Donna paints Christmas trees on young faces.  Santa arrives by  4 o'clock via a fire truck. Hop on a horse-drawn  carriage,  a hay wagon or the town trolley  for rides about town. Bundle up!    All is Free and All are Welcome!  Sunday, December 7, 4:30 - 6:30 PM is the annual   ADULT Get-Together  in Town Hall. Meet & Greet Your Neighbors and enjoy live music , refreshments and the festive decorations  All is Free and All are Welcome!
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By Jeff Baxter
(Jeff Baxter Mortgage Team)
Short answer - "no!"  Market bottoms are always seen in the rear view mirror, whether it's the bottom for home prices or rates for refinancing.  Check out why below. Click Here For Can I Really Catch the Bottom of the Market? Mortgage rates have dropped about 1/2% over the past week.  How long will this last?  Will they move lower?  If you're in the market for a mortgage - a purchase or a refinance - give me a call to discuss.  Jeff 302-537-5076
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