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MESSAGE FROM LESLIE
Even though absorption rates are starting to move up now that the market has been stronger for six months, it is still a great time to be a buyer. Prices remain fairly steady at a level not seen in as much as eight years. Based on trends, however, I would not be surprised to see some price firmness among lower-priced properties given heavy recent sales.
We are now coming into a period where my personal experience historically has focused on higher-priced showings, the late summer and fall. During the first half of 2010, I participated in 7 of the 10 sales exceeding 1 million, as well as both of the settlements in the first week of July. I'm looking forward to a strong second half of 2010.
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39627 Turtle Run
North Bethany
$1,600,000
Coastal living with a contemporary feel, this 5 BR 4 BA home is only three lots off the ocean, nestled amongst mature pines, features two master suites, windows galore, decks and a screened in porch. Bright and airy residence located in a gated North Bethany community with pool and tennis.
Click to view: Turtle Run Fact Sheet | Turtle Run Virtual Tour
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309B Holly Court
Bethany Beach
$449,500
Just 3 blocks from the beach, this exceptionally kept and well-priced 4-BR 3-BAtownhouse in Bethany resides in community with a tennis court and swimming pool. Features a fireplace, garage, newly remodeled kitchen and a spacious deck perfect for warm nights.
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513 Laurma Lane
Bethany Beach
$289,000
Picture perfect location on a quiet cul-de-sac in a quaint, undiscovered neighborhood just a short walk to the beach. Ideal time to invest or build your own beach cottage.
Click to view: Laurma Fact Sheet
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119 Central Boulevard
Bethany
$1,585,000
A quick walk from cafes, this spacious 6 BR 5.5 BA ocean block home sits in the heart of Bethany. Vaulted ceilings and windows keep the proven rental airy and bright, while a loft, den, screen porch and multiple decks are made for lounging. Elevator included.
Click to view: Central Fact Sheet | Central Virtual Tour
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39671 Bayberry Dunes
North Bethany
Was $5,995,000 NOW $5,495,000
This grand beachfront residence is a magnificent fusion of architecture and opulence with 6/7 en suite bedrooms and ocean views that are unequaled in scope and beauty.
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32550 Heron Circle
North Bethany
Was $945,000 NOW $875,00
Spacious 5 BR 3.5 BA Waterfront residence in lovely condition on the Salt Pond. This natural and tranquil setting with expansive waterviews in a gated comm. has add'l living space ready to be finished, elevator and sizable porches and decks.
Click to view: Heron Fact Sheet | Heron Virtual Tour
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1 S. 1st Street
South Bethany
Was $1,589,000 NOW $1,495,00
Just one off the Ocean, this spacious 6BR 4BA home with 2 living rooms, inverted floor plan, and fabulous Ocean views completely rebuilt in 2005 and needs to be on your must see list.
Click to view: 1st Fact Sheet | 1st Virtual Tour
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128 Petherton Drive
South Bethany
Was $525,000 NOW $489,00
This well priced 3BR 2Ba canal front cottage has a huge screen porch facing south over the water and offers easy beach and boating access.
Click to view: Petherton Fact Sheet | Petherton Virtual Tour
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146 Brandywine Drive
South Bethany
Was $675,000 NOW $645,00
Keenly sited on a canal with boat dock, this 3 BR, 2.5 BA bright and cheerful home with a large family room (easily 4th BR) and pleasant patio with fenced in yard is perfect for entertaining at the beach.
Click to view: Brandywine Fact Sheet | Brandywine Virtual Tour
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July 7, 2010
- New Listings
- Price Changes
- What's Happening
- Interest Rates
- In the News
- For Your Information
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INTEREST RATES
Conforming:
30 year fixed 0 points: 4. 625%
15 year fixed 0 points: 4. 125%
Jumbo:
30 year fixed 0 points: 5.625%
5/1 ARM 0 points: 4.375%
These rates are provided by Jeff Baxter at Prosperity Mortgage and are
subject to change without notice. Please contact Jeff directly for
current rates at 866-859-6558 (toll-free office), 410-459-2108 (cell
phone) or jeff.baxter@prosperitymortgage.com
http://www.sjbaxter.com
Mortgage Market in Review 07/05/10
Economic Commentary 06/29/10
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FOR YOUR INFORMATION
Community theater brings magic.~ Delmarvanow.com: The Daily Times
Annual Beach & Bay Cottage Tour reading for 19th year. ~ Coastal Point
Farmers' markets abuzz in Bethany and Fenwick. ~Coastal Point
Bethany bakery waking up the neighborhood. ~ Coastal Point
A friend of ours opens a new store on Route 26...
White Orchid Interiors, located on Route 26, 2 miles west of the Route 1, is the newest look in coastal interior design offering an organic, eclectic collection of fine home accents with an emphasis on eco-friendly decor. Featuring reclaimed woods, metals, designer pillows and natural linens, in addition to lamps, luxury bedding, local artwork, and fine home accents.
Services offered include; residential space planning, paint analysis, custom window treatments, wall coverings and in home design consultations.
83 Atlantic Avenue
Ocean View, DE 19970
302.541.4044
whiteorchid@verizon.net
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CONTACT
Leslie Kopp or Pam Adkins
The Leslie Kopp Group
Long & Foster Realtors, Inc.
33298 South Coastal Highway
Bethany Beach, DE 19930
Office: 800-851-8997
Leslie's Cell: 302-542-3917
Pam's Cell: 302-858-7997
http://www.bestofbethany.com
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LESLIE KOPP
Cell: 302-542-3917
Email: leslie@bestofbethany.com
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PAM ADKINS
Cell: 302-858-7997
Email: pam@bestofbethany.com
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