Delaware Beach Homes

New Federal Laws No Longer Require Sellers to Compensate the Buyer’s Agent.

The selling of Delaware beach homes continues to hold despite the current interest rates. The proximity of Rehoboth Beach to major metropolitan areas such as Washington, Philadelphia, Baltimore, and its easy 2-hour driving distance make it a perfect weekend getaway. The low property taxes and tax-free shopping make it a popular destination. Retirees keep moving into Sussex County, making it one of the top retirement areas of the country. Delaware beach homes are being eyed by the investor looking to retire in the next few years, and there has not been a better time to buy than now!! Low interest rates, coupled with lower prices, keep the Delaware beach homes selling. The high rental income received due to its proximity to the coast keeps investors searching for that property they can utilize and rent out to sometimes break even or even profit. Rehoboth Beach, DE, Homes for Sale vary in style and architecture. There are small bungalows to 5000 square ft. mansions. The closer to the sands of the Atlantic Ocean and the boardwalk, the higher the price tag.

The major division lines of price differentials are as follows:

East Of Route 1…  The closer to the Atlantic Ocean the more valuable your land. Route 1 parallels the Atlantic Ocean From Lewes up north and Fenwick Island in the southern part of the state.

Route 1 and 113. …This area includes the Delaware back bays and land prices are lower than east of 1. Many Farms dot this area

Route 113 and 13…. This area is primarily Farm land with small towns and much lower housing prices.