Reported by Joyce Henderson, REALTOR, ABR, CRS, GRI, Associate Broker
Updated April 9, 2012.
Current Market Rating: 2
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Current Price Trend: 3
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North Bethany consists of gated communities featuring upscale single family homes. While it's still a buyer's market, the sellers play a key role in the North Bethany marketplace.
Well, 2011 is behind us and we're looking forward to an active, appreciating (albeit it slowly) marketplace. Year-end statistics were encouraging . . . 2010 saw 9 homes sell with final sales prices ranging from $1,010,000 to $3,500,000. While 2011 concluded the year with 14 sales ranging from $1,000,000 to $5,150,000. You can draw your own conclusions, but I'm viewing these statistics as a positive change.
The first quarter of 2012 has shown an increase in activity and consumer confidence with 4 properties under contract.
So don't let the doom and gloom media discourage you. The general public tends to view the real estate market as a whole. But not all markets perform the same - real estate is local. And vacation properties are a whole different category.
As with any real estate purchase, the best assurance for a good investment is acquiring an education about the area, researching and hiring a qualified expert to guide you through the transaction . . . and that's where I come in. I've been in this marketplace for over 20 years and know the area, the market trends and everything else you'll need for a smooth buying or selling process.
ZIP Code: 19930 Approximate Location Boundaries: Bordered on the east by the Atlantic Ocean and on the west by the bay, plus miles of state-owned parkland create an ideal setting for your vacation get-away
Location Characteristics: North Bethany offers a relaxing coastal resort lifestyle with miles of beautiful, uncrowded clean beaches. Large, lavish homes within gated communities offer privacy and security. Ideally located between Rehoboth to the north and Ocean City, MD to the south, you can enjoy all that the areas have to offer or you can just relax and de-stress
About Joyce Henderson:
Being a real estate professional for over 20 years, I know one thing for sure . . . change is inevitable. Everyone changes, their needs change, their lives change. So, you need a Realtor who will change with you -- you need a Realtor for Life. That's how I visualize my role as a professional. I'm committed to providing clients with superior service and believe that honesty, integrity, hard work and persistence are the key to a successful relationship.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
