A
classic Atlantic state, Delaware is known for beaches
and towns on the Atlantic Ocean. Delaware real estate
prices aren’t bad and appreciation is excellent.
Delaware
Delaware is a state with a lot of coastline. When you
think of wind swept beaches on the Atlantic Ocean,
you’re thinking of Delaware. The beach areas come in a
variety of forms with sleepy little villages, laid back
resorts and energized tourist areas. Much of the state
is within a few hours of the major cities of
Philadelphia, Baltimore and Washington, D.C.
Wilmington
Wilmington is a mid-sized city, but the largest in
Delaware. Not the most striking of cities, Wilmington is
a bit schizophrenic. Parts of the town are dreary and
industrial while others contain pleasant parks and
walking areas. In the pleasant areas, you’ll find brick
paved walkways with little cafés on streets lined with
trees. Wilmington is, however, a good launching spot for
most of Delaware, which makes for good weekend getaways.
Rehoboth Beach
Rehoboth Beach is the major tourist beach area of
Delaware. As with most touristy beach areas, the place
is packed with businesses catering to out of town
visitors. Wall to wall hotels line the boardwalk for
Rehoboth and malls seem to be springing up everywhere.
Still, the area isn’t a bad residential area due to the
seasonal nature of the tourism business. The tourists
flock to the area in the summer, but the remainder of
the year is fairly quiet.
Delaware Real Estate
Delaware real estate prices fall all over the board and
are primarily dependent on how close the location is to
the popular beaches. Homes in Wilmington will run
$370,000 on average, while locations in other inland
areas are much less. Homes in the beach areas like
Rehoboth can be much more, but depend on the quality of
the home. On average, the appreciation rate for Delaware
real estate was over 16 percent for 2005.
Raynor
James is with
http://www.fsboamerica.org - FSBO homes for sale by
owner. Visit our "sell my home" page at
http://www.fsboamerica.org/seller.cfm to sell your
own home yourself with a free 1 month listing.
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