I’m a news junkie and CNBC, CNN or NPR is always my background.  I get really angry when I hear the talking heads spout the doom and gloom with such certainty. What real estate market are they talking about? Not the local market here in Coastal Delaware. All real estate is local! I am so busy I cannot keep up with all of the new people contacting me about relocating to Coastal Delaware. I am one of those people who believes that an immediate response is the only good response, but unless I can clone myself, I just can’t do it!

Here are some facts:

  • Sussex County sales were up 20% in July/August compared to the same time last yearSales increased 20% over last year
  • Baby Boomers will be retiring for the next 10-20 years and they are moving to Coastal Delaware from New York, New Jersey, Pennsylvania, Maryland, Virginia, DC, and even Connecticut, Rhode Island and other Northeastern states.
  • In August 2010, Schell Brothers, our most successful local builder, just tied their best sales month ever! As other builders have abandoned projects, they have taken over several communities. (more…)