Delaware Real Estate - Living On The Water
By Raynor James, Fri Dec 9th
A classic Atlantic state, Delaware is known for beaches andtowns on the Atlantic Ocean. Delaware real estate prices aren'tbad and appreciation is excellent.
Delaware
Delaware is a state with a lot of coastline. When you think ofwind swept beaches on the Atlantic Ocean, you're thinking ofDelaware. The beach areas come in a variety of forms with sleepylittle villages, laid back resorts and energized tourist areas.Much
of the state is within a few hours of the major cities ofPhiladelphia, Baltimore and Washington, D.C.
Wilmington
Wilmington is a mid-sized city, but the largest in Delaware. Notthe most striking of cities, Wilmington is a bit schizophrenic.Parts of the town are dreary and industrial while others containpleasant parks and walking areas. In the pleasant areas, you'llfind brick paved walkways with little cafés on streets linedwith trees. Wilmington is, however, a good launching spot formost of Delaware, which makes for good weekend getaways.
Rehoboth Beach
Rehoboth Beach is the major tourist beach area of Delaware. Aswith most touristy beach areas, the place is packed withbusinesses catering to out of town visitors. Wall to wall hotelsline the boardwalk for Rehoboth and malls seem to be springingup everywhere. Still, the area isn't a bad residential area dueto the seasonal nature of the tourism business. The touristsflock to the area in the summer, but the remainder of the yearis fairly quiet.
Delaware Real Estate
Delaware real estate prices fall all over the board and areprimarily dependent on how close the location is to the popularbeaches. Homes in Wilmington will run $370,000 on average, whilelocations in other inland areas are much less. Homes in thebeach areas like Rehoboth can be much more, but depend on thequality of the home. On average, the appreciation rate forDelaware real estate was over 16 percent for 2005.
About the author:Raynor James is with http://www.fsboamerica.org - FSBO homes forsale by owner. Visit our "sell my home" page athttp://www.fsboamerica.org/seller.cfm to sell your home yourselfwith a free 1 month listing.
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