Rehoboth Beach Seal of Approval

A Seal in Rehoboth Beach DE

Seal in Rehoboth Beach DE March 31 2011

Seal in Rehoboth Beach DE March 31 2011

My family and I live on the water in the community of Seabreeze in Rehoboth Beach overlooking the Rehoboth Bay and Dewey Beach.  Imagine my surprise when I woke up this morning to find a 150+ lb seal on my neighbors jet ski dry dock.  This seal has been here now for two days and I’ve taken dozens of photos and video clips of him/her that you can view on my Facebook profile.

After some quick research online it appears we have an adult Harp Seal.  The research I did said it could be one of three varieties commonly found on the eastern coast of the united states, either Harbor, Grey or Harp.  From browsing 100’s of photos ours appears to look significantly more like a harp seal than a harbor or grey.

Written by Mike in: Uncategorized |

Short Sales: What to Offer.

Past events can be a good indicator of what the future may have in store.

Our MLS is slightly flawed and please take these numbers with a grain of salt. According to the Sussex County MLS only 12 Short Sales have made it to settlement this year in all of Sussex County. (Jan 1 – Aug 7 2010)

The Sussex County MLS is  showing 130 current Active/Available Short Sales.

What do we see when we compare Short Sale List Price to Short Sale Sales Price?
We find that the banks are more stingy than private home sellers.

The average private party seller is selling for about 9% below asking price, the banks on average are only taking a little more than 2% off the asking price. Add to that the fact that nearly half of the short sales were at 100% of the asking price and you will see there is significantly more bargaining room when dealing with a private seller.

Sussex County Delaware Short Sales

Sussex County Delaware SOLD Short Sales Jan 1 2010 - Aug 7 2010


Significant Sales July | 2009

36 PINE REACH Henlopen Acres Rehoboth Beach Delaware.  4BR/3BA.  Charming & Classic Rehoboth Beach Home in the Esteemed Henlopen Acres!  MLS# 562752 Asking Price $1,695,000 Sold for $1,480,417

8 FARVIEW ROAD. North Shores, Rehoboth Beach Delaware 5BR/3BA located less than a block from the Beach. MLS# 563884 Asking Price $1,499,000 Sold for $1,335,000

125 HICKMAN STREET Rehoboth Beach Delaware 3BR/2BA. 2 Block to the Ocean. MLS# 568240 Asking Price $999,000 Sold for $900,000

Written by Mike in: Significant Sales,Uncategorized |

Broadkill Beach price slashed. Bank says “Sell it quick”

Best Deal in Broadkill

——-SOLD ——

I loved this house at $695,000, I thought it was a steal at $599,000.  At $525,000 I called all of my friends to tell them about it and now its hit $475,000

MLS#558063 was built in 2006 and was only used occasionally. The house still smells new.

With an elevator, granite countertops, bamboo floors and stainless steel appliances this house is maxed out with options, add to that the fact that it has views of both the Delaware Bay and Primehook national wildlife refuge and you have almost everything you could want in a beach house.

For more details please click the following link: Broadkill Beach Real Estate

Written by Mike in: Uncategorized |

Short Sale and Price Reduction in Canal Corkran

16 Wades Court in Canal Corkran,  Rehoboth Beach  was lowered from $1,049,000 to $899,000 today.
This is a 4800 square foot home. You can view some of the details at the following link:
Canal Corkran Short Sale

Please call me for additional information or to set up an appointment to view this home.

302 258 4368

Written by Mike in: Uncategorized |

Major Price Reductions at Paynter’s Mill

Immediate delivery on new 2BR/2BA 1st and 2nd floor condos with a garage.

Paynter’s Mill is a residential planned Ocean Atlantic community located on the border of Milton & Lewes Delaware.  Located 5 miles from downtown Lewes, 8 miles from downtown Rehoboth Beach, 4 miles from historic Milton and 4 miles from the Tanger Outlets TAX FREE shopping.  Paynter’s Mill is perfectly located close to all area beaches and attractions yet right outside of the traffic and congestion of Route 1, Coastal Highway.  Paynter’s Mill is a recently completed community and boasts meticulously manicured open spaces with hundreds of trees and several ponds with fountains.  Amenities include a Clubhouse with exercise rooms, gathering space, a 75’ outdoor swimming pool, children’s playground, sand volleyball court, basketball court, tennis, horseshoes, ¼ mile lap track and almost 2 miles of walking/jogging paths complete with exercise stations.  Paynter’s Mill shops are just a stroll away for you to enjoy a meal at The Corner Market Bistro or Kindle Restaurant.  More stores coming soon.

The available  models in Paynters Mill are similar to this one Paynters Mill Condo

1206  2nd Fl 2br/2bth/1car $249,900 reduced to  $234,900 Now $199,900
506    2nd Fl 2br/2bth/1car $265,900 reduced to $249,900 Now $214,900
1102  1st Fl  2Br/2bth/2car $299,900 reduced to $284,900 Now $249,900
504    2nd Fl 2Br/2bth/2car $308,900 reduced to $289,900 Now $249,900
502    1st Fl  2Br/2bth/2car $312,900 reduced to $297,900 Now $259,900
102    1st Fl  2Br/2bth/2car $349,900 reduced to $319,900 Now $279,900

Written by Mike in: Uncategorized |

Which Homes will sell first?

I’ve been playing around with the idea of creating a real estate game called “Which home will sell first”

Over the next week or two I will be working on creating a way for readers to vote on their choices.
What good is a game without a prize? I’ll probably offer gift certificates to local restaurants like Big Fish Grill and the Summerhouse.

I personally believe the following homes will be the next to sell in the following communities:

Holland Glade 5 Glade Farm Drive priced at $439.000

RBYCC 3 Coventry Road priced at $429,000 $399,000 updated July 1st 2009

Holland Glade

I’m a big fan of buying the lowest priced home in a nice community. The Glade,  aka “Holland Glade”  is a incredible Rehoboth Beach community located East of Rt. One and less than a 5 minute drive to the boardwalk.  HOA fees are a little high at $ 1200+- a year but this is a community with nice landscaping, beautiful community pool, playground and  community center.  Currently prices for  homes in the community are as high as $1.9M

Currently (May 28 2009) there are 23 listings for sale in Holland Glade.

Rehoboth Beach Yacht and Country Club

Prices in The Country Club range from a low of $399,900 to over $6 Million.

My choice in the Country Club is  3 Coventry Road at $429,000

Currently (May 28 2009) there are 61 listings for sale in the Rehoboth Beach Yacht and Country Club

Written by Mike in: Uncategorized |

Port Lewes Delaware Waterfront Community

Here we have a video of sunrise over the Delaware Bay taken from the townhome community “Port Lewes”

The bay front townhouse community of Port Lewes features 120 three story units with 3 bedrooms and 2 1/2 baths. The community is a short walk from both Cape Henlopen State Park and Lewes public beach. Port Lewes amenities include a private beach, small boat storage area, fishing pier, tennis courts, and a community pool. Parking space for two cars is located below each unit. Most of the homes have an outdoor shower and decks on both the front and back of the unit.

Prices traditionally range from the mid $500,000’s – $900,000 depending on the views.

Give me a call if you would like to see any of the available units in person.

Mike Brown 302 258 4368

Written by Mike in: Uncategorized |

Not your typical BS, Buy this house!

Realtors are always saying “the time to buy is now”

Well, this time it may actually be true. This is  honestly an incredible price.

33011 Mooring Cove Millsboro, DE 19966

The Peninsula
Single Family Home Built In 2005

  • 4 Bed / 3.5 Bath
  • 3,075 sqft

Originally settled for $592,000 in 2005 – NOW LISTED AT $399,000 for a 30 day settlement.

MLS #564000  Click this link to learn more about The Peninsula

This is not my listing but it is a pehenominal deal.

Offer is subject to 3rd party approval.

Written by Mike in: Uncategorized |

The new BWBEACH.com Two years in the making.

Welcome to the NEW BWBEACH.com

Bwbeach.com had been around for an eternity in web years and the site was really showing it’s age. It was time for a complete makeover….

I originally built the site with Microsoft Front Page back in 2004.
More info to come soon…

Written by admin in: Uncategorized |

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