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Rehoboth Real Estate News

28Oct

Think Now is not a good time to buy... Think again

If you are thinking of relocating or buying that second home at the beach, what are you waiting for?

With mortgage rates at record lows, home prices seemingly tailor made for buyers and motivated sellers looking to close before winter creeps in, now is the perfect time to purchase your new home.

Why not hit the beach this fall and make your summer dreams come true!!!

See you at the beach,

Lee Ann

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, Beach Homes, Delaware Retirement Communities, Home Mortgage Information, Lewes, Local News and Information, National Real Estate News, October, Prudential Gallo News, Rehoboth, Lewes Real Estate News, Lewes Wind Power Controversy

01Aug

Kathy & Hoda come to Rehoboth!

Did you know Kathy Lee owns a home in Rehoboth? She has always frequented the area, especially since she grew up here. Her co-host, Hoda, also has a family summer home here.

Recently the two women visited and brought along their show! Check out the video here. Pretty cool having mini-celebrities here, huh?!

-Lee Ann

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, Beach Homes, July, National Real Estate News, Rehoboth

01Aug

Make an offer - Wolfe Pointe!

This is an amazing lot in Wolfe Pointe and the owner is looking for an offer - Don't be shy, bring us an offer!

Call me for more info today (302) 645-6664

-Lee Ann

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, July, Lewes, Prudential Gallo News, Lewes Real Estate News

28Jul

OPEN HOUSE ~ OPEN HOUSE!

We're having an open house Saturday, July 30th from 12-3pm at the wonderful waterfront home: 33 White Oak Road in the Rehoboth Beach Yacht & Country Club.

I hope to see you there! Need directions? Please don't hesitate to call (302) 645-6664.

-Lee Ann

Posted in Rehoboth Real Estate News, Advice for Home Buyers, America's Best Beach Towns, Beach Homes, July, Prudential Gallo News, Rehoboth

26Jul

Your Invited to a Grand Event!

We're hosting an open house in The Peninsula. An award winning, high-end community in Millsboro, Delaware.

This event will be held August 6, 2011 from 12-3pm with a meet and greet from 3-4pm. A flyer with details of the event may be viewed here.

Hope to see you there!

-Lee Ann

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, Beach Homes, July, Lewes, Local News and Information, Rehoboth, Lewes Real Estate News

11Jul

Lee Ann is a Delaware Today Five Star award winner again!

For a second year in a row, Lee Ann Wilkinson has been awarded the Five Star Real Estate Agent award by Delaware Today magazine!

The agents who receive the award are selected based on service, overall customer satisfaction and industry experts. Fewer than 7% of DE agents receive the award. Keep an eye out for the November issue of DE Today, where she will be listed among the other professionals chosen.

Looking to work with our award-winning team? Just give us a call (302) 645-6664

Posted in Rehoboth Real Estate News, July, Lewes, Local News and Information, National Real Estate News, Prudential Gallo News, Lewes Real Estate News

29Jun

DE has the Best Beach Water Quality in the US

WOW! The NRDC (Natural Resources Defense Council) has rated Rehoboth and Dewey Beach as two of the top cleanest beach water sites in the country! This is an amazing honor, especially wonderful since only four beaches nationwide earned the honor.

Consideration for the award is based on five factors: water quality in 2010; water quality overall for the past 3 years; frequency of testing; issuing advisories and posting closings (if needed).

The locals take a great deal of care to keep the beaches safe, clean and fun. In fact, Prudential Gallo holds an annual beach-cleanup day, where this past May I rolled up my sleeves, along with members of The Lee Ann Wilkinson Group, to do our part. It's a rewarding experience.

And the news gets better! For 3 consecutive years, we’ve had the cleanest beach water in the US. The EPA reports on beaches nationwide. Find out all about your beach here. The Natural Resources Defense Council’s website provides a quick look at Americas most popular beaches and their five-factor ratings.  The ‘Best and Worst Beach Water Quality’ article can be found here.

So, as we (quickly) approach the 4th of July, I wish your family nothing but fun in the sun on Lewes and Rehoboth Beach.

All the best,

Lee Ann

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, Beach Homes, June, Lewes, Local News and Information, National Real Estate News, Rehoboth, Lewes Real Estate News

13Jun

Sussex County Delaware Demographics

The Sussex County Delaware demographics are here! The county just released the June stats and they are pretty interesting: Did you know that in 2010, 42% of home owners in Sussex County own their home outright (no mortgage). Kudos to them!

Additionally, the sales volume of homes in the county has risen in the past year. The report points toward stabilization in Sussex. Check out the full Sussex County Demographics report.

Best,

Lee Ann

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, Beach Homes, Delaware Retirement Communities, June, Lewes, Local News and Information, National Real Estate News, Lewes Real Estate News

31May

Party in the Park!

Welcome Summer

Well, Memorial Day has passed and our little town is in full-swing.  Today, May 31st, happens to be the first day of 'Lewes' Summer Concert Series;’ an outdoor concert each week. Check out the line-up for both Rehoboth and Lewes' concerts here. Enjoy, be safe and have fun! I'm sure I'll see you around town :)

Lee Ann

Posted in Rehoboth Real Estate News, June, Lewes, Local News and Information, Rehoboth, Lewes Real Estate News

26Apr

Prudential Convention March 2011

I recently attended the Prudential Real Estate Convention in San Diego, CA, March 6-8, 2011 to catch up on industry news and to receive the award for being a top performer in the Southeastern region for Prudential.

Guest speakers at the convention were Sean and Leigh Anne Tuohy, the parents who inspired The Blind Side movie. They told their story, welcomed others’ and shared their hopes of having every Prudential agent make an impact within their community.

Their speech happily reminded me of the success and accolade that go along with being a Prudential Gallo REALTORS® agent. Prudential Gallo takes great pride in its community roots. In fact, they launched a new marketing program, Community minded, Customer Focused, which emphasizes the importance of family, life in Sussex County and having a place to call home…Something I embrace whole-heartedly when it comes to Lewes.

Overall, I left the convention with a renewed sense of purpose and am looking forward to (an already) productive 2011!

Check out the great photo of Carrie Gentile and I with Sean and Leigh Anne

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Posted in Rehoboth Real Estate News, Local News and Information, March, National Real Estate News, Prudential Gallo News, Lewes Real Estate News

20Apr

Ken Burns coming to DE!

April 28 from 1:45p-2:45p in historic Old New Castle

Renowned film maker Ken Burns will be coming to Delaware to receive the Delaware History Makers Award from the Delaware Historical Society on April 28. Mr. Burns will be arriving in Delaware that morning and has agreed to participate in a press event to highlight the need for Delaware to have a national park.  As you know, the Delaware Congressional Delegation introduced historic legislation to authorize the creation of a national park in Delaware – the First State National Historical Park Act of 2011 in February.  

Senator Thomas Carper’s office plans to host a short, 30 minute press conference at the New Castle Courthouse (which is the proposed headquarters for the First State National Historic Park) from 1:45-2:15p followed by a 30 minute tour.   Folks from the Park Service, local stakeholders, etc will all be invited to attend the event and go on the tour as well. 

The Senator’s office hopes that you will be able to join them at this historic event!

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Local News and Information, National Real Estate News, Prudential Gallo News, April, Lewes Real Estate News

13Apr

6 OPEN HOUSES' ON 4/23 12-3PM

Don't make plans for Sat, April 23, 2011!

We will be holding 6 open houses' in Lewes, DE from 12-3pm that day. Bring your friends, bring your family....

4 Delmar Avenue

412 Mulberry

320 Pilottown Road

114 Coleman Avenue

431 Kings Highway

4 Dunes Terrace

Need directions or more information? Call anytime (302) 645-6664

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, Delaware Retirement Communities, Lewes, Local News and Information, Rehoboth, April, Lewes Real Estate News

21Feb

Delaware Today: Lewes Beach Delaware is the Number 1 town to live in!

I was reading Delaware Today last night and was pleasantly surprised when I happened on page 60, Delaware Today's 'Best Places to Live: 35 Great towns, How does yours rate?' Lewes Beach Delaware is number one!

Yeah, our sweet little town has won the hearts of the locals and embodies its slogan "The first town in the first state". I am so proud to call it home. The article provides a quick overview of several categories rated by locals; a few are: Safety, Commute time, Shopping/Dining and Arts & Culture. While they rate on a few different scales, I'd of course give our town top-honors for everything...there really is so much to do here. From the Kite Festival in the Spring to the Christmas Parade in town. In fact, you can find out more about Lewes events and the Delaware Today article here. Thinking about buying or selling in the first town, in the first state? Just drop me a line at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 302-645-6664.

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Advice for Home Sellers, Advice for Sellers, America's Best Beach Towns, Beach Homes, Delaware Retirement Communities, Lewes, Local News and Information, National Real Estate News, Prudential Gallo News, Lewes Real Estate News

13Feb

30-year Loan Rates go up to 5 percent

30-year fixed Home Loan Rates are now at 5%. Below is a great article from Realtor.com with the highlights:

The 30-year fixed-rate mortgage inched above 5 percent this week, rising to its highest level since the last week in April 2010, and continuing its steady climb upward the last few weeks.

The 30-year rate averaged 5.05 percent this week, up from 4.81 percent the week prior, according to Freddie Mac’s weekly mortgage market survey. Last year at this time, 30-year rates averaged 4.97 percent.

Here’s how other rates fared for the week:

▪ 15-year fixed rates: averaging 4.29 percent this week, up from 4.08 percent last week.
▪ 5-year, adjustable-rate mortgage: averaging 3.92 percent this week, up slightly from 3.69 last week.
▪ 1-year, adjustable-rate mortgage: averaging 3.35 percent, up from 3.26 percent last week.

"Long-term bond yields jumped on positive economic data reports, which placed upward pressure on mortgage rates this week,” says Frank Nothaft, Freddie Mac’s chief economist.

Meanwhile, earlier this week, the Mortgage Bankers Association announced a drop in the number of people applying for a mortgage as rates continued to rise.

MBA’s overall mortgage application index dropped 5.5 percent from last week. The refinance index fell 7.7 purchase from last week, and refis made up two-thirds of the mortgage activity last week--the lowest share since May 2010.

Source: “30-Year Fixed-Rate Mortgage Rates Rise to 5.05 Percent, Highest Level Since April 2010,” Freddie Mac (Feb. 10, 2011) and “Fewer People Applied for a Mortgage Last Week as Rates Increased on Better Economic Data,” Associated Press (Feb. 9, 2011)"

What do you think about the rate increase?

Posted in Rehoboth Real Estate News, Advice for Home Buyers, Beach Homes, February, Home Mortgage Information, Lewes, Local News and Information, National Real Estate News, Lewes Real Estate News