Category: Residential Real Estate

In residential real estate, boomers still own the home market

By Kathy Canavan Special to Delaware Business Times When baby boomers who answered a recent national housing survey were asked when they planned to move out of their homes, 61 percent replied “never.” Boomers own 32 percent of Delaware’s owner-occupied homes. With boomers aging in place and the Gen X and millennial generations both shopping…

Quaker Hill celebrates its past and future

By Christine Facciolo Special to Delaware Business Times Bayard Marin likes to draw comparisons between himself and Founding Father John Dickinson. Both boast connections to London’s Middle Temple. Both have a scholarly interest in the concept of due process and the administration of justice. And both spend a lot of time in Quaker Hill: Marin…

By Ken Mammarella Special to Delaware Business Times Mike Davis, the late chief estimator for Diamond Materials, LLC, is the first posthumous winner of the Delaware Contractors Association Lifetime Achievement Award. The association announced the winner Wednesday night at its 49th annual meeting inside the Chase Center on the Riverfront in Wilmington. He was honored…

On Thursday, October 11, Carl M. Freeman Companies hosted a ribbon cutting with the Bethany-Fenwick Area Chamber of Commerce to celebrate the opening of the Delaware division’s new office space located in the Bear Trap Dunes Marketplace in Ocean View. Operating for over 70 years, Carl M. Freeman Companies have never had a permanent residence…

(AP) — Ocean views have sparked dueling lawsuits concerning a posh Delaware beach neighborhood. The News Journal reports that Louis Capano III wants to build a four-story home for himself complete with a roof-covered deck that his neighbor, John Griffin, says will block his view of the ocean. The contention lies with the Draper Subdivision…

(AP) — A Delaware mayor’s proposal targeting vacant and blighted properties has again been stalled, by a city council committee. The News Journal reports that Wilmington’s Community Development & Urban Planning Committee on Thursday decided to hold the legislation from going before the full council. Following comment from many members of the public who spoke…

HGTV raises expectations of Delaware home owners

By Kathy Canavan Special to Delaware Business Times More than two dozen HGTV shows draw millions of viewers nightly — “Property Brothers,” “Listed Sisters,” “Fixer Upper,” “Love It or List It,” “House Hunters,” even “Tiny House Hunters.” The splashy TV do-overs create ripples in Delaware’s real estate market. Charles Renschler of Mann and Sons in…

The Delaware Prosperity Partnership recently released an online portal, called Zoom Prospector, designed to help companies find information about developments available in Delaware. The site is powered by a geographic information system (GIS) technology and incorporates multiple layers of data, including demographic, site and building specifications and labor and business resources. “We make it easy for…

  Pearl Oyster Grill is coming to Downs Hotel & Casino with a ribbon cutting on September 12 at 4 p.m. The seafood eatery will bring 60-80 jobs to Central Delaware, which the company attributes to the recent passage of casino relief legislation by the Delaware Legislature. “We are excited to open Pearl Oyster Grill.…