Category: Residential Real Estate

(AP) — Proposed rent increases at a mobile home community on Delaware’s Rehoboth Bay are exposing ambiguities in a state law designed to regulate the relationship between homeowners and their landlord. The News Journal reports arbitration hearings are scheduled for next month on proposed rent increases at the Rehoboth Bay mobile home park. Residents are…

(AP) — A Delaware mayor’s proposal to impose liens and sheriff sales on vacant and blighted properties has stalled. The News Journal of Wilmington reports that Mayor Mike Purzycki’s proposal failed to advance on Monday, as Wilmington City Council members and residents expressed concerns. Members voted to hold the legislation for further deliberation. The legislation would convert…

(AP) — A Delaware man says he’s the victim of a so-called “home takeover” scam. The News Journal reports that Alexander Pratt lived in a Wilmington house for 10 months with his fiancee and son before being locked out. He’ll be forced to retrieve his belongings next week. Pratt said the man he thought was…

The Welfare Foundation has stepped away from the planned Whitehall development in New Castle County. The 87-year-old nonprofit announced it will refocus on its core mission of charitable giving. EDiS Company and Eastern States Development Company will continue with the Whitehall development. “We are thrilled to continue the dream that is Whitehall and that we…

Wilmington Mayor Mike Purzycki today proposed a series of ordinances to help reduce blight caused by vacant and neglected properties. The four bills would: shift the enforcement of housing code requirements from criminal to civil strengthen the Vacant Property Registration Fee Program strengthen the Nuisance Property Program simplify the residential rental license fee permit the…

The Statewide Emergency Repair Program, which supports urgent home improvement projects, has won national recognition from the National Council of State Housing Agencies with a 2017 Annual Award for Program Excellence. The state program assists in cases where a home repair issue presents immediate health or safety threats, such as plumping, electrical and roof repairs. “We…

The tight housing inventory is creating stiff competition for homes and driving up prices in many markets, according to a Berkshire Hathaway Home Services survey. About 71 percent of prospective homeowners – mostly millennials – said now is a good time to buy a home, but 72 percent say home buying has become increasingly competitive…

The towering smokestack at the former Bancroft Mills site on the Brandywine River crumbled in a planned implosion yesterday morning. Buccini Pollin Group, which owns the property, received the City permit to conduct the demolition last week. The development group plans build a 350-apartment complex on the site of the former mill, which employed many resident…

The uptick in household renovations and subsidies offered for residential construction will be a boon for the windows and doors market, according to Delaware-based Global Market Insights. The increasing demand for energy-efficient products will support industry growth, and subsidies and the building surge will grow the windows and doors market to $211 billion by 2024,…

Downtown districts in Dover, Georgetown, Harrington, Laurel, Milford, Seaford, Smyrna and Wilmington now have a chance to get state funds for property investments. The Delaware State Housing Authority is accepting applications for its Downtown Development District Program now through December 15. The grant offers up to 20 percent rebates on property investments of more than…