Category: Residential Real Estate

Sale of Old New Castle estate would benefit Sunday Breakfast Mission

By Sam Waltz Proceeds from the hoped-for sale of a $650,000 Old New Castle estate home donated to the Sunday Breakfast Mission this year are targeted to help fund a culinary arts program for those helped by Mission, many of them homeless, some in recovery or re-entry from incarceration. The Rev. Thomas Laymon, president of…

Historic Tavern, Train Station and Residences Location: On the New Castle County side of Rising Sun Lane, near Tower Hill School Asking price: $699,000 Size: Two parcels — 0.24 acres with three buildings and 0.12 acre with one building Setting: Near Tower Hill School. Walking distance to the Brandywine River. Properties once were part of…

Energize Delaware spreads the word about energy efficiency

Tony DePrima may be his own best marketing tool.  After a restart of the Delaware Sustainable Energy Utility (DESEU) in 2013, the executive director has been making rounds to promote the initiatives under its Energize Delaware banner. “I’ve done everything from church basement meetings to local government and rotary talks,” said DePrima. And he has…

Walkability and connectivity at the center of The Town of Whitehall

By Christi Milligan In an era when suburban sprawl has distanced the American Dream from the town square, a trio of developers is banking on a hunger to return to connected, small-town living. The Town of Whitehall, located on a rural stretch of northeast Middletown, is a mixed-use development that will feature a walkable community…

Consumer attitudes about the housing market showed marked improvement last month, according to results from Fannie Mae’s May 2015 National Housing Survey™. In line with the positive May jobs report showing an acceleration in average hourly earnings, the share of survey respondents reporting a significant increase in their household income climbed 4 percentage points to…

Housing Development Corporation MidAtlantic, developers of The Flats in Wilmington, is opening a new office location in Wilmington. Company President Michael R. Carper said the office at 1201 N. Orange St., Suite 7500, will serve a hub for the Lancaster, Pa. company’s expansion into Delaware. HDC MidAtlanti’s property management portfolio includes developments in Dover, Smyrna…

WASHINGTON (AP) — U.S. homebuilders ramped up construction in April to the fastest pace in nearly seven-and-a-half years, hinting at newfound momentum for an economy that has struggled in recent months. The Commerce Department said Tuesday that housing starts last month increased 20.2 percent to a seasonally adjusted annual rate of 1.14 million homes. That…