Category: Residential Real Estate

Brad Riedle, a Realtor with Keller Williams Realty, has been installed as the 2019 president of the 4,000-member Delaware Association of Realtors (DAR). The event took place January 11 at Victoria’s Restaurant at the Boardwalk Plaza Hotel in Rehoboth Beach, Delaware, and included the installation of the organization’s 2019 officers and directors. As president, Riedle…

The D2 Organization received Preliminary Plan Approval from the Sussex County Planning & Zoning Commission for a subdivision along New Road in Lewes, DE. The subdivision, known as Tower Hill, will include 292 single-family units on the 134-acre parcel. D2 is acquiring the property from the Groome United Methodist Church. Church officials plan to use…

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…