What is the feeling about Bethany Lakes? Besides the short sales, why do houses sit on the market for years there? It seems like such a nice place!

Asked by Tachiebluebird, Bethany Beach, DE Mon May 17, 2010

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Tue May 18, 2010
Bethany Lakes is a very nice community - great location and nice houses. The reason several of the homes have sat on the market for a long time is that they are over-priced. It's really that simple. Homes that are priced correctly are moving in the Bethan Beach area.
Web Reference:  http://www.sjbaxter.com
1 vote
TheOldfather…, Agent, Rehoboth Beach, DE
Sun Dec 30, 2012
Beautiful community. Just subject to the market correction like every home in Delaware. Worth a second look if you haven't found something. The market is shifting...

Warm Regards,

Dustin & Mariya
0 votes
tim zito, , Bethany Beach, DE
Thu Jun 10, 2010
As everyone else has mentioned, Bethany Lakes is a very nice community. Some of the home prices are not in line with the current market and buyers price point. Some sellers are still in a position of owing more than the current market value for their homes. I don't hesitate to give my buyers advice on what I feel is the best price for the home and will help negotiate to that price point for them.

I'd love to help you in any way that I can if you would like any further advice.
Web Reference:  http://www.RhondaFrick.com
0 votes
Chris Kavana…, Agent, Bethany Beach, DE
Tue May 18, 2010
Sales in Bethany Lakes have been above average for the area considering the market conditions. In the last 12 months 6 homes have sold and presently there are 7 homes on the market.

Chris Kavanagh REALTOR
Coldwell Banker Residential Brokerage
Bethany Beach, De. 19930
0 votes
Brendan Crot…, Agent, Bethany Beach, DE
Mon May 17, 2010

Bethany Lakes is a very nice community. There are many beautiful communities in the area with short sales and homes that sit on the market for a long while. Right now interest rates are historically low, prices are great and you have a large inventory to choose from. Please contact me directly to discuss particular homes.

Thank you,

Brendan Garfield Crotty

(302) 858 - 3234

President Southern Sussex Rotary

E-mail: Brendan@BrendanGarfieldCrotty.com

Website: http://www.BrendanGarfieldCrotty.com

ResortQuest Real Estate
(302) 541 - 8778
(302) 539 - 8600
33012 Coastal Highway
Bethany Beach, DE 19930
0 votes
Steve Morgan…, , Bethany Beach, DE
Mon May 17, 2010
It is a very nice place just maybe the market timing when people bought and have to wait to sell at particular price - i have several friends and others i know who live in there - plus provided financing for purchases and refi's too. Contact me and I will share a strategy on making right offer that provides the best financing at below market rates. It will save you money at settlement and each month! Check my me out http://www.steve-morgan.com or on the http://www.bethanycam.com

Steve Morgan
Web Reference:  http://www.steve-morgan.com
0 votes
Bill Eckler, Agent, Venice, FL
Mon May 17, 2010

Bethany Lakes is not different than any other area that is struggling with the economy. You'll find that different areas of the country are not immune to what has been happening with the economy and real estate.

The fact that an area is a nice location does not change the outcome.....actually it may minimize the effect that other areas are feeling the full force of.....It's all relative.

Our recommendation is to consider the full picture, taking into consideration other locations and then view your target location. It may not seem as bad as it did originally.
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