A Centreville estate with a 10-bedroom house, five rental properties and two barns on 152 acres has just been sold for $18 million. That’s a record for Delaware, according to Steve Crifasi, the listing agent with Christopher S. Patterson, both of Patterson-Schwartz Real Estate. “It’s drop-dead beautiful,” he told DelawareLive. “What makes the property so unique is that it is …
How’s the Del. housing market? Depends on who you talk to
My uncle, a resident of Bethany Beach, liked to say that people who lived at the beach talked about three things: real estate, the weather and where to eat. Here are a few interesting numbers to spark a conversation about real estate: • The Lewes area is Delaware’s hottest market in terms of rising prices, according to the real estate …
Delaware’s realty transfer tax to remain highest in nation
Delaware will remain the state with the highest realty transfer tax in the nation after a bill to decrease the tax died in the General Assembly. Introduced by Rep. Bill Bush, D-Dover, House Bill 358 would have cut the tax from 4% of a property’s sale price to 3% — the level it was at prior to 2017 when the …
Bill to lower realty transfer tax sails through House committee
A bill to decrease Delaware’s realty transfer tax from 4% to 3% was released from the House Administration Committee Wednesday. Introduced by Rep. Bill Bush, D-Dover, House Bill 358 would make law of something Rep. Mike Ramone, R-Pike Creek South, has been preaching for years: reducing the cost of Delaware’s real estate transfer tax after it was increased during financially …