Real Estate Blog

If you are planning on retiring soon, you may have considered the idea of moving into an active adult community. Brad Breeding of My Life Site, gives us some pros and cons of choosing to live in this type of community.

Not to be confused with a retirement home or assisted living, an active adult community is made of single-family homes, condos or townhomes that are owned by the resident with at least one member of the household being over a certain age (usually around 55 years old). Typically, these communities feature their own amenities in addition to be close to shopping, restaurants, attractions, etc. Low-maintenance or maintenance-free exteriors and common areas are the norm with interior upkeep being the responsibility of the homeowner. Active

Michael Rubin from The Balance talks about what you should consider for your retirement to get the most out of this time in your life.

While most people look forward to all of the new found free time that retirement brings, we’ve learned that the “honeymoon” period of retirement only lasts 6-9 months. After that time period retirees report feeling the urge to become more productive.

The first step is determining what you want out of your retirement. Consider what type of personality you have, what your favorite hobbies are and what brings the most joy. Studies have shown that retirees who keep busy with regularly scheduled activities tend to lead happier lives during retirement. Just like in all stages of life, keeping engaged can help with your

The Leslie Kopp Group of Long & Foster Real Estate has been named as one of the top real estate teams in the nation. The Bethany Beach, Delaware-based team ranked No. 182 nationwide out of 1.3 million agents nationwide by its 2018 sales volume, according to the annual REAL Trends’ The Thousand list.

Kopp, who has specialized in the sale of coastal properties since 1989, attributes her team’s success to always putting her clients’ interests first, which results in many referrals from previous transactions. “Our group is honored to be recognized as one of the top real estate groups in the country, and we’ve worked hard to achieve this level of success,” said Kopp. “This ranking shows that our group handles every transaction with excellent

Colby from The Washington Post shares why there is research backing the notion that living near the water (aka at the beach) can improve mental health.

You are not alone if your dreams of retirement include views of the water, your favorite beach chair and weekly trips to the sand and surf. That feeling of relaxation, fun and overall happiness that coastal life can bring is now backed by research as a contributing factor to improved mental health. Research from Michigan State University shows that people who lived near the water reported less psychological distress than the people that lived without water views. In this and other studies, it was found that while nature of the green variety (think forest or park) can be more desirable than urban areas,

If you are thinking of retiring soon and are wondering if Delaware might be right for you, let us share some insight from Jane Meggitt of ZACKS, an investment research firm, the  that might be helpful in your decision.

Delaware offers multiple tax benefits for those reaching retirement age. While some of a retiree’s pension and 401K is subject to federal tax and state tax, anyone over the age of 60 is allowed a $12,500 exclusion for pensions or eligible retirement income. Property tax is considered low compared to many other states and if you are a 65 or older homeowner, you qualify for a tax credit of up to $400 on your primary Delaware residence. Also, Delaware does not have Sales Tax, a benefit that those of any age can benefit from.

With a

There is no question that the pending tax reform bill has weighed heavily on the minds of buyers and sellers over the previous few weeks and although the final tax reform bill is certainly not perfect, we are pleased that it is significantly better for homeowners than previous versions.

Mortgage interest deductions have been reduced to a combined $750,000 of loan debt for primary residences and second/vacation homes. New homebuyers can deduct interest on up to $750,000 of combined mortgage debt. Current homeowners are grandfathered into the previous deduction to a combined debt limit up to $1 million. Proposals to eliminate the mortgage interest deduction on second and vacation homes were not passed with the new laws.

Interest deductions for home

Michelle & Karl Teel  |  RecreationNews.com

With the Delaware Bay, 26 miles of pristine Atlantic beaches, and the welcoming small-town charm of coastal and river towns, there are plenty of activities and attractions to explore in Southern Delaware.  With so much happening in Sussex County, the southernmost of the state’s three counties, you’ll find yourself actually doing things, rather than wasting time standing in lines. Enjoy every minute of your experience each of these 12 reasons to visit Southern Delaware:

1. Enjoy beaches and water sports

Delaware beaches have consistently ranked first for water quality among the 30 coastal states in the U.S. Whether it’s Dewey Beach with its live entertainment scene, skim-boarding, and water sports;