Chesapeake City
Real Estate
Delaware home listings asked for more money in April: See the current median price here
Median home listings in Delaware are on the rise. According to analysis of data from Realtor.com, in New Castle County the median home was listed for $449,250 in April, up 7% from the previous month's $419,863. The median home in Kent County listed for $426,400 in April, up 1.2% from the previous month's...
Seven-story student apartment complex proposed for South Chapel Street
A New Jersey-based developer is proposing to build a seven-story student housing complex on South Chapel Street. The project, filed with the city last month, calls for building a T-shaped building at 87 S. Chapel St. The front of the building would be South Chapel Street, while access to the parking garage would be on Continental Avenue. The 1.6-acre site would combine three parcels on South Chapel Street and Continental...
Proposed rental tax impacting UD, area landlords 'tabled indefinitely' in Newark
Yes, Newark is still talking about taxes. Particularly, it has been on the search for revenue generators that tap on its neighbor, the University of Delaware. Since the beginning of the year, its governing council has passed two resolutions seeking to amend Newark's charter, giving the municipality authority to execute a "per-student tax" on universities, as well as taxes on lease revenue in the city.
DE home listings asked for more money in March – see the current median price here
The median listing for homes in March is up slightly from February. The median home in Kent County listing for $421,450 in March, up 0.9%, up 2% Sussex County listing for $550,000 and in up 0.3% in New Castle County listing for $419,863 , an analysis of data from Realtor.com shows.
How much are homes selling for in Delaware? See the latest sales stats
Those who sold homes in December sold them for lower prices in New Castle and Kent counties compared with previous months. The median home sold for $290,000 in the two counties, an analysis of data from Realtor.com shows. That means December, the most recent month for which figures are available, was down 3.3% from November.
Newark backpedals on new rental tax impacting area landlords, University of Delaware
Newark has been dialed-in on taxes lately. Particularly, new revenue generators for the city that tap on its scholastic neighbor, the University of Delaware. This year, the governing council has passed resolutions seeking to amend Newark's charter, giving the municipality authority to execute a "per-student tax" on universities, as well as taxes...
12 townhouses proposed for Lovett Avenue
A developer is proposing to build 12 new townhouses on Lovett Avenue, continuing that area’s transition from single-family homes to large student-focused rental complexes. Developer Nick Baldini’s proposal spans both sides of Lovett Avenue near the intersection of Benny Street. On the north side of the road, he is proposing to build eight townhouses in place of a parking lot and two rental homes at 118 and 120 Lovett Ave....
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