Each year, many Americans begin the search for a new primary or secondary home and find that Delaware real estate is among the most attractive options on the eastern seaboard. With its close proximity to New York City, Washington, D.C., Baltimore, Wilmington and Philadelphia, Delaware offers an exciting environment for those who are looking to move away from the fast-paced life of the city to enjoy some peace and quiet, whether it be for a few weeks out of the year or all year round.
Delaware is also gaining popularity as a posh retirement destination. CNBC recently named Rehoboth Beach one of the top places for baby boomers to retire, citing its proximity to major cities, its attractions and its increasing population of Americans over 65 years old as some of its defining benefits.
Still, homeowners who decide to look for homes for sale in Delaware have a number of potentially difficult choices to make. With so many advantages to the Rehoboth Beach and Delaware Beach homes for sale, choosing a location, nevermind a residence, can be a daunting process. That's why homebuyers who are looking for real estate in Delaware turn to the experts, Bryce Lingo and Shaun Tull, at RehobothRealEstate.com. With our wealth of local knowledge, access to MLS listings and ability to perform a host of functions throughout the buying process, RehobothRealEstate.com is a first stop for anyone looking to start an exciting new life in the First State.
The advantages of buying tax-friendly real estate in Delaware
One of the biggest reasons that homeowners decide to live in Delaware is the state's favorable tax policies. For example, income taxes in the state are low, ranging from a base of 2.2 percent to a high of 6.7 percent, according to 2012 data from the Federation of Tax Administrators. By comparison, nearby areas such as New York and Washington, D.C. have income taxes that can be as high as 8.95 percent.
In addition, for retirees, there's more than just Delaware real estate taxes to find favor with. For example, in Delaware, most residents are not required to pay personal property taxes, sales taxes on retail items, inheritance taxes, local taxes or Social Security benefit taxes.
Buying Delaware real estate for prime beach property
Relocating to the Delaware Beach area provides homeowners with more than the means to acquire additional income through vacation rentals, it also allows them to experience a wealth of attractions that many other Americans will pay a premium for. Lonely Planet, a top destination for travel information and reviews, rates a number of Rehoboth Beach and Dewey Beach attractions highly for their atmosphere and creativity.
For example, homebuyers who chose to settle down in these areas can enjoy Japanese cuisine on a rooftop deck at the Cultured Pearl, great live music at the Dogfish Head brewery and other area attractions noted for their exciting cuisine and luxury settings.
Beginning your Delaware home buying search with RehobothRealEstate.com
When starting your search for a home for sale in Delaware, turn to Bryce Lingo and Shaun Tull at RehobothRealEstate.com. With strong expertise in the overall buying process, you can count on the experts at RehobothRealEstate.com to help you ensure your next home investment meets your every need.
To start your search, contact Bryce Lingo and Shaun Tull at RehobothRealEstate.com so we can begin assessing your priorities and price range and start your search for your dream home in Delaware today.