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Delaware Real Estate - Best Reasons to Buy

Delaware Real Estate - Best Reasons to Buy

Delaware Beaches

  • Owning Delaware real estate offers a carefree, coastal resort lifestyle. With miles of pristine shoreline and endless recreational and entertainment opportunities at your doorstep - including Bethany Beach, Fenwick Island and Rehoboth Beach.
  • Delaware beaches are the nation's cleanest, beating out the other 29 coastal and Great Lakes states surveyed.1

Financial Freedom

  • Delaware is 1 of only 5 states that has no sales tax.
  • Delaware and Delaware Real Estate has the 3rd lowest tax burden in the United States. 2
  • Delaware and Delaware Real Estate has no state-imposed estate tax. Delaware has low property taxes and no sales tax.
  • Delaware and Delaware Real Estate is 1 of only 9 states that has little or no income tax on trusts.6
  • Delaware Real Estate ranks 13th out of all 50 states in 1-year home appreciation percent change for the year ending March 31, 2006, With a 5-year appreciation rate of 72.2%, 26-year appreciation rate of 389.6%! 4
  • In 2006, Kiplinger's Personal Finance Magazine named Delaware the Most Tax-Friendly State for Retirees. 3

High Wages — Location

  • Delaware workers earn the 7th highest salary in the United States.5
  • Delaware ranks as the 9th fastest-growing state in the union.7
  • Delaware Real Estate is within a 2-hour drive of Washington, D.C., Philadelphia, and Baltimore.

Sources:

  1. Source: Natural Resources Defense Control, "Testing the Waters 2006-A Guide to Water Quality at Vacation Beaches." Segment of beach monitored.
  2. Source: Tax Foundation and Bureau of Economic Analysis. Each state's tax burden represents a combination of state & local tax burdens. Sequenced by the least burdensome (#50 - alaska) to most burdensome (#1 - Maine).
  3. Source: Kiplinger's Personal Finance Magazine, November 2006.
  4. Source: Office of Federal Housing Enterprise Oversight. House Price Index. Rankings based on annual percentage change. United States figures based on weighted division average.
  5. Source: Delaware News Journal 8-26-06, "Delaware Workers Earn 7th Highest Salary in the U.S."
  6. Source: JP Morgan Private Bank
  7. Source: U.S. Department of Commerce, U.S. Census Bureau, released: December 22, 2005.

Millville by the Sea :: Millville, Delaware :: 877-285-2888 :: 302-539-2888 :: Developed by Miller and Smith

The developer and or builder reserves the right to modify the plans, materials, features and amenities described and depicted herein at any time without notice. All renderings and floor plans are artists’ concepts for illustrative purposes only, are not drawn to scale, may differ from completed improvements and are not intended to create any warranty or contract rights. Please consult your sales representative for the most current information. Website designed and developed by BorczDixon.

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