Baby Boomers Setting New Trend on National Real Estate Market: All Cash Deals

As more Baby Boomers retire, real estate experts all across the United States are seeing more cash deals, according to a recent report from Bloomberg.
Evidently, these Baby Boomers (defined as anyone born between 1946 and 1964) are opting to purchase their homes with all cash instead of taking out a mortgage.
Experts credit this in part to the fact that US home price gains have restored $3.8 trillion in value to home owners since 2012.
This means that a record number of Americans (including Baby Boomers) are using that equity to help them pay cash for properties, avoiding a home loan altogether.
Another factor is that these Baby Boomers have more money in savings, allowing them the option to pay with cash.
This is an important trend that is sure to have an effect on all home buyers, not just those who fall in the Baby Boomer cohort.

Rehoboth Restaurant Week

 June 1-6, 2014

For six days, enjoy delicious 3-course prix-fixe meals from over 25 participating restaurants in downtown Rehoboth Beach - the culinary destination of Delaware! This is the perfect time to expand your palate and try innovative foods at a reduced price.  Whether you come for a day or stay for a week, you won’t want to miss this dining opportunity as Rehoboth Beach continues to gain regional and national notoriety for its inventive chefs and menus.  Indulge!  Visit www.downtownrehoboth.com for details or call 302.227.2772.

2014 Spring Arts and Crafts Show

Saturday and Sunday, May 24-25th in Ocean City, MD.  Vendors will be displaying garden accessories, jewelry, candles, nautical items, wood crafts and homemade items. Admission is free.  For more information contact Janice Cropper 410-213-0735.

31st Annual Spring Sidewalk Sale

Friday May 16-Sunday May 18

The Rehoboth Beach-Dewey Beach Chamber of Commerce & Visitors Center announces the 31st Annual Spring Sidewalk Sale. The sale runs from 9:00 AM to 9:00 PM (store hours may vary.) 

It is a weekend for deals and fabulous finds! Shopping in downtown Rehoboth Beach, Dewey Beach and Route One has never offered more merchandise at bargain prices!  Don't forget TAX FREE!!!  For more information call 302-227-2233.

2014 Mid Atlantic Wine and Food Festival

Wednesday, May 14-Sunday, May 18, 2014

Through 9 Festival Events, you’ll enjoy epicurean experiences presented by 90 chefs + 20 winemakers from 6 continents. Taste dishes from international, national and regional chefs, meet international and national winemakers, taste small batch and special spirits and craft beer, and hear from experts from all corners of the epicurean globe.

For more information, click here.

Happy Mother's Day!

Here at Sawgrass South, we hope that you and your family enjoy our community, especially on Mother's Day. Give her the day off, Thank her for everything she does, and let her know that this day is for her.

Happy Mother's Day to all of our Moms and THANKS for everything you do .... we simply can't think of anyone who deserves it more ... You're The Best!!!!

New Construction!

Construction has begun at SUMMERCREST located on Plantation Road.  It's a Maracay Model and is available for sale.  For more information please call Don or Lori Allan at 302-227-8412.