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Cape Gazette
Lewes, Delaware
Jim's Towing Service
December 2, 2011     Cape Gazette
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December 2, 2011
 

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1 BUSINESS 52 FRIDAY, D~CEMBER 2 N~NDAY DECEMBER ~ 201 i/ou 0 .Caut" s ptimism abounds in the final days of 2011. While mercial re l estate In otherpositive news, the Sales figures have remained rela- Commerce Department an- tivet flat ough 2011, l cal pro- nmmced Nov. 28 that new single- :Y " v tal se - family home sales in the United fesmonals e pect this vlt. , g ..... ...... merit of the trket to steadily tin- States rose m uctoDer anct mat prove over i e course 0f he next the supply of homes on the mar- 12 to 18 0 tl s, both Sussex ket fell to itslowest level since County andl around thelnation. April 2010. Known for ecades for Its busi Sales edged up 1.3 percent qao ness frie l nvironmerit, many tlonwl , whmh was the fastest corn anies h ve already b gtm re- pace in nve monms. , Pl Xl .... are Local data is indicative of these locating IO ISoutn~J-J.l ~.,~.~a,, , and t d ng a vantage of the area s national numbers. During the first low tax rateb, and favorable eco- three quarters of 2011, s es of sin- , gle-family homes totalea more & REAL nomic condipons. -One of most notal le busi- than a half a billion dollars in Sus- nesses plan " g a move Sussex sex County; more than 2,000 such County in near fumr is Per- units were sold through the end due Agribus ess, Which/ exp. ects of September in Delaware's to beginusing a new f cility in southernmost county. Se,,aford nextlyear. "While we're optimistic for a While co waercial re l estate brighter futurefor commercialr in southern )elaware is r 0t as vi- al estate in Sussex Co_,un : there s brant as it o ce was, We t ink the no mistaking that we re already signs are the}e for a strong come- seeing these improving numbers back in the Rear term," sa d Sandy in the residential markets here in Greene, 20111president oflthe Sus- ...... ea" said Greene. q hese ira- sex County ssoeiatin/f Real- provem'ents have been gradually tots We He definitely lencour- occurring for several quarters in a aged by sore} 0fthe activity we're ' row now, and we are looking for- seeing, thou ,hwe realiz we still ward tO them c6ntinuing for many more quarters to corn. have a long v cay to go to bling that e" segment ofltl e market/back to Tl e Sussex County Association where it neeOs to be. / of Realtors was chartered in 1949 Anupwald trend in/.Sussexand has steadily grown in size, Countywot0d seem to mirror ex- scope and mission during its more than six decades in Sussex pectationslacross the United States, wher ai alysts are eyeing a County. It is a professional trade year of positive growth, the association with goals of carrying commercial}eat estate market fob out a program of education, an.d lowing the }ptick in thq general advocacy for real estate in ttm economy. ! . county. , "With rhodest ecgnomlc SCAOR is a resource for the growth and lob creation, lthe tim- public, as well as a recognized ad- damentals f4rcommerci lreal es- vocate for property rights and rate should radually ,irn, rove m property owners in Sussex Coun- the coming .year, >portsty. To read more about!ssues re- Lawrence Nun, chief ecpnomls} lated to Sussex County s real es- for the Natlonal Association o tate industry, go to Realtors. i www.scaor.co ESTATE Cape Ga! OR subscriptions for the one must for a new subscriber. THE J0Y ]02.947,4878 State