Wilmington Delaware Market

[Brian Wert]

Hi All Does anyone have good insight on places in Wilmington Delaware that are on the rise, have development, and are changing? I am looking to buy a property in DE soon. I want to find good areas. Thanks All! Brian

[Jack Clough]

I would have to agree with @James Masotti , but I would add a few areas to that list including Elsemere and Claymont. I also helped two clients buy new construction townhomes at Darley Green in Claymont. There will be a new Amtrak station there and the easement of regulations for industrial development on the river will attract new investments. 

As far as the downtown goes, it is a risk for sure, but the Buccini's are investing so much down there that I had to jump in, so I bought a couple places including an older commercial space row home on N King Street (Lawyer's Row) for 70k. We'll see how that goes...

Additionally, the Kingswood community center is in talks to get approved for a major redevelpoment with the same folks that were involved in the redevelopment of the East Lake community in Atlanta, GA. This is probably the roughest area of the whole city.