Hi, all!
I'm a native Marylander currently living in Chicago with an excellent employment opportunity (for my husband) in the Salisbury area. If my husband gets the job, we'd like to buy a home in the next few months, but I don't have a firm grasp of the current housing market on the ES. In fact, given that I'm from Montgomery/PGC, I never really did.
After a bit of research, I've narrowed our options down to the following:
-Salisbury
-Southern DE-- e.g.: Laurel, Selbyville, etc.
-Ocean Pines or Berlin
-Okay, I lied, we're pretty open to other places as well.
We'll miss the big city life and would prefer to live in or near a town center, which makes Salisbury seem more attractive than some of the others. OTOH, while Salisbury would be closer for him, I would like to work in Ocean City-- at least during the summer.
All of these areas seem like good places to buy (and I like the tax situation in Delaware), but some seem to have experienced greater appreciation than others have over the last five years. Almost everyone at the potential future company keeps pushing Ocean Pines because they seem to think it's a better investment than Salisbury, etc. But I'm not completely convinced that the market there hasn't plateau'ed. If there won't be much difference in appreciation, I might be more inclined towards Salisbury or, really, any of the other options, since those homes are significantly less expensive and in more diverse and "homey" communities. IOW-- I'm trying to balance the investment opportunity with my own personal enjoyment of the home/neighborhood.
Anyone have any insights?
