New Homes Delaware

Why Early 2021 Is a Great Time for Homebuyers to Act

If you’ve been thinking about buying a home, but aren’t sure whether right now is the best time to act, you’ll be pleasantly surprised to learn that market conditions are favorable right now. Mortgage rates are expected to stay historically low, and experts predict that home prices will stay relatively steady. Don’t wait too long to begin checking out beautiful new homes in northern Delaware.

Mortgage rates are expected to stay favorable

Last year, many first-time homebuyers took advantage of extraordinarily low mortgage rates. These favorable market conditions are expected to continue through at least the early part of 2021. In fact, the Mortgage Bankers Association expects 30-year loans will have an average rate of 3.1%. Fannie Mae is even more optimistic, predicting these home loans will have an average rate of just 2.8%. Freddie Mac has split the difference, with a prediction of 3% that it expects to last the entire year.

Price increases will slow down

Property is a commodity that can be relied upon to increase in value over time, which is one of the main reasons why people choose to buy homes. If you purchase a condo or a townhouse in the master-planned community of Darley Green, for instance, you can expect its value to rise throughout your ownership of the property.

The good news for homebuyers is that the average price of homes isn’t expected to rise as much during 2021 as in previous years. Last year, home prices rose by about 5.1%. This year, the Mortgage Bankers Association expects an increase of just 2.4%. Freddie Mac expects home prices to rise by an average of 2.6%.

The pandemic isn’t going away anytime soon

Despite the FDA approval of COVID vaccines, it will be quite some time before a significant portion of the population is vaccinated. It’s going to be necessary to practice social distancing and other public health protocols well into the summer and possibly beyond. Unfortunately, for those who live in apartment buildings or on busy streets, it isn’t always easy to stay at least six feet apart. Apartment dwellers often come into close proximity to each other while using the elevator or visiting the laundry facilities, for example.

The pandemic restrictions have encouraged many people to consider making the leap to homeownership. It’s more popular than ever to move out to the suburbs.

Walkable communities such as Darley Green are particularly popular, since they offer many opportunities for outdoor recreation, away from crowded gyms. Because of the popularity of these move-in ready townhomes, it’s best not to wait too long to start house hunting.

View new homes in northern Delaware

Take advantage of market conditions favorable to homebuyers by viewing the move-in ready homes in Delaware by Montchanin Builders. Our master-planned community, Darley Green, still has some home sites available. Contact us today to schedule a viewing.

When you tour Darley Green, you’ll note its neighborly ambiance, wide-open green spaces, and close proximity to community amenities, such as fine dining, shops, and exceptional schools. Call today to begin exploring our condos and townhomes, and be sure to ask us about our special financing offers!

Top 4 Advantages of Buying New Construction Homes

There are so many questions to answer when you’re ready to buy a new home. Where do you want to live? How much house can you afford? And which floor plan best suits your needs?

One question that should be at the top of your list is whether you should buy a previously owned house or a new construction home. Before you decide, consider all of the following benefits of choosing a new construction home.

You’ll live in a home that is truly all yours

One of the best aspects of homeownership is that you’ll be living in a place that is yours and yours alone—no more paying rent to a landlord who may or may not fix that dripping faucet. But if you move into a previously owned house, you’ll see subtle signs of the prior owners everywhere. Perhaps they had an odd taste in landscaping, or maybe they left behind a TV mounting bracket on the wall in the master bathroom. Appliances may be old and glitchy. Repairs may be needed. The overall feeling you may have is that you’re a guest and not the owner.

You’re likely to find numerous little oddities that remind you that someone else lived here first. Your new home will only truly be yours and yours alone if you’re the first person to live there. There’s something to be said for starting fresh with a clean slate.

You can take advantage of personalization

Personalized options are another reason why new construction homes allow you to truly make your new home your own personal space. Homebuilders will work with buyers to personalize their new construction homes. When you purchase a new home from Montchanin Builders in Delaware, you can choose the floorplan, as well as cabinets, countertops, flooring, and more!

You’ll love the energy efficiency

Building technology continuously evolves over time. The new building materials available now are superior to those used even a few decades ago. When you buy a new construction home, you can rest assured that you’re getting the most modern building materials and time-tested building techniques. Furthermore, your new construction home will be outfitted with materials and appliances that support better energy efficiency. Imagine how much money you’ll save on utility bills when you have a kitchen and laundry room fully equipped with energy-efficient appliances.

You’ll save a bundle on home repairs

Another attractive perk of buying a new construction home is that you shouldn’t have to deal with any major repairs for quite a while. Your roof will be brand new and will last for decades. You won’t have to deal with replacing a malfunctioning water heater that suddenly decides to flood the home in the middle of the night. Your floors will be perfectly finished, and all of your appliances will be brand new.

Not only will this save you money; it will also save you time. It’ll be quite a while before you have to take time off work to wait for a repair person or contractor to show up.

Explore new construction homes for sale in Delaware

Montchanin Builders specializes in offering move-in ready, new construction homes in Delaware that combine luxury with affordability. We build more than homes, however; we build communities that are true neighborhoods, complete with wide-open green spaces. Explore our available floor plans in the Wilmington community of Darley Green and give us a call at 302.472.7212 to schedule a tour. Be sure to ask us about our special financing offers!

Top 4 Most Overlooked Things When Buying a Home

Buying a home is the largest investment most people will ever make, and so it stands to reason that most home buyers focus primarily on the purchase price. They also like to imagine how their furnishings will fit into the home and how the house suits their current lifestyle. These are all huge considerations, but they are by no means the only issues you should think about when you’re looking for your dream house. Here are some top things to keep in mind:

The cost of repairs

Many first-time homebuyers underestimate the amount of money it takes to maintain a home. Older houses, in particular, are prone to needing frequent repairs. Whether it’s an old, damaged roof, a malfunctioning furnace, or a warped and weathered deck, the repairs needed to keep an older house in good condition can easily throw your budget off track.

If you’re buying an older home, be sure to set aside plenty of liquid funds to take care of emergency repairs.

Another option is to purchase a new, move-in ready home instead. If you purchase a new home, your roof won’t need replacing for at least a few decades, and all of the major appliances (along with everything else) will be new. The prospect of saving a lot of money on repairs is just one reason why many homebuyers prefer to purchase new construction houses.

The distance to transportation hubs

Location is crucial when buying a new home. In particular, consider whether the new home is close to major transportation hubs, such as interstates and airports. You’ll be glad later on when you find yourself running late and having to hurry to the airport to catch a flight.

The convenient proximity to major transportation hubs is one reason why many homebuyers choose to live in Wilmington, Delaware. For instance, Wilmington is only a half-hour away from Philadelphia! It’s a centrally located community that is close to train stations, Philadelphia Airport, and major interstates.

The walkability of the neighborhood

A walkable neighborhood is more important than you might think, and unfortunately, it’s something that many homebuyers don’t consider until after they’ve made their purchase. A home on a spacious lot in a walkable neighborhood will give you both privacy and recreational opportunities. Some essential features of a walkable neighborhood include wide open, green spaces, tree-lined streets, and amenities just a short walk away.

A growing family

Before making a purchase offer, consider your current living situation and how it might change over the course of the next decade or so. If you’d like to stay in the home for a while, consider whether you might want to grow your family down the road. It may be worth it to buy a bigger house than you think you need right now so that you won’t have to move again later.

Tour move-in ready homes in Delaware

If you’re looking for a beautiful, spacious home in a walkable neighborhood that is close to major transportation hubs, the homes for sale in Darley Green are a must-see! Montchanin Builders specializes in building neighborhoods with an old-fashioned neighborhood feel, with plenty of wide-open spaces and tree-lined streets. Call today to schedule a tour of our new homes in northern Delaware. Make sure to ask about our special financing offers!

Additional resources for home buyers:

Home Buying Checklist for First-Time Buyers

For first-time home buyers, the process can seem a little overwhelming. That’s why we’ve developed a comprehensive checklist to guide you every step of the way.

Assess your finances

Buying a home is likely the most expensive purchase you will ever make. It makes sense that a thorough assessment of your finances is a logical place to begin. One of the first things to consider is how much you have saved up for a down payment. The traditional rule of thumb is to put down 20% of the home’s value. However, this usually isn’t necessary. You’ll find that many lenders are willing to work with home buyers with a much lower down payment. Montchanin Builders, for example, partners with Cardinal Financial, which offers custom financing with flexible down payment options.

In addition to considering your savings, you’ll want to evaluate your debt-to-income (DTI) ratio. For the purpose of determining your credit score, your DTI is exactly what it sounds like: the sum total of your debts (loans, credit cards, etc.) compared to your income. However, when buying a home, you’ll want to include all recurring bills in the “debts” category. Add up all of your monthly expenses and divide that figure by your monthly income to figure out your DTI. Ideally, your DTI shouldn’t be higher than 43%. The lower it is, the better.

Get pre-approved for a mortgage

Once you have a clearer picture of your finances, you’ll want to obtain pre-approval for a mortgage from a lender. It’s often recommended that home buyers obtain pre-approval before checking out the homes on the market. This enables you to more easily identify the available homes that you can afford.

Meet with a real estate agent

After securing pre-approval from a mortgage lender, it’s time to meet with a real estate agent. Of course, you can scout listings on your own, but it’s still helpful to have a realtor. These professionals are highly experienced with property evaluations and can help you consider the various pros and cons of each home and neighborhood you check out.

Start your home search

These days, the initial home viewing is usually done digitally. You can take virtual tours of available homes to narrow down your list. Then, visit open houses or schedule viewings. You may want to clear your phone’s gallery, as you’ll want to take plenty of pictures of the properties you view. You’ll also want to bring along a notebook and jot down notes about your likes and dislikes regarding each property.

Purchase your new home

Once you’ve finally chosen the home and neighborhood of your dreams, it’s time to make it yours! Talk to your realtor about the next steps in securing your home such as making an offer, including a deposit and more. At Montchanin Builders, our dedicated sales team will help you in determining the best floorplan, features and homesites available – walking you through every step of the process!

View new homes in northern Delaware from Montchanin Builders

Montchanin Builders strives to make the home selection and buying process as easy and hassle-free as possible. Visit our Sales Center and Model Home in our master-planned community of Darley Green—a beautiful, tree-lined neighborhood near the heart of Wilmington, Delaware. With so many wide-open spaces, you’ll have trouble believing that you’re just a short stroll away from incredible community amenities, including shops, restaurants, and transportation. Call today to schedule a tour of our move-in ready homes and inquire about our special financing offers.

Additional resources for home buyers:

3 Signs It’s Time for You to Move

Ever wonder if you’ve become so used to your current home that you’re missing the glaring signs that it’s time for an upgrade? Making a list of specific reasons to move – such as wanting more space or being closer to work – can help you focus your search for new homes in Delaware that will match your needs perfectly.

Not sure if house-hunting should be in your future? Check out this list of telltale signs that it’s time for you to move.

1. Your Family is Growing.

Babies don’t take up so much room, but their playpens, changing tables, and toys can soon consume the house. As your child grows older, fights over bathroom hogging and the desire for autonomous space to finish homework becomes inevitable. Expanding to a larger space in a comfortable community is a great solution.

Darley Green attracts home buyers with growing families who are drawn to the beautiful, tree-lined streets, ample park space, nearby restaurants and shops, and spacious homes. Our new-construction townhomes and condos are affordable, charming, and can be personalized to your preferences.

2. You’re Running Out of Space.

Many people are motivated to move because their current apartment or home doesn’t meet their storage needs. Is your living space cramped and your closets overflowing with stuff? Do you dream of having an additional bathroom, more closet space, or even a 2-car garage? Or maybe you crave extra space for work, study, relaxation, or working out.

Darley Green has beautiful homes available with spacious open floorplans, offering up to four bedrooms, 2.5 baths, master bedrooms with walk-in closets, and two-car garages. Enjoy up to 2,500 square feet of finished living areas to give you more breathing space and storage options.

3. You’re Spending Too Much Time Commuting.

About 9 percent of Delaware’s 430,000 workers have commutes that top an hour. If you currently have a long commute to Wilmington or Philadelphia, you may be dreaming about all the things you could do with all that lost time.

Darley Green offers a location that is just 10 minutes from downtown Wilmington and 20 minutes from downtown Philadelphia. You can reach I-95 in less than five minutes, I-495 in two minutes, and the Philadelphia International Airport in 15 minutes. You’re also within convenient walking distance to Claymont Train Station, with a DART bus stop on-site.

Move-in ready homes in Delaware

With scenic landscaping, convenient location, spacious floorplans, and highly rated schools, the luxury townhouses and condos at Darley Green are designed to cater to your every home buying need. Our beautiful move-in ready homes offer the latest modern amenities with a peaceful atmosphere reminiscent of a small-town neighborhood – all within close proximity to the city of Wilmington and a quick commute to Philadelphia. If you would like to discover our new homes in northern Delaware for yourself, please get in touch with us today to schedule a tour. Make sure to ask about our industry-leading financing options!

Additional Resources:

  1. Insider.com, 6 signs that it’s time for you to move somewhere new, https://www.insider.com/signs-you-should-move-2018-3
  2. Bob Vila, 11 Signs It’s Time to Move, https://www.bobvila.com/slideshow/11-signs-it-s-time-to-move-51391

4 Things Homebuyers Should Look for in a Lender

When you’re in the market for a new home, much of your time is spent thinking about the ideal location, the square footage, or even your decorating options. Choosing the right home loan partner, however, is equally as important. That’s one reason why so many homebuyers in Delaware choose to work with Montchanin Builders—we’ve partnered with Cardinal Financial, one of the nation’s premier home lenders.

Cardinal Financial makes the pre-approval and home financing process quicker and easier than you’d think! Call us today to learn about attractive financing options for purchasing the gorgeous move-in ready townhomes and condos at the master-planned community of Darley Green.

Select a lender who walks you through the process.

If you’re a first-time home buyer, the closing process can be stressful! There is a lot of new terminology to digest, for example, and you might not know the difference between escrow and earnest money or between liquidity and equity. You need a loan officer who has plenty of experience working with first-time home buyers, and who will walk you through the process step by step.

At Montchanin Builders, our preferred loan officer, Katherine Dunckley, is dedicated to providing unsurpassed customer service. She specializes in working with first-time home buyers, and will gladly help you understand all aspects of the home lending process.

Choose a mortgage originator

Not all mortgage brokers are mortgage originators, which is another reason why home buyers prefer to work with Cardinal Financial. This company is a mortgage originator, which means they provide their own financing. Cardinal Financial can underwrite, close, and fund your entire home loan.

Look for a lender with an accessible digital platform

The process of applying for a mortgage can get complicated. It requires a great deal of documentation, and you’ll have some choices to make. It’s best to choose a lender that offers an easily accessible digital platform, like Cardinal Financial. With their online portal, homebuyers can upload the necessary documentation digitally—cutting down on trips to the office. They can also review their customized to-do list to ensure they stay on track with the process, and they can check on the loan status at a glance.

Select a lender with flexible home loan options

Flexibility is crucial when it comes to taking out a home loan, as different home buyers have different needs. The home loan option that works well for your new neighbor may not fit your needs. Another great aspect of working with Cardinal Financial is their wide range of flexible home loan options, so you can choose what best fits your finances and preferences.

Check out new homes in Northern Delaware

Are you looking for move-in ready homes in Delaware that offer proximity to major amenities and transportation hubs, yet are also surrounded by wide open, green spaces? Look no further than the walkable community of Darley Green by Montchanin Builders. In Wilmington, DE, Darley Green is known for its beautiful, modern townhomes and condos at affordable price points.

To learn more about moving into Darley Green, contact Montchanin Builders today to schedule a tour! We’re proud to partner with Katherine Dunckley of Cardinal Financial to make the home-buying process as easy as possible for our valued home buyers.

Additional resources for home buyers:

Tips to Boost Your Credit Score Before Buying a Home

If you’re considering buying a home, then it’s only natural to think about your credit score. As you look at move-in ready homes in Delaware, keep in mind that having a less-than-perfect credit score doesn’t mean that you will not qualify for a mortgage. However, there are also some steps that you can take to improve your credit score before you begin seriously looking for a home. Here are some actions that can help to boost your score.

Check Your Credit Score for Mistakes

There are three major credit bureaus that issue scores: Equifax, Experian, and TransUnion. You are entitled to one free report from each of them every year, so it’s a smart idea to request one from all of them. Then, review your report carefully. If you see any mistakes, then dispute them by sending a letter to the credit bureau explaining and documenting the error and requesting that they remove it.

Settle Any Past-Due Debts

If you have any past-due accounts, then make sure that you pay them off as soon as possible. For example, if you have missed the due date on a credit card payment, then pay it immediately. If possible, you should also try to pay as much on your credit card debt balances as possible. It’s generally recommended that you not have a credit card debt of more than 30% of your credit card limit.

Pay All of Your Bills on Time

Keeping current with your bills is a simple task that can easily improve your credit score. When you make a late payment, it has a negative impact on your score. If you get into the habit of making late payments, you could start to see your score decline. Setting up automatic payments for your debts, such as rent, utility bills, and credit card bills, can help to ensure that you don’t go late on any of your bills.

Don’t Close Existing Credit Accounts

Many people assume that the best way to avoid accumulating an excessive level of credit card debt is to close their credit accounts. In fact, having a credit account—even an inactive one—helps your credit score by demonstrating your credit history. As long as you are responsible and avoid amassing too much debt, there’s nothing wrong with having credit accounts.

Buy Your Dream Home!

If you’re on a quest for the best new homes in northern Delaware, don’t miss the stunning townhomes and condos at Darley Green. These gorgeous new-construction homes offer fantastic amenities, scenic beauty, and a readymade neighborhood community. They are also conveniently located within walking distance of shops, restaurants, a library, and train station.

At Montchanin Builders, we are committed to helping our buyers find their dream homes. That’s why we work with Cardinal Financial, one of the nation’s leading mortgage lenders, to make the financing process run as smoothly as possible. If you would like to learn more, then get in touch with us today. We will be happy to schedule a tour of our our move-in ready homes and community; so that you can see for yourself why Montchanin Builders at Darley Green is the place to be!

Additional Resources:

  1. Realtor.com, How to Improve Your Credit Score Before You Buy a House, https://www.realtor.com/advice/finance/boost-credit-score/
  2. Investopedia, How to Improve Your Credit Score, https://www.investopedia.com/how-to-improve-your-credit-score-4590097

Where to Go for Advice When You’re Buying Your First Home

Buying your first home can be as nerve-wracking as it is exciting. With so many different options to sort through, making a decision can feel like an overwhelming task. Fortunately, there are many useful resources available to assist you. If you are a first-time home buyer in Wilmington, Delaware, then the team at Montchanin Builders will be happy to help you find your dream home at one of our stunning and affordable master-planned communities.

First-time homebuyers can also take advantage of a number of other sources to get the information and advice they need, including online listings, buyer’s agents, and mortgage brokers. Read below to learn more about these helpful resources.

Online Listings

It can be tempting to simply drive around the neighborhood that you are interested in and look for homes with “for sale” signs. However, this can be time-consuming, and it means that you run the risk of overlooking homes that you might be interested in. Online listing companies such as Zillow or Trulia offer detailed information about many homes that are currently on the market. However, keep in mind that not all homes for sale are listed on these sites. This is where having an agent can be so useful for first-time homebuyers.

A Buyer’s Agent

A buyer’s agent is a real estate agent who represents your interests during the buying process. Buyer’s agents can serve a number of roles. First and foremost, your agent will look for properties that fit your budget and your preferences, so that you can narrow down your choices. They can also negotiate with listing agents (who represent the seller during the buying process) on your behalf, and refer you to home inspectors and other professionals whom you may need to work with. Buyer’s agents tend to specialize in certain areas, so make sure that you find one who is familiar with the neighborhood that you want to live in.

A Mortgage Broker

If you are planning to purchase a home, then you will likely need a loan—which means that you will want to speak with a mortgage broker. A mortgage broker is essentially someone who can help you find a lender and a loan that are well-suited to your current needs as a home buyer. A broker can also guide you through the application process to help ensure that it goes as smoothly as possible. If you want to save time, then working with a mortgage broker can be an excellent idea. Our preferred lender, Katherine Dunckley with Cardinal Financial, will help walk you through the mortgage process and direct you to the best loan to fit your needs!

Looking to Buy Your First Home in Wilmington, DE?

If you’ve been searching for your dream home, you’ll never find a better spot than beautiful Wilmington, Delaware. Montchanin Builders is proud to offer a selection of gorgeous move-in ready homes for you to choose from.

Our townhomes and condos are conveniently located, competitively priced, and designed for optimal spaciousness and comfort. If you would like to discover our new homes in northern Delaware for yourself, then feel free to get in touch with us today. We will be happy to arrange a safe and socially-distanced home tour!

2020 Homebuyer Preferences Post-COVID

Though the coronavirus pandemic has created uncertainty in so many areas of our lives, homebuyers have remained optimistic and active, and the real estate market has become increasingly robust in recent months. In this new era of remote working, schooling-from-home, historically low mortgage rates, and no clear answers as to when the COVID-19 pandemic will abate, consumer commitment to buying a new home is as strong as ever – though how have homebuyer priorities shifted in 2020?

Homebuyers are looking for larger homes

Recently, Realtor.com partnered with HarrisX to conduct a nationwide survey of consumers to determine how homebuying activities and behaviors may have changed in the wake of the pandemic. It might have been assumed that the COVID pandemic would have encouraged consumers to become more conservative with their homebuying plans. However, the survey actually revealed that more home buyers are thinking of purchasing more spacious homes at higher price points.

The shift toward purchasing homes with ample square footage likely reflects the fact that families are dealing with the reality of remote working and schooling arrangements, which give rise to the desire for more spacious living quarters.

Walkable communities are a big hit with homebuyers

Even as gyms and entertainment venues open back up, many people are still hesitant to gather together in large crowds. For many, it’s simply safer to enjoy outdoor recreation in areas that give everyone plenty of space for social distancing. This is a major reason why walkable communities in suburban areas – such as Montchanin Builders’ Darley Green, featuring plentiful open green spaces – have become big hits with homebuyers.

Homebuyers are saving larger down payments

The onset of the pandemic has forced many individuals to reconsider their savings goals, with many people reporting that they are saving more than previously and paying down debt more quickly. The same behaviors can be seen with home buying activities. According to one survey, 63% of consumers report saving more money than before, which they could potentially use for a larger down payment on a house. Many consumers report that sheltering in place has allowed them to save more money by cutting expenses on things like transportation.

Often, saving is thought of as a long-term goal, and so one might assume that more consumers are delaying their homebuying plans. However, this isn’t the case. In fact, 41% of consumers say the pandemic is encouraging them to think about buying a home sooner rather than later. This is a sharp contrast from the 15% of consumers who are thinking of buying a home later down the road.

Find your dream home in Wilmington, Delaware

You may have spent the past few months dreaming about a better future after the pandemic, but why wait? Right now is the perfect time to explore the move-in ready homes in Delaware available from Montchanin Builders. Our walkable communities are welcoming places where you can enjoy plenty of space for safe outdoor recreation. Plus, they’re just a short distance away from attractive amenities like restaurants, entertainment venues, and parks. Get in touch with Montchanin Builders today to request a socially distant tour of our model homes.

Top 5 Reasons People are Moving in 2020

It’s safe to say that 2020 has shaken up the norm for just about everyone. A lot of people’s priorities have shifted due to mandated home quarantines, social distancing, and other lifestyle changes, and for many, the time now seems right to move to a new home. For some buyers, this decision is spurred by current events, while others may have been planning a move for years. With that in mind, here are the top 5 reasons people are relocating in 2020.

#1 – To Escape the City

This reason is two-fold. Large metropolitan areas were amongst the hardest hit areas for COVID-19, and many residents realized that while city life can be fun and exciting, its density also makes it a breeding ground for contagions. Close proximity to your neighbors also makes following social distancing protocols challenging. As a result, many have been migrating to less risky suburban and rural areas.

The second reason that city-dwellers are considering relocating because of the pandemic is the absence of all the things that brought them to the city in the first place, such as easy access to endless dining, shopping, and nightlife options. With most of these activities being canceled or bogged down by restrictions, many residents are rethinking their high-priced cramped apartments.

#2 – More Home Amenities

Due to COVID-19, our homes have become our world, serving as our office, gym, entertainment venue, restaurant, and resting place. While things won’t always stay this way, some of these new lifestyle changes may stick for the long term. For many homebuyers, finding a place that can offer a variety of amenities—including a home office or gym—has jumped high on the priority list. The value of outdoor access has also risen, with a growing desire to be near open, airy parks or have a large private yard.

#3 – Remote Working

One of the biggest shake-ups of 2020 was remote working. Before COVID-19, some companies were already experimenting with the possibility of remote workers and flexible office hours, but the closing of offices forced the working-from-home concept into full implementation. More and more employees now expect to be working remotely on a near-permanent basis, even after the pandemic subsides. Working from home frees people to make the move they’ve always wanted without having to worry about long commutes or switching jobs.

#4 – Virtual Schooling

Adults aren’t the only ones who are doing their work online these days. Many school districts and higher education institutions have started their school year online, which is also eliminating an obstacle for some homebuyers that have school-aged children or who are attending classes themselves. It also brings with it a need for additional workspace, which may be hard in a crowded apartment or small home.

#5 – More Value

Many homebuyers are moving out to find more bang for their buck. Some are leaving their small and pricey city apartment for a more spacious, affordable home in the ‘burbs. Others are just looking to trade their current suburban home for a slightly more modern floorplan and a tax-deductible home office.

Schedule a Home Viewing Today

If you’re in the market for new construction homes in New Castle County, Delaware, schedule a tour of Montchanin Builders’ spacious move-in ready homes near Wilmington, DE. Our award-winning walkable communities let you enjoy plenty of open green space while being only a short drive from Wilmington’s plentiful restaurant and shopping options. The housing market has never been more buyer-friendly, and financing options available through our preferred lending partner make buying a new home more affordable than you think.

Schedule a tour today and make your 2020 home owning dreams a reality!