new homes in Delaware

Color Therapy: What Colors Should You Paint Your Home?

If you rented an apartment or duplex for a long time, you probably dreamt of the day when you could paint the walls any color you wanted or install a custom, built-in entertainment center. Now that you’re finally a homeowner, you can make those dreams a reality. However, the decision of which color to paint your home can be a difficult one. While you’re comparing paint chip cards, consider factors like color psychology to choose an overall palette and the individual colors for each room.

Using color psychology in your home

Color psychology is based on the theory that color can affect your mood and emotions. Of course, some people react differently to various colors, but in general, the following colors may encourage positive emotions:

  • Blue: Blue is an exceptionally calming, therapeutic color. It works well in the bedroom or a living room. It’s best to avoid blue walls in the kitchen and dining room, however, as blue can be an unappetizing color for some.
  • Yellow: Yellow is an eternally optimistic color that symbolizes summer and happiness. Strong yellow may feel overwhelming at times, but pale yellow is pleasingly sunny.
  • Purple: Bright and dark purples signify creativity and luxury. Pale lilacs can be soothing. Purple is best used as an accent color, since it’s rare in the natural world and may seem “forced” if used extensively.
  • Green: Green is considered very visually restful, particularly the darker shades. Light green can be refreshing.
  • Red: Red is an energetic and stimulating color. It works well in areas where you’ll be entertaining guests, such as the dining room.

How to use a color wheel

You should be able to find color wheels at your local home improvement store, or you can find one online. The color wheel should ideally show color relationships so that you can see which colors will complement each other. If you choose any color, its complementary color lies opposite it on the wheel. For best results, pick one of the two to be the dominant color. For example, pair a dark violet with a light, mild yellow.

Work backwards from a focal point

It’s customary to choose an overall color palette first, and then paint the walls and choose finishing touches (like couch pillows and throw rugs) that conform to that palette. However, you could also work backwards. Select a focal point for the room first. In your bedroom, it might be a brightly colored bedspread. In the living room, it might be a stunning piece of art or your favorite sofa. Use the colors in that focal point to provide inspiration for your wall colors.

New houses for sale in Wilmington, DE

If you’re house hunting around the Wilmington, Delaware area, we invite you to check out the beautiful new construction houses available from Montchanin Builders. Nestled within the walkable communities of Darley Green and The Overlook at Rockford Falls, these move-in ready homes feature modern floor plans and luxurious features—all at affordable price points. Get in touch today to learn more about our new houses for sale in Wilmington DE, or to schedule a viewing. Don’t forget to ask us about our special financing incentives!

Additional resources on home décor:

  1. The Spruce, Tips for Choosing Interior Paint Colors, https://www.thespruce.com/choosing-interior-paint-colors-4011484
  2. This Old House, Choose Paint Colors With a Color Wheel, https://www.thisoldhouse.com/ideas/choose-paint-colors-color-wheel

Is Spring the Best Time of Year to Buy a Home?

There are lots of factors that determine when the best time to buy a house is. Interest rates are one example. It’s never a bad idea to take a look at the interest rates before you buy, but don’t let it completely determine your decision. Another factor to consider is the season. In general, buying a house earlier in the year is ideal, and spring certainly qualifies!

There are typically more properties available in the spring

If you enjoy the process of shopping around, you’ll love house hunting in the springtime. There are generally more homes available on the market during the early months of the year. One reason for this is that sellers prefer to show their houses after the snow has melted when the flowers start to bloom. It’s easier to get a sense of what the neighborhood is like when it isn’t covered in snow.

Summer is a great time to move

Many individuals find that spring is a convenient time to purchase a new home. This is because summer is right around the corner. By the time the sale moves forward and the parties close on the house, individuals can take advantage of the summer vacation to plan the big move. They can take on age-appropriate organizing and packing responsibilities.

Summer is a particularly advantageous time to move if the children will be changing to a new school district. It can be tough to switch schools in the middle of a school year. Kids often feel more awkward and have a harder time finding new friends when they must switch schools during the school year. But if you move during the summer, you will have some time to adjust to the new town. Kids won’t feel quite so awkward when starting at the new school in the fall.

Even for those without kids, summer can be a great time to move. It’s far removed from the stressful, hectic frenzy of the winter holiday season. Home buyers can furnish their new homes without being stressed out about credit card bills from the winter holidays. Plus, they’ll have plenty of time to get their new home ready to entertain friends and family during the winter holiday season.

Are you a first-time home buyer in Wilmington, Delaware?

You’re in luck! Montchanin Builders has a selection of exquisitely designed, move-in ready homes for sale in Wilmington, Delaware. Our architects and master craftsmen focus on quality, designing homes that are ideal for the needs of modern homeowners. But our properties are going fast, so get in touch with us today!  Schedule an appointment to tour our homes in Darley Green and The Overlook at Rockford Falls.

Take a walking tour of our communities, enjoy the wide-open spaces, lush greenery, and friendly neighbors. Be sure to ask us about special financing incentive —including up to $15,000 towards closing costs. Call (302) 655-2600 to learn more!

Additional resources for home buyers

  1. Money Under 30, How Do You Know When You’re Ready To Buy A Home? https://www.moneyunder30.com/how-do-you-know-youre-ready-to-buy-a-home
  2. Money Crashers, Should I Buy a House Now or Wait? – 6 Factors to Consider, https://www.moneycrashers.com/should-buy-house-now/
couple moving into new home

3 Ways to Save Money on Your Move

Purchasing a new home in northern Delaware is a major investment! New homeowners are often so focused on the price tag of the new house that they neglect to consider the cost of moving itself. The expenses can add up quickly, especially if you’re moving to Delaware from another state. Fortunately, it only takes a little extra planning to cut costs and save money on your move.

Lighten the load

The first step in preparing for any move is to reduce the amount of stuff you have to move. By reducing the amount of stuff you’ll have to move, you’ll save on movers’ fees. The good news is that it can be easier to let go of old furniture when you’re moving into a new house compared to moving into another apartment. When you buy a new construction home, you can look forward to decorating it in your own style. This will likely require buying new furniture. Decide which pieces of furniture you’re going to keep and what you’ll donate or discard.

Then, ask every family member to sort through their belongings and decide what they can donate or discard. If you have kids who have trouble letting go of old possessions, you could motivate them by setting up a garage sale. Tell them they can keep the profits from any of their own possessions they sell.

Get multiple quotes

It’s always a good idea to shop around before selecting a moving company. You have two main options: Hire actual movers or rent a moving container. If you rent a moving container, it will be delivered to your current residence. You’ll fill it at your leisure and then have it shipped to your new home. Bear in mind that the longer you take to fill the container, the higher the fee will be—so try to pack quickly.

Peak moving season is from May through August. If you’ll be moving during that time, you’ll need to book a moving company as far in advance as possible. If you can delay your move until after August, you can typically get lower rates.

Deduct your moving expenses

One less commonly known way to save money on your move is to deduct your moving expenses on your tax return. Bear in mind that not everyone is eligible, so you may want to consult an accountant. The deduction requirements are outlined in IRS Publication 521. Remember to save your receipts!

Save money on your new construction home

Budget-savvy home buyers know the importance of shopping around. After comparing their options, many of them decide to purchase properties in one of Montchanin Builders’ beautifully designed communities. Our new construction homes in New Castle County, Delaware are placed in friendly neighborhoods and are designed with the needs of modern families in mind. Get in touch with us today to find out about our special financing deals, including $15,000 toward your purchase price! Call today to schedule a viewing at Darley Green or The Overlook at Rockford Falls – 302-472-7212.

Additional resources for new homeowners

  1. Bankrate.com, 7 ways to save on moving costs, https://www.bankrate.com/personal-finance/smart-money/7-ways-to-save-on-moving-costs/#slide=1
  2. U.S. News & World Report, How to Save on Moving Costs, https://money.usnews.com/money/blogs/my-money/articles/how-to-save-on-moving-costs
Mature Friends Enjoying Outdoor Summer Barbeque In Garden

4 Easy Outdoor Entertaining Ideas

One of the exciting aspects of buying a new home in northern Delaware is the beautiful scenery. Your new home is the perfect backdrop for hosting an outdoor get-together for friends and family. Whether you’re planning a formal gathering or a casual get-together, use the following suggestions to get started with the planning process.

Select a theme

It isn’t strictly necessary to choose a theme for a party, but it can be a helpful way to pull the event together and get everyone on the same page. If you do choose a theme, it’s best to send out invitations for the event that explains the theme and offers general recommendations for attire. Look beyond the time-tested Hawaiian-themed parties.

For example, you could throw a Prohibition-era party that borrows from elements of speakeasies. Encourage guests to choose clothing reminiscent of the 1920s. Hold the party in the evening under outdoor lighting. Play jazz or blues, serve cocktails, and play music in the background. You could even use invitations that look like speakeasy membership cards.

Host a potluck

If you’d rather plan an informal outdoor party, consider hosting a potluck. Potlucks are much beloved by hosts everywhere because having the guests do some of the work means the hosts can socialize freely during the party. To ensure that your buffet table isn’t overly burdened with desserts and appetizers, you could circulate a “To Bring” signup list via email.

Plan activities to keep the kids busy

Unless you’re planning an adults-only party, you’ll need a way to keep the kids busy and out of trouble. It’s best to select child-friendly activities that don’t require much adult assistance. Set up crafts stations that are simple enough that the kids don’t need directions, such as a bubble blowing station. If you’re expecting a few toddlers, purchase a set of ball-pit balls and dump them into a dry kiddie pool. And don’t forget to serve some child-friendly food!

Have a backup plan

Even the most carefully planned outdoor party can be derailed by an unfavorable weather forecast. It’s always a good idea to have a backup plan. If you’re inviting too many people to comfortably fit into your living room or dining room, you’ll need to temporarily add on to your living space. Purchase or rent an outdoor canopy to give your deck or porch a roof. Throw open the door so your guests can freely mingle in or out of the house.

Looking for new houses for sale in Wilmington, DE?

You’re in luck! Montchanin Builders still has new homes for sale in our beautifully designed communities of Darley Green and The Overlook at Rockford Falls! These home sites are perfect for folks who love to entertain. Both communities feature plenty of open spaces and lots of greenery. The Overlook at Rockford Falls offers views of Alapocas State Park and is near the Brandwine Creek —an ideal setting for backyard parties. If you’re looking for new homes in northern Delaware, schedule a viewing today!

Additional resources for outdoor living:

  1. Real Simple, 24 Tips for Easy Outdoor Entertaining, https://www.realsimple.com/holidays-entertaining/entertaining/seasonal-events/easy-outdoor-entertaining
  2. Better Homes & Gardens, Easy Outdoor Entertaining Tips and Ideas, https://www.bhg.com/party/birthday/themes/easy-outdoor-entertaining-tips/
home sweet home

4 Ways to Simplify Your Home Buying Experience

Are you a Wilmington, Delaware first-time home buyer? We know that at times the process of finding your first home can seem overwhelming. You may face many unfamiliar logistical hurdles, ranging from applying for a loan to getting your credit in good order. Yes, the process takes time and there may be some headaches that go with it. However, it doesn’t have to be overly complex. See below for our tips on how to simplify the process and get through it as stress-free as possible!

1. Securing a Loan

Before you even begin looking at property, speak with your bank or finance broker to get a finance pre-approval confirmed. Once you start looking at loan options, consider looking beyond the interest rate, which tends to be the prime factor homebuyers give most weight to. Take other variables into consideration, such as the total borrowing amount and plan flexibility. The latter is an especially important one. A flexible plan, for example, may allow you to make additional payments above your monthly requirement, which helps lower your balance and interest.

2. Get All Paperwork Organized

The home-buying process can be a logistical challenge. However, you can simplify the process by getting all the required documents ready early on. The paperwork you should have ready include:

  • Pay stubs
  • The last two years’ worth of W2s and tax returns
  • Bank statements going back three months

Your loan officer may request additional paperwork. Try as hard as you can to get that back to her or him in a timely fashion.

3. Do Not Take on New Debt

To keep the process simple, do not add additional lines of credit. This can be detrimental for your debt to income ratio, not to mention it adds additional paperwork to an already complicated process. In other words, try not to buy anything else prohibitively expensive during the process, such as a car or yacht.

4. Get Pre-Approved Instead of Pre-Qualified

Pre-approval and pre-qualification are not the same thing. Pre-approval is a more thorough report that also includes additional documents missing in a pre-qualification. This includes pay stubs, credit report, and draft loan package. You are more likely to be considered a serious buyer if you have a pre-approval report ready.

Wilmington, DE first-time home buyers are invited to contact Montchanin Builders

Start with Montchanin Builders if you’re looking for homes for sale in Wilmington, Delaware and beyond. If you’re in the market for a new home, we encourage you to schedule a personal tour of our award-winning homes and communities. Be sure to ask us how you can receive up to $15,000 towards closing costs on specific homesites! Call today – 302.472.7212

Resources

  1. Howard Bank, How to Simplify the Home Buying Process, https://www.howardbank.com/maryland-banking-blog/How-to-Simplify-the-Home-Buying-Process
  2. The Home Buyers, Simplifying the Home Buying Process, https://thbuyers.com/simplifying-the-process/

The Role of Natural Light in Choosing a New Home

There are so many factors home buyers look for when they’re shopping around. A house is the biggest investment most families make, and so it makes sense to take your time and compare the details. If you’re a first-time home buyer in Wilmington, Delaware, one of the factors you might want to consider is the amount of natural sunlight a house receives. Sunshine is so important for your overall health—plus, it improves the energy efficiency of the home!

Benefits of natural sunlight

There is plenty of scientific evidence to suggest that natural sunlight is beneficial for human health. Perhaps the most well-known benefit of sunlight is the vitamin D it produces in human bodies. Vitamin D is the only vitamin that can be synthesized through a photosynthetic reaction. It’s essential for strong bones, cancer prevention, and heart health.

Even if you were already familiar with the benefits of the “sunshine vitamin,” you might not have known that natural sunlight can make you more productive in the office. This is because sunlight is a key regulator of melatonin, a hormone. As sunlight enters the optic nerve, it triggers the cessation of melatonin production. When sunlight ceases entering the optic nerve, melatonin production begins again. This regulates the sleep-wake cycle. In other words, if you don’t get enough natural sunlight during the day, you’re more likely to suffer from daytime sleepiness and subsequently, poor work productivity.

Sunlight exposure triggers the production of another hormone, called serotonin. If serotonin levels are too low, people are at an increased risk of depressive disorders. In other words, living in a home with plenty of natural sunshine can help boost your mood.

Finding a home that optimizes natural sunlight

Now that you’re familiar with the benefits of natural sunlight for your family’s well-being, it’s time to take a look at shopping for a home that maximizes light exposure. Perhaps the most important factor is the positioning of the house. Since the U.S. is in the northern hemisphere, all walls facing south will receive the most amount of sunlight throughout the day. Look for a home that places the longest wall facing south. Ideally, this wall would have few to no offsets.

The interior layout of the house can also play a role in optimizing natural light. It’s a smart idea to put the rooms that receive the most daytime activity on the south-facing wall. And of course, that wall should ideally have lots of large windows. This is why architects often place bedrooms along the north-facing wall.

Homes for sale in Wilmington, Delaware 19806

Montchanin Builders embraces new concepts in home design and building, including the optimization of natural sunlight and the incorporation of energy-efficient features. Tour our walkable communities in Delaware today! Enjoy the tree-lined streets and wide open spaces of Darley Green. Tour The Overlook at Rockford Falls, which has a prime location near the Brandywine River, and easy access to state park land and walking trails. If you’re looking for homes for sale in Wilmington, DE  and beyond, schedule a personal tour of our new homes for sale in Delaware by calling 302.472.7212.

Additional resources for home buyers

  1. National Institutes of Health, Benefits of Sunlight: A Bright Spot for Human Health, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2290997/
  2. Utah State University Extension, Designing Your Home for Maximum Natural Lighting, https://digitalcommons.usu.edu/cgi/viewcontent.cgi?article=2497&context=extension_curall
home sweet home

4 Creative Housewarming Gift Ideas

There are so many exciting aspects of buying a new home in Delaware: From meeting new neighbors to figuring out which is your new favorite coffee shop. Throwing a housewarming party is just one more fun way to celebrate new homeownership. If you’re attending a housewarming party as a guest, you won’t have to worry about decorating the house or arranging the catering. But you should bring a housewarming gift to show your appreciation. Here are a few creative ideas to inspire you.

Practical gifts

Many homeowners prefer practical gifts over knickknacks. If your friend is a first-time homeowner, consider gifting a basic tool set. It’ll make it easier for your friend to assemble new bookshelves and get crafty on the weekends. Along those lines, consider gifting a picture hanging tool so your friend can hang perfectly straight pictures in the new house.

Another practical choice, which many homeowners don’t own but should, is a fire extinguisher. Every building needs one. Residential fire extinguishers are small and easy to tuck out of the way. These days, you can even find fire extinguishers with different colors and patterns on the case.

Small stuff

Small gifts can be just as thoughtful as big ticket items. Consider assembling a gift basket of useful and unique items for your friends. You could have address labels made for the new residence. Chalk labels are always helpful for organizing items in the kitchen or craft room. Toss in a home maintenance guidebook, some fancy candles, and a personalized cheese board to complete the gift basket.

Edible housewarming gifts

Nothing says “Welcome to the neighborhood!” quite as well as edible gifts. You can purchase pre-assembled coffee, hot chocolate, and tea gift baskets, or make your own. Breakfast baskets are also popular. Look for fancy pancake mixes, real maple syrup, jams and jellies, and boxed mixes for scones and biscuits.

Bring your edible gift basket to the next level by mixing in related, but inedible items. If your friends love wine, add some cute wine charms and an electric corkscrew. Look for coasters that are personalized to the geographic area of the new home. In a breakfast basket, you could add a couple of specialized pancake plates.

Living housewarming gifts

Every home needs at least one plant. Help your friends get a head start by bringing a small plant in a beautiful planter. If your friends don’t have green thumbs, look for plants that are hard to kill, like succulents. Another fun idea is to gift several small potted herbs. Your friends will love them arranged on the windowsill in the kitchen.

Check out new homes for sale in Wilmington, DE

Are you ready to achieve the American dream of homeownership? Contact Montchanin Builders to tour our beautiful homes for sale in Wilmington, DE. From gourmet kitchens to inviting wraparound porches, our homes will exceed your expectations. Call us today at 302.472.7212 and ask about getting $15,000 toward your purchase, available on select homesites at the Darley Green. You can also set a personal appointment to tour move-in ready homes available at  The Overlook at Rockford Falls and Darley Green!

Additional resources for housewarming parties

  1. Buzzfeed, 40 Housewarming Gifts People Actually Want, https://www.buzzfeed.com/mackenziekruvant/housewarming-gifts-people-actually-want
  2. Good Housekeeping, 30 Thoughtful (and Affordable) Housewarming Gifts, https://www.goodhousekeeping.com/home-products/g1025/starter-housewarming-gifts/
Wedding checklist

3 Reasons Buying a New Home is Like Planning a Wedding

Few life events require as much planning and preparation as weddings and purchasing a home. But that’s not the only reason why buying a new home is similar to planning a wedding. And believe it or not, some couples actually do both at the same time. If you’re planning your dream wedding and buying your dream home, you’ll notice the following similarities.

You both need to get on the same page about expectations.

They say that opposites attract. However, it’s certainly helpful for both partners to be similar in certain ways. Both of you will need to get on the same page regarding the expectations for the wedding and the home. When you’re checking out the listings of Wilmington-area homes for sale, each of you should keep a separate list of must-have and nice-to-have amenities. For instance, if you have your heart set on a single-family home, but your partner is partial to townhomes, some compromising is in order.

You need to develop a comprehensive budget.

Some couples spend only a few hundred dollars on a bare bones wedding, believing that love is more important than materialism. Others decide to make that perfect day as special as possible, and spend thousands on the florist, venue, band or DJ, caterer, dress, and cake. Regardless of your approach, you and your partner need to develop a comprehensive budget for the wedding that includes allowances for every type of expense. The same method applies to buying a home. Knowing how much home you can afford is only part of the equation. You’ll also have to figure out your down payment, develop a budget for moving expenses, and figure out how much you’ll spend on furnishings and décor. And unless you’re buying a new construction, move-in ready home, you might also have to shell out some cash for repairs.

It’s all about location, location, location.

Selecting the right location is one of the most important steps in the process of either buying a home or planning a wedding. For the wedding, you’ll want a beautiful location that will look great in the wedding photos. You’ll have to decide whether you want to stay close to home or opt for a destination wedding. For your new home, location is even more important, since you expect to be there for years or decades, rather than a day. Look for a community that’s convenient to major attractions and major cities nearby, but also has the right family-friendly atmosphere for your future.

Looking for new construction homes near Philadelphia?

Preparing to purchase a home can be a long, difficult process, but Montchanin Builders makes it easy through our partnership with our preferred lender. Our new home communities in Delaware are close to major attractions and transportation hubs. They’re also neighborly, walkable communities that are perfect for families, individuals, and seniors who are looking for a peaceful sanctuary to call home.

Call Montchanin Builders today at 302-472-7212 or fill out our online form. Schedule a tour of our move-in ready Wilmington homes for sale at our communities of Darley Green, The Overlook at Rockford Falls or The Town of Whitehall.

Additional resources for home buyers:

  1. The Knot, The Dos and Don’ts of Buying a Home While Wedding Planning, https://www.theknot.com/content/buying-home-wedding-planning
  2. U.S. News & World Report, Home or Wedding? Couples Choose the House, https://money.usnews.com/money/blogs/alpha-consumer/2010/08/09/home-or-wedding-couples-choose-the-house

What Real Estate Agents Really Want First-Time Homebuyers to Know

Are you considering putting down roots and investing in a place of your own? Without question, buying a home is an exciting and life-changing moment – especially for first-timer buyers. It is also a complex process that can be wrought with confusion, anxiety and costly mistakes. How do you make a sound purchase and avoid common pitfalls?

Whether you’re looking at homes for sale in Wilmington, DE or other metropolitan areas, you can set yourself up for success with a bit of insider knowledge.

Here’s what expert real estate agents want everyone to know before they invest in their first home.

Get your finances in order

Before you begin the search for your dream home, it’s important to take a long, hard look at your finances and establish exactly how much home you can afford. It may be tempting to stretch beyond your economic means for that perfect space in the perfect neighborhood, but this strategy is a slippery slope in the long-run. There are several home buying calculators online that can help you determine a price range that is safely within your budget.

Get pre-qualified for a mortgage

Now that you are clear on what your fiscal limits are, it’s time to check your credit score to ensure you are in tip-top shape for getting a mortgage pre-approval. If there are any errors on your credit record, take the time to get them sorted out to optimize your rating. Your credit score, along with your assets, income and outstanding debts will be analyzed when applying for a home mortgage. Once you have a pre-approval letter that stipulates the loan amount and terms, you’re in a much better position when it comes time to make an offer.

Explore housing options, know what you want

The residential real estate market is literally brimming with choices. Think about what type of home and neighborhood fits your lifestyle, preferences and needs? Do you want a low-maintenance lifestyle associated with townhome living, or tons of yard space to create a garden? Take advantage of open houses, home showings and evaluate the pros and cons of each property you visit. Experts suggest researching local schools in the vicinity (even if you don’t have children), as this can impact home value.

Consider location, neighborhood and long-term value

Once you narrow down your prospects, take a good look at the location and the neighborhood. According to a recent poll by the National Association of Realtors (NAR), nearly 80 percent of home buyers value neighborhood quality more than square footage of the home itself. Another 58 percent of homebuyers think a manageable commute is more important than having a large yard. According to NAR surveys, more than half of millennials prefer living in walkable Delaware townhome communities with short commutes, while older generations tend to gravitate toward single family homes in suburban areas.

Browse new communities in Wilmington, DE

Montchanin home builders in Delaware are proud to offer a wide selection of affordable, new construction homes in Delaware. If you want to live in a pedestrian-centric neighborhood close to excellent schools, public transportation and other amenities, we welcome you to tour our beautiful and affordable family home communities including Darley Green and The Town of Whitehall.

New home communities in Delaware are in high demand for good reason. Discover the myriad benefits by scheduling a Montchanin Builders home tour today and ask about our special financing options for first-time buyers.

Additional Resources:

  1. NerdWallet, Tips for First-Time Homebuyers https://www.nerdwallet.com/article/tips-for-first-time-home-buyers
  2. Business Insider, 8 best pieces of advice for first-time homebuyers https://www.businessinsider.com/realtor-and-investor-gives-best-advice-for-first-time-homebuyers-2017-12
  3. Realtor.com, Steps for the First Time Home Buyer https://www.realtor.com/advice/guides/first-time-home-buyer/
  4. InsideSources, Walkable Cities Are Where People Want to Live, and Spend https://www.insidesources.com/walkable-cities-are-where-people-want-to-live-and-spend/
Real Estate "sold" sign

Why the End of the Year is a Great Time to Buy a Home

As fall inches toward winter and thoughts turn toward the holidays, savvy house searchers are browsing the houses for sale in Claymont, DE. There is a handful of reasons why the end of the year is a great time to buy a home. During the winter holidays, it tends to be more affordable, more convenient, and more practical to buy a home and move into it. Here’s a closer look from expert home builders in Delaware explaining why you should set aside some time to hunt for your new home.

The end of the year is a buyer’s market.

It’s no secret that most people move in the summer. Starting in the spring, the competition among home buyers starts heating up, and this increase in demand drives housing prices upward. This is why financial experts generally agree that it makes more fiscal sense to purchase a house in December, when housing prices typically drop.

Less competition for attractive homes for sale in Wilmington.

Because there are more buyers hunting for affordable family home communities, there’s far more competition for the most attractive homes in the summer. Bidding wars are great for sellers, but not good for buyers. If you wait until summer to buy your home, you just might find yourself ensnared in a bidding war. And even if you manage to sidestep bidding wars, it’s still frustrating to deal with the competition in the summer. Other buyers might snap up the house you want right when you’ve made the decision to make an offer.

It’s typically easier to book moving companies.

Buying a new home and going through closing is only part of the transition in this major life event. You’ll also need to pack everything up and move your household. If you buy a home at the end of the year, you’ll usually find it easy to book a reputable moving company. Since moving companies have less work during the winter, they may lower their rates to entice customers.

You can snap up bargains to furnish your home.

One of the most fun aspects of buying a house is furnishing it to reflect your personal decorating style. If you’re purchasing a home toward the end of the year, you can take advantage of all of those great sales on home furnishings, décor items, and kitchenware. Additionally, one of the most popular New Year’s resolutions is to get organized. That’s why you’ll typically see organizing systems, baskets, and bins on sale during this time of year. Take advantage of the bargains to organize your new home to fit your family’s lifestyle.

You can find year-round special financing deals in Delaware.

Even though winter is a fantastic time to buy a house, some builders can be counted on to offer great deals and special financing offers year-round. Montchanin Builders is a trusted company that designs walkable, neighborly Delaware townhome communities with beautiful, functional homes. Schedule a tour today to check out our homes for sale in Wilmington, DE. Just one visit to Darley Green, The Overlook at Rockford Falls, or The Town of Whitehall, and you’ll see for yourself why so many home buyers have chosen Montchanin Builders for their new home communities in Delaware. Call us at 302.472.7212 today, and be sure to ask us about special financing!

Additional resources for home buyers:

  1. The Motley Fool, When’s the Best Time to Buy a House? https://www.fool.com/investing/2018/05/31/whens-the-best-time-to-buy-a-house.aspx
  2. The Balance, The Best Time to Buy a House, https://www.thebalance.com/when-is-the-best-time-to-buy-a-home-1798329