My So DE real estate shopping experience
Hello, new member on the site here. Spent the last 6 months actively scouting land and new construction in Southeastern DE for our retirement and/or forever home, so thought I'd chime in with my own $0.02.
Don't need to parrot what was already said, but visiting through both the summer and the fall, yep I can confirm crowded before Labor Day, and much quieter after. Although it was surprisingly not-nightmarish over July 4th weekend. However, I'm comparing that to the hellscape that is New Jersey's shore points during the summer lol.
We toured at least one of just about every major homebuilder's model homes/developments (NV, Schell, Horton, etcetcetc), in addition to a few custom builders. The prices are way way up, even from the real estate "frenzy" during the peak of the pandemic market over the last year+. I think lots of these builders are recovering from losses incurred during Spring '21 when the cost of materials went through the roof [on projects already price-locked under contracts from the previous fall]. Also, demand appears to remain very strong with inventory still playing catching up.
Lots of land speculation, I've seen decent land parcels go under contract before we could even get down there to see them, and then pop right up on Zillow within a week at a 200% markup. Many of them are sitting at those speculative prices, growing stale in the autumn market.
I think we have settled on Foxlane Homes, btw. They're more of 'boutique' builder, with some very nice developments established in Pennsylvania. Their website for their two upcoming Delaware communities is pending an immediate update any day now with plans/renderings/info etc, right now you can register on it to receive asap info once it's published online.
They're priced around Schell Bros and the nicer NV homes developments, but IMO they have a personal touch and appear more willing to work with individual buyers because they're a smaller operation, not cookie-cutter mass production like the big boys. That's why we believe we're moving forward with them.
I hope this was helpful, if I can lend any other info from our recent 9-10 weekend trips "scouting" real estate along the DE shore points, I'd be happy to share.