Boomers and Beyond at the Beach...in Delaware. by Kathy and Bill

Sales and Resales in 2008

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This has been a slow year for sales at Heritage Shores. Of course, it has been a slow year for sales everywhere when compared to 2005 when the first homes were sold and occupied in this community. Even compared to 2007, when there were 77 homes sold at Heritage Shores, 2008 has provided a great opportunity for buyers.

 

When times get tough, builders get creative. In good times, premium lots can command a big premium. In lean times, those premiums disappear and upgrades can be negotiated. Because of that, many buyers believe they can get a better deal by negotiating with the builder rather than by looking at resale homes in the same community. In a new community a resale is only a couple of years old and may be in a prime location that is not available with new construction in the current phase.

 

Looking at the actual year-to-date sales at Heritage Shores, I found the following statistics:

  • Four (4) new attached homes sold at an average sales price of $293,754
  • One (1) attached resale was sold at $229,900
  • Fourteen (14) new single family homes sold at an average sales price of $368,336
  • Four (4) single family resale homes have sold at an average sales price of $328,750

What do these numbers indicate? You might be able to find the best opportunity in a resale home. To find out which is best for you, have your Buyer Agent show you resale homes as well as new homes in any community you’re considering.

Categories: Heritage Shores, Real Esate, Uncategorized

Del Tech classes and more at Heritage Shores Club

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Last year the wood working shop opened at the Heritage Shores Club. I’m told it has every imaginable tool so we should expect to see some wonderful pieces on display at residents’ homes. To help hone their skills, Del Tech is offering a wood carving class at the clubhouse for Heritage Shore’s residents only.

 

There is a Geneaology group that meets monthly and an active walking group; both combine field trips with lunch at their destinations. And then there are the Ladies who lunch at a different restaurant each month, traveling to towns all around Delmarva.

 

For the holidays, a digital storybook class is helping residents create holiday gifts and in January, there will be a Fiber Arts Exhibit of the handwork made by members of that group. This exhibit is open to the public, so mark your calendar to visit the Clubhouse between January 6 and 8, 2009.

Categories: Heritage Shores, Retirement, Uncategorized


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