The media still reports a large inventory of new homes but where are they? Not in Delaware. The days of new home builders continuing to build regardless of sales are behind us. Much of that inventory was blown out last year as builders learned again about the rules of supply and demand. For cash buyers or those who have already sold their home, the selection of homes ready to be occupied is dwindling. This is good for sellers of  nearly new homes in sought after communities. And, when more buyers begin to sell their homes, resales will become even more attractive.

Demand is growing for retirement homes in Delaware but it has been delayed by the inability of buyers to sell their existing homes. When those markets begin to improve, just watch the inventory disappear and sales of existing homes grow. It's already begun.