Town and Country Blog

What Does 2021 Have in Store for Home Values?

Posted by Brooke Price on January 14, 2021 in  uncategorized
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability of for-sal... read more

Is This the Year to Sell My House?

Posted by Brooke Price on January 12, 2021 in  uncategorized
If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why. According to the latest Home Purchase Sentiment Index from Fannie Mae, 57% of consumer respondents to their survey indicate now is a good time to buy a home, wh... read more

Four Expert Views on the 2021 Housing Market

Posted by Brooke Price on January 07, 2021 in  uncategorized
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In 2021, I think rates will be similar or modestly higher, maybe 3%…So, mortgage rates will continue to be historically favorable.” Danielle Hale, ... read more

Why Not to Wait Until Spring to Make a Move

Posted by Brooke Price on January 05, 2021 in  uncategorized
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some of the biggest wins for homebuyers this season. 1.   Mortgage Rates Are Historically Low   In 2020, mortgage rates hit all-time lows 16 times. Continued low rates have s... read more
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