Town and Country Blog

Is Buying a Home Today a Good Financial Move?

Posted by Brooke Price on December 03, 2020 in  Useful Information
There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand for home purchases. This increase in demand, on top of the severe shortage of homes for sale, has also caused more bidding wars and thus has hom... read more
This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their dream homes may be pressing pause on their searches as we approach the end of the year, but that could be a big mistake for many hopeful house hunters. Here’s why.  According to the most recent Housing Tr... read more
Savvy home buyers know that winter is typically a good time to embark on a house hunt, since much of their competition stays holed up at home until spring. But this winter, buyers might notice that despite the cold and the holidays, they've got company. Lots of it, in fact. "Normally winter is a good time for buyers," says realtor.com® chief economist Danielle Hale. However, since the coronavirus kept buyers on lockdown for much of spring, many are making up for lost time by home shopping hard ri... read more

Homes for Sale Are Rapidly Disappearing

Posted by Brooke Price on November 24, 2020 in  Useful Information
Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained: “While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low inventories combined with high demand due to record-low mortgage rates is sending buyers to the market in a flurry.” However, one challenge for the housing industry head... read more
Nothing, not even a coronavirus pandemic, can stop Black Friday from arriving—in fact, many of this year's hottest bargains rolled out weeks before Thanksgiving, rather than adhering to the tradition of waiting until the day after. And for first-time home buyers, this is truly a prime opportunity to stock up on all the essentials you need to keep your house in good shape without draining your wallet. Eager to snag a bargain but not sure what to get? For some help sussing out the best ... read more
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