Town and Country Blog

Why It’s Important to Price Your House Right Today

Posted by Brooke Price on December 29, 2020 in  uncategorized
Even in today’s seller’s market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year. Danielle Hale, Chief Economist for realtor.com, notes:    “We expect price gains to ease somewhat i... read more

Are Home Prices Headed Toward Bubble Territory?

Posted by Brooke Price on December 17, 2020 in  Useful Information
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has averaged 3.8%. Here are the latest 2020 appreciation numbers from three reliable sources: ·        FHFA: 7.8% ·     &nb... read more