Town and Country Blog

In the hottest real estate market since the peak before the Great Recession, home sellers are calling the shots. Most of those sellers are baby boomers—and they’re making out like bandits.Sellers made a median $66,000 on the sale of their homes—a $6,000 increase from the previous year, according to the National Association of Realtors® 2021 Home Buyers and Sellers Generational Trends Report.The report covered only the early months of the COVID-19 pandemic, as it was based on a survey prov... read more
If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS), it’s estimated that Americans can expect an average refund of $2,925 when filing their taxes this year. The map below shows the average anticipated tax refund by state: Thanks to programs from the Federal... read more

What It Means To Be in a Sellers’ Market

Posted by Brooke Price on April 08, 2021 in  uncategorized
If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a... read more

Homeownership Is Full of Financial Benefits

Posted by Brooke Price on April 13, 2021 in  uncategorized
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: ·        88% – a better chance of saving for retirement ·        87% – the best investment plan ·        ... read more
Which is the better investment, owning a home or owning stocks? If you ask most Americans, chances are they prefer the former. A new study from the Federal Reserve Bank of New York examined consumer preferences toward being a homeowner and how their attitudes have changed over the course of the COVID-19 pandemic. Survey participants were asked to rate which was the better investment — a home or financial assets such as stocks — and what factors contributed to their choice. The study found that over... read more