Town and Country Blog

4 Tips to Maximize the Sale of Your House

Posted by Brooke Price on April 27, 2021 in  Useful Information
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to the National Association of Realtors (NAR), homes are typically on the market for just 18 short days. Despite the speed and opportunity for sellers, there are still st... 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

Knowledge Is Power on the Path to Homeownership

Posted by Brooke Price on December 10, 2020 in  Useful Information
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the home buying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen Z’ers in the U.S., making up a significant number of both current and soon-to-be homebuyers. According to a recent Fannie Mae survey of more than 2,0... read more
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there was last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply constraints in most markets has contributed to slight moderation in seasonally-adjusted and year-over-year new pending contract growth for two consecutive months (albeit still growing strongly), ... read more