You’ve heard the old saying by Isaac Newton, “What goes up must come down.” Well, the opposite is also true, especially for home mortgage rates...what goes down must come up. We’ve been enjoying rates at record lows for years, but now we’re starting to see an uptick. What’s prompting them to rise? Here are some key indicators to watch:
The final numbers are in, and Harbor Club on Lake Oconee has once again experienced stellar residential sales at our Southern Living-Inspired Community. Despite 2020’s COVID-19 pandemic, or perhaps because of it, our real estate sales jumped 31.7% compared to 2019. It’s also the sixth year in a row that our award-winning community has attained a double-digit percentage increase in sales. Talk about unprecedented.
Due to the pandemic, Americans are buying more homes in exclusive resort communities (like Harbor Club.) We've certainly seen an unprecedented uptick in sales this past year. But, what's prompting so many people to buy in resort-style communities, especially during this era of COVID-19?
As this unusual year draws to a close, we're reflecting on all our blessings and accomplishments in 2020. Yes, despite the pandemic, we've had a good year. We're thankful for so much here at Harbor Club -- especially for our fantastic residents and members. Our Southern Living-Inspired Community continues to be an incredible place to live, work, and play.
Whether you're a home buyer or a home seller, you're probably wondering what the market will be like in 2021. Remarkably, 2020 proved to be an excellent year in the world of real estate sales, even with the pandemic. But will that positive trend continue? Have no fear -- all indicators show that the 2021 housing market is far from being a bust. Here are some compelling reasons why the housing boom will continue into the new year.
The holiday season is here, and it’s the most wonderful time of the year (yes, even during a pandemic.) Part of what makes it so fantastic is that it's the season of giving. It’s what the season is about, after all. Psychology Today has proof that "It's better to give than to receive."
