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.
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.
Last week we showcased three of our most spectacular Patriot Builder home listings. This week, we have four more incredible homes to share. The first two are golf-front listings and the last two are one-level-living ranches that offer serene lake and wooded views. All are new, quality-built Patriot Builder homes.
