This is certainly a great time to sell your current house and make the move to Governors Towne Club in Acworth. With mortgage rates a full percentage point below last year’s rates and low housing inventory, it is the perfect time to sell and purchase a new home.
This article in KeepingCurrentMatters.com explains why the time is now.
Low Housing Inventory Means Higher Home Value
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates.
Undeniably Low Mortgage Rates
Low mortgage rates have driven buyer demand over the last twelve months. According to Freddie Mac, rates stood at 3.72% at the beginning of 2020. Today, we’re starting 2021 with rates one full percentage point lower than that. Low rates create a great opportunity for homebuyers, which is one reason why demand is expected to remain high throughout the new year.
If the time is right for you, Governors Towne Club is the move to make! Move-in ready homes are now available , but hurry in, these homes will go quickly due to low home inventory.