Home sales across the United States are picking up again despite the sudden loss of some 22 million jobs due to the coronavirus pandemic. How does that make sense? Record-low mortgage rates and a lack of homes for sale are two key reasons that help explain the dramatic rebound. However, those factors do not tell the whole story.
Congratulations to our sellers in Eagle Trace! Their lovely home is in contract so they can move on to their next adventure.
Mortgage interest rates fell below 3% for the first time ever. The average 30-year fixed-rate mortgage fell to a record low of 2.98% this past week, according to Freddie Mac. That is the lowest level in the nearly 50 years of the mortgage giant’s survey.
Listed at $290,000, this two-bedroom, two-bathroom home features 1,525 square feet of living space. No CDD fees are required with this Tidewater model home located in the highly sought-after community of Eagle Trace near the North East corner of Lakewood Ranch.
In an average year, there is a house fire every minute and a half in the United States. That means there are over 350,000 house fires in our country every year. Are you and your family ready for a fire in your home? While there are a myriad of fire safety and prevention tips, three really stand out for me.