Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is "the single biggest mistake millennials are making"because buying real estate, especially in CT, is "an escalator to wealth.”

Bach went on to explain:

"If CT millennials don't buy …

Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a CT homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs …

Some Highlights:

• As we usher in the new year, one thing is for certain… if you plan to buy or sell a house in CT this year, you need a real estate professional from Dave Jones Realty on your team!
• There are many benefits to using a local professional …

There are some renters who have not yet purchased a CT home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s.

As an owner, your …

According to a recent report by Trulia, “buying is cheaper than renting in CT by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension. But, does that make sense from a financial perspective?

In the report, Ralph …

As the temperature in many areas of the country starts to cool down, you might think that the Connecticut housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream home this winter instead of waiting for spring …

Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced Real Estate Professional from Dave Jones Realty to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For …

There are many people sitting on the sidelines trying to decide if they should purchase a CT home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And …

The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ability to purchase. We want to rectify the …

A considerable number of potential buyers shy away from jumping into the CT real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification.

For many, the mortgage process can be scary, but it doesn’t have to be!

In …