CT Buyer Tips

April 26, 2016

Do You Need A Perfect Credit to Buy A Home in Connecticut?

 

Do I Need Perfect Credit To Buy A Home? | Keeping Current Matters

Some Highlights:

  • The average FICO score of Approved Conventional Loans was 757 last April.
  • The average FICO score of Approved FHA Loans was 688 last April.
  • Since April 2015, the ability of Americans to obtain a mortgage has increased substantially!

Contact a Real Estate professional at Dave Jones Realty …

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Posted in CT Buyer Tips
April 24, 2016

Over Half of Americans, including Connecticut Residents, Planning on Buying in the Next 5 Years

 

Over Half of Americans Planning on Buying in the Next 5 Years | Keeping Current Matters

According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would …

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Posted in CT Buyer Tips
April 19, 2016

Thinking of Buying A Home in Connecticut? What Are You Waiting For?

 

Thinking of Buying A Home? What Are You Waiting For? | Keeping Current Matters

With summer right around the corner, you may be wondering if you should wait to enter the housing market. Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices …

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Posted in CT Buyer Tips
April 16, 2016

You Can Save for a Down Payment for Your Dream Home in Connecticut Faster Than You Think

You Can Save for a Down Payment Faster Than You Think | Keeping Current Matters

In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home.

Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage of …

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Posted in CT Buyer Tips
April 10, 2016

Low Inventory Causes Home Prices to Accelerate in Connecticut

 

Low Inventory Causes Home Prices to Accelerate | Keeping Current Matters

The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price report earlier this month. The report revealed that home prices in Connecticut are not only continuing to rise but that the increases are accelerating. Lawrence Yun, Chief Economist at NAR, discussed the impact of low …

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Posted in CT Buyer Tips
April 9, 2016

The Real Estate Experts in Connecticut

 

“Real estate sales have changed more in the last year than the prior 100 years. I needed a real estate agent in 1997. I didn’t have the password to the MLS.” 

- Daniel Pink, bestselling author of the book Drive at a real estate conference February 2014.

There …

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Posted in CT Buyer Tips
April 8, 2016

Past, Present, & Future Home Values in Connecticut

 

Past, Present & Future Home Values| Keeping Current Matters

In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months.

Here are state maps for each category:

The Past – home appreciation over the last 12 months..

Past, Present & Future Home Values | Keeping Current Matters

The Present – home …

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Posted in CT Buyer Tips
April 6, 2016

Are You Wondering What It Takes To Buy Your First Connecticut Home?

Are You Wondering What It Takes To Buy Your First Home? | Keeping Current Matters

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease in Connecticut. 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 …

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Posted in CT Buyer Tips
April 5, 2016

The Difference An Hour Makes This Spring in Connecticut

 

The Difference An Hour Makes This Spring [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Sunday, March 13th, we "Spring Forward" one hour for Daylight Savings Time (except for our friends in HI & AZ).
  • Every hour in the United States, 624 homes will sell and 118 homes will regain positive equity.
  • The median home value will also increase each hour in the …
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Posted in CT Buyer Tips
April 4, 2016

Home Ownership in Connecticut Is A Great Investment!

 

Don't Be Fooled... Homeownership Is A Great Investment! [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Harvard University's Joint Center of Housing Studies recently released the top financial & emotional reasons to own a home.
  • Owning a home in Connecticut is a good way to build up wealth that can be passed along to your family as it is usually a form of "forced …
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Posted in CT Buyer Tips