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Some Highlights:
- Every hour in the United States: 614 homes are sold, 81 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $1.51!
- Contact a Real Estate …
Market Activity
March 15, 2018
The Difference an Hour Will Make This Spring in CT
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Market Activity
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March 14, 2018
A New CT Housing Bubble Forming.. Not Before 2024!
A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” …
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Market Activity
March 13, 2018
CT Home Prices: The Difference 5 Years Makes
The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009.
One of the key …
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Market Activity
March 12, 2018
Competition is Coming, Are You Thinking of Selling Your CT Home?
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & …
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Market Activity
March 9, 2018
Ct Housing Market Expected to "Spring Forward" This Year
Just like our clocks this weekend in the majority of the country, the CT housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back …
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Market Activity
March 7, 2018
Are CT Home Values Really Over-inflated?
Last week, the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report:
“The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s …
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Market Activity
March 5, 2018
Is Now A Good Time to Rent in Ct?
People often ask if now is a good time to buy a home, but nobody ever asks when it’s a good time to rent. Regardless, I want to make certain that everyone understands that today is NOT a good …
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Market Activity
Feb. 28, 2018
Mortgage Rates in CT on FIRE! Home Prices Up in Smoke?
Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year.
What impact will rising rates have on house values in CT?
…
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Market Activity
Feb. 21, 2018
Calm Down! The CT Real Estate Market is NOT Falling Apart
Does the concern about the current CT housing market have merit?
Financial advisors have been warning us for months that the stock market was ripe for a “correction.”
Experts have been questioning the value of alternative currencies for over a year.
In contrast, …
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Market Activity
Feb. 20, 2018
Low Inventory Pushes CT Home Prices Higher
According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase.
Dr. Frank Nothaft, Chief Economist …
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