Every three years, the Federal Reserve conducts a survery in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago.
The study revealed that the 2016 median net worth of CT homeowners was $231,400 - a 15% increase since …
Here are five reasons listing your CT home for sale this fall makes sense.
The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand in CT remains very strong. These buyers are ready, willing, and able to purchase… …
I previously informed you about a study conducted by TransUnion titled, “The Bubble, the Burst and Now – What Happened to the Consumer?” The study revealed that 1.5 million homeowners who were negatively impacted by the housing crisis could re-enter the housing market between 2016-2019.
Recently, HousingWire …
According to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years.
After what transpired just ten years ago, I can understand the concern CT residents have about the current increase in …
Every three years, the Federal Reserve conducts their 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 …
Contrary to what many believe, CT millennials are not the ‘renter’ generation. CT millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise …
Spring is traditionally the busiest season for real estate. CT Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home. CT homeowners, in preparation for the increased demand, are enticed to list their house for sale and move on to the home …
CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year.
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows …
According to Bankrate’s latest Financial Security Index Poll, CT residents who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.
Bankrate asked them to answer the following question:
“What is the best way to invest money …
