Market Activity

April 14, 2017

15,014 Sold Yesterday... Did Yours?

 

15,014 Homes Sold Yesterday… Did Yours? | Keeping Current Matters

There are some CT homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is... If it hasn't sold yet, maybe it's not priced properly.

After all, 15 …

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Posted in Market Activity
April 13, 2017

Buying in CT this Spring? Be Prepared for Bidding Wars!

Buying this Spring? Be Prepared for Bidding Wars | Keeping Current Matters

Traditionally, spring is the busiest season for real estate in CT. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different!

CT buyers have already been out in force looking for their dream homes and …

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Posted in Market Activity
April 12, 2017

The 'Real' News About Housing Affordability in CT

 

 

 

 

 

 

 

 

 

Some industry experts are claiming that the CT housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use …

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Posted in Market Activity
April 5, 2017

Consumer Confidence in Economy & Housing is Soaring in CT

Consumer Confidence in Economy & Housing is Soaring | Keeping Current Matters

The success of the Connecticut housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, I believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject.

HousingWire:

“Consumers’ faith in the housing …

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Posted in Market Activity
March 23, 2017

4 Great Reasons to Buy This Spring in CT!

 

4 Great Reasons to Buy This Spring! | Keeping Current Matters

Here are four great reasons to consider buying a home in CT today instead of waiting.

1. CT Home Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that CT home prices have appreciated by 6.9% over the last 12 months. The same report predicts that prices …

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Posted in Market Activity
March 21, 2017

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture of CT

 

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture | Keeping Current Matters

The inventory of existing homes for sale in today’s CT market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive …

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Posted in Market Activity
March 20, 2017

Which CT Homes Have Appreciated the Most?

 

Which Homes Have Appreciated the Most? | Keeping Current Matters

CT home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that CT home …

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Posted in Market Activity
March 15, 2017

Thinking of Selling in CT? Do it TODAY!!

 

Thinking of Selling? Do it TODAY!! | Keeping Current Matters

That headline might be a little aggressive. However, as the data on the 2017 CT housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!

The February numbers are not in yet, but the January …

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Posted in Market Activity
March 14, 2017

CT Housing Market Expected to "Spring Forward"

 

Housing Market Expected to “Spring Forward” | Keeping Current Matters

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 the Connecticut market.

Many potential …

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Posted in Market Activity
March 10, 2017

Spring Forward: The Difference An Hour Makes in CT

 

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

Some Highlights:

  • Don’t forget to set your clocks forward this Sunday, March 12th in observance of Daylight Savings Time.
  • Every hour in the United States: 649 homes are sold, 177 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises …
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Posted in Market Activity