Market Activity

Jan. 26, 2017

What Would a Millennial Baby Boom Mean for CT Housing?

 

What Would a Millennial Baby Boom Mean for Housing? | Keeping Current Matters

Recently released data from the National Center for Health Statistics revealed that 1.3 million Millennial women gave birth for the first time in 2015. There are now over 16 million women in this generation who have become mothers.

“All told, Millennial women (those born between 1981 to 1997 …

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Posted in Market Activity
Jan. 25, 2017

Will Housing Affordability Be a Challenge in 2017?

Will Housing Affordability Be a Challenge in 2017? | Keeping Current Matters

Some industry experts are saying that the CT housing market may be heading for a slowdown in 2017 based on rising home prices and a jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors …

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Posted in Market Activity
Jan. 16, 2017

If Your Connecticut Home Hasn't Sold Yet... Check the Price!

If Your Home Hasn’t Sold Yet… Check the Price!

If Your Home Hasn’t Sold Yet… Check the Price! | Keeping Current Matters

The CT residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many …

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Posted in Market Activity
Jan. 10, 2017

Year-Over-Year CT Sales Increases Reach Double Digits in 5 Price Catergories

 

Year-Over-Year Sales Increases Reach Double Digits in 5 Price Categories | Keeping Current Matters

The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, Connecticut home sales are up dramatically in five of the six price ranges they measure.

CT homes priced between $100-250K showed a 20.7% increase year-over-year. This is an impressive increase, showing that …

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Posted in Market Activity
Jan. 9, 2017

Inadequate Inventory Driving Prices Up in CT

 

Inadequate Inventory Driving Prices Up | Keeping Current Matters

The latest Existing Home Sales Report from the National Association of Realtors (NAR)revealed a direct correlation between a lack of inventory and rising prices.

We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item …

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Posted in Market Activity
Jan. 4, 2017

Start 2017 Off Right... List Your CT House for Sale!

 

Start 2017 Off Right… List Your House for Sale | Keeping Current Matters

As we bring in the New Year, families across Connecticut will be deciding if this is the year that they will sell their current house and move into their dream home. Many will decide that it is smarter to wait until the spring “buyer’s market” to list their house …

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Posted in Market Activity
Dec. 29, 2016

Existing Home Sales in CT Surge Through the Holidays

 

Existing Home Sales Surge Through The Holidays [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • November’s Existing Home Sales report revealed that CT sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).”
  • Total housing inventory (or …
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Posted in Market Activity
Dec. 28, 2016

The Fed Raised Rates: What Does that Mean for Connecticut Housing?

 

The Fed Raised Rates: What Does that Mean for Housing? | Keeping Current Matters

You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in Connecticut in the near future?

Many in the Cnnecticut housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of …

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Posted in Market Activity
Dec. 27, 2016

Student Loans= Higher Credit Scores CT!

Student Loans = Higher Credit Scores

Student Loans = Higher Credit Scores | Keeping Current Matters

According to a recent analysis by CoreLogic, CT millennial renters (aged 20-34) who have student loan debt also have higher credit scores than those who do not have student loans.

This may come as a surprise, as there is so much talk about student loans burdening Millennials …

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Posted in Market Activity
Dec. 22, 2016

Home Prices: Where Will They Be in 5 Years?

Home Prices: Where Will They Be in 5 Years? | Keeping Current Matters

Today, many real estate conversations center on Connecticut housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they …

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Posted in Market Activity