According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the CT housing market has continued to move deeper into buy territory.

The BH&J Index is a quarterly report that attempts to answer the question:

In today’s CT housing market, is it better to rent or buy …

The National Association of Realtors, The Mortgage Bankers’ Association, Freddie Mac and Fannie Mae are all projecting that Connecticut home sales will increase in 2017. Here is a chart showing what each entity is projecting in sales for this year and the next.

As we can …

Some Highlights:

• Existing home inventory in Connecticut is down 10.1% from last year.
• A lack of inventory explains the modest increase in Connecticut home sales (0.8% year-over-year) despite strong buyer demand.
• Existing Connecticut home prices increased 5.1% year-over-year, which is directly related to the lack of …

Price Appreciation = Good News for Connecticut Homeowners

Frank Nothaft, CoreLogic’s Chief Economist, explains:

“CT home-value gains have played a large part in restoring home equity. The CoreLogic Home Price Index (HPI) recorded 5.2 percent growth in the year through June, an important reason that the number of …

Whenever there is talk about the improving CT housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade.

Here are five data points that show the CT housing …

School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your CT house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family …

There are some experts questioning whether the current pace of Connecticut residential home sales is sustainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a …

There is some thinking that the pace of the Connecticut housing recovery is unsustainable and that we may be heading for another housing bubble. However, Jonathan Smoke, the Chief Economist of realtor.com explains the basic difference between 2005 and today:

“The havoc during the last cycle was the …

There are some that think that housing affordability is a challenge. Historically, that’s not true. Others think that Connecticut home prices are approaching bubble values. If we look back over the last sixteen years, that is also not the case. As a matter of fact, the numbers show that the Connecticut …

There are some industry pundits claiming that Connecticut residential home values have risen too quickly and that current levels are on the verge of another housing bubble. It is easy to see how this thinking has taken form if we look at a graph of home prices from 2000 …