Market Activity

Aug. 8, 2016

Do You Know the Impact Your Interest Rate Makes in CT?

 

Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Connecticut interest rates have come a long way in the last 30 years.
  • The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
  • CT interest rates are at their …
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Posted in Market Activity
July 30, 2016

Connecticut Home Sales Accelerate During the "Dog Days of Summer"

 

Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Existing Connecticut home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.
  • Inventory of Connecticut homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year.
  • Median Connecticut home sales …
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Posted in Market Activity
July 29, 2016

Connecticut Residents Believe Real Estate is the Best Long-Term Investment

 

Americans Believe Real Estate is Best Long-Term Investment | Keeping Current Matters

According to Bankrate, Connecticut 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:

“Which would be the best way to invest money you did not need …

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Posted in Market Activity
July 26, 2016

The Top Reason to List Your Connecticut Home Now!

 

The Top Reason to List Your House For Sale Now! | Keeping Current Matters

If you are debating listing your Connecticut house for sale this year, here is the #1 reason not to wait! 

Connecticut Buyer Demand Continues to Outpace the Supply of Homes For Sale

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage …

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Posted in Market Activity
July 25, 2016

The Impact on Connecticut Mortgage Rates

 

Brexit 1 Month Later: The Impact on Mortgage Rates | Keeping Current Matters

Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the Connecticut residential mortgage market. Today, I want to share the impact …

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Posted in Market Activity
July 24, 2016

Connecticut Rents Skyrocket at Highest Rate in almost a Decade

 

Rent Set to Exceed $535 Billion Paid Last Year | Keeping Current Matters

An analysis by Market Watch revealed the cost of Connecticut rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain since 2007.

This coincides with a report released earlier this month in which AxioMetrics announced that Connecticut rents are …

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Posted in Market Activity
July 22, 2016

Slaying Myths About Home Buying in Connecticut

 

Slaying Myths About Home Buying [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Connecticut interest rates are still below historic numbers.
  • 88% of Connecticut property managers raised their rent in the last 12 months!
  • Credit score requirements to be approved for a mortgage in Connecticut continue to fall.
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Posted in Market Activity
July 11, 2016

Saving to Buy A Connecticut Home? Do You Know the Difference Between Cost & Price?

 

Saving to Buy a Home? Do You Know the Difference Between Cost & Price? | Keeping Current Matters

As a seller, you will be most concerned with the ‘short term price’ – where Connecticut home values are headed over the next six months. As a buyer, you must be concerned not with price but instead with the ‘long term cost’ of the Connecticut home.

Many economists have …

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Posted in Market Activity
July 1, 2016

Sales in Connecticut At Highest Pace in 9 Years!

 

Sales at Highest Pace in 9 Years [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Sales of existing Connecticut homes reached the highest annual pace in over 9 years..
  • Connecticut inventory remains below the 6-month norm and prices are still on the rise.
  • Interest rates are at a historic low of 3.48%.

Meet with a real estate professional at Dave Jones …

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Posted in Market Activity
June 29, 2016

5 Reasons to Sell Your Connecticut Home This Summer

 

5 Reasons to Sell This Summer | Keeping Current Matters

As the temperature rises, Connecticut buyers are coming out ready to purchase their dream homes. The summer is a great time to list your home for sale. Here are five reasons why:

1. Demand Is Strong in Connecticut 

The latest Buyer Traffic Report from the National Association of Realtors …

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Posted in Market Activity