Market Activity

May 24, 2016

Are Foreclosures Increasing or Decreasing in Connecticut?

Are Foreclosures Increasing or Decreasing? | Keeping Current Matters

Recently, there has been a lot of talk about the size of the foreclosure inventory in Connecticut. There has been some speculation that distressed property inventories are about to skyrocket. Today, I want to reveal what is actually taking place in the segment of the Connecticut housing market.

CoreLogic, in …

View More
Posted in Market Activity
May 23, 2016

The Presidential Election and Its Impact on Housing

 

The Presidential Election and Its Impact on Housing | Keeping Current Matters

Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained:

“A growing body of research shows that during presidential election …

View More
Posted in Market Activity
May 21, 2016

Connecticut Sales Up in Nearly Every Price Range

Sales Up In Nearly Every Price Range | Keeping Current Matters

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

Only those homes priced under $100,000 showed a decline (-4.6%). The decline in this price range points …

View More
Posted in Market Activity
May 19, 2016

Where is Housing Headed for the Rest of 2016?

 

Where is Housing Headed for the Rest of 2016? | Keeping Current Matters

With the overall economy just inching along, some experts are questioning whether the housing market can continue its momentum throughout the rest of the year. People are beginning to ask questions such as:

  • Will disappointing economic news adversely impact housing?
  • Is affordability a major concern in today’s real estate …
View More
Posted in Market Activity
May 18, 2016

Connecticut Housing Market Snapshot

 

Housing Market Snapshot [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Home sales are up 1.5% year-over-year and 5.1% month-over-month.
  • Demand is still much higher than the available housing inventory which declined 2.2% from March 2015.
  • This is the 49th consecutive month with year-over-year price gains.

Contact a real estate professional at Dave Jones …

View More
Posted in Market Activity
May 17, 2016

Four Reasons to Move Up to Your Dream Home in Connecticut this Spring

 

4 Reasons to Move Up to Your Dream Home This Spring | Keeping Current Matters

Spring is in full force; the summer is right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider listing your current home and moving up to your dream home now, instead of waiting.

1. Buyer Demand is …

View More
Posted in Market Activity
May 16, 2016

Mortgage Rates Remain At Historic Lows in Connecticut

 

Mortgage Rates Remain at Historic Lows | Keeping Current Matters

The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%).

This is great news for homebuyers who are dealing with rising prices due to a low …

View More
Posted in Market Activity
May 14, 2016

Americans Believe Real Estate is the Best Long- Term Investment

 

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

Some Highlights:

  • Real estate outranks stocks/mutual funds, gold, savings accounts/CD's, and bonds as the best long-term investment among Americans.
  • Real estate is ranked as the best long-term investment among all age groups.
  • Millennials rank both real estate and savings/CD's at 26% when it …
View More
Posted in Market Activity
May 12, 2016

Connecticut Housing Inventory Disappearing

Housing Inventory Disappearing | Keeping Current Matters

The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report which gives insight into today’s market conditions. 

New Haven County Real Estate Inventory Levels & Demand

Sales of …

View More
Posted in Market Activity
May 11, 2016

There is No Housing Bubble Connecticut

 

Warren Buffett: There is No Housing Bubble | Keeping Current Matters

With home prices expected to appreciate by over 5% this year in Connecticut, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained:

“I don’t see a nationwide bubble in real estate right now …

View More
Posted in Market Activity