Last week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real Estate™,” given by Joseph Nahas, Jr., Chair of the Counselors of Real …
The housing crisis is finally in the rear-view mirror as the CT real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue …
With CT home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit.
In a study …
People often ask if now is a good time to buy a home in CT, but nobody ever asks whether or not it’s a good time to rent. Regardless, I want to make certain that everyone understands that now is NOT a good time to rent.
The Census Bureau …
According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month.
NAR’s Chief Economist, Lawrence Yun …
![The Cost of Renting vs. Buying [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2018/06/06102742/Rent-vs.-Buy-STM-1046x1354.jpg)
Starting late last year, some predicted that the 2018 tax changes would cripple the CT housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted status as a major …
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on CT residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that CT home values will continue to rise this year.
If you are considering selling your current home in CT, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed.
Last week, Trulia posted a blog, Not Your Father’s Housing Market …
Here are four great reasons to consider buying a home in CT today instead of waiting.
CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.6% over the last 12 months. The same report predicts that prices will continue …