Market Update through 1Q 2023
I would like to share my take on the current market, which is based on the insights gained from working with my clients. Currently, the real estate market is experiencing a surge in activity, commonly referr...
What will the housing market look like in 2023?
Are mortgage rates going to decrease? Will home prices fall? Should I wait to buy or sell real estate in this market? These are all questions that potential buyers and sellers are contemplati...
What is a market correction and are we experiencing it in Fairfield County? With boots on the ground and the latest stats, here is the state of affairs with the real estate market locally.
It has been a wild ride these last few years in real...
As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, y...
If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how t...
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a p...
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86%of buyers agree homeownership is still the American Dream.
Prior ...
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American:
“You know, the fallacy of economic forecasting is: Don’t ever try and forecast i...
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ...
As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the expert...