Market Updates
Housing Market Predictions for 2023 in Fairfield CT
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...
A Market Correction in Fairfield County?
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...
Seller’s Market in Fairfield County!
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...
Buying in Fairfield CT: Why Rising Mortgage Rates Push Buyers off the Fence
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...
How to Survive Inflation – Homeownership | Fairfield CT and all of Fairfield County CT
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...
Fairfield County Real Estate is NOT in a housing bubble 2022
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 ...
Where are Mortgage Rates headed and buying in Fairfield CT
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...
What is Happening with Mortgage Rates and Home Buying in Fairfield CT
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 ...