How is the Real Estate Market doing in your area?
Fairfield County is still continuing to feel the housing surge with historically low inventory and low mortgage rates creating high buyer demand. With the unprecedented pandemic, we are continu...
Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained:
“While winter may be typically a slow seaso...
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearance...
The housing market continues to be the leading force in the economic recovery. By all measures and statistics, we are seeing the proof in the numbers. In the majority of towns in Fairfield County, sales and median sales price for single family ...
Is the Real Estate Market currently seasonal?
If you have ever considered buying a new home, chances are you waited for the time of year when the sun was shining, roads were clear, and new homes were flooding the market. Spring time has alway...
How is the Real Estate Market doing in your area?
We are in unprecedented times with the COVID-19 pandemic. It is widely thought that the housing market will be key to the economic recovery across the nation. Home pending sales were up in Ma...
The key to determine if you are in a buyer's or seller's market is the Absorption Rate.
What is an Absorption Rate related to Real Estate? How do you calculate this number? Why this statistic is important whether you are a buyer or seller in y...
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2020 Real Estate Market Optimism and Predictions in Fairfield County CT
National Association of Realtors (NAR) published the 2019 Home Buyers and Sellers Profile in November. A collection of data and st...