The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates ho...
The real estate market in Fairfield, CT and all towns across Fairfield County experienced historic housing numbers from excessive low inventory, low interest rates on mortgages and high buyer demand for the suburbs. The housing market is leadin...
In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights ...
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. All across Fairfield County there has been an increase in median and average home prices and the concern is will it going up too fas...
Housing inventory all over Fairfield County is at historic lows. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, resea...
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...
Some Highlights
In today’s hyper-competitive market, buyers are often willing to overlook cosmetic or minor repair needs if it means snagging a home in their price range.
With so few houses available for sale today, you may be able ...
As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to consider buying or selli...
The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. This is seen in the market update stats with increased sales and lower days on market. In a normal year, the peak home ...
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...