Posts Tagged ‘agent in fairfield’
Home Equity – the BIG winner in 2020
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 ...
Is the bubble about to pop in Fairfield County?
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...
Multiple Offers – Don’t Let that Stop you from Purchasing a Home!
This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With a...
Homes for Sale Are Rapidly Disappearing
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...
Real Estate is Driving the Economy in Fairfield County
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...
Younger Generation Buyers are in the Market
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 ...
Future Foreclosures Are Unlikely
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...
Forbearance Numbers Are Lower than Expected
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we...