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...
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...
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...
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...
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...
There are many benefits to working with a real estate professional when selling your house and even more important during the conditions that have developed due to the pandemic. During challenging times, like what we face today, it becomes even...