Posts Tagged ‘Fairfield CT’
Real Estate Market Update November 2020
December 8, 2020 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...
Is it a Good Time to Buy with Home Prices Surging?
December 2, 2020 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...
Multiple Offers – Don’t Let that Stop you from Purchasing a Home!
November 24, 2020 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
November 17, 2020 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
November 6, 2020 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
October 30, 2020 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
October 23, 2020 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...