Posts Tagged ‘home buying in Fairfield’
Where are Mortgage Rates headed and buying in Fairfield CT
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast i...
What is Happening with Mortgage Rates and Home Buying in Fairfield CT
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ...
Does Student Loan affect your Ability for Homeownership?
If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan...
Fairfield County CT Housing Supply and What it Means for You!
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is ...
Housing Supply Is Rising in Fairfield County Ct
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First...
Where Is the Housing Market Is Heading in Fairfield County CT?
As we enter the second half of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. We have seen a an unprecedented year of low inventory levels and high demand due to the conditions a...
How to Win an Offer on a Home in Today’s Market
Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and com...
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...