Posts Tagged ‘selling my house’
What is Happening with Mortgage Rates and Home Buying in Fairfield CT
April 4, 2022 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 ...
Where Is the Housing Market Is Heading in Fairfield County CT?
June 4, 2021 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...
4 Big Incentives for Homeowners to Sell Now
May 11, 2021 The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March ...
Home Equity – the BIG winner in 2020
December 27, 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?
December 12, 2020 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...
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...