If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared […]
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The history of home mortgage rates over the past 100 years is a captivating journey through the fluctuations driven by the dynamic interplay of economic, political, and societal factors in the housing market and the broader economy. Starting in the late 19th century, the concept of standardized home mortgages emerged, gradually becoming more accessible to
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The Evolution of Income-Producing Real Estate Investments I. Executive Summary A. Introduction The report, “A Century of Wealth Building: The Evolution of Income-Producing Real Estate Investments,” explores the dynamic landscape of income-producing real estate investments over the past hundred years. This comprehensive analysis sheds light on the transformation of this asset class and its significance
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A Holistic Perspective by Steve Schappert The term “workforce housing” has long been used to describe affordable housing for individuals earning between 60% and 120% of the area’s median income. However, this phrase is now being reconsidered due to its exclusive connotations. Some argue that it implies that those earning less than 60% of the
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A Guide by Steve Schappert, Connecticut Real Estate Helping Homeowners Maintain Their Vacation Homes. Owning a vacation home can be a dream come true, but even paradise requires some upkeep. As a homeowner, whether it’s your primary residence or a vacation haven, preventive maintenance and continuous care are essential. Here are some practical tips to
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Steve Schappert’s Advice for Buyers of Second Homes Hey there, I’m Steve Schappert, a seasoned real estate broker at Connecticut Real Estate. If you’re considering investing in a second home, whether it’s in the charming state of Connecticut or elsewhere, I’ve got some valuable advice to share with you. Specifically, How to Increase Cash Flow
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Introduction: The Connecticut real estate market in July 2023 continued to grapple with affordability constraints, impacting both homebuyers and sellers. This report provides an overview of the state’s housing market, highlighting key trends, changes, and challenges faced by the industry. 1. Home Sales Decline Amid Rising Mortgage Rates Existing home sales in Connecticut saw a
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Selling Your Waterfront Home in Connecticut? 10 Tips and the Advantages of Choosing Steve Schappert at Connecticut Real Estate Selling My Waterfront House: Selling a waterfront home in Connecticut offers a unique opportunity to showcase stunning views, serene surroundings, and a lifestyle that many buyers desire. However, selling a waterfront property comes with its own
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Selling Your Luxury Home in Connecticut? 10 Tips and the Advantages of Choosing Steve Schappert at Connecticut Real Estate Introduction: Selling a luxury home in Connecticut requires a unique approach that caters to discerning buyers and showcases the exceptional features of your property. From exquisite design elements to premium amenities, every detail matters in the
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Selling Your Business in Connecticut? 10 Tips and the Benefits of Choosing Steve Schappert at Connecticut Real Estate Introduction: Selling a business is a complex endeavor that involves careful planning, strategic decision-making, and expert guidance. If you’re considering selling your business in Connecticut, it’s essential to approach the process with a well-thought-out strategy. In this
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