If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers are […]
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Real Estate Career Night at Connecticut Real Estate. Learn the steps to becoming a real estate agent including the expenses, education requirements, the joys, the stresses and how to develop a career with meaning. Values: Connecticut Real Estate Brokerage believes in doing the right thing. Mission: Inspire others to do well by doing good. Vision: Connecticut Real Estate
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America’s Housing Inventory. One reason why the market probably won’t crash soon is the current undersupply of inventory. Housing supply comes from three key places: Current are homeowners putting their homes up for sale. Newly built homes are coming onto the market. Distressed properties, short sales and foreclosures, are
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Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Homes priced right are selling very quickly, but homes priced too high are deterring prospective buyers.” Today’s Housing Market. It’s true buyer demand has slowed over the past few months as higher mortgage rates made it more expensive to buy a home. The result is
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You need to be prepared as you set out on your home search. Here are three tips for buying the home of your dreams. 1. Understand How Mortgage Rates Impact Your Homebuying Power Mortgage rates have increased significantly this year, and over the past few weeks, they’ve been fluctuating quite a bit. It’s important to stay up
Some Highlights If you’re buying a home, it’s essential to understand what a home inspection is and why it matters so much to your investment and peace of mind. A home inspection is one of the most critical steps in the homebuying process. It provides a professional assessment of the property’s overall condition, uncovering potential
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Planning To Retire? Your Equity Can Help You Reach Your Goal. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have already retired. If this sounds like you, one thing worth considering is whether or not your
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Saltbox Home Middlefield Connecticut So, you are wondering what will happen to home prices when this “potential recession hits”? Here’s what is on the wire today. Not only are “experts” forecasting home prices will continue to appreciate nationwide this year, but most of those “experts” increased their projections for home price appreciation from their original 2022
Philip Roth Home A recent survey from the Wall Street Journal, has economists freaking out about some recession they think will “hit” our country in the next 12 months. Steve Schappert says “HogWash”! What Steve Schappert Thinks About Recession Today When surveyed in July 2021, 12% of economists consulted thought there’d be a recession by now. But
Tim, HogWash, and What Steve Schappert Think about Recession and Our Housing Market Read More »
The desire to own a home is strong. In fact, according to the HUD and the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they
Steve Schappert is Proactive with the way the U.S. Homeownership Rate Is Growing Read More »
