Median home sales prices can sometimes be confusing due to several factors that can influence how they are interpreted. Here are a few reasons why median home sales prices can be confusing: Skewed by Extreme Values: The median is the middle value in a set of data. It can be influenced by extreme high… Continue Reading Why the Median Home Sales Prices Can Be Confusing
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Don’t Miss Out on Your Dream Home! June 2023 Monthly Housing Market Trends Report – Simplified. Hot Summer Deals: June 2023 Housing Market Report Reveals More Homes at Unbeatable Prices! Key Housing Market Trends [INFOGRAPHIC Prices Drop Today, we have some interesting information about the real estate market in June 2023. Let’s see why Prices Drop!… Continue Reading Homebuyers Rejoice,Inventory Grows and Prices Drop
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The average sales price of homes in Connecticut is affected by the balance between supply and demand. Since more people are looking to buy than there are homes available, prices tend to rise as buyers compete for limited properties. This can lead to an increase in the average sales price. On the other hand, when… Continue Reading The average sales price of homes in Connecticut 2020-2023
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The Demand for Luxury Real Estate Examined Over the last 2.5 years, the state of the luxury real estate market has become one of the hottest topics discussed in news outlets, multi-media platforms, and within the industry itself. Conversations initially focused on spiraling demand and rising prices. This was soon followed by reports on the… Continue Reading March 2023 Luxury Housing Market Report
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A 5-Year Overview: New Listings in Fairfield County vs. the Entire MLS Introduction: The real estate market is an ever-evolving landscape, influenced by a multitude of factors, including economic conditions, population trends, and regional preferences. In this blog post, we’ll delve into a five-year history of new listings in Fairfield County, Connecticut, comparing it to… Continue Reading 5-year history of new listings for Fairfield County vs the entire mls.
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February North American Luxury Market Report February Coastal Connecticut Luxury Market Report February Central Connecticut Luxury Market Report Welcome to the Luxury Market Report, your guide to luxury real estate market data and trends for North America. Produced monthly by The Institute for Luxury Home Marketing, this report provides an in-depth look at the top… Continue Reading February 2023 Luxury Home Market Report North America & Connecticut
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As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest… Continue Reading Lower Mortgage Rates Are Bringing Connecticut Buyers Back to the Market
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The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing,… Continue Reading Experts Forecast a Turnaround in the Housing Market in 2023
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There’s no denying there’s a lot going on in the housing market this season. That may leave you with some questions about whether it still makes sense to buy or sell your house. Here are three of the top questions you may be asking, and the data that helps answer them so you can make… Continue Reading Winter 2023 Connecticut Buyer – Seller Guides
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Is the housing market going to crash? With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in… Continue Reading Answers To Top 5 Housing Market Questions 11/22 by Steve Schappert
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