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 …
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 …
5-year history of new listings for Fairfield County vs the entire mls. Read More »
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 …
February 2023 Luxury Home Market Report North America & Connecticut Read More »
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 …
Lower Mortgage Rates Are Bringing Connecticut Buyers Back to the Market Read More »
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, …
Experts Forecast a Turnaround in the Housing Market in 2023 Read More »
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 …
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 …
Answers To Top 5 Housing Market Questions 11/22 by Steve Schappert Read More »
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 creeping upon us. …
Steve Schappert wants you to know about America’s Housing Inventory 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 »
What is happening with home prices, where “experts” say they’re headed, and what your homeownership goals may become. Last Year’s Rapid Home Price Growth went Wild In 2021, home prices appreciated quickly. Why may be due to record-low mortgage rates motivating more buyers to enter the market. As a result, there were more people …
Steve Schappert Breaks Down this Whole Home Pricing Stuff Read More »
