market reports

   You are wondering if it makes more sense to rent or buy a home today. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest US metropolitan areas reached $1,876 in June, a new record level for […]

Why Are People Moving Today? Outgrowing your home, craving a large yard, room for a backyard party or two, and you want extra storage, bedrooms, sound familiar? A Need for More Space Moving.com looks at migration patterns. One trend that emerged is the need for additional space. A Desire To Be Closer to Loved Ones Moving

Steve Schappert Realtor   Steve Schappert Realtor Call and Text Steve Schappert 203-994-3950 Email Broker@CTREB.com Truth You are a concerned homebuyer or homeseller and you need to know what is happening in your housing market so you can make the most informed decisions possible.

The real estate market shifts, and when that happens, it can be hard to separate fact from fiction. That’s where your trusted real estate professional comes in. They can help debunk the headlines so you can really understand today’s market and what it means for you. Here are three common housing market myths you might

Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams.   Steve Schappert Your Newington Connecticut Real Estate Leader

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it has also caused some buyers to wonder if home prices will fall. It is important to know the housing market is not a bubble about to burst, and home price growth

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? Greg McBride, Chief Financial

Mortgage Rates and Inflation The big questions on all buyers’ minds are ‘where will mortgage rates go in the months ahead?’ No one knows the future. What housing market “experts” guess for sure is that the record-low mortgage rates during the pandemic were not normal. This year, rates have climbed over 2% due to the Federal

Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To find out how much equity you have in