market reports

 Understand Home Buying and Home Selling Facts. 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 […]

Key Highlights: Steve Schappert Shares Great News about HomesExperts are saying the number of homes for sale is steadily increasing this year, and that could have a major impact on your next move. If you’re in the market to buy, these additional options might be exactly what you’ve been waiting for. A boost in inventory

Steve Schappert With Questions and Answers about Home Prices. 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

Buying a Newington Connecticut Home with Inflation Concerns on Your Mind. 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

Mortgage Rates and Inflation Our Housing Market is at another turning point. 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,

Some Highlights:According to the latest data from CoreLogic, the average homeowner gained an impressive $64,000 in home equity over the past 12 months. That kind of equity growth can be a complete game-changer when you decide to make your next move. When you sell, this built-up equity could cover a substantial portion—if not all—of your

Is the Housing Market Correcting? Is the Connecticut Housing Market Correcting? If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to

• The Coastal Connecticut single-family luxury market is a Seller’s Market with a 44% Sales • The Coastal Connecticut single-family luxury market is a Seller’s Market with a 44% Sales Ratio.• Homes sold for a median of 103.62% of list price in April 2022.• The most active price band is $1,400,000–$1,499,999, where the sales ratio

• The Central Connecticut single-family luxury market is a Seller’s Market with a 50% Sales Ratio. • Homes sold for a median of 104.76% of list price in April 2022. • The most active price band is $500,000-$549,999, where the sales ratio is 119%. • The median luxury sales price for single-family homes is $611,195.