Why This Is Not Like Connecticut in 2008 Again. During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current […]
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Connecticut Home Price Appreciation Is as Simple as Supply and Demand. Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the
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In Today’s Connecticut Market, Listing Prices Are Like an Auction’s Reserve Price. For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing
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Dreaming of a Bigger Connecticut Home? Why Not Buy It This Year? Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to
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What’s Motivating Connecticut Folks To Move Right Now? This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their
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May 27, 2021Cash In on Today’s Housing Demand by Selling Your Second Home. This is a great time to cash in on unprecedented demand for houses. Let’s connect if you’re ready to liquidate your portfolio while buyers are actively in the market. Across the country, and especially here in Connecticut, we’ve been experiencing one of
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Don’t Wait For The Next Down Turn To Buy Your Dream Home. June 3, 2021 Unlike the rest of the country, Connecticut values have never recovered from the 2008 collapse. Despite the media frenzy values are rising steadily, but ridiculously high offers are getting squashed by appraisers. Those who wait could get locked
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For Immediate Release: Contact Steve Schappert [email protected] 203-994-3950 Connecticut Real Estate Opens 6 Art Galleries During Pandemic. The Connecticut Art Gallery is the creation of Connecticut Real Estate Broker, Steve Schappert. Mr. Schappert is also an abstract artist that can pivot with the best of them, and now leads a group of 365 Connecticut Artists.
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Connecticut Sellers Are Ready To Enter the Housing Market“Consumer positivity regarding home-selling conditions nearly matched its all-time high.” (See graph below): Fannie Mae isn’t the only expert group noticing a rise in the percentage of people thinking about selling. George Ratiu, Senior Economist at realtor.com, shares: “The results of a realtor.com survey . . .
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Americans See Real Estate as a Better Investment Than Stocks or Gold! Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings.
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