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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When buying a Connecticut home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs?
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3 Things To Prioritize When Selling Your Connecticut House. Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still
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Some HighlightsAmericans Choose Real Estate as the Best Investment. For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history.
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Should I Move or Refinance? The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get
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Buying a Home Is Still Affordable. The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and
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How Misunderstandings about Affordability Could Cost You. There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s
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