Americans Choose Real Estate as the Best Investment

investment property /

Some Highlights 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. Let’s connect if you’re ready to make… Continue Reading Americans Choose Real Estate as the Best Investment

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Should I Move or Refinance?

Moving Tips /

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 a dollar-for-dollar gain in their… Continue Reading Should I Move or Refinance?

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Where Do Experts Say the Housing Market Is Heading?

housing reports /

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come. realtor.com “.… Continue Reading Where Do Experts Say the Housing Market Is Heading?

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Buying a Home Is Still Affordable

Buyer tips /

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 the main market factors that impact… Continue Reading Buying a Home Is Still Affordable

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How Misunderstandings about Affordability Could Cost You

affordable housing /

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 truly affordable to buy a home right… Continue Reading How Misunderstandings about Affordability Could Cost You

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Americans See Major Home Equity Gains

Connecticut Real Estate, Homeownership /

Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a down payment on the home of your… Continue Reading Americans See Major Home Equity Gains

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Don’t Be Fooled by Remarkable Real Estate Headlines

Connecticut Real Estate, Market Analysis, Real Estate Market /

Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term… Continue Reading Don’t Be Fooled by Remarkable Real Estate Headlines

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This Isn’t a Bubble. It’s Simply Lack of Supply.

Connecticut Real Estate, Market Analysis, Real Estate Market /

Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack… Continue Reading This Isn’t a Bubble. It’s Simply Lack of Supply.

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Patience Is the Key to Buying a Connecticut Home This Year

Connecticut Real Estate, Home Buying Tips, Homeownership, Market Analysis /

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps… Continue Reading Patience Is the Key to Buying a Connecticut Home This Year

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Is Connecticut Home Price Appreciation Accelerating Again?

Commercial Real Estate, Home Buying Tips, Investors, Market Analysis, Real Estate Market /

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months.… Continue Reading Is Connecticut Home Price Appreciation Accelerating Again?

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