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Home Sales Rise Significantly in February

CT

Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 19.9 percent comparing February 2016 to February 2015. The median sales price of $231,000 represents a 2.7 percent increase from $225,000 in that same time period. Median indicates that half the homes sold for more and half for less. Total units of homes sold were 1,880 in February 2016 and 1,568 in February 2015. Continue reading…

Posted in: Blog, Real Estate

2016 Home Sales Doing Just Fine!!

Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set the record straight; 2015 was a good year for residential real estate in the United States and 2016 is starting out stronger. Continue reading…

Posted in: Blog, Buying Home, Real Estate Tagged: buying home, home, home sales, housing, real estate

Past, Present & Future Home Values

 

Past, Present & Future Home Values

In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months. Continue reading…

Posted in: Blog, Buying Home, Pricing, Real Estate, Selling Home

The Top 5 Reasons You Should Not For Sale By Owner

 

For sale by owner

In today’s market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.

Here are five of those reasons: Continue reading…

Posted in: Blog, Real Estate, Selling Home

Home Sales Up Year-Over-Yea

Home Sales Up Year-Over-Year | Keeping Current Matters

Some Highlights

  • This is the 48th consecutive month with year-over-year price gains.
  • Lawrence Yun, NAR’s Chief Economist says that, “The main issue continues to be a supply & affordability problem. Finding the right property at an affordable price is burdening many potential buyers.”
  • Inventory is still below historic normals at a 4.4 month supply.

Posted in: Blog, Pricing, Real Estate

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