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Expert Advice May 2024 Housing Update May 2024 Market Update for Fairfield and New Haven Counties On the Supply Side: We had a decrease in inventory of new homes for sale of 1.5% for Fairfield County and an increase in inventory of 24.3% for New Haven County. Buyers Demand:   Both Fairfield County and New Haven market update were high with an […]
Expert Advice Advantages of Owning A Home Owning a home comes with a myriad of perks and summer is the perfect time to enjoy the advantages of owning your own home, whether you cultivate a garden oasis, host a barbecue, or gather with friends and loved ones. Personalize Your Space As a homeowner, you have the freedom to personalize your space to […]
Expert Advice April Real Estate Market Update – Stay Informed Let’s dive into the April real estate market updates for Fairfield and New Haven Counties in CT, Stay Informed! On the Supply Side: We had an increase in inventory of new homes for sale of over 13.8% for Fairfield County and 8.9% for New Haven County. Despite Affordability Challenges: The buyers demand was high in both Fairfield County […]
Expert Advice 1st QTR Fairfield and New Haven County Market Trends 1st QTR Fairfield and New Haven County Market Trends: The Fairfield and New Haven Counties real estate market is on fire! Stay informed, follow me on FB @RealtorLeeAnnD. Supply: Inventory of new homes for sale decreased by over 20% in Fairfield County and 22% in New Haven County. Demand: Despite affordability challenges, buyers were eager […]
Expert Advice Life Changes Real Estate Consultant: Guiding You Through Major Housing Decisions How Life Changes Affect Your Housing Choices Major life events can often prompt the need to reassess your living arrangements. Be informed, I will guide you as a Life Changes Real Estate Consultant. Whether it’s changes in your marital status, the need to downsize or upsize, a job relocation, or dealing with a loss in […]
Expert Advice March Fairfield & New Haven Counties Market Update Fairfield and New Haven Counties On the Supply Side: We had an increase in inventory of new homes for sale of over 20% for Fairfield County and 40% for New Haven County. Despite Affordability Challenges: The buyers demand was high with an average of 2.2% over ask for closed homes in Fairfield County and 1.86% in New […]
Expert Advice February Market Update Get ready for a competitive home shopping season in Fairfield and New Haven Counties! On The Supply Side:  There was a 13.2% increase in new SF homes and condo listings compared to February 2023.  Expect a rise in demand for real estate! Despite Affordability Challenges:  Demographic trends and a strong economy will be the driving […]
Expert Advice Revitalize Your Home & Life: Ideas for a Fresh Start You’ve admired the elegance of your friends’ homes, scrolled through Pinterest, and dreamed of a chic, sleek living space for yourself. Feeling overwhelmed and not sure where to begin? It’s time to spruce up your space, revitalize your home and breathe new life into your surroundings. Follow these tips to embark on a transformative journey. […]
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Expert Advice Add Glamour To Your Unfinished Basement Winter is a good time to add glamour to your unfinished basement. While the basement typically isn’t the main focus of your home, finishing the basement is a value-add improvement especially in the winter when we find ourselves inside more. While it may not be the main focus, it is a focus point of your home […]
Expert Advice January Market Overview 2024 The Year Started on A Positive Note Fairfield County – The dollar volume of closings in January for Single Family Homes was just over $1B with an increase in the average sales price of 10% from 2023. Fairfield County – The dollar volume of closings in January for Condos was just over $200M with […]
Expert Advice January 30-31 FOMC Meet – No Rate Cuts  The FOMC met on January 30-31 and interest rates were kept unchanged. That was somewhat expected, giving the Fed more time to evaluate if the current rate will keep inflation at bay without impeding economic growth too much. The next policy meeting is on March 19-20, this meeting is associated with a Summary of Economic […]
Expert Advice Declining Mortgage Rates May Bring a Warmup to the Market for 2024. In Fairfield County and New Haven County we have seen an improvement in new listings by 14% over the past few weeks since December, maybe thanks to a 15% decrease in mortgage rates following the peak of 7.79% in October. The next Federal Open Market Committee (FOMC) will be meeting on January 30/31.  Many experts […]
Expert Advice 4Q Overview Fairfield County & New Haven County Fourth Quarter Overview 2023 Real Estate Ended on An Optimistic Note Fairfield County – The dollar volume of closings in the fourth quarter for Single Family Homes was just under $3.5 billion with an increase in the average sales price of 13.25% from 2022. Fairfield County – The dollar volume of closings in the fourth […]
Expert Advice 2024 Predicts For A Calmer Market 2023 was one of the most challenging years on record for the housing market, with rock-bottom inventory and mortgage rates hitting highs not seen in the past two decades.  The good news  is 2024 predicts to be a calmer real estate market with slight improvements in affordability for buyers. The housing market is predicted to […]
Expert Advice Housing Market Forecast for 2024 Forbes.com – Declining mortgage rates—it’s the holiday gift that keeps on giving. Since hitting a 2023 high in late October, the average 30-year fixed receded below 7% in mid-December for the first time in four months. The average 30-year fixed rate slid another 28 basis points this week to 6.67%, the eighth consecutive week of […]
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