Expert Advise

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Expert Advise 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. […]
Expert Advise 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 Advise 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 Advise 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 Advise 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 Advise 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 Advise 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 Advise 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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