Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Expert Advice • February 10, 2025

January’s Real Estate Market

by LeeAnn DeLeo
Selling or Buying, raise your standards, real estate is a journey filled with important emotional and financial decisions.

January’s real estate market update, Stay Informed! Updates for both Fairfield and New Haven Counties.

Whether you’re selling or buying a home, staying informed is essential. Working with a skilled REALTOR® like me—who brings experience as a homeowner, investor, landlord, builder, and mortgage loan officer—ensures a smooth and successful process. Raise your standards, real estate is a journey filled with important emotional and financial decisions. Having a deep understanding of the economy and local market will make all the difference in achieving your goals.

Our Economy

  • The Fed’s left its policy rate unchanged in January and sent a clear signal that it will keep rates unchanged until data dictates otherwise.
  • The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the long run.
  • The next Fed meeting is March 18-19, and it is associated with Summary of Economic Projections.
  • Consumer confidence unexpectedly dipped to a 4-month low in January. Optimism fell due to the future labor market and economic outlook.
  • Treasury Secretary Bessent said the Trump administration will focus on driving the 10-year Treasury yield lower, which may help mortgage rates.

Inventory

  • Fairfield and New Haven Counties showed very little increase in inventory in January for Single Family homes.
  • With the shortage of inventory still very low, now would be the time to sell your home if you are considering a move.
  • Inventory levels are low, and many homeowners were reluctant to sell due to low mortgage rates from before the pandemic.

Buyers’ Demand

  • The demand showed a minimal increase from this time last year.
  • Home prices are still rising minimally.
  • Some buyers will face challenges with affordability.

Average Sales Price

  • Average sales prices in Fairfield County. Single Family homes rose a modest 2.4% whereas condo’s average sale prices were up over 24% compared to this time last year.
  • Fairfield County offers the best city living, coastal charm, and easy access to NYC—but that convenience and lifestyle will come with a price tag nearing $650,000’s or exceeding a million dollars.
  • Depending on your purchase budget, taking into consideration the rates may remain the same for a while you may want to consider home shopping in New Haven County.
  • Condo’s and Single-Family homes in New Haven County had a combined increase of the average sale price of over 6.5%.
  • New Haven County gives you more value for your money. Still giving you access to I-95, railways, city life and the costal charm.

Market Conditions

  • Housing market is characterized by high demand and low inventory.
  • Home prices were rising, but sales were slightly lower than in the previous year.
  • Sales transactions were above final asking prices.
  • Rising interest rates will make it more difficult for buyers to afford homes.

Your Neighborhood Market Trends

  • Stay informed about your neighborhood market trends.
  • Register to receive your neighborhood market trends for news about your market area.

Don’t LOVE Where You Live?

  • If you don’t love where you live? Let’s Talk!
  • I specialize in helping sellers, buyers, seniors, relocation, landlords and up or down sizers.
  • I’m not your average REALTOR®, I am a homeowner, investor, landlord, builder and have 7+ years’ experience as a mortgage loan officer, processor and jr. underwriter.

Selling or Buying 

  • Whether you’re buying or selling a home staying informed is essential.
  • It’s essential to stay informed through reliable sources like me.
  • I’ve assisted 100’s of sellers and buyers achieve their real estate goals.
  • I can help you too!

Contact LeeAnn Today (203) 253-4567

  • Ask for a NO obligation, COMPLIMENTARY consultation regarding your housing goals.
  • I am happy to help you, friends and family members achieve your real estate goals
  • Remember, it is always best to consult with a Professional REALTOR® like me.
  • I appreciate referrals, I promise to treat them like family.

Compliments of LeeAnn DeLeo, A Trusted Name in Real Estate
Broker, Blogger, Stagent® & REALTOR®
(203) 253-4567
leeann.deleo@gmail.com
www.leeanndeleo.com

Follow, Like & Share with me on SM
Facebook  @LeeAnnDeLeoRealEstate and my personal page @LeeAnnDeLeo
Blog Sites Local Market News and Blog Spot

 

Source: SmartMLS, Federal Reserve, US Economy – The information provided herein is for informational purposes only.  All real estate, economic data, market trends and projections are subject to change.
Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • February 7, 2025

February: The Ultimate Purge Month

by LeeAnn DeLeo
As the new year rolls in, February is the ultimate purge month. February offers a fresh start making it the perfect time to purge excess clutter from your life and get ready for spring.
February Is The Ultimate Purge Month
February offers a fresh start making it the perfect time to purge excess clutter from your life and get ready for spring. It’s not just about tidying up; it’s about freeing yourself from the mess that weighs you down and opening space for the new. This blog will help you explore some different options you can tackle this month, turning your mind and space into a sanctuary of simplicity and clarity.
The Purge Process
Start with one cabinet, closet, or room at a time. Make piles, you may want to consider donating some items, recycle others and then there’s the pile you just need to throw out.
Piles to Freedom
Donate: Items in good condition that others can use.
Recycle: Items that can be repurposed or recycled.
Throw Out: Items that are beyond use and can’t be recycled.

Clothing You Haven’t Worn in a Year
Start with your wardrobe. If you haven’t worn an item in the past year, chances are you won’t wear it again. Don’t keep clothing that does not fit.  If you have lost or gained weight – buy new clothes.  Inspire yourself to fully accept and appreciate who you are. This conveys a sense of self-encouragement and self-acceptance.

Expired Makeup and Skincare Products
Check the expiration dates on your beauty products. Using expired makeup and skincare could harm your skin. Discard anything past its prime and make room for fresh, effective products. Spring is just around the corner and it’s your time to shine.
Broken/Unused Gadgets and Electronics
Old gadgets and electronics often linger in drawers. If they’re broken or obsolete, it’s time to recycle or dispose of them responsibly. Many electronics stores offer recycling programs. Gadgets and electronics are improved in buzz light speed by manufacturers. Check out the gadgets you own that are working. If you haven’t used them in months, they’re likely just taking up space. Sell, donate, or recycle them.
Books You’ll Never Read
Books can be hard to part with, but if you have volumes collecting dust that you’ll never read, consider donating them to libraries or shelters. Someone else might find joy in the stories you’re ready to let go. Consider creating a book box outdoors where you can put the books for others to enjoy and share as well.
Unnecessary Paperwork and Receipts
Sort through that mountain of receipts. Keep only what’s necessary for taxes or returns and shred the rest. A clean, organized space is just a few shredded receipts away. If you have a scanner, you can scan the necessary paperwork and receipts into a folder and store them on a drive.
Shoes That Don’t Fit or Are Just Old
If your shoes are uncomfortable or don’t fit, it’s time to let them go. You can donate pairs in good condition and trash the rest. If you have a pile of shoes sitting by your back door, go through the box – I am sure there are shoes in that box that are ready for the trash.
Old Linens
Old, worn-out linens can be donated to animal shelters or used as cleaning rags. Keep only what you use regularly.
Outdated Magazines and Newspapers
Recycle old magazines and newspapers that you’ve been holding onto. Clear out the old to make way for new inspiration.
Toys Your Kids Have Outgrown
Children grow quickly, and so do their interests. Gently used toys donate to charities, giving them a second life with another family.
Spam and Junk Emails
Declutter your digital space by unsubscribing from unnecessary emails and deleting spam. A clean inbox is a stress-free inbox.

Unused Apps on Your TV and Phone
Take a moment to delete apps you no longer use. Freeing up digital space can improve performance and reduce distraction.

Unnecessary Subscriptions
Review your subscriptions. Cancel anything you don’t use or need, saving money and reducing the clutter in your life.

Negativity
Lastly, an emotional purge.  This will be the most liberating purge of all. Review your spere of influence and the relationships in your life. Get rid of relationships that bring negativity and surround yourself with positive influences.
Happy Purging
Embrace February as your purge month and start spring with a clean slate. Letting go of the unnecessary creates space for new opportunities spring brings and a clearer mind to welcome them in.
Compliments of LeeAnn DeLeo, A Trusted Name in Real Estate
Broker, Blogger, Stagent® & REALTOR®
(203) 253-4567
leeann.deleo@gmail.com
www.leeanndeleo.com
Follow, Like & Share with me on SM
Facebook  @LeeAnnDeLeoRealEstate and my personal page @LeeAnnDeLeo
Blog Sites Local Market News and Blog Spot

 

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • January 24, 2025

A Glance of the 2024 Real Estate Market

by LeeAnn DeLeo
A glance at the 2024 Real Estate Market Updates for my service areas Fairfield and New Haven Counties. Selling or buying a home is a multi-step journey full of financial and emotional decisions. Ready to navigate the 2025 real estate market with confidence? Let’s achieve your goals together! Whether you're buying or selling a home, staying informed is essential. Working with an experienced and knowledgeable REALTOR® like me—who brings expertise as a homeowner, investor, landlord, builder, and previously a mortgage loan officer—can make the process seamless and successful.

A glance of the 2024 Real Estate Market. Updates for both Fairfield and New Haven Counties.

Whether you’re buying or selling a home, staying informed is essential. Working with an experienced and knowledgeable REALTOR® like me—who brings expertise as a homeowner, investor, landlord, builder, and previously a mortgage loan officer—can make the process seamless and successful. Buying or selling a home is a multi-step journey that is full of financial and emotional decisions. A strong grasp of the economy and local market trends will greatly impact the achievement of your real estate goals.

Our Economy

In 2024, the economy found a balance between growth, stability, and opportunity. Inflation moderated, interest rates fell, and the labor market stayed resilient, allowing markets to flourish and consumers to thrive.

  • The annual inflation rate was 2.9% over the last 12 months. In 2023 it was 3.4%.
  • Feds made their first rate cut in nearly 4 years in 2024.
  • According to the Bureau of Labor the unemployment rate dipped to 4.1% from 4.2%.
  • The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.

Inventory

  • There was little to no change in inventory annually for both Fairfield and New Haven Counties for 2024.
  • People are still out house hunting in the winter months, looking for their dream home for spring. If you are considering selling, let’s talk about the process together.

Buyers’ Demand

  • Buyer’s demand annually for 2024 for Single Family Homes in Fairfield County was down 6%. However, the Condos were in strong demand with an increase of 18% compared to 2023.
  • New Haven County overall in 2024 was up 9.52% for Single Family Homes and Condos were significantly down 23% compared to 2023.
  • When we see dipping and increasing in the buyers demand it typically reflects shifting preferences or external factors. For example: where people want to live, job market, housing inventory, affordability, lifestyle preferences, commutability or economic conditions.

Average Sales Price

  • The annual average sales price increased 4.75% in Fairfield County for Single Family Homes, just about 7% for Condo’s.
  • New Haven Counties annual average sales price was up a whopping 10.55% for Single Family Homes up and Condo’s up 15.17%.
  • If you’re on the hunt for more value for your money, New Haven County might be worth considering
  • Thinking about selling? Contact me today, home prices are climbing!

Market Conditions

  • 2024 reflected how dynamic the real estate market can be and why it’s important to stay informed about trends in specific areas.
  • Trends in both counties exhibit competitive markets with fast sales and limited inventory.

Neighborhood Market Trends

  • Stay informed about your neighborhood market trends.
  • Register to receive your neighborhood market trends for news about your market area.

Don’t LOVE Where You Live?

  • If you don’t love where you live? Let’s Talk!
  • I specialize in helping sellers, buyers, seniors, relocation, landlords and up or down sizers.
  • I’m not your average REALTOR®, I am a homeowner, investor, landlord, builder and have 7+ years’ experience as a mortgage loan officer, processor and jr. underwriter.

Selling or Buying 

  • It’s essential to stay informed through reliable sources like me.
  • I’ve assisted 100’s of sellers and buyers achieve their real estate goals.
  • I can help you too!

Contact LeeAnn Today (203) 253-4567

  • Ask for a NO obligation, COMPLIMENTARY consultation regarding your housing goals.
  • I am happy to help you, friends and family members achieve your real estate goals
  • Remember, it is always best to consult with a Professional REALTOR® like me.
  • I appreciate all referrals.

Compliments of LeeAnn DeLeo, A Trusted Name in Real Estate
Broker, Blogger, Stagent® & REALTOR®
(203) 253-4567
leeann.deleo@gmail.com
www.leeanndeleo.com

Follow, Like & Share with me on SM
Facebook  @RealtorLeeAnnD  @LeeAnnDeLeo  @GrowFoodNotLawnCT   @EmptyNestersLifestyleCT
Blog Sites LeeAnn’s Blog Spot  Empty Nesters Lifestyle CT  Expert Advice Real Estate

 

Source: SmartMLS, Federal Reserve, US Economy

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • January 10, 2025

Decembers Real Estate Market: Stay Informed!

by LeeAnn DeLeo
Don't settle when choosing a Real Estate Agent! I am a home owner, builder, investor, landlord and have worked in the financial industry. Selling, buying, I've helped hundreds and can help you too.

December’s real estate market, Stay Informed!

Whether you’re buying or selling a home, staying informed is key. Partnering with an experienced and knowledgeable REALTOR® like myself whose background includes homeownership, investing, being a landlord, builder and mortgage loan officer will make the process smooth and successful. Selling or buying is an emotional journey with many steps. A solid understanding of the economy and local markets can significantly influence the success of your real estate goals.  Updates include both Fairfield and New Haven Counties.

Our Economy

  • Minutes from the last Fed meeting showed members favored slowing rate cuts to balance inflation risks with those of economic overheating.
  • The December jobs report revealed a modest drop in the unemployment rate to 4.1% from 4.2%.
  • December jobs report supports the claim that the U.S. labor market is relatively solid, other recent data also reinforced this. Initial jobless claims are also very low. Continuing claims are around 1.1% of the labor force.
  • Strong December job reports may kill the chance of a rate cut in January.
  • Analysts expect the 30-year fixed rate to stay in the mid-6% range throughout 2025 and 2026, although the forecasting is far from guaranteed and very difficult.
  • Next Fed meeting is January 28-29.

Inventory

  • The supply in Fairfield County was down 11% and New Haven County was up 6% for both Single Family Homes and Condo’s compared to this time last year.
  • If you’re considering selling, now would be the ideal time.
  • If you are waiting for the rates to change, you may be waiting a long time.

Buyers’ Demand

  • Buyer demand slightly declined again in both Fairfield and New Haven Counties. Both Counties combined reflected a .3% decline in closed over asking price.
  • My projection is that the buyers demand will start to soften as the Fed’s hold back on rate cuts.

Average Sales Price

  • Average sales price rose to 8% in Fairfield County for Single Family Homes, almost 15% for Condo’ compared to this time last year.
  • You may want to consider moving to New Haven County if you’re looking for more bang for your buck.
  • New Haven County has shown considerable increases in the Average sales price this past year with Single Family Homes up over 7% and Condo’s up over 8%.
  • Thinking about relocating? Contact me today, home prices are climbing!

Market Conditions

  • Overall, Decembers Real Estate Market market conditions are holding steady, very similar to 2023.
  • Interest rates are barely declining.
  • Trends in both counties exhibit competitive markets with fast sales and limited inventory.

Neighborhood Market Trends

  • Stay informed about your neighborhood market trends.
  • Register to receive your neighborhood market trends for news about your market area.

Don’t LOVE Where You Live?

  • If you don’t love where you live? Let’s Talk!
  • I specialize in helping sellers, buyers, seniors, relocation, landlords and up or down sizers.
  • I’m not your average REALTOR®, I am a homeowner, investor, landlord, builder and have 7+ years’ experience as a mortgage loan officer, processor and jr. underwriter.

Selling or Buying 

  • It’s essential to stay informed through reliable sources like me.
  • Whether you’re buying or selling a home, staying informed is key
  • I’ve assisted 100’s of sellers and buyers achieve their real estate goals.
  • I can help you too!
  • Servicing both Fairfield and New Haven Counties.

Contact LeeAnn Today (203) 253-4567

  • Ask for a NO obligation, COMPLIMENTARY consultation regarding your housing goals.
  • I am happy to help you, friends and family members achieve your real estate goals
  • Remember, it is always best to consult with a Professional REALTOR® like me.
  • I appreciate all referrals.

Compliments of LeeAnn DeLeo, A Trusted Name in Real Estate
Broker, Blogger, Stagent® & REALTOR®
(203) 253-4567
leeann.deleo@gmail.com
www.leeanndeleo.com

Follow, Like & Share with me on SM
Facebook  @RealtorLeeAnnD  @LeeAnnDeLeo  @GrowFoodNotLawnCT   @EmptyNestersLifestyleCT
Blog Sites LeeAnn’s Blog Spot  Empty Nesters Lifestyle CT  Expert Advice Real Estate

 

Source: SmartMLS, Federal Reserve, US Economy

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • January 10, 2025

Winter Gardening: Start Indoor Plants Now

by LeeAnn DeLeo
I encourage you to embrace winter as a dual-purpose season with indoor planting enjoyment and planning for your spring garden outdoors. Let’s garden together, I'm rooting for you! For more gardening tips and if you are an empty nester exploring your next chapter, I would love to hear from you! Share your photos, gardening set up ideas and invite other gardeners to join! Follow, Like & Share - LeeAnn

Winter gardening, start indoor plants now. Winter is a cozy time to experience warmth and a great time for nurturing your green thumb with indoor gardening and planning your spring garden. Gardening is one of my favorite hobbies, so I embrace winter as a dual-purpose season with indoor planting enjoyment and planning for your spring garden outdoors. Planting greenery, and herbs like rosemary, thyme, or mint, which share a soothing aroma.

Prepare Now for Spring

Starting seeds indoors and timing them for outside transplant. Make any soil corrections and compost preparation during winter. Building or repairing garden beds and trellises indoors during downtime. Explore the value of companion planting and crop rotation. Include pollinator-friendly and edible plants.

Start Your Vegetables & Herb’s Indoors

Leafy greens are incredibly low in calories, beneficial for your health, offering a range of nutrients. I like to start with these few greens indoors.

Lettuce: Quick to grow and thrives in shallow containers. Spinach: Prefers cooler temperatures and partial light. Kale: Hardy and perfect for picking young leaves as needed.

Herbs added when cooking not only boosts flavor but also contribute to an aromatic dining experience.

Basil: Great for cooking and grows quickly with proper sunlight. Oregano: Use a pot at least 6 inches in diameter with good drainage. Parsley: Slow to germinate but easy to maintain once it starts. Chives: Prefers small pots and adds a mild onion flavor. Rosemary: Doesn’t like soggy, add sand or perlite to your potting mix. Thyme: Likes dryer conditions, use well-draining soil consider adding sand to the soil. Mint: Grows vigorously, so give it space with rich potting soil and good drainage.

Root vegetables are nutrient-dense plants that grow underground, offering a variety of delicious flavors and textures.

Radishes: Super fast-growing and bloom in small spaces. Carrots: Choose smaller varieties like “Parisian” or “Thumbelina” for pots. Green Onions: Easily regrow easily from scraps or seeds. Potato’s: Potatoes thrive in loose, drainable soil and need plenty of sunlight.

Microgreens are a powerhouse addition to any diet, offering a mix of health benefits, vibrant flavors, and visual appeal.

Mustard Greens, Arugula, or Broccoli Sprouts: These grow quickly in trays and are packed with nutrients.

Peppers are a flavorful ingredient, offering a range of varieties and culinary uses.

They come in many types, including sweet bell peppers, spicy chili peppers, jalapeños, and habaneros, each with unique flavors and heat levels. Mini bell peppers or chili peppers can start indoors and later be moved outside.

Light and Care of your indoor garden is important.

Choose the right light: south-facing windows and/or using grow lights. Be careful not to over water, you do not want root rot. Maybe consider using vertical gardening with wall-mounted planters. Try creating a greenhouse terrarium, it will add a decorative and functional indoor plant space.

Reflect on past gardens.

What worked well last year and what didn’t. Take time to review your past successes and challenges. It is always a good idea to explore the value of companion planting and crop rotation. This allows you to utilize your soil and garden space to its fullest potential.

Sketching your garden layout.

Take simple steps for creating a garden layout: use graph paper or free online tools. Locate important factors like the direction of the sunlight, soil quality, and water to access. I like to include sections in your layout for pollinator-friendly, edible, flowers, vegetables, and perennials.  You will be surprised to see where the pollinator’s share your seedlings. This gives you the opportunity to see your garden pop up in other areas of your yard.

I would love to hear from you! Share your photos, ideas and invite other to join! I share gardening tips on my FB page @GrowFoodNotLawnCT. If you are an Empty Nester join me on FB @EmptyNestersLifestyleCT.

I am a Realtor full time so if you are looking for tips, home ideas, thinking of selling or buying join me on FB @RealtorLeeAnnD  or my personal page @LeeAnn DeLeo

Facebook @GrowFoodNotLawnCT  @EmptyNestersLifestyleCT  @RealtorLeeAnnD  @LeeAnn DeLeo Blog Sites LeeAnn’s Blog Spot  Empty Nesters Lifestyle CT  Expert Advice Real Estate

Let’s garden together, I’m rooting for you! Follow, Like, Share & Invite Friends – LeeAnn

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • December 27, 2024

November’s Real Estate Market

by LeeAnn DeLeo
Fairfield and New Haven Counties Real Estate. Whether you're navigating the journey of buying or selling a home, staying well-informed is crucial. Having a solid understanding of our economy and local market will make all the difference. It is an emotional life-changing process with many steps along the way. Partner with an experienced and knowledgeable Real Estate Agent like me to ensure a smooth and successful experience.

November’s real estate market, Stay Informed! Updates for both Fairfield and New Haven Counties.

Whether you’re navigating the journey of selling or buying a home, staying well-informed is crucial. Having a solid understanding of our economy and local market will make all the difference. It is an emotional life-changing process with many steps along the way. Partner with an experienced and knowledgeable Real Estate Agent like me to ensure a smooth and successful experience.

Our Economy: November’s real estate market included Chair Powell’s Press Conference on November 7th.  The conclusion is the economy is strong overall and has achieved substantial progress toward our goals over the past two years. The labor market, while less overheated, continues to demonstrate stability. Inflation has significantly declined from a peak of 7 percent to 2.1 percent as of September. The Federal Open Market Committee (FOMC) remains dedicated to sustaining the economy’s strength by promoting maximum employment and achieving our target inflation rate of 2 percent and decided to take another step in reducing the degree of policy restraint by lowering our policy interest rate by a quarter point.
The Federal Reserve: The Fed’s meet December 18 and cut rates a quarter point, it’s the third consecutive rate cut. In conjunction with the meeting, meeting participants will indicate their projections of the most likely outcomes for real gross domestic product (GDP) growth, the unemployment rate, and inflation for each year from 2024 to 2027 and over the longer run. Next meeting is January 28-29.
On the Supply Side: Price your home right and SELL now, November’s real estate market remains to have low inventory levels overall compared to this time last year. The supply in Fairfield County was down 11% and New Haven County 8% for both Single Family Homes and Condo’s.
Buyers’ Demand: List your property now and secure a sale while buyers are still showing a demand. Buyer demand is declining and has softened slightly compared to this time last year. Both Fairfield and New Haven Counties had a slight decline again this month ranging between 1.6-1.7% over ask price on closed homes.
Sales Price for the Market in Fairfield County: Fairfield County had a significant increase in the average sales price of over 8% for Single Family Homes over 6% for Condo’ compared to this time last year. Looking for more value for your money? If Fairfield County prices are out of reach, consider moving to New Haven County!
Market Activity in New Haven County: Want more bang for your buck, consider moving to New Haven County. Act fast! Average sales price for Single Family Homes is up over 13% and Condos went up over 9% higher than this time last year. Contemplating relocating? Let’s Talk, Prices are on the rise!
Market Conditions: Overall November’s real estate market conditions remain the same! Interest rates are beginning to decline, and trends in both counties reflect competitive markets with fast sales and limited inventory.
Neighborhood News: Register to receive the real estate markets inside scoop for the market area you love.
Don’t LOVE Where You Live? I love where I live, and you should too. If you don’t love where you live, Let’s Talk!
Selling or Buying: I’ve assisted 100’s of sellers, buyers and seniors achieve their real estate goals. Specializing in sellers, buyers, seniors, relocation, landlords and up or down sizers. Recognize that the real estate market is constantly changing. It’s essential to stay informed through reliable sources.
Contact LeeAnn Today (203) 253-4567: Ask for a NO obligation, COMPLIMENTARY consultation regarding your market area and housing situation. Remember, it is always best to consult with a Professional Real Estate Agent like me.

Prepared By,
LeeAnn DeLeo, Real Estate Professional
(203) 253-4567
leeann.deleo@gmail.com

www.leeanndeleo.com

Follow Me on Social Media
FB, IG, & LinkedIn @RealtorLeeAnnD

Source: SmartMLS and Federal Reserve

 

 

 

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • November 12, 2024

Should You Rent or Should You Buy

by LeeAnn DeLeo
Should you rent or should you buy? Let's compare the financial and lifestyle factors together to find your best fit.

Should you rent or should you buy? Let’s compare the financial and lifestyle factors together to find your best fit.

Financial Considerations

Compare the costs of renting vs buying, including mortgage payments, property taxes, insurance, and maintenance expenses. Consider your budget, long-term financial goals, and local housing market conditions. What are your long term plans?

Flexibility Vs Stability

Evaluate your lifestyle and future plans. Renting offers flexibility, allowing you to easily relocate for career opportunities or lifestyle changes. On the other hand, homeownership provides stability and the opportunity to build equity. Are you looking to build equity?

Personal Preference

Consider your preferences for living space, privacy, family and customization. Renting may offer convenience and lower upfront costs, but owning a home allows you to personalize your space and build a sense of community. Do you want to rent, or do you want to buy?

Long Term Investment

Assess the potential for long-term investment and wealth-building. While renting may offer short-term savings, homeownership can be a valuable asset that appreciates over time, providing financial security and a source of wealth.  Most homes go up in value if purchased at the right price.

Neighborhood News: Stay informed about your local markets. Register to receive the real estate markets inside scoop for the market area you love.

Don’t LOVE Where You Live? I love where I live, and you should too. If you don’t love where you live, Let’s Talk!

Should you rent or should you buy? I’ve assisted 100’s of clients achieve their real estate goals. Specializing in sellers, buyers, seniors, relocation, landlords and up or down sizers. Recognize that the real estate market is constantly changing. It’s essential to stay informed through reliable sources.

Contact LeeAnn Today (203) 253-4567
Ask for a NO obligation, COMPLIMENTARY consultation regarding your market area and housing situation. Remember, it is always best to consult with a Professional Real Estate Agent like me.

Prepared By,
LeeAnn DeLeo, Real Estate Professional
(203) 253-4567
leeann.deleo@gmail.com
www.leeanndeleo.com

Follow Me on Social Media
FB, IG, & LinkedIn @RealtorLeeAnnD

 

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • November 7, 2024

October’s Real Estate Market

by LeeAnn DeLeo
October’s real estate market, Stay Informed! Updates for both Fairfield and New Haven Counties. Whether you are selling or purchasing a home it is always important to stay informed! Knowledge about your market area is crucial. Buying or selling a home is a transformative experience opening doors to exciting new possibilities in your life. Be sure to consult with a Professional Real Estate Agent like me.

October’s real estate market, Stay Informed! Updates for both Fairfield and New Haven Counties.

Whether you are selling or purchasing a home it is always important to stay informed! Knowledge about your market area is crucial. Buying or selling a home is a transformative experience opening doors to exciting new possibilities in your life. Be sure to consult with a Professional Real Estate Agent like me.

The buyer’s demand is showing signs of a mild softening compared to this time last year. Inventory levels remain about the same as they were this time last year while the demand has decreased.  What does all that mean?

When demand shows signs of softening, and the inventory remains similar it may mean prices are stabilizing or even decrease slightly. Sellers may need to be more flexible on price to attract buyers. This may reduce the likelihood of bidding wars and may give buyers more negotiating power.

“The Federal Reserve cut interest rates for the second straight meeting by .25% November 7th, ushering in a new era for monetary policy and the consumers who plan their finances around it after two and a half years of the highest interest rates in decades.” YahooFinance – The next meeting is December 17–18.

On the Supply Side: October’s real estate market remains to have low inventory levels overall. Compared to October 2023 Fairfield County had a slight decrease of 18 units in inventory for Single Family Home and Condo’s an increase of 11.  New listings were up by 39 units in New Haven County for Single Family Homes and Condo’s had increase of 49 in inventory compared to October 2023.

Buyers’ Demand: Want more than your ask price? Price right and SELL now! Buyer’s demand is holding steady, though it has softened slightly compared to this time last year. Both Fairfield and New Haven Counties had a decline in the range of 1.5-1.7% over ask price on closed homes.

Movement for the Market in Fairfield County: Looking for more value for your money? If Fairfield County prices are out of reach, consider moving to New Haven County! Fairfield County showed a decline in their average sale price of 4.8% less than last year and condos 11% less. Sellers may need to be more flexible on price to attract buyers.

Market Activity in New Haven County: If Fairfield County home prices are above your budget? Check out New Haven County instead! Move quickly the sales of Single Family Homes and Condos are an average of 8% higher than they were this time last year. Contemplating relocating? Let’s Talk, Prices are on the rise!

Conditions: Overall October’s real estate market conditions remain steady! Real estate trends in both counties show competitive markets with quick sales, and low inventory.

Neighborhood News:
Register to receive the real estate markets inside scoop for the market area you love.

Don’t LOVE Where You Live?
I love where I live, and you should too. If you don’t love where you live, Let’s Talk!

Selling or Buying: I’ve assisted 100’s of sellers and buyers achieve their real estate goals. Specializing in sellers, buyers, seniors, relocation, landlords and up or down sizers. Recognize that the real estate market is constantly changing. It’s essential to stay informed through reliable sources.

Contact LeeAnn Today (203) 253-4567: Ask for a NO obligation, COMPLIMENTARY consultation regarding your market area and housing situation. Remember, it is always best to consult with a Professional Real Estate Agent like me.

Prepared By,
LeeAnn DeLeo, Real Estate Professional
(203) 253-4567
leeann.deleo@gmail.com

www.leeanndeleo.com

Follow Me on Social Media
FB, IG, & LinkedIn @RealtorLeeAnnD

Source: SmartMLS

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • October 28, 2024

Home Fall Maintenance Tips

by LeeAnn DeLeo
Home Fall Maintenance Tips As autumn arrives, it is important to implement these home fall maintenance tips. It’s time to prepare for winter’s impact on roofs, siding, and walkways. Here’s a list of essential fall maintenance tips to protect your home and property.

As autumn arrives, it is important to implement these home fall maintenance tips. It’s time to prepare for winter’s impact on roofs, siding, and walkways. Here’s a list of essential fall maintenance tips to protect your home and property.

  1. Clean the Roof, Gutters and Trim Overhanging Branches:
    I don’t know about you, but I keep a maintenance check list for my home. Be sure to clear leaves and debris from gutters and roofs to prevent ice dams and leaks. Also prune back any creeping vines to deter pests. If you are not comfortable on a ladder, hire a licensed professional.
  2. Rake Leaves:
    Regularly clear leaves to prevent lawn damage and slipping hazards. It’s good exercise and fresh air always makes for a good night’s rest. Raking leaves is a fall maintenance job every property owner needs to tackle.
  3. Check Weatherstripping and Insulation:
    Replace worn weatherstripping to prevent drafts, help reduce heating costs and increase comfort.  This is important because weatherstripping rots and no one wants to feel a draft when you’re ready to relax.
  4. Replace HVAC Filters:
    Have your heating system serviced to ensure efficient heating. Replace the filter in the HVAC system before heavy winter use.  You will be glad you maintained your HVAC system; the heat always seems to breakdown on the coldest night over the weekend.
  5. Patch Holes:
    Seal small holes to prevent critters from entering. Larger gaps may need wire mesh or sheet metal for full coverage. You may want to consult a pest control company. This is important, once pests get into your home, they multiply and are extremely difficult to get rid of.
  6. Drain Exterior Faucets:
    Turn off water valves and drain hose bibs to prevent pipe bursts. Once the water is off, leave faucets slightly open to allow ice expansion if necessary. No one wants a water valve or hose to burst, makes for a messy spring.
  7. Drain the Sprinkler System:
    Turn off the main supply and open each zone valve to drain remaining water and prevent frozen pipes.  You want to ensure that come springtime, you are ready to water with no extra headaches or maintenance costs.
  8. Clean the Chimney:
    For homes with fireplaces, hire a chimney professional to clean your fireplace and chimney.  A clean chimney will prevent fire hazards from creosote buildup. Also have them check dampers and spark arrestors as well. If you use your fireplace as much as I do, this is a must do task!
  9. Once Over Home Safety Inspection:
    Secure loose gutters, decking and railings, especially on outdoor stairs, to prevent slips. You may want to consider adding non-slip coatings for extra protection on your outdoor stairs. Winter roars in like a lion, it’s not a good idea to not be prepared and use extra preventative measures to assure your safety.
  10. Empty the Septic System: 
    Have your septic system cleaned out on a yearly basis.  It’s always better to have a preventative mentality, this way you can avoid a huge repair cost.

Tackle these home fall maintenance tips now to avoid emergency winter repairs, save money, and protect your home and property.

LeeAnn DeLeo, Real Estate Professional
(203) 253-4567
leeann.deleo@gmail.com

If you don’t LOVE where you live, Lets Talk (203) 253-4567! I have successfully helped hundreds of sellers and buyers and will help you with your real estate goals too!

Follow Me on Social Media
FB, IG, & LinkedIn @RealtorLeeAnnD

 

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Expert Advice • October 21, 2024

Q3 2024 Compared to Q3 2023

by LeeAnn DeLeo
Q3 2024 Compared to Q3 2023 – Real Estate Market Trends for both Fairfield and New Haven Counties, Stay Informed!
Q3 2024 Compared to Q3 2023: Real Estate Market Trends for both Fairfield and New Haven Counties. Stay informed by knowing the real estate market trends for your neighborhood. If considering selling, NOW is the time to sell-Inventory at an all-time low!
Buyer demand for Q3 2024 Compared to Q3 2023 for both Fairfield and New Haven Counties slightly declined. However, homes listed for sale are still receive multiple offers and selling above the asking price, keeping our real estate market strong. 
The Federal Reserve lowered the target range for the federal funds rate by 1/2 percentage point.  Next Federal Reserve meeting is November 6-7. Stay Informed!
On the Supply Side:  Once our inventory begins to increase the buyer’s demand will begin to decrease. Inventory is still low. Thinking of selling NOW is the time.  Q3 2024 we saw a decrease in the inventory of new homes for sale in both Fairfield and New Haven Counties in September.
Buyers’ Demand: Sell while the buyers’ demand is still strong, sell now!  Want more than your ask price? Sell now! Q3 2024 Fairfield County saw a slight decline of .08% over ask price on closed homes and New Haven County a slight decline of .05% over ask.
Movement for the Market in Fairfield County: Can’t afford Fairfield County prices? Want more bang for your buck? Consider moving to New Haven County. Single family homes in Q3 2024 in Fairfield County are selling for over 2.8% more than Q3 2023 and condos 5.6% more.
Market Activity in New Haven County: Consider buying your next home in New Haven County if the home prices are above your budget in Fairfield County.  Sales for single family homes in New Haven County were 10% more in Q3 2024 and condos were 18% more than Q3 2023.  Thinking of relocating? Let’s Talk!
Conditions: Overall conditions remain the unchanged! Real estate trends for both counties saw competitive real estate markets characterized by rising prices, fast sales, and low inventory, reflecting strong buyer demand and a limited housing supply.
Neighborhood News:
Register to receive the real estate markets inside scoop for the market area you love.
Don’t LOVE Where You Live?
I love where I live, and you should too. If you don’t love where you live, Let’s Talk!
Selling or Buying: Do you know your neighborhood market trends? Recognize that the real estate market is constantly changing. It’s essential to stay informed through a reliable source like me. I am a homeowner, landlord, builder, investor and have worked in the mortgage lending industry. Combine your goals with my experience, and a good plan will ensure you a successful transaction.  I’ve assisted 100’s of sellers and buyers achieve their real estate goals. Specializing in sellers, buyers, seniors, relocation, landlords and up or down sizers. I can help you achieve yours.
Contact LeeAnn Today (203) 253-4567: Ask for a NO obligation, COMPLIMENTARY consultation regarding your market area and housing situation. Remember, it is always best to consult with a Professional Real Estate Agent.

Prepared By,
LeeAnn DeLeo, Real Estate Professional
(203) 253-4567
leeann.deleo@gmail.com

www.leeanndeleo.com

Follow Me on Social Media
FB, IG, & LinkedIn @RealtorLeeAnnD

Source: SmartMLS

Related Articles
Expert Advice Summer Heat Safety Tips for Pets, Children, Adults and Seniors Summer heat safety tips for pets, children, adults and seniors. Summer brings sunshine, longer days, and more time outdoors—but it also brings extreme heat that can be dangerous if we’re not prepared. Pets, young children, and elderly individuals are especially vulnerable when temperatures climb. Whether you’re at home, out for a walk, or visiting a […]
Expert Advice A Look at May’s Real Estate Markets: Fairfield and New Haven Counties A Look at May’s Real Estate Markets in Fairfield & New Haven Counties. Staying informed about local market trends is essential whether you’re selling or buying. I am a reliable source you can depend on. With experience as a homeowner, investor, landlord, builder, and mortgage loan officer, I provide insight and guidance throughout the home […]
Expert Advice The New Wealth: Redefining Rich The new wealth, redefining rich. Most measure wealth with bank accounts, status symbols and square footage. Today, more and more people are realizing a quieter truth. Real wealth doesn’t always come with a price tag. Wealth is not about collecting more things, a fancy car, a big house, or money. It’s about cultivating a life […]
Home
Properties
About Me
Blog
Neighborhood News
eho-89x83.png
realtor_white-71x83.png

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

© 2025 MoxiWorks

© CENTURY 21 2023 - 2024. All rights reserved. CENTURY 21®, C21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Franchisee Legal Entity Name (not the dba) fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Century 21 Real Estate LLC nor any of its affiliated companies.