the state of the CT housing market: why is inventory so low?
/The start of spring historically means the housing market heats up in Connecticut. However, for those looking, there’re not a lot of options out there.
Read MoreThe start of spring historically means the housing market heats up in Connecticut. However, for those looking, there’re not a lot of options out there.
Read MoreThe town of Avon jumped out as one of the hottest real estate markets in the country in the first two months of 2025, with two other Hartford-area locals ranking high on Redfin's list of neighborhoods where houses are generating the most bidding wars.
Read MoreNew listings surged in January, with more than 4,300 homes added to the market or 135% more than in December, according to the Denver Metro Association of Realtors monthly report released Wednesday.
Read MoreAs Denver’s real estate market settles into the rhythm of the new year, buyers and sellers alike are watching for signs of what’s ahead. Compared to last month and this time last year, more luxury homes are hitting the market in February. But buyers have been slower to act, leading to a more gradual increase in pending sales, according to Denver Metro Association of Realtors (DMAR).
Read MoreMetro Denver’s housing market experienced a surge in new listings last month as sellers rushed the field ready to make a deal. But buyers, hobbled by a lack of affordability, increasingly stayed on the sidelines, causing closings to fall and the inventory to rise, according to a monthly update from the Denver Metro Association of Realtors.
Read MoreConnecticut has the third-highest real estate property taxes in the country, according to a new study from WalletHub.
The study shows Connecticut’s annual taxes on a home priced at the state’s media value of $343,200 is $6,575 annually.
Read MoreThe U.S. residential real estate market is showing signs of thawing after the deep freeze of the early winter months—and some neighborhoods are drawing more attention than others.
Read MoreWestchester home prices continued climbing in 2024 as sales dipped, according to a report by Houlihan Lawrence.
The report released on Dec. 23 showed median sale prices of single-family homes went up 8.2% to $930,750 from 2024 while sales dropped slightly by 1.5%.
Read MoreThe residential real estate market was quite active in 2024 in Westchester, Putnam, Dutchess and parts of Connecticut, especially in the luxury sectors, according to data from the real estate brokerage firm Houlihan Lawrence.
Read MoreAs the calendar flips to 2025, will real estate pick up the pace in more Connecticut locales? That depends on homeowner decisions on whether to cash out while buyers are on the hunt — and on interest rates that impact both sides of the real estate equation.
Read MoreThe housing market in 2025 might have a more favorable outlook than much of 2024 had, especially if mortgage rates and inventory levels improve. There’s still uncertainty in the air, though: Rising prices and slowing construction could cause some trouble for buyers in 2025, and the impact of the new presidential administration remains a wild card.
Read MoreAs of December, the Denver housing market is showing a mix of resilience and seasonal shifts. While prices have seen a slight dip recently, there's still a lot of activity, particularly in certain price ranges. The market isn't exactly on fire, but it's certainly not frozen either. Let's dig into the details and I’ll share my thoughts and experiences to give you a clear picture.
Read MoreHomes are taking longer to sell. Concessions are becoming more popular. And lately, buyers have been in a better position they haven't been in a long time.
Read MoreStill, in the wake of the Federal Reserve’s jumbo-sized interest rate cut in September, many buyers are opting to remain on the sidelines in the hopes that further Fed cuts later this year will lead to more mortgage rate declines.
Read MoreThe Connecticut housing market is a hot topic these days, and it doesn’t take much to see why. With shifting trends, rising prices, and a competitive landscape, both buyers and sellers are paying close attention.
Read MoreWhen entering Connecticut’s housing market, whether you’re buying or selling, understanding real estate commissions is vital for your financial planning and negotiation strategy. In 2024, changes to how commissions are handled were rolled out across the country, aiming to increase transparency.
Read MoreAccording to the August Market Trends Housing Report from the Colorado Association of Realtors, with more than 27,000 active listings statewide, and more than half of them sitting in the seven-county Denver metro region, potential buyers had 21% more inventory to choose from last month than they did a year ago.
Read MoreDespite a growing list of active inventory and motivated sellers across the seven-county Denver-metro area and statewide, buyers continue to stay away citing interest rates and pricing that has ignored the inventory increase and maintained its higher levels, according to the latest Market Trends Housing Report from the Colorado Association of Realtors (CAR) and analysis from the Association’s spokespersons across Colorado.
Read MoreOver the last 12 months, the Denver metro region added nearly 21,160 new apartment units. For the same time, according to a report released Wednesday from the Apartment Association of Metro Denver, there were about 20,400 new leases signed.
Read MoreU.S. home prices posted a 5.4% annual gain, according to the latest S&P CoreLogic Case-Shiller Home Price Index three-month running average that ended in June.
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