housing market is shifting closer to favoring buyers

housing market is shifting closer to favoring buyers

The housing market moved further in the direction of buyers last month as the markets that cooled the fastest in response to quickly rising interest rates and home prices continued to moderate, according to the Knock Buyer-Seller Market Index released today. At the same time, many strongholds show no sign of slowing down and some are expected to gain momentum over the next year.

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are new real estate listings in new haven county signaling a tipping point for CT homebuyers?

are new real estate listings in new haven county signaling a tipping point for CT homebuyers?

After two-thirds of New Haven County cities and towns generated sufficient numbers of new home listings to replace those sold in the third quarter, the market remained balanced into December, signaling a break in the high prices that have thwarted many Connecticut buyers during the pandemic real estate market.

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connecticut’s Q3 market report shows prices holding steady, inventory down

connecticut’s Q3 market report shows prices holding steady, inventory down

The year-to-date Ridgefield real estate market is a mixed bag of results due to a lack of inventory. While we had a strong third quarter, the number of sales - and as a result - the overall sales volume, was down 24% and 19% respectively over the same time in 2021. However, the good news is that prices are holding steady.

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state okays fairfield schools timeline toward redistricting, addressing racial balance

state okays fairfield schools timeline toward redistricting, addressing racial balance

FAIRFIELD - The State Board of Education on Wednesday approved an agreement... the district received updated enrollment projections from the SLAM Collaborative, a demographic firm, in late June, but that the estimates came “with some caution” because of the fluctuating real-estate market.

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times take on affordable housing lacks evidence, balance

times take on affordable housing lacks evidence, balance

It’s important to address some of the claims and assumptions made in Ms. Lisa Prevost’s recent piece in the NY Times, Town After Town, Residents Are Fighting Affordable Housing in Connecticut.

The piece spurred a lot of discussion in many towns in the Nutmeg State and as an elected zoning commissioner in the Town of Fairfield and long-time neighborhood and environmental advocate, I’d like to set the record straight on 8-30g, Connecticut’s affordable housing law which allows developers to override local zoning regulations.

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here’s where the wealthiest connecticut residents moved in the pandemic

here’s where the wealthiest connecticut residents moved in the pandemic

In Connecticut, the wealthiest movers on average came from Fairfield County and moved to Palm Beach County, Fla. Palm Beach County is home to popular coastal cities like Palm Beach, West Palm Beach and Boca Raton. The data showed that 418 different families totaling 778 people filed their 2019 taxes in Fairfield County and their 2020 taxes in Palm Beach County. That means over $327 million in income moved from Connecticut down to Florida, making the average income per person just over $421,000.

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fairfield county’s Q2 housing market records easing in sales price acceleration

fairfield county’s Q2 housing market records easing in sales price acceleration

The average sales price for a Fairfield County residence in the second quarter was $970,396, up by 18.6% from the $818,477 price in the first quarter and up 2.4% from the $947,230 price from one year earlier. The second quarter’s median sales price of $600,000 was up by 22.4% from the first quarter’s $490,000 and up 5.3% from the $570,000 in the second quarter of 2021.

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ct offers up to $25,000 in homeowners' assistance to 1st-time home buyers in this city

ct offers up to $25,000 in homeowners' assistance to 1st-time home buyers in this city

A new state program in Connecticut is helping residents achieve their dreams of being first-time homebuyers by providing up to a $25,000 forgivable loan for down payment assistance in purchasing a home in Bridgeport.

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cities with the fastest-growing home prices in connecticut

cities with the fastest-growing home prices in connecticut

In Connecticut’s collegiate New Haven, where the median asking price for a home rose significantly over the Stacker compiled a list of cities with the fastest-growing home prices in Connecticut using real estate data from Zillow.

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