home prices are finally falling. here's what to expect with the CT real estate market

home prices are finally falling. here's what to expect with the CT real estate market

With the New York City region continuing to hold its own on real estate prices, Connecticut home owners are testing the autumn market with new listings — though some with existing listings are cutting their prices as buyers cope with higher mortgage rates and the overall impact of inflation.

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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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denver’s real estate market could balance out for the first time in 16 years

denver’s real estate market could balance out for the first time in 16 years

“The market is entering a period of neutrality where the bullish ways of extreme markets make way for a stage of compromise, with buyers and sellers working together for a win-win experience,” wrote Levinson-Katz.

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colorado housing market becoming more buyer-friendly

colorado housing market becoming more buyer-friendly

According to CAR’s latest statistics:

  • Single family homes in Denver County are sitting on the market longer – about 18 days this month, compared to 11 in August 2021.

  • Last August, single family homes in Denver County sold for 102.4% of list price, compared to 99.1% this August…

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denver’s housing market continues to slow as locals compete with wealthier newcomers

denver’s housing market continues to slow as locals compete with wealthier newcomers

Higher mortgage rates continue to make it less enticing for potential buyers to look for a new home.

Denver-area home prices continue to drop month-to-month, though they are still higher than they were this time last year.

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house prices haven’t dropped in denver — but the rate of the rise is slowing down.

house prices haven’t dropped in denver — but the rate of the rise is slowing down.

From this time last year, median house prices have risen 11.5%, to $723,750, in metro Denver metro, according to the latest Market Trends Report from the Colorado Association of Realtors. In normal times, that would be a hefty hike. But it’s nothing compared to recent years, when home prices have been rising around 20%, from one year to the next.

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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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metro denver’s housing market starting second half of year on a cold note

metro denver’s housing market starting second half of year on a cold note

Big shifts are increasingly favoring buyers over sellers

A big chill continued to descend on metro Denver’s housing market last month as home sales fell sharply and the number of listings continued to soar, according to a monthly update from the Denver Metro Association of Realtors.

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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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drop in metro denver home sales will be steeper than expected

drop in metro denver home sales will be steeper than expected

Metro Denver’s housing market is facing some major headwinds that will contribute to a larger than expected drop in home sales and slower than predicted price gains, according to a mid-year update from the Denver Metro Association of Realtors.

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denver’s june housing report is out. what's changing and what it means for buyers, sellers

denver’s june housing report is out. what's changing and what it means for buyers, sellers

The number of homes and condos up for sale in the Denver metro rose by nearly two-thirds from May to June and the number of properties available on the market grew by nearly twice from a year ago, according to the latest market trends report from the Denver Metro Association of Realtors.

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