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.
Read MoreAfter 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.
Read MoreThe Denver housing market is one of Colorado’s most active as the state capital is home to many employers and is one of the Mountain West’s largest cities.
People also have been flocking to the Mile High City from more expensive cities in search of a cheaper cost of living and to work remotely in the Rocky Mountains.
Read MoreProperties are being listed for longer, and home prices are up nearly 5% from this time last year. Sellers, as they typically do, are waiting till the New Year to put their homes on the market.
Read MoreThere's no doubt the Denver metro's housing market is cooling, as mortgage rates that more than doubled since January have dissuaded potential homebuyers.
Read MoreThe 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.
Read MoreA favourable geographic location, an educated workforce, strong connectivity and a high quality of life are working in Denver's favour when it comes to attracting investment.
Read More“As inflation endures, consumers are seeing higher costs at every turn, causing further declines in consumer confidence this month,” Khater explained in a statement. “In fact, many potential homebuyers are choosing to wait and see where the housing market will end up, pushing demand and home prices further downward.”
Read MoreFAIRFIELD - 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.
Read MoreSigns of a slowing housing market persist in the Mile High City, according to the latest data from the Denver Metro Association of Realtors.
Read MoreOne of Bridgeport's biggest nonprofits is holding its annual fundraising benefit next month. The nonprofit's mission is to end housing insecurity, income inequality and homelessness by creating safe, affordable housing and promoting home ownership.
Read MoreSingle-family home sales in the third quarter still remained above pre-pandemic levels
Read MoreHere at SHELTER, our core mission is changing lives through real estate and partnering through volunteer work, sponsorships, and events with a non-profit like Project I See You takes our mission to a whole new level. And the truth is, we couldn't reach our mission without each of you!
Read MoreWith 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.
Read MoreWaiting until prices plateau to buy won’t necessarily save you money though. “The more the bubble pops,” Gill says, “the higher the interest rates have gone. So your bottom-line expenses are either going to be the same or cost more if you don’t get into the market now.”
Read MoreIt’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.
Read More“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.
Read MoreIn a new analysis of 17 Fairfield County towns’ affordable housing plans, the median community received a ranking of 2.5 out of 5, showing scattered progress for many towns and room for improvement on equity and other issues in others.
Read MoreDenver officials want to better understand what it would take to turn obsolete office buildings downtown into sorely needed housing and plan to approach property owners next year about tackling those conversions.
Read MoreThis former manufacturing center in New Haven County is gaining popularity with New Yorkers, thanks to its relative affordability and access to Metro-North.
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