Home Sales and Prices Up in May

Connecticut REALTORS® reports that the single-family residential home median sales price is $260,000 which reflects a 4.0 percent increase from $249,900 in that same time period last year. Median indicates that half the homes sold for more and half for less. Single-family residential home sales in Connecticut increased 10.0 percent comparing May 2017 to May […]

What’s driving real estate’s home listing shortage?

There’s a definite lack of housing inventory, and part of it can be attributed to sellers staying put Key Takeaways Most sellers are also hoping to buy, so they are facing the same market constraints as buyers. Housing supply has not kept up with demand because building has become increasingly expensive. Rising mortgage rates and […]

February Sales Statistics

Connecticut REALTORS® reports that the single-family residential home median sales price is $225,000 which reflects a 2.2 percent decrease from $230,000 in that same time period last year. Median indicates that half the homes sold for more and half for less. Single-family residential home sales in Connecticut decreased 4.2 percent comparing February 2017 to February […]

Special Report: How real estate agents can live happily ever after in retirement

Finding long-term value in the hard work and sweat of agents’ day-to-day Key Takeaways Selling your real estate business is still seen as an inexact science, especially in the changing industry, and many agents are looking for answers. When asked what they will do with their client database, 31.25 percent of respondents did not have […]

Study: Small Homes Appreciate Faster

DAILY REAL ESTATE NEWS | MONDAY, FEBRUARY 13, 2017 Bigger isn’t necessarily better when it comes to appreciation. In fact, a new study shows that smaller homes likely will offer a bigger percentage return on a home shopper’s investment. Read more: New Single-Family Homes Are Getting Smaller A new study conducted by NerdWallet culled three […]

4 solar panel pitfalls

Is it ever a good idea to install solar panels? Yes, but steer clear of these problems: Key Takeaways Solar panel installation on residential property is on the rise, and they can be a solid investment with benefits such as reduced energy bills. Leased solar panels come with low upfront costs; however, when homeowners lease […]