5 reasons to buy a home in the offseason

Buyers should never rush into a major purchase just to shave off some extra digits BYMIKE PULLEY Key Takeaways Buying a home in the fall or winter can be a thrifty move for homebuyers because it’s cheaper, sellers are ready, there are fewer choices, the buyer becomes the star and they can get great furniture […]

CT Home Sales Drop in September

Connecticut REALTORS® reports that the single-family residential home median sales price is $249,950 which reflects a 1.6 percent decrease from $254,000 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 7 percent comparing September 2017 to September […]

The Realtors® Code of Ethics, and then some….

As I get ready to teach Code of Ethics on Friday, the 13th, I reflect back on what I learned about ethics from my MPA program.  Ethics is a subject that applies to our business dealings as REALTORS®, but it is also at the root of our moral character as individuals, parents, and leaders. NAR […]

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 […]