Real Estate experts: NY Residents moving to Connecticut

Author: Amanda Raus Published: 2:27 PM EDT July 1, 2020 HARTFORD, Conn — The COVID-19 pandemic having a huge impact on the real estate market in Connecticut. We’re seeing a trend of people moving out of New York City and into Connecticut. Experts say it has quickly turned parts of Connecticut from a buyer’s to a seller’s […]

Pending-home sales climbed record-setting 44% from April to May

BY PATRICK KEARNS |  Today 7:24 A.M. The Pending Home Sales Index (PHSI), a forward-looking indicator of future sales based on contract signings, climbed 44.3 percent month-over-month and was down 5.1 percent year-over-year in May, after bottoming out in April due to COVID-19. It was the biggest monthly gain ever reported by the National Association of Realtors (NAR) in the nearly two […]

Mortgage Rates Remain at All-Time Low

From Realtor Magazine The 30-year fixed-rate mortgage stayed at its record low this week, offering an opportunity for home buyers to lock in the lowest rate in Freddie Mac’s records dating back 50 years. The 30-year fixed-rate mortgage averaged 3.13% this week. The mortgage market has seen a resurgence in applications for home purchases in […]

What Buyers Are Looking For in a Post- COVID19 World

We know that the corona virus pandemic has had a profound impact on nearly every economic industry. House design and construction is no different. As many workers move to WFH hybrid situations, housing design is due for a few changes. Some of these changes include: Indoor and outdoor recreational areas. Pools, barbecue areas, outdoor dining, […]

The Digital Age of Real Estate – A Word of Caution

Pre-corona virus the digital real estate environment was already picking up steam. Now with limited in person meetings and less face time, many real estate purchases are happening in a purely digital format. One thing to be wary of – scams. It’s nothing new for people who have fielded the ever common telemarketer phone call […]