Essex and CT Shoreline Blog

Everybody is discouraged by the drop in home prices over the last 3-4 years, especially people who want to "move-up" to a larger home. Our statistics show that the median selling prices of residential homes in our 24 town area (from Branford to Waterford Connecticut) have dropped 14.1% since 2006...

Home buyers who have been sitting on the sidelines are still asking if they should buy now or wait.  Maybe housing prices will drop further?  The fact is that interest rates are currently at an all time low with 30 year fixed conventional rates below 5% with no points (assuming good credit, docum...