Prospect CT Real Estate, Dave Jones Realty llc Rea

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Real Estate Broker/Owner - Dave Jones Realty, llc. - 0789397
Connecticut area Real Estate listings and market updates. Prospect, Watertown, Naugatuck, Cheshire, Waterbury, Wolcott and surrounding towns. Prospect Ct Homes for sale, Prospect Real Estate, prospect area homes, Prospect Ct real estate, Prospect Short Sales, Prospect foreclosures
I often discuss the difference in family wealth between homeowner households and renter households in CT. Much of that difference is the result of the equity buildup that CT homeowners experience over the time that they own their home. In a report recently released by the nonpartisan Employee Ben...
 Many Real Estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale in CT. The added inventory would no doubt aid buyers in their search to secure their dream home, while also helping to ease price increases throughout th...
CoreLogic’s latest Equity Report revealed that many properties in CT regained equity in the first quarter of 2017. This is great news, since most of the mortgaged properties are now in a positive equity situation.Price Appreciation = Good News for CT HomeownersFrank Nothaft, CoreLogic’s Chief Eco...
 The results of the latest Rent vs. Buy Report from Trulia show that CT homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage.Interesting findings in the report include: CT interest rates have remained low and, even though home prices have appreciated around th...
As CT home values continue to rise, some are questioning whether we are approaching another housing bubble. Zillow just reported that:“National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade.”Though that statement is correct,...
In a blog post published last Friday, CNBC’s Diana Olnick reported on the latest results of the FAU Buy vs. Rent Index. The index examines the entire CT housing market. The researchers at FAU use a “‘horse race’ comparison between an individual that is buying a home and an individual that rents a...
According to a recent report by Trulia, “buying is cheaper than renting by an average of 33.1%.” The report may have some people thinking about buying a CT home instead of signing another lease extension, but does that make sense from a financial perspective?Ralph McLaughlin, Trulia’s Chief Econo...
Here are four great reasons to consider buying a CT home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to increase at a r...
 Some Highlights: CT interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget. Interest rates are at their lowest in years… RIGHT NOW! If buy...
To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase but instead how much they would increase. Some...

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