Owning a CT home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “In reality, buying or renting a home is an
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11/30/2017
Some Highlights: The inventory of existing CT homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing CT home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from Octobe
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11/29/2017
There is little doubt that it is easier to get a home mortgage today in CT than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just
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11/28/2017
So, you’ve decided to sell your CT house. You’ve hired a real estate professional from Dave Jones Realty to help you with the entire process, and we have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list i
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11/27/2017
In today’s CT housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are
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11/24/2017
Some Highlights: Whether you are selling your CT home, just purchased your first home, or are a CT homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI). While big projects like adding a bathroom o
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11/23/2017
The current narrative is that CT home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a CT home right now (whether a first-time home or a move-up home) makes absolutely no sense from an affordability standpoint.
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11/22/2017
Whether you are a renter who is searching for your dream CT home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place. According to data from the National Association of Realtors’ Profile of Home Buyers & Sellers, the averag
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11/21/2017
CT mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters. This h
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11/20/2017
Every year at this time, many CT homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons not to wait: Relocation
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11/17/2017
