Positive Housing Trend in the Northeast

Real Estate Agent with Portfolio Properties Group

Quite happily, a recent Realty Times article reports that the NRA projects a rebound of home sales in the Northeast based on current numbers.

Though existing home sales dropped last month in the South and the Midwest, home sales rose on our Nation's coasts. Home sales rose 2.2 percent in the Northeast and, according to many Northeast agents, the market has been doing just fine.  

With spring in full swing (let's not mention the pollen count!), new listings are coming on the market every day and being snapped up almost as quickly. Given Connecticut's proximity to New York and International Airports--a highly advantageous geographical location, especially for Litchfield County homesellers--properties are still in high demand. As long as New York City is still the heartbeat of the Nation, the demand for Connecticut homes will remain impressively high.

While home sales in the Northeast remain high, Realty Times suggests that they are, quite literally, conditional. The homes that sell the quickest are those that necessitate the least rehabilitation--think new paint, intact flooring and wall spaces, safe porches and recently refinished bathrooms, and kitchens with the most modern of modern conveniences. So, if you are hoping to join in this positive NOrtheast housing trend and put your house on the market, make certain that your home is in the best condition possible; doing so will not only save you market time, but probably earn you considerable dollars in the final sale.

To read Realty Times' Northeast report, please visit their website


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Stephen Drezen

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