Owning a home in CT 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. Realtor.com recently reported that: “Buying remains the more attractive
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04/05/2018
Some Highlights: Historically, the choice between renting or buying a home in CT has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice becomes obvious. Before you
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04/04/2018
Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on CT residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that CT home values will continue to rise this year. What is the
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04/03/2018
Interest rates hovered around 4% for the majority of 2017 in CT, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the
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04/02/2018