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Realtor Blogs & Real Estate News

Monroe CT Real Estate Market Report April 2012

Monroe CT Real Estate Market Report April 2012 Monroe CT real estate sales for April 2012 WENT UP 50% compared to April 2011 sales and were up 15% from last month. List and sales prices decreased 22% and 21% from April 2011, but homes were selling a bit more quickly with a 34% decrease in market time.                                                 Moving forward into May...

Key Steps for a Stress-Free Mortgage – Step 3

Be Sure to have a Mortgage Contingency Date with a Reasonable Time Frame When going to contract on a new home purchase, it is typical and customary to have a mortgage contingency clause included. The mortgage contingency clause protects the buyer by giving them time to get a mortgage approval in place, and if the mortgage is denied, the buyer is...

Trumbull CT Real Estate Market Report ~ April 2012 ~ Home Sales UP 24%

Trumbull CT Real Estate Market Report ~ April 2012 ~ Home Sales UP 24%   Trumbull CT home sales continue to be on their way UP.    Closed sales in Trumbull CT were UP 24% in April 2012 compared to the same period last year. List and selling prices INCREASED 7% and 6% respectively AND the median went UP 6%.  Days on the market went...

Remembering My Dear Friend Karen Reilly

On Wednesday morning, April 25, I received a phone call that saddened me to the core. I learned my dear friend and RealtyQuest associate, Karen Reilly, had passed away after a 15 year battle with breast cancer. Karen’s indomitable strength and courage was like no other cancer victim I have ever seen. For as long as I have known her, she...

Shelton CT Real Estate Market Report – April 2012

Shelton CT Single family home sales for April 2012 were recorded as the highest number of sales in the last year and were up 67% over March 2012 AND the same period last year (April 2011).  Compared to  April 2011, listing and sales prices both decreased 24% and the median went down 7%.  A much higher than usual cluster of low...

FannieMae Survey Reflects Rise in Consumer Confidence

Consumer confidence in the real estate market and the economy in general is holding steady and even rising slightly, according to FannieMae's National Housing Survey. 64% of respondents say that they would buy (vs rent) if they had to move. This enthusiasm for buying likely stems from the belief that rental prices, sale prices and mortgage rates will all increase...