July 22, 2020
Below, we have a recent study by NAHB’s Eye on Housing. They looked into LIHTC (Low Income Housing Tax Credit) to see its impact on local communities. From their data, while these units have been hotly contested, they seem to generate a large number of jobs and have a positive impact on local communities. It […]
July 20, 2020
NAHB today released its Remodeling Market Index (RMI) for the second quarter of 2020, posting a reading of 73. This is the second quarter with a new RMI, redesigned to ease respondent burden and improve its ability to interpret and track industry trends. The new series is not seasonally adjusted, therefore index readings cannot be […]
July 15, 2020
Here is the latest article from the NAHB about new opportunities in the building industry can that benefit from the economic recovery. After the devastating job losses experienced across the country in March and April, construction hiring surged and job openings increased in May to 365,000. In a positive sign, home builders and remodelers added 83,200 jobs […]
July 13, 2020
Here is our beautiful Melville project finished and on the market. Click the image to see the full slideshow. The home is absolutely stunning and located in a quaint Fairfield neighborhood. For details on this property you give us a call at 800-625-1209.
July 8, 2020
Amid low inventory and sky-high demand, home prices rose at a steady rate this spring — even as fears of a pandemic-induced downturn remain. In May, home prices rose by 4.8 percent year over year. According to the latest data from property analytics provider CoreLogic, the numbers reflect both the pent-up demand for housing during spring’s lull and the […]
July 6, 2020
Hello July! With summer months upon us, it is the perfect time to switch gears and move our focus from inside projects, to outdoor ones. As we grow more accustomed to living life a little closer to home, have your backyard goals changed? Here are a few things to consider: Landscaping options, including making a […]
July 3, 2020
Wishing you and your families a safe holiday weekend! Some activities that we are looking forward to – even with coronavirus accommodations are: A picnic outside at our local park, socially distanced away from others A family barbecue with plenty of space outside and making sure to keep hands washed Sparklers and small celebration games […]
July 1, 2020
Author: Amanda Raus Published: 2:27 PM EDT July 1, 2020 HARTFORD, Conn — The COVID-19 pandemic having a huge impact on the real estate market in Connecticut. We’re seeing a trend of people moving out of New York City and into Connecticut. Experts say it has quickly turned parts of Connecticut from a buyer’s to a seller’s […]
June 29, 2020
BY PATRICK KEARNS | Today 7:24 A.M. The Pending Home Sales Index (PHSI), a forward-looking indicator of future sales based on contract signings, climbed 44.3 percent month-over-month and was down 5.1 percent year-over-year in May, after bottoming out in April due to COVID-19. It was the biggest monthly gain ever reported by the National Association of Realtors (NAR) in the nearly two […]
June 26, 2020
From Realtor Magazine The 30-year fixed-rate mortgage stayed at its record low this week, offering an opportunity for home buyers to lock in the lowest rate in Freddie Mac’s records dating back 50 years. The 30-year fixed-rate mortgage averaged 3.13% this week. The mortgage market has seen a resurgence in applications for home purchases in […]