It’s been a long road to recovery in Connecticut! Well behind other states, real estate prices in CT have taken over a decade to recover, but we are finally there and onto a new high!Home sales prices in CT reached a new record high of $279,900 in 2020!Homes sold in a median of 40 days, […]
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When do the CARES Act protections end?The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) was enacted in March 2020 and contains provisions to help borrowers with federally backed mortgage loans get through pandemic related financial challenges. But 9 months and many extensions later, the various federal agencies are taking a piecemeal approach to […]
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It’s been a crazy year in the Connecticut real estate market! Endless buyer demand and rising prices have led to a phenomenal year for sellers! But while home sale prices reach a record high in September, the final quarter of 2020 shows some decline… Connecticut home sale prices peaked in September at $300,000 and have […]
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While home owners in many towns state wide are enjoying explosive home value growth, Woodbridge, CT home owners can’t join the party quite yet! Woodbridge home sale prices haven’t changed significantly for most of the last 5 years and are currently at a year to date median of $413,000:Although there has been a slight uptick of […]
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Upside down with no way out!After numerous failed attempts to sell their Ridgefield home, my clients were forced to accept that their property simply would not sell for the amount they needed to pay off their FHA mortgage. Like many of CT’s most expensive towns, Ridgefield has been experiencing a downward trend in home sale […]
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It took 13 long years, but Connecticut home sale prices have finally returned to the peak of the last market cycle in 2007! The median home sale price in Connecticut in 2020 so far is $270,000! Connecticut is one of the last states in the nation to finally get back to pre-bust pricing. But what’s […]
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Are you stuck with a crumbling foundation? Thousands of homeowners in northeast CT are struggling with foundations that are falling apart, and no one to take responsibility for the issue. While attempting to sell, these CT owners discovered they also had a problem with their foundation, which was found to be needing complete replacement, and the […]
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Opportunity knocks! Bring your toolbox and elbow grease and come make this spacious Cheshire cape home! Minutes to all major commuter routes, yet set away in quiet, wooded privacy! Over 2,100 square feet and 6 bedrooms in this unique cape with tons of potential! This home will need a complete cosmetic and mechanical overhaul, but […]
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Mortgage Forbearances are coming to an end. Millions of home owners opted to take a few months off their mortgage during the shutdowns, but now it’s time to pay up! YOUR OPTIONS FOR GETTING BACK ON TRACK WITH YOUR MORTGAGE! Pay the back due amount and resume normal payments. If you have the funds and […]
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The Connecticut market is still a raging sellers market, but for how much longer? The repercussions of the states economic shut down loom ahead and it doesn’t look promising! CT HOME SALE PRICES ARE STILL SKY HIGH! Connecticut home sale prices keep rising month after month! July 2020 sales prices were up 13% over July […]
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