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Did you know that homes sold for 6.76% more in CT last quarter?

You can get a FREE report with all YOUR TOWN'S real estate sales info and trends. Visit https://robertrosa.bhhsneproperties.com/market-trends Connecticut 2017 Year End Market Report Summary Connecticut sales were down by 1.99% in the fourth quarter, however, average price increased by 6.76% to $344,218. Days on market for both single family homes and condominiums increased by 9.41% and 2.13%, respectively during this fourth quarter. Condominium sales surged in Windham, Middlesex, Hartford and New Haven Counties with corresponding increases in pricing – showing demand for lower maintenance living across the state. New building permits continue to decrease, with 10.87% fewer permits issued as of November 2017 when compared to 2016. Types of permits are still split evenly between single family homes and buildings with 5 or more units. Luxury home sales – those sold for over $2 million – saw continued increases with 7.83% more sales (115) in the 4th quarter when compared...

How many homes on the market during the busiest listing month?

How many homes were on the market in May (the busiest listing month) last year? Wow! #caringagent Thinking of Selling? Now is the Perfect Time It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2017. Here is a graphic showing the results: The three months in the second quarter of the year (represented in red) are consistently the most popular months for sellers to list their homes on the market. Last...

Showing 2 Rental Homes on Saturday

4 Reasons to Sell This Winter

Why wait? - Start living the life you want. - Don't wait for more competition. See the 4 Reasons to Sell This Winter! #nowiswow #caringagent

Why Bother?

Sometimes we all think...why bother? In a moment of inspiration I am thinking it's because we are all connected. Whether through our souls, spirits or what ever you might say...we are all connected and effect each other. Do what needs to be done, the right (kind) way to help someone in a caring way. You will be amazed how we can all help each other smile a little more in today's world. What you do does make a difference.

3 Bedrm House For Rent

This gorgeous 3 bedroom split level home is for rent for only $1650. It will not last long. It is a split level with 3 bedrooms, 2 and a 1/2 baths, hardwood floors, fireplace, stainless steel appliances and a large level yard. Please contact Rob Rosa at 860-558-2122 for a showing today. 3 Craigmore Rd, Bloomfield, CT www.CTRealEstateSelling.com This is an exclusive listing. Courtesy of Rob Rosa of Berkshire Hathaway HomeServices New England Properties. Our office address is 1160 Silas Deane Hwy, Wethersfield, CT 06109

Ready for eggnog?

Courtesy of Rob Rosa Caring, Experienced and Motivated Real Estate Broker Berkshire Hathaway HomeServices New England Properties 1160 Silas Deane Hwy #101, Wethersfield, CT 06109 http://CTRealEstateSelling.com robrosa@bhhsne.com

Should Boomers Buy or Rent after Selling?

In a recent CNBC article , it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent... Meanwhile, more than 5 million baby boomers across the nation are expected to rent their next home by 2020, according to a 2016 analysis from Freddie Mac.” This makes sense in the short term for many reasons. If you are moving to a different part of town or a new region of the country, you may decide to rent until you pick the perfect home in an area you love. However, is renting a good long-term strategy? A mortgage payment remains fixed. Rents, however… The Census Bureau recently released their 2017 third quarter median rent numbers . Here is a graph showing rent increases from 1988 until today: As you can see, rents have steadily increased ...

3 Tips for Making Your Dream of Buying A Home Come True

3 Tips for Making Your Dream Home a Reality [INFOGRAPHIC] Some Highlights: Realtor.com shared their “5 Habits to Start Now If You Hope to Buy a Home.” Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking a lot about it. Living within a budget will not only help you save money for down payments but will help you pay down other debts that might be holding you back. ~ Courtesy of Keeping Current Matters ~

How much of an impact would rising interest rates have if you planned to purchase a home? See chart...

Low Interest Rates Have a High Impact on Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey , interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs , but also impacts your purchasing power. Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain monthly housing budget. The chart below shows what impact rising interest rates would have if you planned to purchase a home within the national median price range, and planned to keep your principal and interest payments between $1,850-$1,900 a month. With each quarter of a percent increase in interest rate, the va...