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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 value of the home you can

Access is an Important Factor in Getting Your House SOLD!

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access that you can provide to your agent so that he or she can show your home. Here are five levels of access that you can give to buyers, along with a brief description: Lockbox on the Door – this allows buyers the ability to see the home as soon as they are aware of the listing, or at their convenience. Providing a Key to the Home – although the buyer’s agent may need to stop by an office to pick up the key, there is little delay in being able to show the home. Open Access with a Phone Call – the seller allows showings with just a phone call’s

Things to Know, and What to Do, Before Buying a House

A real estate professional, like Rob Rosa, can help you decide upon your wants and needs. Rob Rosa Berkshire Hathaway HomeServices New England Properties Direct Phone - 860-558-2122 Email - robrosa@bhhsne.com Visit http://CTRealEstateSelling.com for more info.

Homeownership 101 | Tax Deductions for Homeowners

Ceramic Countertops? Linoleum?

Those ceramic tile countertops are just not loved anymore. Now's the time to do an update. Let me know if you need a referral. I know a great granite countertop guy! 6 Outdated Features in Your Clients’ Homes DAILY REAL ESTATE NEWS | MONDAY, NOVEMBER 20, 2017 Home buyers say they want the latest design trends in their next property—but 70 percent admit to having outdated features in their current house, according to a new consumer survey by home builder Taylor Morrison. The most common of these outdated features are: Linoleum floors (40 percent) Popcorn ceilings (29 percent) Wood paneling (28 percent) Ceramic tile countertops (28 percent) Shag carpeting (19 percent) Avocado green appliances (8 percent) “This is why real and virtual house hunting is so popular,” says Taylor Morrison Chair and CEO Sheryl Palmer. “We all love to daydream and envision ourselves in a beautiful new environment. But keeping up with ever-evolving preferences for paint color

Just Listed Updated Cape in Hartford, CT

Great starter home or investment - many updates in past few years and gas heat! #hartford #homeselling #robrosa #realestate #BerkshireHathaway #goodtoknow Just Listed - 3 bed, 1 bath, 1,008 square feet at 68 Hanmer St, Hartford, CT Rob Rosa of Berkshire Hathaway HomeServices New England Properties http://CTRealEstateSelling.com

Hartford County - October Results

Hello All, the average Days On Market for homes that sold in Hartford County during October was 72. The average Closing Price was $243,231.