How is the Connecticut housing market performing?
The coronavirus is affecting the Connecticut housing market in a variety of ways, both good and not so good. For now, we are all adjusting to accommodate the highest safety standards, this is my TOP priority.
Home sellers are temporarily taking their homes off sale, especially in the Fairfield county area. In fact, within the last 60 days, close to 3,720 properties have been withdrawn, canceled or temporally taken off the market.
Central Connecticut is still very active and busy. The good news is that mortgage interest rates remain favorable, and homeowners can take advantage of this by refinancing. Home prices continue to rise but lack of inventory for sale continues to make the market tough for entry-level buyers.
Overall, I am taking things day by day and adapting to the (hopefully temporary) changes in order to serve the public to the best of my abilities, given the circumstances.
Submit your confidential real estate questions here: http://bit.ly/2pT8XP3
✔️Tawana Bourne, Broker - REALTOR® - Investor
📞 (Mobile/Text) 860.834.1220
#RealtorTawanaBourne #ISellWithTawana #IListWithTawana #HouseHunting #HouseSelling #TawanaIsMyRealtor #FirstHomeBuyer #QualityOverQuantity #TawanaIsMyRealtor #FirstTimeHomeBuyer #ILoveRealEstate #IListWithTawana #IBuyWithTawana#TawanaIsMyRealtor
*Disclaimer. Q&A’s are for marketing purposes only and are not intended to offer real estate advice to non-represented parties. Please consult with a real estate professional under their contractual representation for answers to your real estate questions.