Connecticut Has Nation’s Fastest-Growing Home Values
According to a new report, three Connecticut metros are among the fastest-growing in the country.
CT Housing Markets Missing Out on Inventory Bump
Nation-wide, a bump in new listings is giving hope to homebuyers and sellers alike. But not in Connecticut’s three biggest housing markets.
Pandemic Boosted Hartford Homebuyer Income by $52K
A new analysis by economists at Zillow say the income a Greater Hartford homebuyer needs to afford the median home in the region rose by over $52,000 over the last four years.
Older CT Residents Drive Increase in Homeowners Staying Put
The average tenure of a homeowner in Greater Hartford ticked up again last year unlike the nation at large, according to new research by brokerage and listings portal Redfin.
Hartford Housing Market Could Be Near Top-Performer in 2024
Some experts expect the nation’s housing markets to begin a long, grinding climb-out next year from the multi-year inventory dives they’ve been on since 2020, but one Connecticut market is expected to be among the nation’s best.
Hartford Home Sellers’ Profits Rise Fastest in Nation
A new report from real estate data firm ATTOM says the few Hartford-area residents who are selling their homes have seen the biggest gain in raw profits among any of the nation’s major metro areas.
1 in 10 Houses for Sale in Major CT Markets Are New
With most homeowners who might have sold in other years sitting tight, the share of newly-built homes in many Connecticut housing markets has jumped dramatically in a single year.
Lower Rates Could Be Bringing More Buyers Out
Falling mortgage could be bringing out more homebuyers, according to a handful of new data reports.
Study Shows How Far Home Prices Have Risen Above Affordability Averages
A new Zillow analysis suggests American home prices would have to fall almost 25 percent to return to recent affordability norms – something the company’s researchers suggested is so unlikely that buyers “may need to reset their expectations.”
CT Housing Markets Still Hotter than 2019
Housing markets across the country may be slumping, but across Connecticut, indicators suggest demand is still stronger than the pre-pandemic baseline, even if it is waning.
Zillow: Neighborhoods Close to Downtown Hartford Still Offer Deals
Buyers looking to live closer to downtown Hartford are going to keep finding deals this spring, a new report from Zillow says.
Hartford New Listings Approached Pre-COVID Levels in June
Nearly 1,000 new single-family listings hit the market in June in Greater Hartford, on par with pre-pandemic patterns, and slightly exceeded May’s tally, but the region is still seeing a very tight market, according to new data from the Greater Hartford Association of Realtors.
Hartford Home Construction Among Slowest in Nation
Greater Hartford grew its housing stock at one of the slowest rates anywhere in the country over the last 10 years, according to new Census Bureau data analyzed by apartment rentals site ApartmentList.com.
Greater Hartford Sees More Listings
As the COVID-19 pandemic entered its dying days in Connecticut, Greater Hartford saw an increase in both new single-family listings and overall inventory in April according to the Greater Hartford Association of Realtors.
First American: Hartford Saw Affordability Increase in February
Even as mortgage interest rates began to climb back from historic lows in February and the state’s single-family home prices jumped 22 percent, Greater Hartford area homebuyers saw their ability to buy homes improve.
Greater Hartford Housing Market Stayed Tight in January
Even as the state began to ramp up its COVID-19 vaccines last month and an the coming end of the pandemic became a little more believable, many Hartford-area homeowners still were reluctant to list.
Housing Affordability Slips in Hartford
The super-sellers market in Greater Hartford is putting homes out of reach for an increasing number of potential buyers, a new study has found.
3 in 10 Hartford Homes Sold Above List Price in September
Nearly than 1 in 3 Greater Hartford homes sold above asking price in September, according to new research from real estate listings and data company Zillow detailing just how fierce competition for new homes has been this summer and fall.
Raytheon Doubles Job Cuts to 15K, Citing Airline Downturn
Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year, including at its corporate offices and jet engine-maker Pratt & Whitney in East Hartford.
Zillow Sees Higher-End Homes Come Onto Greater Hartford Market
Owners of higher-end homes are looking to sell are returning to the market in the Hartford area while owners of lower-end homes are holding back, according to new data released by Zillow.
