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Lower Mortgage Rates Barely Budge Hartford Sellers

Lower Mortgage Rates Barely Budge Hartford Sellers

by James Sanna | Oct 16, 2024 | CR Daily, Industry News, Residential Real Estate

Prospective homebuyers in the Hartford metro area faced no better selection of homes on the market this fall than they did a year ago, according to a new analysis by Zillow economists.

New Haven, Hartford Win If Mortgage Rates Fall, Economist Says

New Haven, Hartford Win If Mortgage Rates Fall, Economist Says

by James Sanna | Dec 14, 2023 | CR Daily, Industry News, Residential Real Estate

Better affordability statistics in both metro areas mean they’ll likely see more pent-up demand released next year as mortgage rates fall in line with growing certainty about the U.S. economy.

Hartford ‘Holding Up Best’ Among Nation’s Housing Markets: Redfin

Hartford ‘Holding Up Best’ Among Nation’s Housing Markets: Redfin

by James Sanna | Mar 27, 2023 | CR Daily, Industry News, Residential Real Estate

Economists at combined listings portal and brokerage Redfin say Hartford’s housing market appears to be “holding up best” among the nation’s top 100 metro areas last month.

Mortgage Rates Grew Hartford Housing Payments 49 Percent

Mortgage Rates Grew Hartford Housing Payments 49 Percent

by The Commercial Record | Mar 22, 2023 | CR Daily, Industry News, Residential Real Estate

Mortgage rates – both their high levels and their wild swings – are making life difficult for both buyers and sellers, economists from Zillow say, as high rates keep sellers from listing and push lower-income buyers out of the market.

Majority of Hartford Homes Still Sell Above List Price

Majority of Hartford Homes Still Sell Above List Price

by James Sanna | Jan 20, 2023 | CR Daily, Industry News, Residential Real Estate

Most Hartford-area homes sold above list price in November according to a new report from listings portal Zillow.

Hartford Is Nation’s Only Market with Inventory Decline

Hartford Is Nation’s Only Market with Inventory Decline

by James Sanna | Jan 13, 2023 | CR Daily, Industry News, Residential Real Estate

Unlike every other major housing market in America, only Greater Hartford saw a year-over-year drop in homes for sale last month. It suggests homes aren’t piling up unsold.

Where’s the Housing Market Headed? Predictions Run the Gamut

Where’s the Housing Market Headed? Predictions Run the Gamut

by James Sanna | Dec 12, 2022 | CR Daily, Industry News, Residential Real Estate

Prominent economists across the real estate world are turning out their predictions for the new year, and some have New England markets in their lists of top performers for 2023. But uncertainty over the economy’s direction has created an unusually broad spread among this season’s forecasts.

Hartford, Fairfield County See Uptick in New-Home Sales

Hartford, Fairfield County See Uptick in New-Home Sales

by The Commercial Record | Nov 10, 2022 | CR Daily, Industry News, Residential Real Estate

Two of Connecticut’s major housing markets saw an uptick in new construction’s share of units sold in the third quarter, according to new data released by Redfin.

CT’s Major Housing Markets Among Nation’s Best-Performing

CT’s Major Housing Markets Among Nation’s Best-Performing

by James Sanna | Sep 28, 2022 | CR Daily, Industry News, Residential Real Estate

If you are looking to sell a home in the New Haven area, congratulations: You’re in the nation’s fourth-best-performing housing market right now.

Hartford Stays Competitive Even as Listings Dry Up

Hartford Stays Competitive Even as Listings Dry Up

by James Sanna | Sep 19, 2022 | CR Daily, Industry News, Residential Real Estate

New data from brokerage and online listings portal Redfin suggests Hartford’s housing market is staying competitive, even as for-sale listings are shrinking.

Analysis Says Hartford Area Well-Insulated from Potential Housing Crash

Analysis Says Hartford Area Well-Insulated from Potential Housing Crash

by The Commercial Record | Jul 26, 2022 | CR Daily, Industry News, Residential Real Estate

With demand from people relocating to more sun-drenched markets thanks to an ability to work remotely already fading, many Sun Belt metros face a growing risk of seeing a downturn in their housing markets, according to a new analysis.

Zillow: Greater Hartford Listings Still Plummeting

Zillow: Greater Hartford Listings Still Plummeting

by The Commercial Record | Aug 10, 2020 | CR Daily, Industry News, Residential Real Estate

New listings increased slightly in the Hartford Area, but total inventory of for-sale homes and condominiums is still far below what it was last year, Zillow reports.

Survey Suggests Buyers’ Fear of COVID-19 Shrinking

Survey Suggests Buyers’ Fear of COVID-19 Shrinking

by The Commercial Record | Jun 3, 2020 | CR Daily, Industry News, Residential Real Estate

A new survey from the National Association of Realtors weighted towards buyers and sellers in metro areas heavily hit by the coronavirus has found indications many would be ready to visit an open house today, despite the pandemic.

Study Finds Hartford Housing Market Likely Stable in a Recession

Study Finds Hartford Housing Market Likely Stable in a Recession

by The Commercial Record | Sep 9, 2019 | CR Daily, Industry News, Residential Real Estate

A new study from Redfin has found Hartford’s housing market is not at risk of declining prices or other negative impacts in the event of an economic slowdown.

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