Lower Mortgage Rates Barely Budge Hartford Sellers
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.
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.
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.
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 – 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.
Most Hartford-area homes sold above list price in November according to a new report from listings portal Zillow.
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.
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.
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.
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.
New data from brokerage and online listings portal Redfin suggests Hartford’s housing market is staying competitive, even as for-sale listings are shrinking.
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.
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.
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.
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.