By KENNETH R. GOSSELIN, kgosselin@courant.comThe Hartford Courant12:25 p.m. EDT, April 26, 2013 Bidding wars are back. As the spring home buying season heats up in Connecticut, buyers are increasingly finding themselves locked in multiple bidding wars, a phenomenon not seen widely since before the housing recession, realtors and economists say. A year of strengthening sales in the …
Tag Archive: Housing Market
Oct 03
Home Sales Gain Momentum In Greater Hartford In August
by KENNETH R. GOSSELIN Home sales in Greater Hartford rose for the seventh straight month in August, and sale prices perked up as well — suggesting that the area’s housing market may be stabilizing. A new report today showed that the median sale price of single-family houses rose 2.35 percent in August to $235,000, from $229,200 …
Sep 26
Housing recovery blossoms
BY LES CHRISTIE, CNN The U.S. housing industry — crucial to any recovery in employment and other aspects of the economy — showed more signs of recovery in August, according to two reports issued Wednesday.The Census Bureau said housing starts and permits rose substantially in August compared with a year earlier. Separately, sales of previously …
Sep 19
Shrinking inventory bolstering many housing markets
Realtor.com: 8 of top 10 markets with biggest declines are in California BY PAUL HAGEY, TUESDAY, SEPTEMBER 18, 2012.Inman News® Six forks one tomato image via Shutterstock. Editor’s note: This report is based on Realtor.com’s August 2012 Real Estate Trend Data Report. The report covers 146 U.S. metros, and includes single-family homes, condos, townhomes and co-ops. The …
Sep 02
Permits Up Strongly as Housing’s Recovery Takes Hold
Starts were down in July due to sagging single-family activity. By Claire Easley “The market for new construction is back on track.” That’s the analysis from Patrick Newport, U.S. economist at IHS Global Insight, in response to the latest report on new-housing starts and permits from the U.S. Department of Commerce, released today. Permits were …
Aug 17
8 Signs Housing Is on the Mend
DAILY REAL ESTATE NEWS | MONDAY, AUGUST 06, 2012 Some Americans are still jittery over the housing market, but here are eight positive signs that should quell some of their fears. Housing prices are on the rise across the country. Foreclosures have slowed. Analysts suggest that as the supply of distressed homes slows, buyers will be …
Jul 23
6 Paths to Success for Buyers in Tight Markets
Dated décor, canceled listings can work in your favor BY DIAN HYMER, MONDAY, JULY 9, 2012. In low-inventory markets, some buyers are having a hard time finding a home to buy. There are steps you can take to improve your odds of finding a home at a time when interest rates are at record lows …
Jun 26
Will 2012 Spell The End of The Slide?
by Rob O’Meara’s Real Estate Insider on Monday, June 25, 2012 at 2:02pm · Economists and Experts Projecting Housing Market Continued Recovery Supply down, demand and prices up Year over year, home sales are up — due to a combination of increased investor activity and low mortgage rates — while the available inventory of houses for sale has …
Jun 07
Median Sale Prices Rise In Nearly One-Third of Connecticut Towns And Cities
by KENNETH R. GOSSELIN on MAY 9, 2012 Today’s housing report from The Warren Group broadly portrays declining median sale prices statewide for single-family houses. A worthy measure, if you’re looking for a quick, overall snapshot for the state. But real estate, especially residential real estate, is local, so local that sales and median prices can vary widely …
Jun 07
Connecticut Home Sales In April Rise For Fourth Consecutive Month
by KENNETH R. GOSSELIN on MAY 31, 2012 In another plus for the state’s housing market, sales of single-family houses rose in April for the fourth consecutive month, according to a new report Thursday, raising hopes that the spring home buying season will have some staying power. Statewide sales surged 25 percent in April to 1,946, from 1,550 …
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