Blog
The $8,000 tax credit for first time home buyers was initiated last winter as a boost for sluggish home sales. It was meant to stimulate and create something like shock therapy during a crisis. Now there is a debate in Congress and throughout the industry whether the credit, which is due to expire this December 1st, ought to be extended through the summer months. Read more
An inspection is an important step in purchasing a home. Once a buyer’s offer has been accepted, there is usually a provision in the sales contract for an inspection. An inspection will provide essential information about the home, and highlight any structural or mechanical deficincies that should be addressed before the home is purchased. Read more
The second quarter market showed home sale gains for all five towns! Every town showed double digit increases in the number of properties sold.
Connecticut Real Estate Market Statistics
Second Quarter April 1 - June 30, 2009
| Town | Active Listings | Avg. List Price | Sold Listings | Avg. Market Time | Avg.List Price | Avg. Sale Price | SP:LP Ratio |
|---|---|---|---|---|---|---|---|
| Easton | 93 | 1,001,126 | 16 | 139 | 594,312 | 566,420 | 95 |
| Fairfield | 495 | 1,135,077 | 152 | 102 | 821,061 | 759,698 | 92 |
| Weston | 174 | 1,393,284 | 24 | 113 | 894,345 | 830,604 | 92 |
| Westport | 365 | 2,238,055 | 73 | 111 | 1,507,074 | 1,91,576 | 92 |
| Wilton | 160 | 1,367,948 | 47 | 117 | 884,651 | 828,592 | 93 |
It is careful planning and knowing how to spruce up your home that will make it have an edge against the competition and turn it into an irresistible home.
Here are a few helpful tips: Read more
