In the ever-evolving landscape of the real estate market, it's essential to stay updated on the latest trends and data. A recent report from Redfin has shed light on a notable housing market situation that hasn't been observed in almost two years. According to the report, home prices in the 50 most populous U.S. metro areas are not falling; in fact, they are on an upward trend.
Rising Home Prices:
During the four weeks ending April 28, 2024, the median home sale price in all 50 metro areas eithe...If you’re considering selling your home in New London County, CT, you’re not alone. Many homeowners are looking to make a move in 2024 for various reasons. According to recent data, here’s what home sellers want this year:
Family: About 24% of homeowners planning to sell their homes are doing so because of changes in family dynamics. Whether it's accommodating a growing family or adjusting to changes in household composition, finding a home that meets your family's needs is crucial. More Spa...The latest data from the National Association of Realtors (NAR) reveals a 3.4% increase in pending home sales in March compared to February, despite the rise in mortgage rates. The Pending Home Sales Index rose to 78.2 in March, marking its highest reading in a year. While the Northeast, South, and West regions recorded monthly gains in transactions, the Midwest saw a slight decline. On a year-over-year basis, the Northeast and South experienced decreases, while the Midwest and West saw gains.
N...Spring is traditionally known as the best time to sell a home, and this year is no exception. Despite interest rates not dropping significantly, several factors make this season the perfect time to put your home on the market. Here are some compelling reasons why selling your home now could be a smart decision:
1. Increased Buyer Demand: With the arrival of spring, many buyers are eager to find a new home before the summer months. The warmer weather and longer days make it more convenient for po...As real estate agents, one of the most common challenges we face is call reluctance. Whether it's fear of rejection, uncertainty about what to say, or simply the discomfort of cold calling, it's a hurdle we must overcome to succeed in this industry.
Here are some strategies to help you conquer call reluctance and become more confident and effective when making outbound sales calls:
Set Clear Goals: Start by defining your objectives for each calling session. Whether it's setting appointments, n...New London, CT, once known for its rich maritime history, is now making waves in the real estate industry. With a perfect storm of factors aligning, homeowners in New London have a golden opportunity to capitalize on the booming market. In this blog post, we'll explore why New London is experiencing a surge in real estate activity and why it's the ideal time for homeowners to consider listing their properties with Exit New England Realty Advisors.
Lower Interest Rates: One of the driving force...In most of Connecticut's real estate market, homes priced at $900,000 and above represent the pinnacle of luxury living. While some may perceive these properties as out of reach or risky investments, the reality is that higher-end homes in CT offer unique advantages and can be excellent purchases for savvy investors. Here's why:
1. Resilience to Interest Rate Fluctuations: Unlike more affordable segments of the market, luxury homes are often less sensitive to fluctuations in interest rates. Whil...
