The snow has melted and the buyers are out in full force.  Last week there were 27 new  listings with prices ranging from $220,000 to $4,750,000.  Listings with signed contracts totaled 16 and there were 14 listings sold (valued $225,000-1,130,000.)  Whether you are a first time  home-buyer, trading up, or thinking of down-sizing –… Read More

The spring market is heating up – last week there were 35 new single family listings posted to the the MLS, 10 listings went under contract and 6 listings sold (valued $270,000-697,000.)  Inventory is increasing so if you are thinking about waiting for the the snow to melt – you might want to reconsider.

Mortgage rates and insight from Jorge Rivera ~ October 15 According to the Wall Street Journal, rising home-buying costs are pushing people into apartments, causing landlords to pass along hefty rent increases this summer. The average monthly rent in the third quarter was $1,073, up 1% from the prior quarter, the largest quarterly gain in… Read More

The market does not seem to be slowing down – we saw 39 new listings in Fairfield in the past week, 22 properties with accepted offers and 9 sold homes ranging from $299,000 to $1,700,000.    

A re-cap of this week’s mortgage minute from our own, in house, mortgage broker, Jorge Rivera