Signs Of A Recovering Real Estate Market

With temperatures chilly real estate sales grew hot in the first quarter of 2013. The number of buyers has out paced the inventory of homes available (currently 222 offered down approx. 12% from last year) and many sales went to multiple bids.  We are starting to see some modest price increases and sales where the average sale price… Read More

What New Canaan Buyers Purchased Last Year

Buyers headed towards the closing table with a little more gusto this past year in terms of number of homes sold.  This is a value driven real estate market so the number of homes sold is up by 4.2%, but average sales prices were down by approximately 13%. The strongest segment continues to be a 4-5… Read More

Follow the Bouncing Mortgage Ball

We all the learned to follow the bouncing ball which normally flowed in a gentle arc as we sang through the song. Following the mortgage tune might have a sharper rise in pitch than we have grown accustomed to. Mortgage rates were up sharply this week, bouncing back from record lows following the release of… Read More

houlihan-lawrence-real-estateHoulihan Lawrence Real Estate | 161 Elm Street, New Canaan, CT 06840

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