Monthly Archives: October 2015

September Shows Continued Rise in Home Sales in state and region

 Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 18.8 percent comparing September 2015 to September 2014. The median sales price of $250,000 represents a less than 1% increase from $249,900 in that same time period. Median indicates … Continue reading

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Home Affordability Shows Some Improvement

Good news for buyers: It’s getting easier to afford to buy a home. The median price of a single-family home inched lower in August, the latest data available, while median family income edged slightly higher, according to the National Association … Continue reading

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Weak Job Report Prompts Dropping Rates

Amid a newly released weaker than expected jobs report, mortgage rates were back on a downward spiral this week. For the 11th consecutive week, the average on 30-year mortgage rates has stayed below 4 percent. Also, the 15-year fixed-rate mortgage … Continue reading

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Eastern Connecticut real estate sales up, prices flat

The number of single family sales in New London and Windham Counties increased 15% during the third quarter of 2015 compared to the third quarter of 2014. Prices were flat, however, with the average price declining 0.5% and the median … Continue reading

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