YOUR CREDIT SCORES EXPLAINED
Lenders want to give you a mortgage, but they also want to minimize their own risk. The easiest way to retard risk is by using your credit scores to make lending decisions. Credit scores are compiled separately by three consumer ...
2015 Eastern Connecticut Market Statistics available
In New London and Windham Counties single family sales increased 10.17% in 2015 over 2014, but the median sale price (+0.05%) and the average sale price (-0.61%) were flat. Learn more in the Market Statistics page (https://easternctrealtors.com/marketstatistics.html ) that has ...
Home Sales Rise in November
Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 6.3 percent comparing November 2015 to November 2014. The median sales price of $236,000 represents a 3.7% decrease from $245,000 in that same time period. Median indicates that half ...
Single Family Home Sales Rise in October in the State and Eastern Connecticut
Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 5.7 percent comparing October 2015 to October 2014. The median sales price of $239,900 represents a less than 1% decrease from $242,000 in that same time period. Median indicates ...
Applying for a mortgage? Know your numbers
When you buy a home, it's all about the numbers. Your mortgage rate is based on your credit scores, debt-to-income, and how much of a down payment you can afford. Learn more about these three factors at realtytimes.com.
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 ...
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 ...
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 ...
Eastern Connecticut Association of REALTORS® launches #Ownsweetown: a cross-channel social media campaign.
Whether you’re a first-time homebuyer, have your heart set on locating that dream home, or are considering a commercial property investment, now is the time to #ownsweetown. With great values on the market and rates running near historic lows, the ...
August Shows Continued Rise in Home Sales
Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 7.5 percent comparing August 2015 to August 2014. The median sales price of $257,900 represents a 4.4 percent decrease from $269,900 in that same time period. Median indicates that ...