Monday, March 18, 2019

What the Numbers & Trends Tell Us About Our Connecticut Market

For the second edition of our “Around Town” real estate podcast, we’ll explore the present landscape of our market and discuss what the future might have in store.
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Welcome back for the second edition of our “Around Town” real estate podcast. If you missed it, be sure to check out our series premiere, which featured our friend David Garofalo from Guaranteed Rate Affinity, here.

Join me today as I take a closer look at the market and parse through the numbers to determine where we’re headed and where opportunities lie for homebuyers and sellers this year.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

0:50—Average sale price year over year and its relationship with supply and demand
2:20—How the market for lower-priced homes is affecting price points above it
4:15—The high occurrence of people buying modestly in-state or flying south
6:26—The influx of out-of-state buyers who are fleeing the tax burden
7:32—My forecast for where the market is headed in 2019 and beyond
8:51—Final remarks

As always, if you have questions related to our market outlook or real estate in general, feel free to give me a call or send me an email. I look forward to working with you soon!