Existing home sales continue to fall in June
Elevated home values continued to price out many would-be buyers in June, according to the latest existing home sales report from the National Association of Realtors. However, the month's data also showed some encouraging signs, including the first...
Pending sales improve, but continue to lag on annual basis
Pending sales in the United States saw some growth in June, according to the National Association of Realtors. However, it was also the sixth consecutive month of year-over-year declines in this figure.
Prospective homebuyer segment shrinks, but millennials remain active
The share of people expecting to buy a home in the next year fell for the second consecutive quarter, according to the National Association of Home Buyers. However, millennials were still active in the market as many sought to purchase their first...
More buyers and sellers opting out of agents, J.D. Power finds
Home buyers and sellers have been increasingly likely to bypass real estate agents in their transactions in recent years, according to an analysis by J.D. Power.
How low is too low when making an offer on a home?
Buyers can often be successful in dropping the price considerably below the what the seller originally asked for. How low you can go depends on a number of factors, including market conditions and how motivated the seller might be to move out.
Protecting your home from theft during renovations
Renovations can make your home more vulnerable to theft, but a number of steps can help reduce the possibility of someone burglarizing your property.
Property transactions, Aug. 3-9
The following property transactions were collected in New London County between August 3 and 9, 2018.
Survey: Buyers prefer good school districts to garages, updated kitchens
Nearly three out of four buyers who purchased a home recently said they considered the quality of their local school system to be important, according to a recent survey by Realtor.com. Most buyers also said they had to compromise on home features...
Realtor membership increases as inventory presents sales challenge
The National Association of Realtors reported a strong boost in membership recently, with nearly three in 10 people entering the real estate business in the past two years. At the same time, Realtors reported a shrinking number of sales and...
A couple of trees are all you need for a backyard apple crop
You don't need too many trees to enjoy fresh apples grown on your own property. Even just having a couple of trees in the backyard can be enough to yield a plentiful supply of fruit each year.
Air conditioning typically accounts for 12 percent of a home's energy costs
A recent analysis by the United States Energy Information Administration suggests that air conditioning accounts for 12 percent of the average household's energy expenditures and 17 percent of electricity costs. However, costs varied considerably by...
Before you look, get pre-approved for a home loan
The real issue with real estate financing is not getting a loan (virtually anyone willing to pay lofty interest rates can find a mortgage). Instead, the idea is to get the loan that's right for you – the mortgage with the lowest cost and best...
U.S. travel climbs again in May
Following a month of year-over-year travel decreases, driven by declines in much of the East Coast and Midwest, drivers were again putting more miles on their odometers in May.
"White boxing" leaves a home to the buyer's imagination
While terms such as "move in ready" and "turnkey" have long been popular selling points, a new trend opts to have all but the barest necessities stripped from a residence.
Survey finds many home buyers expect to encounter remorse within a year
Buyers may experience reticence about their purchase for a variety of reasons, from dissatisfaction with the neighborhood to unexpected problems with the property. But a recent survey by ValueInsured found that many people expect current buyers to...
Homesource
Previous Issues
Southeastern Connecticut's guide to homes and home ownership. Buying, selling, landscaping, renovating, organizing, and more! Published: Every Friday
