Bob Travers Knows Fairfield County Real Estate – Norwalk, Wilton, Westport, Weston, Rowayton
Buying or selling a home in Norwalk, Wilton, Westport, Weston or anywhere in the Fairfield County area?
As a top-producing Connecticut real estate Broker since 1987, I have provided award-winning service to hundreds of satisfied home buyers and sellers throughout Fairfield County.
If you want information on specific neighborhoods in Norwalk and Wilton, click on Market Updates. Here you will find a report detailing homes currently for sale, under contract, and recently sold in these communities. This exclusive report provides the most complete, up-to-date information available on the Internet today.
Also you will find current monthly market statistics for Norwalk, Wilton, Westport and Weston. These reports are updated frequently and can also be sent directly to your email address. Simply fill out the form.
Home prices are beginning to grow at a faster pace which could produce sticker shock and slow the market until inventory levels start to build.
Low pre-spring inventory suggests a tightening trend and with a shortage of inventory typically comes increased home prices. Higher prices, coupled with weak supply, caused a large drop in January home sales in 2014
Inventory will begin to pick up when we get a break in the weather. Many would be sellers are holding off on listing until the snow is gone and the temperatures rise.
The 30 year fixed rate increased to its highest levels, the average rate for a conforming loan increasing to 3.84 percent. Application volume is still high, largely due to a change to lower premiums by the FHA which went into effect on January 26th.
The continued performance of local markets will depend on the economy improving It certainly looks like our recovery here in Fairfield County is underway.