Bob Travers Knows Fairfield County Real Estate – Norwalk, Westport, Wilton, 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 in Fairfield County.
For information on real estate activity in your neighborhood, click on Market Updates. Here you will find a report detailing homes currently for sale, under contract, and recently sold in the Greater Norwalk area. This exclusive report provides the most complete, up-to-date information available on the Internet today.
Also you will find current market statistics for Norwalk, Westport, Wilton, and Weston. These reports are updated frequently and can also be sent directly to your email address. Simply fill out the form.
U.S. home resales hit an eight month high in June, suggesting the housing market is gradually regaining momentum.
The third straight month of home sales gains added to employment and retail sales data that have indicated economic growth ended the second quarter on a firmer note.
Housing had been stymied by higher rates, a shortage of properties for sale and slow wage growth. With the labor market tightening, mortgage rates easing and the pace of house price increases moderating as supply improves, the foundation is being laid for further gains in home sales.
Housing starts unexpectedly declined in June to a nine-month low, led by a record plunge in the South that shows the construction industry must still overcome hurdles before it can contribute more strongly to U.S. economic growth.
The 30 year fixed rate averaged 4.13 percent with an average 0.6 point for the week ending July 17, 2014, down from last week when it averaged 4.15 percent. A year ago at this time, the 30-year FRM averaged 4.37 percent.
The continued performance of local markets will depend on the economy improving It certainly looks like our recovery here in Fairfield County is underway.