The State of the Real Estate Market in Connecticut
Connecticut's real estate market has been hot in recent years, and that trend shows no signs of slowing down. According to recent data, home prices have continued to rise, while inventory remains tight. In fact, some areas of the state are experiencing bidding wars and homes selling above asking price. One factor driving the market is the influx of people from larger metropolitan areas like New York City, who are looking for more space and a quieter lifestyle. Additionally, relatively low interest rates have made it a great time to buy a home in Connecticut. For sellers, now is an excellent time to list your home. With high demand and low inventory, your home is likely to sell quickly and for a great price. For buyers, it's important to work with an experienced real estate agent who can help you navigate the competitive market and find the right home for you. . Brenda Milhomme, Realtor® Milhomme Realty Group, LLC 157 Tunnel Road, Vernon, CT 06066 (860) 234-9260 call, text or ...