Rob has been the top producing agent at Halstead in Greenwich for the last 2 years, as well as the top producing agent in all of Connecticut for Halstead in 2018. His experience in local construction and investment projects have been invaluable to his clients and helped them to achieve their real estate goals. New […]
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Several major elements defined the housing market during this now past 2010-decade: The housing recovery from the greatest economic downturn in out country’s history. The rise of the investor class in real estate. The rise of renter-ship. The continued housing shortage. Low mortgage interest rates. New Free Webinar Shows You The 12 Secrets Of Real […]
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Doug Duncan, senior vice president and chief economist with Fannie Mae, believes that housing will be “the engine of growth” for 2020. Duncan said, “Housing appears to be poised to take a leading role in real GDP growth over the forecast horizon for the first time in years. We now expect single-family housing starts and […]
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Home prices increased +5.2% y/y to a median price of $311,600 in November 2019, according to Redfin. This is the largest price increase since July 2018. Additionally, the number of new home sales in November rose to an annualized rate of 719,000, an increase of +1.3% from the month before and an increase of +16.9% […]
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Rule 1 Rich is where your money works for you and you no longer have to work for your money. PASSIVE income sources: Rentals, Revenue Share, Securities etc. Rule 2 NO ONE…not even your MOMMA wants you to be rich. Society wants you to be dependent on government, schools, social security, a government job…the system […]
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The National Association of REALTORS® (NAR) held its first ever Real Estate Forecast Summit recently. NAR surveyed a group of the country’s top economists in order to get their predictions for the economy’s health in 2020. Among the group of top economists attending this Summit, only 29% indicated a probability of recession in 2020. Take […]
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Forget about having some slough-off down time in January and early February to “prepare” for the spring buying season. Realtor.com tells us that January in many of the nation’s larger housing markets is the start of prime buying season. George Ratiu, senior economist with realtor.com, said, “As shoppers modify their strategies for navigating a housing […]
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Data and real estate media have been telling us over and over again that Millennials have been living with their families longer, postponing marriage longer and postponing having children longer than previous “young adults” have ever done. Currently, according to CNBC’s and Mad Money host Jim Cramer, the Millennial “…delay is over and spending is […]
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According to the Institute for Luxury Home Marketing, the luxury segment of the housing market is about “creating experiences that afford the feeling of luxury well-being.” Not only is this market segment “solid,” prices stabilized in November 2019 and the selling price to listing price ratio remained consistent. Looking toward 2020, the Institute for Luxury […]
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Fleq, an investor-backed startup, is “claiming” to get buyers into homes they want to buy without a mortgage or an all-cash deal. How? Fleq buys the home the buyer wants and then Fleq rents the home back to the buyer until which time the buyer has paid for 100% of the house. Then Fleq hands […]
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Tim and Julie Harris 