ARCHIVED BLOG POSTS
2009
Have you been waiting for the right time to purchase a home? The planets may finally be aligned in your favor. Three factors have come together, to create an attractive buying opportunity. More negotiable home prices Historically low mortgage rates First time buyer tax credit More Negotiable Ho...
01/30/2009
6
Comments
The Westport real estate market ended 2008 on a stagnant note, posting weak unit and dollar sales . As we begin 2009, there are currently 252 single family homes actively listed (not including 7 with agreed to offers.) This equates to eleven months of inventory, based on 2008 sales data. Mos...
01/05/2009
2
Comments
The turmoil in the housing market took a bit longer to hit Westport, CT, but by the end of the year, the market downturn had firmly taken hold. Annual home sales were off by a third, compared with 2007, for both units and dollar volume, with average selling price, essentially flat. As the year ...
01/03/2009