Buying a Home in Fairfield County CT is 40 Percent Cheaper Than Renting.

That's according to Chief Economist Jed Kolko at Trulia, where they conducted in-depth research on the matter and compared cost of renting vs. cost of owning in 100 major metro areas.

Trulia based their analysis on asking prices and rents during the summer of 2012, and have found that buying is now 45% cheaper than renting in the 100 largest U.S. metros, on average –  which would equate to a savings of over $770 per month. In Fairfield County, the difference averages $1,172 per month in saviings when you buy instead of rent.

We service  most of Fairfield County and would be happy to help you save money by buying a home, and forgetting about those landlords once and for all.

When you buy a home, you can literally save hundreds of dollars a month as opposed to  renting. If you can manage to take advantage of today's low mortgage rates, live in the house for at least seven years, and remember to  itemize your tax deductions. Read the full article from Trulia here.

Buying or Selling a Home in Fairfield County?  Contact us!

Check out our new  FeaturedHomeofTheWeek

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

In Memory of the Fallen- Observing Patriot Day

With respect and  memory of the 2,977 killed in the September 11, 2001 terrorist attacks.

This Week's Edition of National Real Estate News 9/10/2012 (Video)

This week's national real estate news update - The National Pending Home Sales Index is up, with some cities showing double digit gains, and the National Association of Realtors projects gains for the rest of the year. Click here for more- about moving, home buying strategies and interest rates.

Click here for this months newsletter and our video news channel.

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Is a Property Tax Revaluation Coming to Your Connecticut Town?

Each of Connecticut's 169 towns and cities are mandated to perform a revaluation of your home every five years. That's when the town re-assesses your home's value.

The reason and purpose for a reassessment is to ensure that all properties are assessed fairly at a "uniform" level of assessment. The assessor reviews recent property sales and other indicators, and then reviews the assessments in order to determine whether individual revaluations should be increased, decreased or remain where they are.

Remember, the town's tax assessor, or outside assessors representative may not always ask to gain access to your home, and you will get notification of your re-assessment, as well as the opportunity to challenge it if you think it is too high.

As a note: A "reval" (ree-val) does not necessarily mean that your taxes are going to go up significantly. Sometimes, the reval causes your property taxes to go down.

Scheduled revals in 2012 are Ansonia, Newtown, Norwalk,  Redding, and Wilton

...and in 2013 are Darien and Weston.

Do you love your town? So do we. Please  click on the "F" facebook logo next to your favorite town(s) and give them a "Like".

... in Fairfield County

   Darien ......................2013
   Easton ......................2016
   Fairfield........2015
   Greenwich ..........2015
  Monroe..............2014

  New Canaan...........2015

Newtown ..........2012
  Norwalk ...........2012     

  Redding...............2012

Shelton.........2016

  Southport ........2015
  Stratford.........2016
  Trumbull........  2016
  Weston.........2013
  Westport.........2015

and New Haven County

  Ansonia.............2012
  Derby.........2016
  Milford........2016 

  Oxford..............2015

  Seymour...........2016

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Connecticut Financing Update and Today's Mortgage Rates 9/8/12

The rates are still looking good even though they have been on the rise in the past two weeks and it looks like a perfect time to purchase a home and/or refinance your existing mortgages.  Treasuries and mortgages rally this morning after the jobs numbers disappoint creating demand for safer assets.   Total non farm payrolls increased by 96,000, considerably lower than the 130,000 economists had expected. The Labor Department also revised down job growth for the past two months by 41,000. In July, it revised job growth down to 141,000.  The unemployment rate declined to 8.1% in August from 8.3% in the previous month, but the drop was due to a smaller labor force. The lackluster jobs report could force the Fed to react in their next meeting and implement QE3.  The Fed meets next Wednesday and releases their statement on Thursday.  Currently the 10yr yield is at 1.616% and mortgages are roughly 0.375 better in price from yesterday morning. 
 
Conventional 30 year fixed          3.625%                  APR 3.671%
Conventional 15 year fixed          3.00%                    APR 3.081%
Conventional 5/1 ARM                  2.5%                      APR 3.036%
Conventional 7/1 ARM                  2.75%                    APR 3.065%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 740 and a 20% down payment.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

 

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

 NMLS #110681

send Nima an email

Mobile: 203-913-6016
Fax: 877-804-5752

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The Featured Home of the Week is at 125 Norton Road in Easton  for $1.4M. See the virtual tour HERE

Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY