How Is the Real Estate Market Heading into the Fall

Homes are still hard to sell above the $400,000 price range in our market, but inventory is still moving below that.

 
What’s the latest news on our fall market?
It’s the same—it’s equally as challenging for sellers above the $400,000 price range in northern Fairfield County.


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If you took a 12-month running average, prices and inventory are still relatively flat.



 
Below that, however, inventory is still moving. There are dips and rises month over month. Prices go up, prices go down. Inventory movement goes up, inventory movement goes down. Overall though, if you looked at a 12-month running average, it’s still relatively flat.

That’s all from our fall market. Soon, we’ll discuss what you can expect from our market in 2018. I think you’ll be pleasantly surprised. In the meantime, if you have any questions about our current market or you’re thinking about buying or selling a home, give me a call or shoot me an email. I’d love to help you.

Be Wary of A.I. in Real Estate

Artificial intelligence has become something of a problem in the real estate industry.
Here’s what I mean.

 
Today I’d like to talk about how artificial intelligence has become a hindrance in real estate. I’m not talking about robots picking you up in a car and taking you to see homes, although that might not be too far off in the future.

I’m talking about online interaction with so-called “real people.” Most of the time, you’re actually engaging with A.I. instead of a real human being. This could lead to problems, as this type of thing is becoming more and more prevalent.


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A chatbot won’t have reliable information.



 

Be careful of who and what you are talking to so you can make sure you’re getting accurate information. A chatbot isn’t going to be able to give you that.

If you have any questions for me, don’t hesitate to give me a call or send me an email. I look forward to hearing from you.