I am coming to you from our brand-new office space to talk about a report from one of the preeminent data resources for everything real estate-related across the country. This brand-new report by CoreLogic says that nationally, the June market is up year over year by 6%.
In Connecticut, however, it is only up 0.1%. We are the lowest-appreciating state in the entire nation.
What does this say? It’s a broken record for me. We are flat and I believe we are going to continue to be flat.
This idea carries through to all price points. If you’re not showing value the moment potential buyers walk through your door, they’re walking out and waiting for another home.
Buyers are patient right now. It is rare that somebody has to move in, find a home, and move immediately, so be smart. Price your home correctly and market it aggressively.