Listing Homes For Sale

Good News for CT Home Sellers

Good News for CT Home Sellers:  Experts say 2014 is going to be an equity building year for homeowners.

Good News for Home Sellers.  Experts predict the housing market will continue to improve in 2014, although housing prices might not rise quite as much as they did in 2013.  The National Association of Realtors estimated home prices would finish 2013 up 11.3 percent from 2012 levels.  These are national prices, in our area the numbers are not to these levels.

NAR predicts the median existing home price will rise 5.3 percent to $207,200 in 2014 and the median price for new homes will rise 5.1 percent to $276,700.

Homeowners Continue Building Equity which is the best news for CT Home Sellers.

Despite the Great Recession, real estate continues to be an effective way to build wealth.  If you bought the median-priced home in 2004 with a 30-year mortgage, you’d now have $28,114 in equity on average.  If you bought the median-priced home in 2012, you’d have more than $23,000 in equity.  Owning property is a solid investment, you can borrow against it when you have equity.  Your investment always has value, unlike stocks or similar investment.

Good News for Home Sellers.  Even those who purchased at the market peak in 2006 and were hit by the biggest price declines are close to having positive home equity.

A homeowner who bought in 2006 would have seen his home decline in value and by 2012, he would have owed about $28,200 more than his home was worth on average. But, by the end of 2013, he would be only $4,700 underwater, NAR says.  Keep in mind that we are discussing the National Real Estate Market and Real Estate is a LOCAL market.

The real good news is that most homeowners who bought their homes after 2007 have positive equity.  If the economy continues to regain ground and the interest rates continue to remain lower we will experience recovery and growth.

Good News for Home Sellers

Good News for Home Sellers

About Deborah Laemmerhirt

Let me assist you in finding everything you need to know about buying or selling a home! As the preeminent real estate professional in my community, I am dedicated to providing the finest service available while breaking new ground. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I go the extra mile to help you achieve your goals. That’s why I constantly research the home, market and estate values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative marketing techniques to attract potential buyers. As an Internet-savvy real estate representative in Connecticut, I’ve had the opportunity to help many home buyers find their ideal homes and many sellers obtain top dollar for their homes. Buying or selling a home is one of the largest financial transactions that most people ever undertake, so I will help you through every step of the process. My goal is to make your home selling or buying experience as easy and enjoyable as possible. My services include: Explaining the home selling and buying process thoroughly Diligently selecting homes that meets your criteria Pricing your home correctly and implementing a unique yet proven marketing plan Negotiating on your behalf Tracking the closing process to ensure a smooth transaction I welcome the opportunity to address any questions you might have about buying, selling or current market conditions. Please call or e-mail me any time, and I will be happy to discuss your next steps in the buying or selling process. I specialize in both Residential and Commercial Properties. I also head a Real Estate Group to provide you with expert service and support. Areas of Expertise Making transitions in your life is challenging. You may be moving from out of town, a different state, internationally or just next door! Regardless of the distance I am prepared to respond to your unique needs.If you are a BUYER looking to downsize, up-size, want a new construction, desire a condominium, to invest, even if this is your first home, I will design a unique plan to fulfill your needs in a reasonable time frame, with the best negotiated price and the least amount of inconvenience.For my Home Sellers, I have an innovative marketing plan that will leave nothing to chance. Just call, and I would be happy to share the DIFFERENT and SUCCESSFUL TOOLS I utilize on each of my listings. I have lived in Connecticut for over 35 years. I practice Real Estate in Fairfield County, New Haven County and Litchfield County. This includes, but is not limited to Bethel, Bridgewater, Brookfield, Danbury, Harwinton, Kent, Litchfield, New Fairfield, New Milford, Newtown, Oxford, Ridgefield, Redding, Roxbury, Sherman, Southbury, Warren, Washington, Westport and Wilton.