Connecticut Real Estate Market Weekly Insights (1-27-25)

Welcome back to the Triniyah Podcast and another edition
of Connecticut Real Estate Market Weekly Insights! This
week, we break down the most important data and updates from the
real estate market, including:


Connecticut Housing Market Stats: Discover how
single-family home values have risen 8.6% year-over-year and why
the slight 1.5% increase in homes for sale benefits buyers. Learn
about other key metrics like pending home sales, closed sales,
median days on the market, and inventory supply. We’ll also
explain critical indicators, such as the average
“Shows-to-Contract” number and its importance for sellers.


Interest Rate Update: Get the latest figures on
30-year fixed-rate mortgages, 15-year fixed-rate mortgages, FHA
loans, and VA loans, along with what these rates mean for buyers
in today’s market.


Local Real Estate News: Highlights include a $17
million renovation plan for a Waterbury apartment complex with
tax abatement incentives and state-funded projects that will
bring 658 new housing units across Connecticut, emphasizing
affordable housing for low- and moderate-income renters.


National Real Estate Trends: From rising home
insurance premiums due to climate-related disasters to increasing
inventory and steady home values, we explore how these
developments impact the broader U.S. housing market.


Join us as we uncover how these updates affect homeowners,
buyers, and sellers across Connecticut and beyond! Don't miss the
chance to stay informed about the real estate trends shaping the
market.


If you’re interested in buying, selling, or renting real estate
anywhere within the State of Connecticut, please visit our
website to see how we can assist you!