Uncategorized Multi-Generational Homebuying Hit a Record High – Here’s Why Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below): And what’s behind the increase? Affordability. NAR explains: “In 2024, a notable 36% of homebuyers cited “cost savings” as the primary reason for […]
Uncategorized Why Homeownership Is Going To Be Worth It Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own. Because when everything else feels up in the air, home can be the thing […]
Uncategorized More Homes for Sale Isn’t a Warning Sign – It’s Your Buying Opportunity Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash. But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of […]
Uncategorized Thinking about an Adjustable-Rate Mortgage? Read This First. If you’ve been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity? Adjustable-rate mortgages (ARMs). If you remember the crash […]
Uncategorized Real Estate Is Voted the Best Long-Term Investment 12 Years in a Row Some Highlights In a recent poll from Gallup, real estate has once again been voted the best long-term investment. And it’s claimed that top spot for 12 straight years now. That’s because homeownership is one of the top ways to build your wealth, even with home price growth moderating and ongoing economic uncertainty. If you’ve been trying to decide if […]
Buying Homes What Buyers Need To Know About Homeowners Association Fees When buying a home, you’re probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these, you should know it’s a possibility, depending on where you decide to live. A homeowners association is basically […]
Selling Homes More Homes for Sale Isn’t a Warning Sign – It’s Your Buying Opportunity Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash. But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of […]
Buying Homes Homebuyer Concessions and Incentives: How to Save on Closing Costs, Rates & More In many markets today, inventory is rising. Because of this, builders and sellers are offering more to attract buyers. These offers are called concessions or incentives—and they can save you money. 💡 Concessions vs. Incentives: What’s the Difference? Although the terms are often used interchangeably, they have different meanings. A concession is something a seller […]
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Selling Homes Discover Real Estate Opportunities in Milford, Orange, and Stratford Hey there, neighbors and future home sellers or buyers in New Haven County, CT! I’m Wendy Barry, and today I’m excited to chat about the real estate scene in our beautiful area. Your Insider’s Guide to the Current Market Let’s jump into what’s happening locally in the real estate market. With mortgage rates hanging around […]
Uncategorized Culture and Fun for All at The MAC in Milford, CT https://imprv.co/rnei5 FRIDAY, 9/14/3 Wendy’s Weekly – Real Estate and More! Culture and Fun for All in Milford, CT I’ve been a member of the Milford Art’s Council for the past 3 or 4 years and love telling people all about it! It’s such a rich addition to the region and it feels like a hidden […]
Uncategorized Outdoor Dining in Milford, CT and an Update on the Current Milford, CT and Orange, CT Real Estate Market
Selling Homes What would it actually take to prepare your home for sale FRIDAY 5/26/23 Wendy’s Weekly – Real Estate and More! Getting Your Home Ready to Sell Ever wonder what it would take to get your home prepared to sell? In today’s Seller’s Market, you’ll likely have to do much less than you think to get your home ready to sell. Realistically, homeowners should consider taking the […]
Uncategorized Quick Weekend Trip to New York City from Connecticut Quick NYC Getaway This past weekend my husband and I took a quick weekend trip to NYC to see a concert at City Winery in Chelsea and get in a little R&R. We took the train in right from Milford and walked from Grand Central Station to the Chelsea Marriott on 30th between 6th and […]
Uncategorized Brunch by the Water, Know What Your Home Could Be Worth in this Market and More! Brunch by the WaterThis Sunday I met some good friends at the Water’s Edge Resort and Spa in Westbrook. I’ve been hearing about it for years and I wasn’t disappointed! The restaurant was beautiful with floor to ceiling water views and our waiter made our morning! He was funny and so accommodating!The breakfast choices were […]
Uncategorized November 2022 Milford, CT, Real Estate Market Trends Report To put it plainly, the real estate market in Milford, CT is HOT! If you are a homeowner in Milford, who has been considering selling, you are in luck! You’ll see from my trend report that the average list price for homes remains the same as the previous month and the median list price for […]
Uncategorized The 20% Down Payment Myth I speak to so many renters who believe that they can never achieve the dream of homeownership because the prospect of saving 20% of the total mortgage just seems out of reach. The good news is that the 20% rule is largely a myth. Unless a particular loan type requires it, there is rarely a […]