FOR SALE! 29 Byron Dr, Granby, CT @ $264,900!
"Come home to this charming Colonial set in Granby's desired Poet's Corner. You will appreciate a few of the recent upgrades such as a newer roof 2018, new furnace, new easy care vinyl siding 2018. Inside find a generous sized kitchen with ample cabinet space, stainless refrigerator, and eat in area. Additional features included hardwood floors, a wood burning fireplace in the formal living room, built in shelving, and a family room. " Read more photos and info here: https://29byrondr.thebestlisting.com/ #ForSale #Granby #SellingCT #SimardRealtyGroup #joineXpRealty
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SOURCE KCM #Pricing #RentVSBuy #Infographics #SimardRealtyGroup #eXpRealty For Sale! 37 Salmon Brook St, Granby, CT @ $224,950!
"Come see this value priced cape set on an open 1.6 acre level lot. Inside find a generous sized eat in kitchen with center island, pantry, bay window, and ample cabinet space. Hardwood floors throughout. Newer roof, vinyl siding, & energy efficient windows. " View more photos and info here: https://37salmonbrookst.thebestlisting.com/ #ForSale #Granby #SellingCT #SimardRealtyGroup #joineXpRealty Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment assistance programs are causing concern that we’re returning to the bad habits of a decade ago. Let’s alleviate the fears about the current mortgage market. The Mortgage Bankers’ Association releases an index several times a year titled: The Mortgage Credit Availability Index (MCAI). According to their website: “The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is…a summary measure which indicates the availability of mortgage credit at a point in time.” Basically, the index determines how easy it is to get a mortgage. The higher the index, the more available the mortgage credit. Here is a graph of the MCAI dating back to 2004, when the data first became available: As we can see, the index stood at about 400 in 2004. Mortgage credit became more available as the housing market heated up, and then the index passed 850 in 2006. When the real estate market crashed, so did the MCAI (to below 100), as mortgage money became almost impossible to secure.
Thankfully, lending standards have eased since. The index, however, is still below 200, which is half of what it was before things got out of control. Bottom Line It is easier to get a mortgage today than it was immediately after the market crash, but it is still difficult. The difference in 2006? At that time, it was difficult not to get a mortgage. SOURCE KCM #MoveUpBuyer #Seller #SimardRealtyGroup #eXpRealty FOR SALE! 32 Old Stagecoach Rd, Granby, CT @ $159k!
"Opportunity knocks! Improve this home and make it shine. Spacious rooms, hardwood floors, newer metal 50yr roof, and newer furnace. Kitchen with sliding doors opens to the private back deck area. Master bedroom features a full bath. " View more photos and info here: https://32oldstagecoachrd.thebestlisting.com/ #ForSale #Granby #SellingCT #SimardRealtyGroup #eXpRealty Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with a marked boost in buyer interest.” Buyers clearly have the right idea, as mortgage rates have dropped over a full percentage point since the fall of 2018. They’ve hovered in a historically low range since this summer, making the overall cost of homeownership significantly more attractive and affordable. Here’s the breakdown of how ShowingTime reports current buyer traffic patterns across the country: “The West Region, which until August had experienced 18 consecutive months of flagging home buyer traffic, lead the four regions in year-over-year improvement with an 8.9 percent increase in buyer activity. The South followed with a 6.4 percent increase, the largest such improvement in the region since April 2018, with the Northeast Region’s 5.6 percent increase the next largest among the four regions. The Midwest’s more modest 0.8 percent year-over-year growth rounded out the nation’s promising month.” With ShowingTime reporting “nationwide growth for the second consecutive month, a first since December 2017 – January 2018”, it’s one more reason why selling your house this winter is the way to go. List while buyers are on the market, before competition with other sellers pops up in your neighborhood.
Bottom Line If you’re thinking of waiting until spring to sell, think again! Reach out to a local real estate professional to discuss listing your house now while buyer traffic is actively surging throughout the country. SOURCE KCM #HousingMarketUpdates #MoveUpBuyer #FirsTimeHomeBuyer #SimardRealtyGroup #joineXpRealty For Sale! 4 Overlook Dr, Canton CT @ $319k!
"What a great setting for this gorgeous home located on a cul-de-sac in quaint Canton CT. Inside find an updated kitchen with white cabinets, granite counters, tiled backsplash, and center island. Formal dining room with an oversized window overlooking the private backyard. The family room is spacious with a wood burning fireplace and sliding doors to the patio. " View more photos and info of this magnificent home on the link below: https://4overlookdr.thebestlisting.com/ #ForSale #Canton #SellingCT #SimardRealtyGroup #eXpRealty In the third quarter of 2019, the U.S. homeownership rate rose again, signaling another strong indicator of the current housing market. The U.S. Census Bureau announced, “The homeownership rate of 64.8 percent was not statistically different from the rate in the third quarter 2018 (64.4 percent), but was 0.7 percentage points higher than the rate in the second quarter 2019 (64.1 percent).” Today there is still a lack of inventory, particularly at the entry and middle-level segments of the market, but that is not stopping buyers from making every effort to pursue homeownership. The many financial and non-financial benefits continue to drive the American Dream and will likely do so for generations to come.
Bottom Line If you’re thinking of buying a home, contact a local real estate professional to make your dream a reality. SOURCE KCM #ForBuyers #ForSeller #HousingMarketUpdate #SimardRealtyGroup #eXpRealty For Sale! 4 Randall Ave, East Granby, CT @ $269,900!
"Want a like new home? Come see 4 Randall Ave East Granby. This fabulous home has undergone a complete remodel and awaits a new lucky owner. Neutral fresh paint in all rooms. Great open floor plan with the kitchen open to the dining area and living room. In the kitchen find granite tops, white cabinets, a center island with seating, stainless appliances, and subway tiled backsplash. " See more photos here: https://4randallave.thebestlisting.com/ #ForSale #EastGranby #SimardRealtyGroup #eXpRealty Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice.
This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has created opportunities for those who have served our country, ranging from vocational training to home loans. Facts About VA Home Loans:
Benefits of a VA Home Loan:
*More information on VA Home Loan Fees Bottom Line The best thing you can do today to celebrate Veterans Day is to share this information with those who can benefit from these opportunities. For more information, or to find out how to qualify to use a VA Home Loan Benefit, contact a local real estate professional who can help you through the process. Thank you for your service! SOURCE KCM #FirstTimeHomeBuyers #MoveUpBuyer #SimardRealtyGroup #eXpRealty |
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