| Last Update: |
8/27/10 |
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Homes On |
Average |
Under |
July |
Average |
|
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Market |
List Price |
Deposit |
Sales |
Sales Price |
|
East Hartford |
217 |
179,713 |
76 |
18 |
167,006 |
|
South Windsor |
104 |
360,614 |
33 |
11 |
277,355 |
|
Hebron |
73 |
341,958 |
9 |
3 |
325,667 |
|
Bolton |
39 |
353,936 |
8 |
3 |
314,667 |
|
Manchester |
238 |
243,711 |
50 |
23 |
215,080 |
|
Vernon |
136 |
226,545 |
31 |
8 |
174,850 |
|
Ellington |
107 |
373,825 |
27 |
5 |
323,900 |
|
Tolland |
100 |
352,680 |
18 |
9 |
311,444 |
|
(SOURCE MLS, DEEMED RELIABLE BUT NOT GUARANTEED) |
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Don't see your town listed? Drop me a line. |
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Real estate is one of the most exciting investments one can make, and it should be a fun and rewarding experience. Here you'll find everything you'll need to buy or sell a home, as well as learn about the market value of homes in the area. It is my goal to provide you with superior service at all times.
As an e-PRO graduate, I use the latest technology in this fast paced age. An e-PRO is someone who has recognized and responded to the needs of the new Internet savvy consumer. Why use an e-PRO: http://profile.epronar.com/index.php?id=35202
Please visit Kevin’s picks, where you will find links to local resources that I highly recommend and Testimonials from my ever growing list of satisfied clients.
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Mortgage Rates Continue to Fall
Average interest on long-term mortgages slid to a record low for the eighth time in nine weeks and could dip more. Freddie Mac reports that 30-year fixed loans averaged 4.36 percent this week, down from 4.42 percent a week ago; the 15-year fixed rate fell to a new low of 3.86 percent from 3.90 percent; and adjustable-rate mortgages were also below 4 percent.
The Mortgage Bankers Association's Michael Fratantoni said the group expects that rates "will begin to rise as the economic situation improves along with jobs."
Source: Pittsburgh Tribune-Review, Sam Spatter (08/27/10)
All CHFA Mortgage Program interest rates are
subject to change weekly. The following rates
are in effect until Thursday, September 2, 2010 :
Homebuyer Mortgage Program
Interest rate: 4.000 % (APR range 4.100 - 4.500 %)
Fees: Up to One Point (1% Origination Fee) * Payable to Lender
Term - 30 years, fixed rate
* Additional fees may apply
Downpayment Assistance Program (DAP)
(Rate listed is for DAP loans with Homebuyer Mortgage Program financing.)
Interest rate: 4.000 % (APR range 4.100 - 4.500 %)
Fees: Up to $200 Application Fee * Payable to Lender
Term - 30 years, fixed rate
(NOTE: If at any time the interest rate for the Homebuyer Mortgage Program exceeds 6%, the DAP interest rate will be capped at 6%.)
* Additional fees may apply
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