Source: My Record Journal —
High demand and low inventory of houses, while causing real estate prices in Connecticut and nationwide to increase, are also driving potential buyers to get more informed and be more patient.
Leticia Rodríguez, real estate agent at Keller Williams Realty in Wallingford, says with prices going up and the competition rising, home buyers need to be prepared for what can possibly be a long process.
According to the SmartMLS listing service, for the month of February, Connecticut home buyers paid 1.5% above the listed price for a single family home. The year to date is 2.5% above the listed price.
