Week 3: How is the market in 2023? John Engel’s Real Estate Column for The New Canaan Sentinel
How is the market in 2023? by John Engel Sept 8, 2023 New Canaan Inventory By Property Type, 2014-2023 The standout story for 2023 revolves around the glaring lack of inventory. This scarcity significantly impacts the price and transaction volume in the New Canaan real estate market. The inventory shortage has overshadowed the effects of […]
Week 2: Timing the Market and Rent vs Buy Analysis. John Engel’s Real Estate Column for the New Canaan Sentinel
Timing the Market and Rent vs Buy Analysis by John Engel Sept. 1 2023 Prices are up in New Canaan and throughout Fairfield County. Interest rates are now up over 7% and we cannot ignore the effect that decreased affordability is having and could have on the New Canaan market. Certainly, it is causing many […]