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Fairfield County unit sales were up in December 2020 by 59% compared to the previous December, with the median sales price of $606,000 representing a 34.7% increase.
The Shelton firm's commitment to veterans is now formalized by its participation in “U.S. Military on the Move,” a program offered by participating brokerages of Leading Real Estate Companies of the World that offers rebates or credits on a home sale or purchase to eligible service members.
“There’s now less incentive to get a larger mortgage because you can’t deduct it," says Ryan Raveis. "For younger generations particularly, who are typically loaded down with student debt and are living at home, home ownership of their own – which has always been seen as a way of building equity – is getting harder to come by.”
“Wealthier folks are leaving the state, and those who are replacing them don’t have the same level of income," Ryan Raveis Inc. said.