Wednesday, March 7, 2018

Greater New Haven House Price Index continues growth and stability

3/03/2018 (CT) Milford New Haven CT "Carr Value Shelf" (FHFA HPI 173-178 since 2Q2012) indicated a value breakout for the 3nd time since 2016Q4, finishing 20174Q at 182.14 ( up from 180.32) . documenting 5 3/4 years house price stability since Sept 2012. Your property purchased after 2013 would have maintained or increased in House Price Index value, as would have any property purchased before 2004Q3. David Carr  The foundation of your success in real estate, here when the time is right for you©

US Senate may loosen banking rules soon


The US Senate began debate March 7, 2018  to loosen banking rules implemented following  the 2007-2009 financial crisis, marking a significant breakout in the long-running debate over regulation compared to consumer protection. Proposals include relaxing restriction on bank owned hedge funds, reducing holding capitol in time of crisis, and reducing oversight on banks under $250B. This may loosen credit restrictions, increase the buyer pool, and hypothetically increase demand for housing. David Carr  The foundation of your success in real estate, here when the time is right for you©