The average mortgage issued in the past three months increased by $20,000 reports Housingwire.com

This is a small increase, but nonetheless a positive one for a housing market that can get all the good news it can get.  This average increase may signal that lenders are relaxing their qualification criteria slightly and that buyers are willing to borrow more (and have a larger monthly payment) than they would have a few months ago.

For more information on this article, visit Housingwire.com

Click here for information on local real estate and to ask Todd any questions about Norwalk property listings.

1 Thames St., a single family home for sale in Norwalk, CT, was just reduced to $239,900.

This charming 3 BR colonial features a large eat-in-kitchen, a large living room, and a great outdoor deck.  Bring your creative flair and make this house YOUR home!

For more information about this Norwalk house for sale, visit 1 Thames St. house listing.

Feel free to email Todd with any questions, or visit www.ToddTurcotte.com to read community reports, search Norwalk listings and houses and/or condos for sale, and access Norwalk, CT real estate information!

Just Rented!

442 Main Ave # A6 just rented for $2,850 per month.  This luxury 2 BR, 2.5 Bath Condo in Norwalk offers over 2,200 square feet of living space, a huge granite eat-in-kitchen, and a 1 car garage.

For more information about this specific unit, visit:  442 Main Ave Norwalk condo rental.

For information on other properties in Norwalk, or to inqui

Here is a new testimonial from a buyer client who just purchased a condo in Norwalk:

 

“I never knew buying a home could be this easy! Todd showed his experience and professionalism from Day 1 and was always available to answer questions. Amazingly enough, finding the perfect house was the easiest part of my move. When I was handling all other moving matters, I knew everything related to the house was in good hands. I would strongly recommend that anyone moving to Fairfield County should consider hiring Todd as their real estate agent. This process couldn’t have been any easier!”

 

-Adam Kirshner – South Norwalk

New Listing!

44 Stuart # A1 was just listed for $1,595 per month.

This BRAND NEW 1 BR condo will be ready for occupancy in early May, and features a large Granite Kitchen with Stainless Steel appliances, Hardwood Floors, a Washer / Dryer in unit, and a 1 Car Attached Garage!

For more information about this specific unit, visit:  http://cmls.paragonrels.com/publink/default.aspx?GUID=118c8628-ca74-4775-8a0b-6a81d65f1178&Report=Yes

 

For more information about Norwalk rental properties, email Todd at www.ToddTurcotte.com

 

Some good news for the housing market: Mortgage applications are up 4.8%.

This increase could mean a couple of different things:

1.  The warmer spring weather is getting more buyers motivated, and they are preparing to buy in the typically busier spring and summer markets.

2.  The rise in interest rates over the last few weeks has spurred some owners to refinance as they might suspect rates are on the rise.

 

Either way, this is good news for the housing market that has produced very little positive news since the downturn in the market.

To read the original article from Housingwire.com, visit:  http://www.housingwire.com/article/mortgage-application-filings-jump-48

For more information on your local market, check out the Community Reports feature of www.ToddTurcotte.com found at:  http://toddturcotte.com/community-reports

 

New Listing!

44 Stuart # A2 was just listed for $1,995 per month.

This BRAND NEW 2 BR, 2 full bath townhouse features a large granite kitchen, porch, master bedroom suite with bath, and 1

Freddie Mac’s chief economist expects the 2012 housing market to improve.  He cites economic growth as one of the leading indicators, as well as shrinking unemployment.  He does expect interest rates to increase this year, up to the 4.5% range, but the overall housing market should get better.

To read the entire artcile from Housingwire.com, click here: http://www.housingwire.com/article/freddie-mac-says-housing-market-awakening-predicts-lower-unemployment?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29&utm_content=Google+Reader

For answers to any questions, email Todd at www.ToddTurcotte.com

 

New Listing!

7 Noah’s Lane was just listed for $3,195 per month.

This 4 BR, 2 Bath home offers over 2,000 SF of living space and is desireably located in the Cranbury area of Norwalk.

This home sits on close to one acre of land, and offers a large grassy lawn, sunk in

New Listing!

16 Donna Drive # 17 was just listed for $259,900.

This 2 BR, 1.5 Bath condo offers an updated kitchen, and finished basement.  It is conveniently located in the center of Norwalk!  For more information about this specific condo, visit: http://cmls.paragonrels.com/publink/default.aspx?GUID=149f76d0-8672-4c96-98f1-022eba69713f&Report=Yes

For questions about local real estate, contact Todd at www.ToddTurcotte.com