January results are in, Westport is a bit behind last January, Weston looking good, as is Wilton, Fairfield is slow, Norwalk looking good. Check out our Market Action Reports for the details.

Nationally there is a shortage of inventory that the experts say will slow the real estate market. Locally, our inventory is higher this January than the previous two years and building. So what gives? Many buyers are still waiting for the "Perfect Home". Some sellers are asking too much. The coming months will tell the story.  The properties that show the best and are priced right, are trading quickly and in many cases in multiple offers.  We expect a very active spring market.

The mortgage market continues to be favorable, Freddie Mac reports that  rates are either unchanged or lower from last week, and all are lower than this time last year, which should continue to aid in the ongoing housing recovery. 

This Sunday is the Coldwell Banker Open House Event, 35 houses, ranging from $309,000 to $ 4,895,000 are on the tour. Going to open houses is a good way to get a better sense of the market. Feel free to visit, or if the weather is bad, just check them online.