Housing Slowdown Looks ‘Orderly’

The Federal Reserve Chairman tells Congress the Housing Market appears to be experiencing a safe landing.

The housing market has been a top economic performer for five years in a row. Rapid appreciation in house prices has made homeowners wealthy and has powered consumer spending, helping the economy move solidly ahead.

The economy, which grew in the first quarter of this year at a 5.6 percent pace, the fastest in 2 1/2 years, is expected to slow to a pace of around 3 percent in the second half of this year.

510 Windward Ave, Unit B, New Haven, CT,06512 – SOLD

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Lovely 2bed, 2ba end unit, bright and clean in desirable well maintained complex, updated kitchen, new appliances, new hardwood floors thruout, new paint, central air, living room w/fireplace, near schools, shops, beach, parks, h/ways. A TRUE MUST SEE!!!

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1423 Quinnipiac Ave, New Haven, CT.06513 – SOLD

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Affordable and covenient describes this large townhouse unit, 2 bedrooms and 1.5 baths, 1 car garage under with partial basement for storage, large master bedroom with oversized closets, near schools, shops, places of worship and major highways.

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13 Windmill Hill Rd, Branford, CT.06405 – SOLD

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Great Cape in mint condition. 6 rooms, 3 bedrooms, 1 bathroom, 1 car detached garage, central air, full unfinished basement, new kitchen, hardwood floors thruout, level yard, near schools, shops, 3 major highways and places of worship.

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123 Cosey Beach Road, East Haven, CT.06512 – Sold

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Bright, spacious 1 bedroom, 1.5 baths end unit, with front and rear patio area, in small (12 units) complex, within walking distance from the beach. Move in condition, furniture included if desired. Vaulted ceiling and skylight in living room, storage shed also included in price.

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