Infographics are defined as "graphic visual representations of information, data or knowledge intended to present information quickly and clear." Here at Seaport, we utilize design and information to convey new ways to share our real estate knowledge with you all!


Connecticut's real estate taxes can vary greatly depending on the municipality and districts within them.  The graphic above illustrates the base rates for each town. Additional rates are applied to specific locations where services are provided.  These services can include public water, sewer, trash removal,  police services, or a firehouse.  A town or district with a lower Mill rate may not offer these services.  Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average property tax rate in CT for 2024 is $28.93, with the highest being Hartford at $68.95 and the lowest being Salisbury at $11. 

2024 Mill Rates CT

How to Calculate Connecticut Property Taxes

The…

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Coastal Town

In the span of over two decades, Connecticut's coastal towns have painted a picturesque scene of New England charm and scenic waterfronts. However, beneath the surface of these idyllic communities lies a growing concern: the rising tide of housing prices, surging far faster than their residents' incomes.

#ConnecticutCoast #HousingMarket #EconomicTrends

Over the last 23 years, data reveals a trend that could reshape the fabric of towns like Stonington, Darien, and New Haven. While median household incomes have seen modest growth, median selling prices for homes have soared, in some cases, to more than double the income growth percentage.

#AffordableHousing #IncomeGrowth #RealEstateTrends

In Stonington, for example, incomes have risen by…

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1. Too 'Hungry'

Agents need to tell their clients the truth, even when that truth is difficult to hear. Failure to do that is not representing clients at the highest level of integrity. If they are too “hungry” that they will sell you anything, they are not looking out for the client's needs. 

2. Rushed

I would avoid the agent who is always in a hurry and doesn't have time to focus on your needs. A person who is only focused on landing the sale may not be good for a long-term relationship and creating value for the customer. It’s best to know your priorities and choose a broker who matches them.

3. Overly Pushy

As real estate professionals, we are entrusted with the honor of guiding our clients through one of the most significant…

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 1. Peer Pressure

“Everyone else is doing it” does not mean that it is a good reason to buy.

2. Short Term

If you know that you will be moving in less than five years then renting may make more sense.

3. Low Inventory

This pushes prices higher than maybe in the summer when there is more inventory.

4. Job Loss

If there is any chance that you will be laid off for an extended period of time, then now may not be the time to buy.

5. Market Swings

If there is any chance that you will be laid off for an extended period of time, then now may not be the time to buy.

Reach out to one of our agents to see if it's a good idea for you to buy or rent. 

 

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