As the festive lights of December illuminate our paths, I am delighted to reflect on an extraordinary year at Kate Cacciatore Homes. In a challenging Fairfield County market, where single-family home inventory saw a 25.11% decline, Kate Cacciatore Homes achieved a remarkable $40 million in sales, marking 2023 as a landmark year.

 

This year’s triumphs are amplified by William Raveis being named the #1 brokerage by Inman, and I am deeply honored to be recognized once again as the top single agent at the William Raveis flagship office in Southport, Connecticut. These accolades are not just personal achievements but reflect our collective commitment to excellence and the strength of the relationships we’ve built.

 

You, my dynamic, inspiring, and visionary clients, have been central to this success, transforming challenges into opportunities and enriching our journey together. As we look ahead to 2024, with optimism for a vibrant market, anticipated lower interest rates, and an increase in inventory, I am excited to guide you through these changes. With Kate Cacciatore Homes, you can expect unparalleled service and expertise as we embrace these new opportunities.

 

I am eternally grateful for your trust and partnership, which have been pivotal in our achievements. Together, let’s look forward to a year filled with prosperity and exciting opportunities.

 

Wishing you a joyous holiday season and a New Year brimming with success.

 

Warm regards,

 

Kate

Contrary to expectations of a market downturn, home prices sustained an upward trajectory throughout 2023, primarily attributed to a disparity in housing supply and demand - demand significantly outweighing active listings. This trend appears poised to persist into 2024. Recent assessments by industry authorities such as Fannie Mae, the Mortgage Bankers Association (MBA), and the National Association of Realtors (NAR) present a model supporting sustained increases in home prices. Although the projected price increase for 2024 might be modest compared to 2023, the cumulative effect of home price appreciation cannot be overlooked. This aspect underscores the long-term benefits of homeownership.

While 2023 didn't produce wide-sweeping, robust home sales due to a deficit in inventory, the projections for 2024 indicate a positive shift. This uptick could revitalize the market, offering opportunities for both buyers and sellers.

 

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With a distinguished track record surpassing $400 million in sales and over two decades at the forefront of Fairfield County’s luxury real estate, Kate Cacciatore Homes brings unparalleled expertise and insightful market analysis. Explore our newsletters for an exclusive look at emerging market trends, premier property previews, and compelling local narratives. If you know someone who’d appreciate these insights, feel free to pass this on. They can easily subscribe with just a click below.