About Tom Cenig om Ceniglio
Tom Ceniglio started his real estate career as a member of a large team that trained and role-played 2 hours each day for 4 days each week for 8 months. Within the first 4 months, Tom completed the Luxury Home Specialist, Resort & Second Home Property Specialist, Certified Waterfront Specialist, Commercial Investment & Real Estate, C2EX certification courses offered by the NAR (National Association of Realtors). He also took additional tests and applications to be licensed in CT, MA, and NH. He started taking Zillow and Realtor.com buyer leads and showed them homes and went through the process of buying homes. The marketplace in 2022-2023 was a seller's market in Connecticut so many buyers were submitting offers on just a few homes on the market. Inflation crept in and increased the mortgage rates from 3% - 7% in the same time period. So, existing sellers paused to decide if buying a new home at a higher interest rate was a better idea than fixing up their home and waiting for the market to improve. Young buyers never had access to 3% loans but 6% - 7% interest rates made their rents seem reasonable so they tended to stay where they were for the
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