March Market Stats from West Hartford

The other day we wrote about the high levels of activity in the Hartford County market during the month of March. West Hartford really stood out on the chart because 83 homes went under contract, which dwarfed the next highest town – East Hartford with 53 contracts. Part of the model we built to analyze MLS contract data allows us to look at trends in individual towns. Here is the number of West Hartford contracts

Budget Trends in the City of Hartford

Hartford is in the middle of a budget debate in which City leaders work to close a meaningful gap between revenue and expenses. There are many moving parts to the discussion, and difficult decisions will be made. There is also one real estate related consideration that we want to highlight. Last June the state legislature passed a law that defines how the City of Hartford’s split property tax system will work for the coming five

March Contracts: Rolling into Spring

Single-family homes in Hartford County continued to be snapped up in March. The month continued the very strong pace from January and February, with a 30% increase in the number of homes that went under contract compared to March 2011. The month was only slightly behind the tax credit fueled binge that we experienced in March of 2010. Each town is a little bit different, but the hot towns are super hot. Just look at

Buyer Agents Are…

In the state of Connecticut buyers are able to have their own agents in a home purchase. Buyers have all sorts of different perceptions of buyer agents and this law. At the end of the day, buyer agents are what you make them. Some see buyer agents as an unnecessary obstacle to their purchase. The buyers just want to purchase a home and feel they can manage their deal themselves. These people often end up

Homebuyer Event on Monday April 9, 2012

Have you ever thought about buying a home? Whether you are considering a search this spring or not planning to look for years, this informational session will help you understand the basics of buying a home in the Greater Hartford area. It will be more of a conversation than a lecture, and questions will be strongly encouraged. We will be leading the HYPE Homebuyer Seminar on Monday, April 9th, 2012 at 6:00pm. It will be