HCPR: Muted Third Quarter Follows Tax Credit

Hartford County residential sales fell significantly in the third quarter of 2010 versus the third quarter of 2009 as buyers took a breather following the June expiration of the Federal Home Buyer Tax Credit. Median prices rose modestly over the year-previous quarter, while another measure of pricing, the median price per square foot, fell a comparable amount. Most noteworthy was the change in the mix of homes that sold as the Tax Credit phased out

Buyers: Don't Forget to Have Fun

Buyer’s Week has been an exciting ride here at the Greater Hartford Real Estate Blog. We covered the current opportunity, the importance of talking to a mortgage professional, the benefits of trading up in a down market, and buying when you also have a house to sell. Fond memories… Buying a home is a process punctuated by events. We think that buyers should understand what they are getting into at the start, and hope that

Creative Use of Small Space in Hong Kong

We see real estate stories about the smallest apartment, house, or whatever all the time. This one caught my eye because it shows an inspired use of a small space. Gary Chang, a Hong Kong designer, transformed his 360 sqft apartment into an incredibly functional space using rolling walls that appear to be inspired by the moveable stacks often seen at town records departments, and sometimes in libraries. It looks like he put everything that

HCPR: Soaring Sales in Second Quarter

Sales in Hartford County soared in the second quarter of 2010 versus the second quarter of 2009 thanks to the Federal Home Buyer Tax Credit. Median prices were up modestly over the year-previous quarter. Median days on market fell meaningfully, reflecting the frenzied pace of the County’s residential real estate market as the tax credit overlapped with the traditional spring market. Single-Family Homes Second quarter sales of single-family homes increased 23.8% compared to the year-earlier

Real Estate Bargains: Common Myths

So you’re looking for a home and you want a real bargain? You’re not interested in a fair price, or even a good price, you’re talking about a real steal, right? Join the crowd – there are a lot buyers out there just like you. Unfortunately, bargain hunters have a number of misconceptions about the current real estate market. Today we’re going to examine a few of the surprisingly common myths. Myth #1: You can