Multiple Offer Madness

I’m not exactly sure what is going on this spring, but my buyer clients seem to be multiple-offer magnets. And the properties we’re looking at aren’t necessarily hot, new listings. Some of the homes have been on the market for quite some time. One of the trends that I’m noticing with multiple offer situations in a “buyers market” is the fact that the properties aren’t necessarily going at or over asking price, even though there

Hollander Foundation Center Progressing

The next downtown residential project to begin renting is going to be the Hollander Foundation Center at 410 Asylum Street. The drywall is up inside and work crews are making steady progress towards their August 2009 completion goal. Common Ground, the project developer, is currently looking for retail tenants for six ground floor retail suites. Rental applications for the apartments will be available later in the spring. Plans for 410 Asylum have changed dramatically over

Hartford's Own Dr. Horace Wells

Close to the pond in the eastern portion of Bushnell Park sits a tall statue of Dr. Horace Wells. The inscription says that in December 1844 he discovered anesthesia. What an odd item to memorialize. Very important, but still a curious choice. I had to look a little deeper. Dr. Wells was a dentist and he lived a life that, if true, should be made into an episode of E! True Hollywood Stories. According to

West Hartford Sales Trends

One of my favorite real estate statistics is the number of homes sold. It is a simple metric that is not influenced by the purchase price of properties. Only the seasonality of the real estate markets needs to be considered. I like to look at the trailing 12 month number of transactions so that I am always getting data from each month of the year. Previous posts have shown that prices in West Hartford have