The Right Offer Price

I’ve been showing lots of houses lately because in many cases buyers have much to choose from and they’re a little bit more hesitant about the market. The current financial situation is freaking people out, and rightly so in some cases. When we do eventually find “the one,” there is much more hand wringing about what to initially offer than there used to be. Some of my buyers take a low ball strategy, no matter

Greater Hartford Real Estate Blog on TV Again

Well, maybe. Fox 61 News called me this morning and asked if they could stop by my Open House at 24 Arundel Avenue in West Hartford. They wanted to interview me about the current real estate market. What fantastic exposure for my seller! I asked their permission and we were on our way. The clip will air on Fox 61 News during the 10:00pm and 11:00pm time slots tonight, if they decide to run it.

24 Arundel Avenue, West Hartford

So you want to live “Crawl to West Hartford Center?” Well this is your chance! I recently listed this move-in condition center hall colonial located at 24 Arundel Avenue in West Hartford. The home is located in the Braeburn elementary school district. It offers 1568 square feet, 3 bedrooms, 1.5 baths and some wonderful updates. The kitchen has been completely remodeled with maple cabinets, cherry floors, silestone counters, Jenn-Air and Fisher & Paykel stainless steel

Close Your Permits?

I recently had to call Hartford’s Licenses and Inspections department to check on some permits for a particular house in Hartford. I was looking to understand if permits had been pulled for work performed at the house and if they had been closed out by a city inspector. The L&I office has always been helpful whenever I’ve stopped by to check on permits for homes or just answer general questions I have about the L&I

Negative Feedback Loop – Mortgages vs Investments

The financial markets are in a difficult place right now, and the Federal government is working on a plan to intervene and hopefully stop the bleeding. Rather than trying to figure out who’s to blame, or speculating on what might happen next, I’d like to try to illustrate the negative feedback loop currently in place. Some observations: 1. Mortgage-backed securities are valued using computer models with numerous assumptions. The historical data used to generate the