Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
The question we get more than anything else is, “Where is the real estate market going?” We try to answer with a quick recap of the current situation, and maybe some thoughts on the near future, but that’s often not enough for the questioner. They want to know the long-term direction of the real estate market. They understand that we can’t predict the future, but they ask anyway. The real answer is that nobody knows,
So it’s been a few weeks since the buyer credit expired on April 30th. How’s the market doing now? Crickets. Can you hear them? This graph shows the number of contracts written for residential properties in Hartford County. Data is grouped by week and comes from the Connecticut Multiple Listing Service, which is deemed reliable but not guaranteed. 2004 was selected as the comparison year for three reasons: 1. The days/dates match up with 2010
The West Hartford real estate market feels like it’s moving very quickly these days. We’re especially noticing it since we have many buyer clients looking in the town and because the town is traditionally the most active real estate market in the county. It is common to see new listings sell in a couple of days if they are priced right, and we’ve been seeing multiple offer situations on a regular basis. Despite the bidding
A good real estate attorney is an important and necessary person to have on your team when you’re thinking about buying or selling property. Closing attorneys work with lenders and the buyers and sellers to account for all of the funds involved, manage the title insurance and title search process, and provide general guidance throughout the transaction. Sellers typically understand the importance of closing attorneys because they’ve worked with real estate attorneys in the past