The Thrill of the Chase?

When the real estate market slows and inventory grows, setting the listing price of a home becomes critically important. “Chasing the market” is a situation no homeowner wants to be in, but many set themselves up for this everyday. Think about it. People hire real estate agents to help them price, market, and sell their homes. Why is it that so many homeowners disregard their agent’s pricing advice, which is based on hard sales data,

Condo Commission Needed in CT?

Earlier this week, AG Richard Blumenthal asked state legislators to form a review board that would deal with condo association complaints. Apparently, Blumenthal’s office has received hundreds of complaints from condo owners across the state that claim their association’s governing boards are blatantly violating state laws or their association’s bylaws. The board would be used to act as a mediator between condo unit owners and condo association officials. The Courant’s Consumer Watchdog put in his

Bailout Thoughts

I read this article in the New York Times this morning and I’ve been thinking about it for a good part of the day. Short synopsis: not only were lower income home buyers sucked into adjustable rate mortgages and equity stripping, but so were higher income individuals. *gasp* A few examples were given where “real estate consultants” and a lawyer were able to re-negotiate their mortgage terms with their lenders. Either their loans were refinanced

Run Forrest, Run…in Greater Hartford

It’s time for running season in the Greater Harford area. If you’re a runner, would like to be a runner, or like to watch Forrest Gump, then the Hartford Marathon Foundation has an event for you. On Wednesday, April 9 from 6:00pm-8:00pm, the HMF will hold a FREE Open House so you can learn more about running and triathlon training programs. The Open House will be held at the Riverfront Community Center at 300 Welles

Potential Property Tax Increases in West Hartford

Tax revenue funds the services that cities and towns provide to their citizens. I think we all get that. Earlier this week, the Courant reported on West Hartford’s town budget proposal. The initial budget proposal is up 7% from the 2007-2008 budget, to $216 million. Click here for the proposed budget. Click here for the Town Manager’s presentation of the proposed budget. A portion of the article addressed the property tax increases that West Hartford