Strong Hartford County real estate performance continued through October of 2019. The month finished with 781 single-family contracts, slightly fewer than October 2018’s total, but keeping the year-to-date count about 3% ahead of 2018 overall. The market continued to have less overall inventory of available homes than either of the previous two years. However, the results by individual price bands (not pictured – contact us for the chart if you’re interested) show the familiar trend
Earlier this week I had a chance to tour the latest projects from NINA (Northside Institutions Neighborhood Alliance), which is a non-profit working to rehabilitate blighted houses in the Asylum Hill area of Hartford. They have two adjacent buildings under construction, a brick 1-unit home at 115 Sigourney Street, and a large 3-unit building at 117 Sigourney Street. Although we’ve sold NINA properties in the past, it has always been on the resale market as
The Hartford County single-family home market extended its late-summer strength through September. The County finished the month with 797 contracts, which was more than 16% higher that the unusually slow month observed in September 2018. On a year-to-date basis 2019 was 3.7% ahead of the 2018 contracts total through three quarters. Inventory continues to trend below both 2018 and 2017. The chart below shows it moved down slightly over the past two months. The reduction
Today, Wednesday October 2, 2019, is Energy Efficiency Day in Hartford. The City’s Sustainability Office is hosting an Eco Expo at City Hall from 4:00p to 7:00p so residents and businesses can learn about different ways to improve their property’s energy efficiency. They are having free energy efficiency workshops for residential properties starting at 6:00p, and ask that folks RSVP. We had an energy audit of our home a while back and got some good
Jobs are very important to the real estate market. The more information I have have about employment trends in Greater Hartford, the better I can advise clients as they look to buy and sell homes. I decided to attend a local job fair to see firsthand which companies are hiring, and how that compared to the number of job seekers. The quick summary is that Connecticut Convention Center’s top level ballroom was filled with both
