Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
The Hartford County single-family market finished February with 706 contracts, a 2.2% increase over February of last year. The year always begins with a slow ramp up of activity as new listings come onto the market, and buyers begin to think about the spring. Market data shows that the inventory of available homes is still quite low in many towns. Buyers tend to behave in one of two ways when there are not a lot
Of the various maths involved in residential real estate, calculating the value of home improvement projects is the most difficult. Return on investment is ultimately determined by the market. There are no definitive answers, unlike there are in the problem above. A quick quiz: Which of these projects tends to provide the best return on investment for sellers? A. Back Yard Patio Installation B. Garage Door Replacement C. Minor Kitchen Remodel D. Window Replacement Buyers
It’s always fun to survey different markets to compare prices. Today we have three $1,600/month rentals for your consideration: Option 1 is a totally updated 2 bedroom at 33 Charter Oak Place in Downtown Hartford. Option 2 is a spacious 3 bedroom in a great location at 151 Maplewood Avenue in West Hartford. Option 3 is … whatever this is in NYC: $1,600 per month/studio Chelsea, NYC pic.twitter.com/HoY11iE8Yq — J (@AmericaCanceled) February 9, 2019 Clearly
The Hartford County single-family home market opened 2019 with 604 contracts in January. The total matched last January’s deal count almost exactly, and set the stage for another strong year in the real estate market. It is far too early to even consider looking at town-by-town trends in detail. We typically don’t even try to interpret the nuances of the market until after the majority of the spring market rush has passed. At this point
Have you ever seen properties advertised as “Coming Soon” either online or with a sign in the yard? That type of pre-market promotion has been like the Wild West for agents. Individual agents each handled it a little differently since there was no real guidance. There were many misunderstandings, and some questionable practices, as both agents and buyers struggled to understand what “Coming Soon” meant on a property-by-property basis. Although most agents promoted their listings