Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
We recently wrote about municipal governments offering free houses in Japan in an effort to stabilize the population of rural areas. Well, a similar offer is available with a Mediterranean flair. Sambuca, a town near the southern coast of Sicily, is offering homes for €1 to new residents who promise to fix up the properties within 3 years. The town dates back to the ancient Greeks, and has a variety of historical influences. Although we’re
Would you rent to cats if a human promised to pay their rent? One landlord in San Jose, CA felt that bringing in two cats as the only tenants for the 400 sqft studio he has in the back yard was a great deal. The monthly rent he receives? $1,500. Meow!
Fast Company published an exclusive about AirBnB at the end of November. The home sharing company proposed a new initiative called Backyard, which came from their division focused on the future. It is very ambitious, as it aims to rethink the entire process of designing, building, and updating homes. While the company’s move into the physical world of construction is the main headline, I’m more interested in one of the other details – that the
Hartford County finished 2018 with a closed deal count in the mid-8,000s for single-family homes for the third year in a row. Median single-family homes prices increased by 4.5% from $220,000 to $230,000. Average single-family home prices also increased, though by a smaller percentage. Breaking the number of sales down by price band, we can see that number of deals at prices below $200,000 decreased, while the number of deals in the middle price bands
December is traditionally the least active real estate month of the year, as folks take a step back to enjoy the holiday season. Although we saw the expected slowdown in number of deals, the month had respectable totals showing that many buyers and sellers had happy holidays. When looking at contracts, the month was nearly 15% ahead of last December for single-family homes in Hartford County. We finished the year with about 1.3% fewer contracts