Mortgages: Purchasing Power versus Conservatism

We’ve been thinking a lot about mortgages lately. Something that jumps out at us is just how much of an opportunity the combination of declining mortgage rates and falling home prices has created for buyers. Interest rates for 30-year fixed mortgages were around 6% during the early and mid-2000s when we bought our house. Those same loans are now available for interest rates of 4% or less, and 15-year fixed mortgages are available for just

Quick Tour: Hartford’s West End

Transcript Welcome to the quick tour of Hartford’s West End neighborhood, I’m Kyle Bergquist of Greater Hartford Real Estate TV. Not surprisingly, the West End is on the western edge of the City. It’s made up of all the land north of Capital Avenue and West of the Park River’s north fork. The neighborhood is mostly residential, with single-family and multi-family homes built in the very late 1800s and early 1900s. Apartments are available throughout

293 Castlewood Drive, Bloomfield

This conveniently located townhouse-style condo is tucked away in a quiet community. The unit is light and bright with an open floor plan. It offers 2 bedrooms and 2.5 bathrooms over 1,544 square feet. The first floor offers a living room with fireplace and opens into the dining room. The kitchen has eat-in space, sliders to a deck, a vaulted ceiling and skylights. A half bath finishes off the first floor space. Upstairs there are

May Contracts: The 2012 Spring Plateau

Hartford County real estate markets finished May with basically the same number of single-family deals as March and April. Looking at the chart below, one might think that the market has hit some sort of speed limit or something. Why haven’t we broken through the ceiling of about 750 deals per month? The only month on the chart with a higher total was April 2010, which was the deadline for collecting the Federal Home Buyer

Domino Deals

When I was a kid, stacking dominoes was a favorite pastime for rainy days. Make intricate patterns, twists and turns, jumps. It was entertaining to see just how long you could make the chain and watch one knock down the next. These days I work with a different kind of domino; Domino Deals. That’s when there is one transaction that is dependent on another moving forward in order to happen. For example, a buyer wants