Real Estate Activity Decrease by Town – May 2010

May is a busy real estate month. More deals are done in the spring than in other times of the year, and the month of May is right there in the middle of the spring. In most years, the months of April and May have the two highest totals of contracts written (buyers and sellers agreeing on a sale). May usually edges out April, but not always. It depends on how the holidays fall, and

Hartford County Takes a Breather

So it’s been a few weeks since the buyer credit expired on April 30th. How’s the market doing now? Crickets. Can you hear them? This graph shows the number of contracts written for residential properties in Hartford County. Data is grouped by week and comes from the Connecticut Multiple Listing Service, which is deemed reliable but not guaranteed. 2004 was selected as the comparison year for three reasons: 1. The days/dates match up with 2010

78 Temple Drive, East Hartford

This meticulously maintained ranch in East Hartford is located near the Long Hill Country Club and is move-in ready. The home offers 3 bedrooms and 1.5 baths over 1,202 sqft. Inside, you’re greeted with shiny hardwood floors and freshly painted walls in neutral colors. An oversized living room complete with fireplace is a nice place for entertaining. The kitchen is functional and offers good storage and work space, new gas stove and dishwasher, as well

After the Home Buyer Tax Credit

As of the first of May, the Federal Home Buyer Tax Credit is no longer part of the American residential real estate landscape. The incentive took various forms since it first went into effect in April of 2008, offering cash to both first-time buyers and existing home owners. Looking back, two questions immediately come to mind. How did the credit impact the markets over the past few years? And how will the credit continue to

Real Estate Bargains: Getting the Best Buy Possible

Yesterday we highlighted four common myths that sometimes lead buyers to believe they’re getting a better deal than they really are. Today we’re sharing some thoughts about finding true real estate bargains. Let’s just get this first point out of the way early. If you’re looking for a ridiculous value – a complete steal – then a real estate agent probably isn’t going to find it for you. You need to start pounding the pavement