Homebuyer Tax Credit Update

The Senate has overwhelmingly passed an extension to the hotly debated homebuyer tax credit. The updated version of the program has larger scope and is more generous than its predecessors. Note that the extension is not official until it is also passed by the House and signed by President Obama. The new program offers people that have lived in their home for 5 years or more (move-up buyers) a $6,500 credit. It also increases the

Greater Hartford October 2009 Real Estate Market Statistics

October is closed out, so here’s the latest data from the CT Multiple Listing Service for single family homes, deemed reliable, but not guaranteed… My Observations… 1. Overall, the number of Closed Sales are up again, 2.6% this month, when comparing to October 2008. It will be interesting to see the results of November, as I feel they will also show an increase over last year as people try to jam in their closing by

Renewing the Home Buyer Credit

We’ve received a lot of questions recently about the soon-to-expire First Time Home Buyer’s Credit. Since the time has basically passed to be able to take advantage of it in a home purchase, the discussion has shifted to the future of the program. Analysts and commentators around the country are weighing in on the subject, dividing into two camps. Camp 1: Extend the credit, and perhaps even expand it to all buyers and with larger

79 Girard Avenue- Hartford’s West End

We hope that you’ve enjoyed following our Saving a West End Home series during the past few months. The restoration is complete and now it’s time to make this fantastic historic home yours! A completely rehabbed exterior welcomes you, starting with the new 35-year architectural shingle roof. The new wooden shingle siding, rebuilt front porch, and restored windows with full storms have all been freshly painted in historically appropriate colors. Stepping inside, you’re greeted by

An Evening with David Nyberg

On Thursday, October 15, 2009 (tomorrow evening), real estate developer David Nyberg will be hosting a social hour, giving site tours of two Downtown Hartford projects, and participating in a roundtable discussion. I am coordinating the event through HYPE, and would like to extend an invitation to those outside of the HYPE membership to join us. Please RSVP to me (Kyle Bergquist) to register if you are interested in attending; seating is limited. Mr. Nyberg