All the data we typically look at is related to single family homes. But how are condos doing this year? I recently pulled the CT Multiple Listing Service data for condo sales in the Greater Hartford area. As with the single family home data, it’s deemed reliable but not guaranteed. Here’s how things are doing for the first 9 months of this year compared to the same time period for 2008… My Observations… 1. The
We’ve moved into the last quarter of the year and you can tell fall is here; the leaves are changing, it’s apple picking time, and I’m wearing long sleeves on my morning runs. How did the Greater Hartford real estate market do in the third quarter of 2009? Here’s the latest data from the CT Multiple Listing Service for single family homes, deemed reliable, but not guaranteed… My Observations… 1. The number of closed sales
Real estate agents often have access to a lot of personal information about people that they don’t necessarily want shared with others. For example, sometimes people call me because they are getting a divorce. They want to sell their home, but they don’t want anyone to know why they’re moving. Other people are in the process of a job search and would like to be ready to move quickly if the right opportunity comes along,
There have been a few interesting real estate stories and announcements around the nation this week. But first, the changing seasons along tree-lined Farmington Avenue in West Hartford Center. Today’s Wall Street Journal has a piece on Shadow Inventory (Subscription Required), which are homes that are not currently on the market but are expected to be listed for sale in the near future. They focus on foreclosures, and found about 1.5 million mortgages currently in
Should the threat of rising sea levels factor into the real estate decisions of home buyer or home owners? We hear frequent debate about whether the globe is warming, and if so, whether or not our civilizations and lifestyles are the cause. We also hear about large chunks of ice that break off into the ocean. But we do not hear much about specific consequences of rising sea levels in the news. Satellite images show