Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
I recently listed this move-in ready, 2 bedroom, 2.1 bath, 1,660 sqft townhouse condo in Farmington. The home is located in the gated Tunxis Village community just west of the river and adjacent to both the Tunxis Plantation Country Club and the Devonwood Community, and close to Winding Trails. The condo features an updated, eat-in kitchen with plenty of cabinet space, a living room with fireplace, and a private slate patio. The two spacious bedrooms
Yesterday I was preparing my data for the May real estate market statistics post and this morning the Courant had an article about housing prices for the state as a whole. While aggregating the state as a whole is good for a macro economic perspective, your average Joe and Jane are more likely to be concerned with what’s going on in their town or the few towns surrounding where they live, as that’s what’s affecting
When a buyer purchases a home, they have the right to have certain inspections performed within a specified timeframe after the contract is signed. In our market, the window to have inspections conducted is typically anywhere from 7-14 days. Buyers want their right to understand any issues with the house and sellers want the review conducted as soon as possible so that they know the contract is continuing forward towards closing. Often my buyers look
Mortgage rates have ticked upward over the past few days in response to market activity around the 10-year Treasury Bond. According to BankRate.com, the average interest rate for a 30-year fixed mortgage has increased from 5.00% to 5.39% in just a few days. An article in today’s Wall Street Journal goes so far as to proclaim that “Mortgage Rates Surge, Sap Hopes.” They cite similar interest rate figures from a different source and quote two
The past few weeks have been busy. More multiple offer deals. So far this year I’ve sold 13 houses. Of those transactions, 9 of them have been multiple offer situations. In some cases I represented the sellers. In others, the buyers. The houses have been priced anywhere from the mid-$200Ks to the mid-$500Ks. Whenever I let my buyer clients know that another offer has been submitted on the property that they’re interested in, the first