April Contracts: Still Lagging

2014-05-06 Hartford County Single Family Contracts in April 2014

Hartford County registered 780 single-family contracts in April of 2014, compared to 845 during April of the previous year, a more than 7% decrease in activity. Four months into the year, the chart appears to be showing a typical seasonal distribution with simply fewer deals than in 2013. This suggests that there is nothing unusual going on in the market, it’s just slower than it was last year. As previously discussed, there has been a

The Missing Domino: First-Time Buyers

Red House

I really enjoy watching a creatively placed set of dominoes fall down piece by piece. There’s a rhythm and organization to it all that is very appealing … I find it calming. Mind you, I’m not the one to set them all up, but that’s a different story. Real estate can be like knocking over dominoes. When people want to move within a town, they often will have to sell their existing home in order

17 Vanderbilt Road, West Hartford

17 Vanderbilt Road

This is the perfect property for those who want the character and size of an older and charming West End home but also want everything that West Hartford has to offer. A gracious full-width porch welcomes guests and is a wonderful place to relax and socialize with neighbors. Inside, there is a traditional center hall, front to back living room with fireplace and large formal dining room. The kitchen has granite counters, stainless steel appliances

March Contracts: Trending Behind Previous Years

Hartford County Single Family Contracts in March 2014

The Hartford County single-family market ended the first quarter with about 5% less activity than observed in the first three months of 2013. March of this year resulted in more than 11% fewer single-family contracts than March of last year. The market has continued to feel slow as we gradually transition from winter into spring. The inventory of available homes is currently at 5.0 months, which is higher than the 4.6 months observed at this

3 Scott Lane, Cromwell

This nicely updated ranch is conveniently located in a great neighborhood. The formal living room has a wood burning fireplace and bay window. It opens to the remodeled kitchen which has an eat-in area and ample cabinetry. A small office area with electric fireplace is located off the kitchen and leads to the back yard. There are three bedrooms and a remodeled full bathroom. The partially finished lower level features a walkout to the backyard,