Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
When you’re looking at a property, how much time do you spend outside looking at the surroundings? What are the adjacent properties? How do they look? Are you near a major road? Are there commercial or other non-residential parcels near you? Is there a farm or undeveloped land abutting or near the property? When we view homes with buyers we try to spend some time evaluating the adjoining and nearby spaces. This isn’t necessarily to
Last week we published some charts showing the direction of the overall single-family market in Hartford County for 2013. The quick summary was that sales activity has been increasing nicely for two years, but median prices have been stuck in a protracted valley. The data tells a variety of different stories when we zoom in to the individual towns. Before we get there though, a quick disclaimer. It’s difficult to take too strong a position
Most of the year we avoid looking at prices when we analyze market statistics. Considering only a month’s (or even quarter’s) worth of data is risky because the sample size is too small, while making a more sophisticated model to account for the small sample size is beyond our abilities. However we are comfortable looking at a full year of data, and now that the calendar has turned over to 2014 we can look back
Hartford County finished the year with 397 single-family deals coming together during the month of December. The total was slightly ahead of December 2012, and a sharp decline from November of this year. For the full 12 months, the Hartford County market grew by a little over 7% in terms of signed single-family contracts. The result is well behind the 24% growth seen in 2012, yet still a positive step as the region’s housing market
The database that real estate agents use to create our listings (CT Multiple Listing Service) has increased the number of images that we are allowed to load for each property. The maximum number of photos has been slowly creeping upwards for years, with the most recent jump from 25 to 35. There is a school of thought that says you need to use all of the picture slots available. I’ve heard it regularly from the