Financing Closing Costs

One of the most rewarding aspects of being a Realtor is being able to call a client and say, “Congratulations, your offer has been accepted – you got the house!” Amy made one of those calls just last night and, even though I was sitting a good four feet away from the phone, I could practically feel the buyer’s excitement. I couldn’t make out the words, but their volume and pitch increased significantly as they

"Sale Pending" Signs

Generally, I am not a superstitious person. I don’t bury St. Joseph statues in the yards of my listings (there will be a future blog on this), I don’t have a lucky pair of underwear that I wear to listing appointments, and I don’t read the horoscopes of my buyers to figure out if today is the day we’ll find them a house. However, there is one thing in real estate that I am overly

Greater Hartford Real Estate Market Statistics- Summer 2008

Labor Day unofficially marks the end of summer. Vacations are over for the most part. Kids are headed back to school. The drawbridge to the Cape is raised. Now is the perfect time to look back at the full spectrum of data for the spring real estate market in the Hartford area. Most people try to plan their moves between the months of May and August. This behavior follows the break in the school cycle,

First Time Homebuyer Tax Credit- Part 1

As part of its major housing legislation, H.R. 3221, Congress created a tax credit to provide an incentive for first-time homebuyers. The $7,500 credit will be available for the purchase of a principal residence on or after April 9, 2008 and before July 1, 2009. This first blog post will address common questions. A second post will follow with my thoughts on the tax credit… The Basics Who qualifies for the new tax credit? Only

A Glimpse at a Tough Real Estate Market

Last week I reported on real estate market statistics for the spring in a number towns in the Greater Hartford area. Most towns had seen a significant decline in the number of closed sales when comparing April through June of 2008 to 2007. While those statistics are troubling for sellers, they are also troubling for those who earn their living in the real estate industry; your local real estate agent, closing attorney, mortgage broker, home