Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
We never made any official predictions for the 2012 real estate market. I’m stunned that we didn’t do it because it’s a fun thing to think about, and after analyzing the year-end data we always have thoughts and ideas. We won’t make that mistake again this year … here are our predictions for the coming year. Amy 1. Low inventory in the early months of the year is going to result in more multiple offer
This Ives townhouse unit at Quaker Green is nicely appointed with three bedrooms and three and a half bathrooms over 2,641 square feet. The open concept plan on the first floor incorporates the living room and dining room space into the kitchen, all with hardwood floors. The kitchen offers maple cabinets, granite counters, stainless steel appliances and eat-in space. You’ll also find a powder room and access to the attached one-car garage. Upstairs the master
We have previously noted that condos are different than other types of real estate without getting into the how or why. The main difference is that you, as the owner, do not have sole discretion over your property. Individual condominium units are part of a larger community. You have to follow its rules and pay a monthly homeowner association fee (HOA) to support the shared services and amenities. There are good reasons to choose a
Condominiums are currently out of favor with buyers. The number of closed condo sales in Hartford County fell about 57% from its peak in 2005 to 2011. There are many reasons why the number of condo deals has fallen so dramatically. Much of the decline can be attributed to a change in buyer sentiment, which has also impacted other property types. In the mid-2000s everyone wanted to buy a home because real estate was all
Our local MLS added two fields to denote distressed sales back in 2008. As with most new things, the fields were not immediately and uniformly adopted by the thousands of individual agents in the area. Now that they are widely used, we can begin to look at the level of distress in our local markets using the CTMLS database. At the big picture level, it appears that distressed single-family homes and condominiums sales represented about