Property Taxes in the City of Hartford

One of the most difficult conversations that I have as a real estate agent is explaining the property tax system in the City of Hartford. Most of the time the subject comes up as I’m touring around with a buyer and trying to cover various home buying subjects as we drive from one property to the next. My client will casually ask about taxes, expecting an answer along the lines of “They’re low/high compared to

Q2 Condo Contracts: Good News for Buyers

The Hartford County Condo market has fallen out of sync with the traditional seasonality, creating a good opportunity for buyers with lots to choose from and a more favorable pricing environment to go along with very attractive mortgage rates. The data shows a 13% decrease in the total number of contracts from the second quarter of 2010. However, looking more closely at the individual months, we can see that 2011 showed very steady performance –

West Hartford Revaluation 2011, Part II

The other day we covered the basics of the upcoming West Hartford property revaluation. As a quick reminder, the process is underway, and new “Market Values” will be available and distributed in the October time frame. Homeowners with concerns about their number can go through the “Informal Hearing” process and appeal it beyond that if needed. Phasing In Market Values We tried to keep things simple last time, focusing on the basic revaluation process and

17 Harwich Lane, West Hartford

Welcome to a bright, upgraded, end unit at the Tumblebrook Estates community. The first floor features a combination living room and dining room that opens to the kitchen. Hardwood floors, crown molding, fireplace, and French doors add to the character of the space. The oversized, eat-in kitchen has more than enough room for cooking and storage, with a breakfast area at the far end. A traditional foyer and updated powder room complete the level. Upstairs,

February Condo Contract Musings

Through the first two months of the year, buyer interest in condos has been relatively mild. The February data on contracts in Hartford County show that 26% fewer deals came together this February versus last. Overall, there is 8.6 months of supply, which by definition makes it a buyer’s market (6 months of supply is the threshold). Despite the relatively high inventory levels, the supply is not always distributed in the same manner as the