Sales in Hartford County soared in the second quarter of 2010 versus the second quarter of 2009 thanks to the Federal Home Buyer Tax Credit. Median prices were up modestly over the year-previous quarter. Median days on market fell meaningfully, reflecting the frenzied pace of the County’s residential real estate market as the tax credit overlapped with the traditional spring market. Single-Family Homes Second quarter sales of single-family homes increased 23.8% compared to the year-earlier
So you’re looking for a home and you want a real bargain? You’re not interested in a fair price, or even a good price, you’re talking about a real steal, right? Join the crowd – there are a lot buyers out there just like you. Unfortunately, bargain hunters have a number of misconceptions about the current real estate market. Today we’re going to examine a few of the surprisingly common myths. Myth #1: You can
Kenneth Gosselin’s piece about the Bank of America building in today’s Courant noted that the owner of 777 Main Street had considered converting some of the building to condos in 2006, and ended with a quote making it clear that a residential conversion was back on the table. Although the current situation can be viewed as a loss for the City – nobody wants to see a business downsizing – it can also be seen
Hartford County’s housing markets saw an increase in the number of closings in the first quarter of 2010 versus the first quarter of 2009. This continued the positive momentum from the second half of 2009, but is still well below the sales pace from the early and mid 2000s. Median sales prices were up slightly, while median days on market fell sharply. Single-Family Homes First quarter sales of single-family homes increased 16.4% compared to the
Another spring Sunday has passed, and with it another round of open houses. We have been hosting them regularly over the past month and have noticed that as soon as people get inside, they begin to have memory problems. Everyone that comes to our open houses is asked to sign-in. Our goal is to have an accurate count of the number of people that visited the property, and a way to follow up if needed.