Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
So it’s been a few weeks since the buyer credit expired on April 30th. How’s the market doing now? Crickets. Can you hear them? This graph shows the number of contracts written for residential properties in Hartford County. Data is grouped by week and comes from the Connecticut Multiple Listing Service, which is deemed reliable but not guaranteed. 2004 was selected as the comparison year for three reasons: 1. The days/dates match up with 2010
As of the first of May, the Federal Home Buyer Tax Credit is no longer part of the American residential real estate landscape. The incentive took various forms since it first went into effect in April of 2008, offering cash to both first-time buyers and existing home owners. Looking back, two questions immediately come to mind. How did the credit impact the markets over the past few years? And how will the credit continue to
The West Hartford real estate market feels like it’s moving very quickly these days. We’re especially noticing it since we have many buyer clients looking in the town and because the town is traditionally the most active real estate market in the county. It is common to see new listings sell in a couple of days if they are priced right, and we’ve been seeing multiple offer situations on a regular basis. Despite the bidding
Last weekend I did a Home Buying Workshop at the Connecticut Convention Center in conjunction with the CT Home and Remodeling Show. It was a very interactive discussion, and attendees asked many interesting questions. Here are two questions we covered that will hopefully be relevant to a larger audience: How do I find out about open houses? There are a few places to check to find out about the open houses in the Greater Hartford
I’ve been working with a lot of first time buyers this year. Many of them have been motivated by the $8,000 first time buyer tax credit that the government is offering. A good number of them have already closed on a property and are set to receive their refund next year when they submit their Federal Income Taxes. Some of my buyers are still looking though. They are waiting for the right house. Or they