Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Hartford County single-family home sales continued to be strong in June, with about 2.7% more deals than in June of last year. June is usually a transition month for the real estate markets. It is rarely the peak of activity, but it’s not a slow summer month either. Buyers continued to be engaged all the way to the end of June, and even into the first few days of July. At this point it’s not
Hartford County finished May of 2014 with 907 single-family contracts, a late spring spike in activity after a slow start to the year. The 907 May total is a 6% increase over the count in May of 2013. It also begins to close the year-to-date gap that had build up over the first four months of the year, leaving us only 3% behind through May. This month’s total is also the highest count for an
Yesterday a study originating from the Haas Institute for a Fair and Inclusive Society at the University of California, Berkeley began making the rounds through the media. Here is the full document. The report identified Hartford, CT as the city with the “Highest Incidence of Negative Equity” in the entire country. They found that 56% of Hartford homes are underwater, meaning that the owner owes more on their mortgage than the home is worth in
Hartford County registered 780 single-family contracts in April of 2014, compared to 845 during April of the previous year, a more than 7% decrease in activity. Four months into the year, the chart appears to be showing a typical seasonal distribution with simply fewer deals than in 2013. This suggests that there is nothing unusual going on in the market, it’s just slower than it was last year. As previously discussed, there has been a
I really enjoy watching a creatively placed set of dominoes fall down piece by piece. There’s a rhythm and organization to it all that is very appealing … I find it calming. Mind you, I’m not the one to set them all up, but that’s a different story. Real estate can be like knocking over dominoes. When people want to move within a town, they often will have to sell their existing home in order