Real estate activity in West Hartford feels like it has really picked up over the past few weeks. Agents are buzzing around like busy bees, and houses are going under contract. We’re seeing some homes sell very quickly after they are offered for sale, and we’re seeing multiple buyers compete for properties. There is clearly still broad interest in living in West Hartford. I was curious to see if the data supported our “feel” for
I recently listed this stately Georgian Colonial at 1578 Asylum Avenue in the Elizabeth Park neighborhood of West Hartford. As you walk into the spacious foyer, you’ll see that this architectural gem is a wonderful home for entertaining. On the first floor, the oversized formal living room and dining room accommodate large gatherings. The eat-in kitchen and butler’s pantry provide ample space for your culinary needs. A sizeable family room off the back of the
I reviewed my files this weekend and I’ve represented clients in 7 multiple offer situations this year, 2 assisting sellers and 5 assisting buyers. That’s quite a few for what is supposed to be a “slow” year. The one common thread for all of these properties was that they were well priced. Some of them were priced well right out of the gate. Some of them got to the eventual right price via price reductions.
It was a busy time in my little world this week. Four of my buyer clients wrote contracts on properties. Two were accepted, one is still pending, and another was rejected. Again I was involved in more multiple offer situations. Each of the situations had 3 buyers that wrote offers. Eh. They seem never ending this year for some reason. Next week I’ll write a series of posts about multiple offer situations and how they
It’s April and the first quarter of 2009 is behind us. That means it’s time for real estate market statistics for the Hartford area. I’m going to tell you that while I was compiling this information last night, it was not giving me the warm fuzzies. In fact, it was making me feel a little sick to my stomach. The numbers are less than stellar. But they are what they are, so let’s take a