Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Suppose a home came onto the market late one afternoon, received an offer that evening, and went under contract a day later. Is this a good outcome for the seller? At first glance it seems like it probably is – they resolved their uncertainty quickly, and by accepting right away they presumably got an attractive price. But maybe the fact that the first offer came in immediately suggests that the home is underpriced. And maybe
You’re ready to sell your house and you’ve met with your agent to go over their pricing recommendation and marketing plan. The agent feels your house would be competitive in the market if it was priced anywhere between $290,000 and $300,000. So what do you choose as a listing price? There are lots of options, but the most popular choices in this situation would most likely be $299,000 or $299,900 or $300,000. One aspect of
I recently listed this move-in ready, 2 bedroom, 2.1 bath, 1,660 sqft townhouse condo in Farmington. The home is located in the gated Tunxis Village community just west of the river and adjacent to both the Tunxis Plantation Country Club and the Devonwood Community, and close to Winding Trails. The condo features an updated, eat-in kitchen with plenty of cabinet space, a living room with fireplace, and a private slate patio. The two spacious bedrooms
Yesterday I was preparing my data for the May real estate market statistics post and this morning the Courant had an article about housing prices for the state as a whole. While aggregating the state as a whole is good for a macro economic perspective, your average Joe and Jane are more likely to be concerned with what’s going on in their town or the few towns surrounding where they live, as that’s what’s affecting
The Housing and Economic Recovery Act of 2008 changed the tax rules around the sale of primary residences in a way that has not been widely discussed. Homeowners may no longer be able to claim a full $250,000 (or $500,000 for married filing jointly) capital gains exclusion for a primary residence despite living there for 2 of the past 5 years. The new rules, which went into effect at the beginning of 2009, still use