I’m not exactly sure what is going on this spring, but my buyer clients seem to be multiple-offer magnets. And the properties we’re looking at aren’t necessarily hot, new listings. Some of the homes have been on the market for quite some time. One of the trends that I’m noticing with multiple offer situations in a “buyers market” is the fact that the properties aren’t necessarily going at or over asking price, even though there
Last weekend we turned our clocks ahead an hour for Daylight Saving Time. This week it might be taking you a little bit longer to get out of bed in the morning, as you try to catch up on the hour “lost” and readjust to the renewed morning darkness. But I think most of us are more than willing to trade a few sleepy mornings for the additional hour of daylight in the evening hours.
Before I officially start working with a Buyer I often meet with them for a no-obligation consultative session. It’s really a two way interview. They have an opportunity to pick my brain about the market, the buying process, and me- my work style, my philosophy about home buying, and my life outside of work. Similarly, I am asking them questions about their interests, their thoughts about buying, and what they’re looking for in a home
February just ended so it’s time for some more real estate statistics for the Greater Hartford area. As always, data comes from the CT Multiple Listing Service, is deemed reliable but not guaranteed, and is for single family homes only. My analysis follows after the chart… My observations… 1. Just like January, there were so few transactions in some of the towns that this data is not very statistically relevant, particularly the Median Sale Price
As a real estate agent, one of my responsibilities is to assist both buyers and sellers with negotiations. This is usually one of my favorite parts of the job because it entails doing research, providing advice, and formulating positions and strategies for my clients. Then I have conversations with the other party’s agent to see if we can get the buyer and seller to come together. Sometimes it works, sometimes it doesn’t. Because real estate