Bathroom Math is FUN-ctional

I often have people ask me, “What does 1.1 baths mean?” One point one baths means that the house has one full bathroom and one half-bathroom. Technically a full bath is supposed to have a tub, toilet and sink, while a half bath only has a toilet and sink. “Then what does 1.5 baths mean?” One point five baths also means that the house has one full bathroom and one half-bathroom. Agents do this funny

Why'd the Agent Do That?

I’ve been getting this question a lot lately. People explain a situation related to a real estate agent acting in a certain way, saying something, or specifically doing something and they say “Why’d the agent do that?” This doesn’t usually come across as a positive question. The inquirer is asking because they are miffed, annoyed, or exasperated with something that’s happened. I think I’m seeing this question asked more recently because the market is getting

Greater Hartford Real Estate Market Statistics- Quarter 3 2008

The wreckage from all of the bailout antics won’t show up in the real estate market statistics for a few months, but I have a feeling that the winter market is going to be starting a little early this year. How did the housing market in Greater Hartford fair in Quarter 3 of 2008? Not fantastic. Here’s the latest Single Family data pulled from the Multiple Listing Service (deemed reliable, but not guaranteed)… Observations… 1.

Pricing a Home – Price per Square Foot

Pricing homes is often more art than science. Some of the factors that play into a recommended pricing range are nearly impossible to measure or quantify. For example, how do you put a price on location? Everyone knows the old adage that the three most important factors in real estate are location, location and location. But how do you systematically assign value to such a complex quality? The practical answer is that we look for

The Right Offer Price

I’ve been showing lots of houses lately because in many cases buyers have much to choose from and they’re a little bit more hesitant about the market. The current financial situation is freaking people out, and rightly so in some cases. When we do eventually find “the one,” there is much more hand wringing about what to initially offer than there used to be. Some of my buyers take a low ball strategy, no matter