Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Everyone and their uncle seems to be offering their thoughts and predictions for the national housing market in 2008. Let’s take a look and see how West Hartford did when comparing 2006 to 2007. Because, as we all know, housing is local. This is not Phoenix or Vegas or Miami. All data was pulled from the Multiple Listing Service (insert the standard “deemed reliable but not guaranteed” disclaimer here…) and represents single family homes sales
One of my favorite houses on Prospect Avenue in West Hartford recently sold. I typically walk by it on a daily basis while walking my dog. Well, in July, it went up for sale. It was bank owned and being sold As Is, originally listed at $769,900, which was about $100 a square foot. Not bad considering that houses on Prospect Avenue typically sell for $150-$225 a square foot. I went to take a look
You’ve looked at a lot of houses. Finally, there is one that meets your needs and you’ve taken the plunge. Your contract was accepted and now it’s time for the inspection phase. The market has changed from the feeding frenzy of a few years ago when buyers were lined up waiting for your deal to fall through so they could pounce. Now, in most cases, sellers are lucky to have you stepping up to the
You’re a seller and (finally!) someone wants to buy your house. You’ve got an accepted contract. Congratulations, you’re past the first hurdle in this slow market. Now it’s time to move on to, potentially, a more difficult phase- the home inspection. When inventory is high and buyers have a lot to choose from, the ball is in the seller’s court to try and keep the deal together through inspection. Here are a few hints as
Most importantly today, please go vote. You have until 8:00PM to get to your local polling place. So get a move on if you haven’t already… Now, back to real estate topics. If you saw the lead article in the Hartford Courant today, you might think the sky is starting to fall on the local real estate market. This September was a slow month historically for sales and it’s going to take several months to