Taking Advantage of Low Inventory

2020-12-06 Taking Advantage of Low Inventory

Opportunities often arise when a market is out of balance. Right now the real estate markets are severely out of balance with far more demand for housing than supply. Part of our job as real estate advisers to highlight and explain these opportunities. Sellers currently have the upper hand in the market, and therefore the opportunity. However, slight variations in the current environment mean that this is a more valuable opportunity for some owners than

November Contracts: Slowing Down

2020-12-02 November Contracts

November was busy, with 839 single-family contracts in Hartford County, but is was much less busy that the previous six months. I’m most interested in exploring why November dropped off so much from October. We had a big election in November. Did you know that? Well, we did. And it’s possible that everything surrounding the election caused people to take a step back to understand the outcome. Most of us have had a good handle

October Contracts: A Fall Bounce

No Zoom Room

Who says that the market cannot have a fall bounce even though the late summer was extremely busy? Hartford County finished October with 1,133 contracts, which was a modest uptick from the September 2020 total and a huge 45% increase over October 2019. To put this result in context, the previous busiest October was 812 contracts in 2018. And not counting 2020, the previous all time busiest month was 1,125 in May 2019. Last month

126 Westerly Terrace, Hartford’s West End

126 Westerly Terrace, Hartford

Don’t miss this gracious stucco and timbered Colonial with 1920s character! A portico with oversized door opens into the main entry and turned staircase. A front-to-back living room features a fireplace with stone surround and detailed mantle. French doors lead to a den with another fireplace, built-ins, and access to a covered patio and the back yard. The oversized dining room has a recessed alcove perfect for a buffet, while the bright kitchen includes a

88 Goodwin Circle, Hartford’s West End

88 Goodwin Circle, Hartford

Welcome home to this updated Ives townhouse, overlooking the woods at the popular Goodwin Estate. The main level features an open plan with hardwood floors throughout. The living area has a slider to the private deck, a dedicated dining area, and a kitchen with eat-in space, stone counters, 48-inch cabinets, and stainless appliances. A powder room completes the first floor. The finished lower level is an oversized entertaining room with radiant floor heating, a climate-controlled