Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Touring a home is different now than it was up until early March 2020. Real estate in Connecticut never completely shut down, and agents quickly found common ground on how to make showings as safe as possible for sellers, buyers, and agents. The most important measure was to limit showings to only buyers who were actually serious about purchasing a home. Many consider touring homes to be a form of entertainment. Some like to see
As the chart above clearly shows, the month of April did not conform to traditional spring market trends. Instead of the surging towards peak activity in April and May, the 2020 market reversed direction and recorded fewer contracts than were observed in January. For those interested in the magnitude, April lagged the same month in 2019 by about 37%. Despite the reversal, on a year-to-date basis the County is only trailing 2019 totals by 2.5%
Earlier in the month I wrote about the sudden reversal in the number of listings when comparing 2020 to 2019. I have been tracking that metric on a weekly basis, and the results have been more of the same. The original chart that I used to illustrate the dramatic shift is probably no longer the best way to visualize what is happening in the market. There is now enough data since the 2020 market transitioned
The COVID-19 pandemic is serious, but people are still buying houses. In fact, the virus has made the pre-existing problem of too few homes available for sale even worse. It is not a bad time to sell, even with all the restrictions in place. Sellers able to accommodate showings actually have an advantage right now because inventory is so low in many price bands and sub-markets. Contract data from the first three months of 2020
This charming brick colonial is a quick walk to both Fernridge Park and West Hartford Center. You’ll appreciate the sunny interior, hardwood floors, and freshly painted spaces. A front-to-back living room with wood burning fireplace connects to a cheerful sunroom. The remodeled kitchen features plenty of storage and workspace, stainless steel appliances, and a dedicated desk area. It’s open to the dining room, perfect for entertaining and everyday use. An updated powder room completes the