A View from the Field- Part 1

Every Thursday this month I’m making the drive from Hartford to New Milford in order to take a 30 hour appraisal class. This class is just about the last piece of the puzzle in order for me to get my broker’s license in January. The final piece is the broker’s exam. (More on that in a future post.) While I’d prefer less of a commute, one of the benefits of taking a class so far

Negative Feedback Loop – Mortgages vs Investments

The financial markets are in a difficult place right now, and the Federal government is working on a plan to intervene and hopefully stop the bleeding. Rather than trying to figure out who’s to blame, or speculating on what might happen next, I’d like to try to illustrate the negative feedback loop currently in place. Some observations: 1. Mortgage-backed securities are valued using computer models with numerous assumptions. The historical data used to generate the

Greater Hartford Real Estate Blog on WFSB's Face the State

I got a call last week from WFSB’s Dennis House. He said he reads my blog. Huh, okay. Then he asked me if I’d like to be a panelist on his Sunday show, Face the State. He was interested in interviewing Hartford bloggers about the state of Hartford, mainly the major issues and how to improve the city. Random. I’ve never been on TV before. Well, I was briefly on ESPN back in my undergrad

Interesting Article: Suburbia Comes to China

I received the latest issue of Fortune in the mail yesterday and there was a very interesting article about the suburbanization of China titled “Suburbia Comes to China.” Much of it was fairly disturbing, but still fascinating. I’ve tried to find a link to the story, but Fortune doesn’t appear to want to provide it. Hmm. So, if you have a chance, borrow a copy or buy a copy. When I have a little time

Saving the West End Trees

In my neighborhood of the West End of Hartford, we take trees seriously. Gigantic trees loom over many of the houses, providing shade in the summer, beauty in the fall, and homes for animals and birds throughout the year. Here’s a look at just a few of these beauties as I step out my side door… Sometimes the trees are cut down, usually for a variety of reasons; they get diseased, a storm damages them,