Technology, Real Estate and Me

Note: This post is written by the Luddite, Amy. I’m of the generation that started using computers in grammar school. I died more than once from dysentery while playing Oregon Trail. I’m sure many of you fine readers suffered similar fates. After college I worked for IT consulting firms. Again, surrounded by technology. I used to transfer data from legacy computer systems to whatever new, spiffy software my company was installing. Thrilling, I know. Today

Who’s Listening?

We had some company visiting us this week and I thought it would be a good idea to go get some fresh Connecticut peaches that we could all enjoy during their stay. Most of the South Glastonbury orchards open at 8am so I hopped in my car bright and early, with the kid, and headed across the river. Traffic was light and we made very good time. The farm stand at Belltown Orchards wasn’t open

More on Demographics and Real Estate

Below is another article about demographics and other real estate trends that builds on the research of Arthur C. Nelson. It came to my attention after being posted by City of Hartford COO David Panagore. This continues on the themes of Mr. Condon’s piece from Sunday and our take on specific neighborhoods that may benefit from the market shifts. I’ll be honest, I couldn’t get through the whole thing in the first sitting, but when

Boomers Boomerang Back into Town

This Sunday’s Hartford Courant had an interesting piece by Tom Condon titled “Subdivisions On Way Out?” It is definitely worth a read if you were focused on other things yesterday, like spending time with your mother or enjoying the beautiful weather. The basic thesis is that a confluence of trends will lead to more large houses for sale in the suburbs than buyers who will be interested in purchasing them. Supply will come from the

Mortgage Terms Moving Against Buyers

Interest rates and down payment amounts are both trending upwards, according to recent articles on the current state of home mortgages, potentially reducing the purchasing power of buyers. After bottoming out around 4.25% last fall, mortgage rates for 30-year fixed-rate loans have recently moved above 5% for the first time in about a year. Commentators observe that rising rates will cause some buyers to rethink the advantages of home ownership, but generally conclude that they