Our 2011 Predictions

It’s the second half of January, and we haven’t even published any predictions for the year. Shame on us! The point of predictions is to get them out there early so that everyone has already forgotten about them by the time the real action starts. That way you don’t get egg on your face when the exact opposite happens. But if you get it right, then you can smugly point back to your calls and

A Decade of Hartford County Real Estate Transactions

Yes, we know we are dorks. You know we are dorks too and it doesn’t hurt our feelings if you call us that. And we also know that you like these data posts, so you are at least a little dorky too. Don’t worry, we won’t tell anyone… The local MLS that we are members of has been collecting data electronically since 2000. We thought this would be a good opportunity to do a data

David Panagore and Downtown Hartford

On Monday, September 27th, Hartford Young Professionals and Entrepreneurs (HYPE) is hosting an event focused on Downtown Hartford, and featuring David Panagore, COO and Director of Development Services for the City of Hartford. Mr. Panagore is a strong advocate for Hartford. He is leading the charge to encourage development in the capital city, and seems comfortable sharing information about projects that are under discussion, but by no means finalized. For example, just last week he

Comping Hartford: What is Hartford?

Pricing a house is all about using “comparable sales.” We always try to compare similar properties and the more similar the better. There is rarely a perfect match, but we can usually get pretty close. It seems to me that in evaluating a city we should be using a similar approach. When comparing our area to others around the country, we need to be comparing like to like. The current dust-up about Hartford being a

Vultures as Angels

There was an interesting article in last week’s Wall Street Journal about the success a hedge fund is having in modifying mortgages and keeping homeowners in their homes. The point of the article was to highlight a successful private market example of mortgage modifications, in this case a distressed investment fund, as compared to the highly publicized Federal programs like the Home Affordable Modification Program (HAMP). A key difference between the hedge fund’s strategy and