My favorite mantra in residential real estate is “the market is local.” You can read all of the national news reports you want about how foreclosures are overwhelming Ohio and Michigan and how housing prices are dropping faster than Britney’s fan base. But if you live in an economy like Connecticut with a stable job market and reasonably paced home construction, you shouldn’t expect the sky to fall on the housing market. And after doing
Sorry for the delay with my observations regarding the West Hartford real estate statistics, business exploded over the past few days. That’s a good thing! After comparing the single family residential sale statistics for the second and third quarters of 2006 to 2007, there are some interesting notes, particularly after breaking it down by school district. Overall, the town of West Hartford has seen a 1.5% increase in MEDIAN sales prices (only in single family