The attitudes and habits of Generation Y will determine the future of the American real estate market (and most other areas of our economy). They have different feelings and priorities when it comes to housing than previous generations. Members of Gen Y have been particularly hard hit by the choppy economic conditions that have dominated since the early 2000s. The Atlantic recently published a piece called The Cheapest Generation and the subtitle “Why Millennials aren’t
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Walking tours are available in different areas of Greater Hartford this fall. We’ve been on a few over the years and have enjoyed each of them. Here are some local walks that might be worth checking out. Hartford Preservation Alliance Sisson-South Whitney Neighborhood: Sat 9/8/2012 at 10:00 Hartford Hospital District: Sat 9/22/2012 at 10:00 Old North & Spring Grove Cemeteries: Sat 10/13/2012 at 10:00 Check out the Hartford Preservation Alliance Fall 2012 walking tour schedule
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Ellen and I encountered this Lego version of the Mark Twain House in a recent visit to the airport. I’m sad to report that her first impulse was to glide under the rope and begin deconstruction – guess we need to work on her preservationist instinct.
We have previously noted that condos are different than other types of real estate without getting into the how or why. The main difference is that you, as the owner, do not have sole discretion over your property. Individual condominium units are part of a larger community. You have to follow its rules and pay a monthly homeowner association fee (HOA) to support the shared services and amenities. There are good reasons to choose a
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Condominiums are currently out of favor with buyers. The number of closed condo sales in Hartford County fell about 57% from its peak in 2005 to 2011. There are many reasons why the number of condo deals has fallen so dramatically. Much of the decline can be attributed to a change in buyer sentiment, which has also impacted other property types. In the mid-2000s everyone wanted to buy a home because real estate was all
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