August Contracts: The Unstoppable Market

August was another strong month for Greater Hartford real estate, with little decline in activity from July. The CTMLS shows 679 single-family deals coming together during the month, which is an increase of 27% over last year. Year-to-date the County is 24% ahead of 2011. The market is not really unstoppable, of course. It will slow down over the winter months following the traditional seasonal cycle. The question is more about when buyers and sellers

Reading Gen Y Tea Leaves

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

Fall Walking Tours

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

Condos: Advantages and Disadvantages

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