Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
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
Our local MLS added two fields to denote distressed sales back in 2008. As with most new things, the fields were not immediately and uniformly adopted by the thousands of individual agents in the area. Now that they are widely used, we can begin to look at the level of distress in our local markets using the CTMLS database. At the big picture level, it appears that distressed single-family homes and condominiums sales represented about
For the first time since February, the number of single-family homes that went under contract dipped under 700 for a month. July saw 685 contracts come together providing our first evidence that the real estate market may actually take a breather over the summer. July felt surprisingly busy to us – especially the first half, which seemed like a continuation of June and the spring market. We expected the calls and emails to slow down
This grand brick home is a quintessential Victorian, from the intricate architectural details to the two parlor layout to the clever use of spaces. It offers 7 bedrooms and 4 full bathrooms over 4,705 square feet. Natural woodwork, three hand carved arches and four stained glass windows adorn the connected public rooms of the first floor. The kitchen features the oversized original sink, a butler’s pantry and dry goods pantry. Completing the level is a
Most real estate agents are self-employed. And when you’re self-employed, it’s sometimes difficult to go on vacation. While a real estate agent can usually find an agent from their office to cover for them for a few days while they’re away, the covering agent doesn’t really know their clients and the clients don’t really know the agent covering. There is something missing on the comfort-level front. Typically both sides can suck it up for a