Hartford County real estate markets finished May with basically the same number of single-family deals as March and April. Looking at the chart below, one might think that the market has hit some sort of speed limit or something. Why haven’t we broken through the ceiling of about 750 deals per month? The only month on the chart with a higher total was April 2010, which was the deadline for collecting the Federal Home Buyer
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Now that our gardens are established, I think it’s time to add some lawn ornaments. Class up the yard a bit, you know? We spent a day at Brimfield a few weeks ago and found some real quality contenders. Who can say no to the Colonel-as-Weathervane? Or gigantic orbs? Gnomes and bunnies? Ah, perfection. A five foot tall Puss in Boots. Because one can never get too much Puss in Boots. I suggested to Kyle
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It would seem that I like fences. Our small lot is covered with them – some that we inherited and others that we have added. We have a fenced area in the front of our house and a separate area on the side. And within the fenced areas there are even more fences. These are smaller, and mainly to keep the dog out of the gardens, but still, a fence is a fence. Fences are
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When I was a kid, stacking dominoes was a favorite pastime for rainy days. Make intricate patterns, twists and turns, jumps. It was entertaining to see just how long you could make the chain and watch one knock down the next. These days I work with a different kind of domino; Domino Deals. That’s when there is one transaction that is dependent on another moving forward in order to happen. For example, a buyer wants
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A while back we talked about how appraisals can impact a deal. A new twist is that buyers have recently been making their offers more attractive by voluntarily removing the appraisal clause. They take the risk that the appraiser finds that the “value” of the home to be less than the contract price, and they have to bring more cash to the closing. Today we’re going to quantify that risk. Banks require appraisals to help
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