The cover story of today’s real estate section features an article titled That Empty Feeling about the impact of vacant homes on a neighborhood. The wide-ranging piece provides a lot of interesting and important information about homes that are considered eyesores. A critical point in the overall thesis, and therefore a focal point of the article, is the example of a dilapidated property that actually hurts the value of neighboring homes. Unfortunately, a very poor
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Here’s a quick look at how the Hartford County real estate markets performed last month. Closings in October reflect deals negotiated during the summer and fall depending on the amount of time between the contract date and the closing date. The data comes from the Connecticut Multiple Listing Service (CTMLS), which is deemed reliable but not guaranteed. Some Observations There was a wide range in the percent change in number of transactions for this October
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This afternoon the Federal Reserve announced the next phase of their strategy to stimulate the economy. Broadly referred to as Quantitative Easing 2, the plan involves printing a whole lot of money in order to buy long-term US Treasury Bonds in the markets. The Fed’s big picture goal is to reduce unemployment, and hopes that injecting more money into the economy will encourage businesses to begin taking risks to expand their operations (hire more workers),
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I went to the polls today, just like thousands of other Connecticut residents. As I approached my voting location, the Hartford Seminary, there were a couple of people that descended on me. One wanted to hand me a pamphlet and talk to me about voting the Democratic ticket. Another wanted me to change my Democratic votes in some cases to the same candidate, but running on the Working Families party line. I understand the importance
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The TODAY Show has moved us to Friday November 12, 2010.