Greater Hartford January 2009 Real Estate Market Statistics

One month ends and another begins, so that must mean it’s time for some more real estate statistics for the Greater Hartford area. As always, data comes from the CT Multiple Listing Service, is deemed reliable but not guaranteed, and is for single family homes only. Here is the data and let me just say the results are not pretty. My analysis follows after the chart… My observations… 1. First off, let me just warn

Your Client Has a Gas Problem

Last week I scheduled a condo showing for a buyer client. I arrived first and I went in to open up and turn on lights. When I stepped inside, I noticed the smell of natural gas. The furnace and the hot water heater, both hooked up to natural gas, were in a closet by the front door. The condo was vacant. I waited for my client to arrive. When they walked in the door the

I Love My Table

Buyers have different “deal breakers” when it comes to searching for the right house. Sometimes they must have a garage. Sometimes they need a fourth bedroom. Sometimes the yard has to be a certain size. And sometimes they just need to find a dining room large enough to hold their dining room table and 10 chairs. The last “deal breaker” might seem like a unique one, but it’s really not uncommon for buyers to pass

National Real Estate Stories

It’s been a big day for real estate in the national news. The Wall Street Journal had three articles that caught my eye. And then Case-Shiller data was also announced this morning. First was the front page piece titled Price Cuts Spur Home Sales. December existing home sales data was released on Monday. The market had expected another month-over-month decrease after November’s 9.4% drop in the number of transactions. However, the December report showed a

Pop Quiz! Who Decides Where You Live?

Who decides where you live? A. Your real estate agent B. Your parents or some other relative C. Your friends D. Your co-workers E. You The correct answer to this question is E- You, but sadly I see options A, B, C, and D occurring quite often. This really isn’t how it should be, but sometimes it’s the reality. Here’s how it happens… Your Real Estate Agent Your real estate agent should be a wealth