Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Here are some real estate statistics for Single Family Homes for sale in the Farmington Valley, as of today… As a buyer or seller, this data should help you understand if you have a lot or a little competition in your price range. Average days on market for Avon, as of today, is 57 days. Average days on market for Canton, as of today, is 122 days. Average days on market for Farmington, as of
Interested in selling or buying a house or condo in West Hartford? Here is the latest market data as of today… Average Days on Market for a single family home in West Hartford is 61 days, as of today. If you’re a seller in the price range of $351K-$400K, you don’t have much competition. If you’re a buyer in this price range, be ready to see houses as soon as they come on the market.
When the real estate market slows and inventory grows, setting the listing price of a home becomes critically important. “Chasing the market” is a situation no homeowner wants to be in, but many set themselves up for this everyday. Think about it. People hire real estate agents to help them price, market, and sell their homes. Why is it that so many homeowners disregard their agent’s pricing advice, which is based on hard sales data,
Earlier this week, AG Richard Blumenthal asked state legislators to form a review board that would deal with condo association complaints. Apparently, Blumenthal’s office has received hundreds of complaints from condo owners across the state that claim their association’s governing boards are blatantly violating state laws or their association’s bylaws. The board would be used to act as a mediator between condo unit owners and condo association officials. The Courant’s Consumer Watchdog put in his
I read this article in the New York Times this morning and I’ve been thinking about it for a good part of the day. Short synopsis: not only were lower income home buyers sucked into adjustable rate mortgages and equity stripping, but so were higher income individuals. *gasp* A few examples were given where “real estate consultants” and a lawyer were able to re-negotiate their mortgage terms with their lenders. Either their loans were refinanced