Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
We had an office meeting today and several agents in my office were commenting on how slow the market has been recently. I’ve noticed that the activity in the MLS has slowed in the towns that I typically monitor. So, this afternoon I decided to run some searches in the MLS to see how real estate markets in the Greater Hartford area are fairing. First, how is the current inventory level of homes calculated? The
After a long and quiet winter, the West End buyers have re-emerged to get the neighborhood real estate market rolling. Over the past couple weeks we’ve seen a number of homes go under contract, including properties on North Beacon, Cone and Elizabeth Streets. The significant difference between the winter markets in the West End and West Hartford has been interesting to watch. While the West End has been hibernating, homes continued to sell at a
Have you heard of the term “jingle mail?” It’s hipster lingo for someone mailing their house keys back to the bank and walking away from their home. A less amusing term is “ruthless default.” Calculated Risk has an interesting blog today that consolidates a few articles that cover a rising trend of people abandoning their mortgages and, subsequently, their homes. I saw an article last week that claimed that 10 to 15 million households may
Loyal readers and lurkers, I have a new listing that I’d like to tell you about. It’s located at 782 Asylum Avenue in Hartford’s Asylum Hill neighborhood. If you know anyone that’s looking for a nice condo near Downtown, please tell them about it. I’ll be having an Open House this Sunday, March 2 from 1:00-3:00. Feel free to stop by and learn more about it. It’s a 2 bedroom, 1.5 bath townhouse style, listed
The past two Sundays I have hosted open houses at two different homes in West Hartford. One was in Bishops Corner, the other was in the Elizabeth Park area. They were both fairly busy with 15 and 19 groups of people, respectively. The amount of pedestrian traffic was somewhat surprising given the fact that they occurred on both ends of the February school vacation week. The listing prices were in the ranges of $290,000-$330,000, right