Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
The Federal Reserve Board announced a further 0.25% cut to the closely watched Federal Funds Rate yesterday, bringing the short-term interest rate down to 2.00%. More importantly, they also signaled that this would be the last rate cut for a while. As has been discussed in previous posts, mortgage rates have recently been moving in the opposite direction as the Federal Funds Rate. Mortgage rates are long-term and are very sensitive to inflation expectations. The
Property taxes are a sensitive subject in Greater Hartford. Just about every year there is a budget referendum in at least one local town as angry residents fight yet another property tax increase. The debate in some towns is more heated than in others (but we won’t mention any names). You may be happy to know that rising property taxes are a hot topic in other cities and states as well. An editorial in this
Yesterday the Hartford Courant published an article related to the number of single family homes for sale (housing inventory) in the Greater Hartford area. The majority of towns appear to be a buyer’s market, with more than 6 months of inventory available. But what about the number of single family home sales and the median price for the same timeframe? Here’s the data, taken from the multiple listing service (deemed reliable, but not guaranteed)… As
I wish it was a day at the park … but there is no park where I can play with other dogs! Hello all, Libby here. I’m making Kyle write about our exciting trip to West Hartford Center in hopes that you will also support a town dog park. The event was organized through the West Hartford Dog Park Coalition, and noted by Amy on Friday. Dogs of all sizes, and their people, paraded through the
Libby told me this is Fabulous and I have to post it. I’ve talked about the West Hartford Dog Park committee before. They are moving faster than a dog on the scent of bacon! The group will be hosting several dog walks to promote the idea of a dog park in the community. The first official walk with be this Sunday, April 27, starting at 1:00PM. Please meet at 7 Arapahoe which is located just