Would You Sue Your Buyer's Agent?

There is an interesting article in the New York Times today about a buyer in California that is suing her buyer’s agent. Marty Ummel believes that her real estate agent hid information that similar homes in a neighborhood were selling for less, in order to keep a deal together and retain his commission. There are a lot of things at play here; the real estate agent was also the mortgage broker (which to me seems

More on Seller Concessions

Oh Lordy. That was my reaction when I read the title of the Hartford Courant’s front page article on Sunday, Truth About Home Prices. Most troublesome were the comments posted online by Courant readers. I could feel the venom oozing out of my laptop. It seems like there are a number of misconceptions out there about seller concessions. A few observations after reading both the article and reader comments… 1. The MLS covering the Greater

Bodies Revealed- Hartford's Limited Engagement Science Exhibit

If you’re eating breakfast, you might want to finish up before you read this post. You may have seen the billboards around the area for Bodies Revealed. It’s a somewhat graphic human form, cut in half, skin pulled away revealing muscles and organs. Kind of invokes the reaction of “Eeewwww…” from most of us. Well, I put my queasiness aside this weekend and went to check it out. If you have any interest in science,

Will Farmington Buy Krell Farm?

This Thursday, the residents of Farmington have an important decision to make regarding the future of the Krell Farm. The town is holding a special referendum vote, allowing residents to decide if the town should buy 90 of the farm’s 98 acres for $6.75 million, which will preserve the land as open space. If Farmington’s residents decide against buying the acreage, a developer will most likely step in and buy the land, at a much

Profile of a Young Local Developer

By age 24, most people have settled into the “9 to 5” and have an initial experience with working life. Every so often you find someone who has taken a non-traditional path and seems to be blazing new ones. This week I met with one of these refreshing individuals, real estate developer Pete Marsele. His first major project, Woodland Lofts, was announced earlier this week in the Hartford Business Journal. So how did Marsele, who