Rising Mortgage Interest Rates

Mortgage rates have been on the rise over the past couple of weeks. They have been the subject of numerous articles, but authors rarely take the time to translate the increase to something we can all understand – an actual cost in dollars. Let’s fire up Excel! We’re going to look at homes at two price points; a starter home at $250,000 and a mid-level home at $500,000. Both are very common in Greater Hartford.

West Hartford Budget Defeated

Less than 30% of West Hartford’s eligible voters turned out yesterday to vote on the Budget Referendum. Sad. The budget was soundly defeated, as 73% of those that did vote sent the message “Nice try, but go back to the drawing board, we don’t want to be taxed this much.” So now the question is “What exactly will be cut in order to reduce the budget?” Education will most likely be the main target, as

Water in the Basement- Now What?

This week I went to preview a house for some clients. They indicated interest, so rather than waste their time, I went to check it out to see if the floor plan would meet their needs. The house is in a very desireable neighborhood in West Hartford. I walked around the first floor and the layout seemed to meet their needs. So far, so good. Then I checked out the upstairs. Good sized bedrooms and