Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
The Hartford County single-family home market opened 2019 with 604 contracts in January. The total matched last January’s deal count almost exactly, and set the stage for another strong year in the real estate market. It is far too early to even consider looking at town-by-town trends in detail. We typically don’t even try to interpret the nuances of the market until after the majority of the spring market rush has passed. At this point
Have you ever seen properties advertised as “Coming Soon” either online or with a sign in the yard? That type of pre-market promotion has been like the Wild West for agents. Individual agents each handled it a little differently since there was no real guidance. There were many misunderstandings, and some questionable practices, as both agents and buyers struggled to understand what “Coming Soon” meant on a property-by-property basis. Although most agents promoted their listings
Tiny houses pop up in my life at a frequency that far exceeds my actual real-life experience with that particular type of housing. I’ve never seen one in person, and I have no desire to live in one. The closest I’ve come to a tiny house is touring an 1800s camp on Martha’s Vineyard. I see tiny houses in the news and on TV all the time. I talk about them at family gatherings because
I’m perplexed. It appears that money available to be earned in Hartford is less valuable than money that can be earned in West Hartford. Even though that goes against the basic idea that a dollar is a dollar. We have a 2-unit building for sale in Hartford that is quite close to the West Hartford town line. For those interested in the specifics, it’s at 307 New Park Avenue, which is across the street from
A finance guy paid $238 million for a large apartment at the top of a building overlooking Central Park. The CTMLS says that the total cost of the 687 residential properties (single-units, multi-units, and condos) that sold in Hartford in all of 2018 was $109.3 million. This comes out to about $159,153 per property. West Hartford, which has the most active residential market in this area and strong prices, was able to top that one