Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Pricing a house is all about using “comparable sales.” We always try to compare similar properties and the more similar the better. There is rarely a perfect match, but we can usually get pretty close. It seems to me that in evaluating a city we should be using a similar approach. When comparing our area to others around the country, we need to be comparing like to like. The current dust-up about Hartford being a
Last week we gave an overview of the 2011 City of Hartford revaluation. Here’s the revaluation schedule for the rest of the towns in the County. 2010: none 2011: East Hartford, Enfield, Hartford, Manchester, Marlborough, Newington, Plainville, Southington, West Hartford 2012: Berlin, Bristol, East Windsor, Farmington, Glastonbury, Granby, New Britain, Simsbury, South Windsor 2013: Avon, Burlington, Canton, East Granby, Rocky Hill, Suffield, Wethersfield, Windsor, Windsor Locks 2014: Bloomfield The process is basically the same everywhere.
We’ve been showing a lot of houses over the past few weeks. And it seems like there just isn’t anything out there for buyers. What do the inventory levels of single family homes in various towns in the Hartford area tell us? All of the data used to develop this chart came from the CT Multiple Listing Service and is deemed reliable but not guaranteed. We looked at the number of homes currently for sale
For last month’s market statistics post, I made this statement…”It will be interesting to see the results of November, as I feel they will also show an increase over last year as people try to jam in their closing by the November 30 $8,000 first time buyer tax credit deadline.” This was of course before we knew that they would be extending the first time buyer credit beyond November. So how did the closing numbers
October is closed out, so here’s the latest data from the CT Multiple Listing Service for single family homes, deemed reliable, but not guaranteed… My Observations… 1. Overall, the number of Closed Sales are up again, 2.6% this month, when comparing to October 2008. It will be interesting to see the results of November, as I feel they will also show an increase over last year as people try to jam in their closing by