Greater Hartford October 2009 Real Estate Market Statistics

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

2009 Greater Hartford Condo Review

All the data we typically look at is related to single family homes. But how are condos doing this year? I recently pulled the CT Multiple Listing Service data for condo sales in the Greater Hartford area. As with the single family home data, it’s deemed reliable but not guaranteed. Here’s how things are doing for the first 9 months of this year compared to the same time period for 2008… My Observations… 1. The

Greater Hartford Q3 2009 Real Estate Market Statistics

We’ve moved into the last quarter of the year and you can tell fall is here; the leaves are changing, it’s apple picking time, and I’m wearing long sleeves on my morning runs. How did the Greater Hartford real estate market do in the third quarter of 2009? Here’s the latest data from the CT Multiple Listing Service for single family homes, deemed reliable, but not guaranteed… My Observations… 1. The number of closed sales

You Snooze, You Lose

I had an agent call me yesterday regarding a listing I have that recently went under contract. They had a client that was interested in seeing the home, but realized it was under contract. The agent was calling to get a sense of how solid the transaction seemed, wondering if they should show the home to their client. I mentioned that I felt the contract was fairly solid, but they would be welcome to show

Multiple Offer Madness

I’m not exactly sure what is going on this spring, but my buyer clients seem to be multiple-offer magnets. And the properties we’re looking at aren’t necessarily hot, new listings. Some of the homes have been on the market for quite some time. One of the trends that I’m noticing with multiple offer situations in a “buyers market” is the fact that the properties aren’t necessarily going at or over asking price, even though there