A few weekends ago I was running an open house in West Hartford. The traffic was pretty steady and most people seemed to react positively to the home. About a half hour in, a buyer came up to me and asked me if they could give me money to hold the house for them. Excuse me? A deposit. They wondered if they could give me a deposit to hold the house for them. There seemed
Continue Reading
Great, thanks for meeting me at this house, I’m glad we were able to take the tour. Now that I showed you the house, you have to sign this contract. It says that I’m your real estate agent, that we’re going to be working together to find you a home. Go ahead and sign it now. You’re mine. An FYI to buyers … just because a real estate agent tries to get you to sign
Continue Reading
The 2012 Hartford County single-family real estate market finished the year strongly. Which really wasn’t a surprise since it had consistently shown an increase in activity throughout the year. The final count shows that the number of contracts for December was up about 10% over the previous December. This wasn’t as much market growth as we had seen in past months, but the strangeness that occurred at the end of 2011 makes the year-over-year comparisons
Continue Reading
The magical 2012 cap on real estate contracts extended through June, with another month at virtually the same number as March, April and May. The consistency is an odd result, and forced me to rerun the analysis to make sure it’s right (which it seems to be). 732 Hartford County single-family contracts came together in the month of June, which was just over a 21% increase from June of 2011. The first half of 2012
Continue Reading
Single-family homes in Hartford County continued to be snapped up in March. The month continued the very strong pace from January and February, with a 30% increase in the number of homes that went under contract compared to March 2011. The month was only slightly behind the tax credit fueled binge that we experienced in March of 2010. Each town is a little bit different, but the hot towns are super hot. Just look at
Continue Reading