Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Yesterday I was preparing my data for the May real estate market statistics post and this morning the Courant had an article about housing prices for the state as a whole. While aggregating the state as a whole is good for a macro economic perspective, your average Joe and Jane are more likely to be concerned with what’s going on in their town or the few towns surrounding where they live, as that’s what’s affecting
More numbers today. We’re through April, so it’s time to look back and see how the market fared last month compared to the same timeframe in 2008. All data comes from the CT Multiple Listing Service, is for single family homes only, and is deemed reliable, but not guaranteed. My observations… 1. Just like January and February, there were so few transactions in some of the towns that this data is not very statistically relevant,
It’s April and the first quarter of 2009 is behind us. That means it’s time for real estate market statistics for the Hartford area. I’m going to tell you that while I was compiling this information last night, it was not giving me the warm fuzzies. In fact, it was making me feel a little sick to my stomach. The numbers are less than stellar. But they are what they are, so let’s take a
Short sales are becoming more common these days, whether we like it or not. A short sale occurs when the sale of a property will not generate enough proceeds to cover what the seller owes their mortgage lender(s). Offers on short sale properties must be approved by the seller’s lender before they can be officially accepted. And when a short sale property is listed in the Multiple Listing Service, the agent must call out language