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,
Of all the real estate market data that Amy reported last week, the decline in median home prices in Glastonbury really grabbed my attention. To quickly recap, the first quarter of 2009 saw 33% fewer transaction (43 vs 64), and a 19% decrease in median home price ($310,000 vs $382,500). Only 4.7% of the transactions were distressed properties (the lowest of all the towns). Glastonbury had held up quite well relative to other towns in
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
Most towns require homeowners to get permits for their alarm systems. Unfortunately, this is not a widely publicized fact and many homeowners learn the hard way. The City of Hartford, as an example, requires that alarms be registered annually. There is a $15 registration fee. The process is not difficult, homeowners simply need to fill out a one page form and mail it to the Department of Emergency Services & Telecommunications. All of the information