Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
With the end of June came just about the end of the spring real estate market. So how did we do in the Greater Hartford area when comparing single family home sales in the second quarter of 2008 to the same time period in 2007? Take a look for yourself… All data came from the Multiple Listing Service for the time period of April through June (2007 and 2008) and is deemed reliable, but not
Property taxes are a sensitive subject in Greater Hartford. Just about every year there is a budget referendum in at least one local town as angry residents fight yet another property tax increase. The debate in some towns is more heated than in others (but we won’t mention any names). You may be happy to know that rising property taxes are a hot topic in other cities and states as well. An editorial in this
I recently received a few off-line comments about my recent post regarding real estate inventory levels in the Greater Hartford area. Remember, real estate inventory for a specific town is calculated by taking the current number of homes on the market in that town and dividing it by the number of closings during the previous month in that town, or some derivation thereof. In my calculation, I used February of 2008 to get the resulting
We had an office meeting today and several agents in my office were commenting on how slow the market has been recently. I’ve noticed that the activity in the MLS has slowed in the towns that I typically monitor. So, this afternoon I decided to run some searches in the MLS to see how real estate markets in the Greater Hartford area are fairing. First, how is the current inventory level of homes calculated? The