Most of our ongoing analysis of the real estate market is focused on contract data. We like to track contract data because it represents an important milestone, it is more immediate than closings, and it is a strong predictor of closings. But at the end of the year it is also interesting to take a look at the closing numbers since those data points have a meaningful price associated with them. In 2012 the number
Don’t miss this West End gem! Welcome home to a classic Victorian with amazing architectural details, all in excellent condition. The front porch invites you up to the main entrance with a paneled original door. Inside, an open foyer greets you with a comfortable space that includes intricate natural woodwork. The living room features an ironspot brick fireplace and the first of several bay windows. A built-in cabinet and stained glass window anchor a large
These are fuses for the electrical system of a house. Most homes that you see these days have been updated to circuit breakers, so finding fuse boxes becomes less common each year. It’s okay to want to buy a house that has fuses, but you should plan for them to be upgraded. Perhaps you’ll be able to convince the seller to deal with them before the closing. That’s unfortunately not always possible though, so just
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
Two previous articles about the Historic Homes Rehabilitation Tax Credit have generated a number of questions. We have gathered the most common and reached out to an expert to get the best answers possible. Hopefully this will point you in the right direction if this program is relevant to you… What is the Historic Homes Rehabilitation Tax Credit? We’ve written two versions of the overview. The first was in 2011 and focused on the nuts