Dear Amy and Kyle, I hope you had enjoyable holidays. Based on the number of parties you attended and all of the comings and goings I saw and heard about, it seems that you were festive and merry. Good for you. Recently I’ve been listening to you banter back and forth about potential New Year’s resolutions for 2012. Lose some weight. Read more. Spend less time watching TV. You know, the kinds of things that
Thursday’s Hartford Courant contained an article and photo gallery projecting possible tax bills for a number of different properties in the City of Hartford. Their story contained just enough information to figure out what their model of the revaluation’s results say about the mill rate and residential assessment ratio. The Courant is projecting that the three property classes will have assessment ratios of 70% for commercial, 50% for apartments (which now includes four-family buildings) and
November is traditionally the time of year when real estate activity begins to slow. We did see a modest fall-off in deals, but it was not a big surprise, and was an average of recent results. Last year November was more in line with October than December, while in 2009 it was an even larger decrease from October than we’re seeing right now. Perhaps winter arrived a little early this year in Greater Hartford; we
On Thursday, December 1st, updated market values began arriving from the City of Hartford. We were eagerly awaiting our letter because, well, real estate things get us excited and the revaluation is important. Now it’s here and it’s time to go to work interpreting what it all means. Proposed Fair Market Value The first important point to make is that the numbers sent by the City have no immediate impact on our property taxes. They
Ah, it’s the most wonderful time of the year! Well, at least according to the crazy Target lady and most other retailers. Do you buy in to decorating your home for the seasons or holidays? Some of us pick and choose which seasons to dress up our homes, while others use any excuse they can get to display a new wreath, flag or some type of bric-a-brac to celebrate each passing holiday and season. I