February Contracts Show Single-Family Snoozefest

Negotiated contracts on single-family homes in February 2011 were down about 24% from the year-previous monthly tally. We thought the market felt slow, and the numbers definitely support our anecdotal evidence. Activity levels varied widely between towns. Avon came out of the month as the big winner with a sharp increase in contracts. At the other end of the spectrum, Enfield and Southington finished with less than half the market activity of last year. The

Multi-Family Properties in Hartford County

We spend a lot of time talking about single-family homes and condominiums, but multi-family properties are another important part of the local housing scene. Where are the the multi-families in Hartford County? As you can see by the number of contracts written on this type of property over the past two years, they are concentrated in just a few towns. Lots in Hartford and New Britain, and a solid number in Bristol, Manchester, and East

Who Wants to be a Real Estate Developer?

The City of Hartford is seeking development proposals for 8 city-owned blocks of property. The sale overview notes that the goal is to develop and/or revitalize the properties in accordance with the guiding principles of the One City, One Plan planning document. We’re excited that the City is taking steps to get these parcels into the hands of developers. If all goes according to plan, the future projects will not only improve the various neighborhoods,