The summer is essentially over, so we’re closing the books on the spring/summer real estate market. How did we compare to last year? As always, data came from the CT Multiple Listing Service for single family homes only and is deemed reliable, but not guaranteed… My observations… 1. Aggregating the towns, closings this year were just about even with June through August 2008, up just 1.1%. Some towns saw wild fluctuations though. South Windsor, Vernon,
Keeping with the walking theme, the Hartford Preservation Alliance will be leading four guided walking tours in the coming months. Each tour includes stops at a few points of interest where the tour leader shares historical and/or architectural information about the sites and structures. This is a terrific opportunity to explore different areas of the Connecticut’s capital city. All events are held on Saturday mornings at 10:00am, rain or shine, and cost $10 per person.
Uh, not necessarily. I work with a lot of first time buyers. This year seems to be particularly busy because some markets in our area are experiencing depressed pricing compared to recent years and people are trying to take advantage of the $8,000 government tax credit. If people have stable employment and are mentally, financially, and emotionally ready, this is turning out to be a good year for them to buy. The issue becomes that
Note: This post continues the Saving a West End Home Series. Homes in the West End have seen multiple generations come and go. They have been the backdrop for many stories as the neighborhood evolved through different historical eras. Some of the properties have been passed down within a family for multiple generations. Others have been converted from one use to another, like turning a large single family home in to a rooming house. Basic
Note: This post continues the Saving a West End Home series. Not everything in a historic home is worth saving. Consider the furnace. Does anyone want to live in a house with a 105 year old furnace? Especially if it was completely preserved in original condition? It’s possible that someone might, but most buyers and homeowners would prefer to have a modern furnace generating their heat. Not only is it more efficient, it’s also safer.