Busy Week

It was a busy time in my little world this week. Four of my buyer clients wrote contracts on properties. Two were accepted, one is still pending, and another was rejected. Again I was involved in more multiple offer situations. Each of the situations had 3 buyers that wrote offers. Eh. They seem never ending this year for some reason. Next week I’ll write a series of posts about multiple offer situations and how they

Greater Hartford Q1 2009 Real Estate Market Statistics

It’s April and the first quarter of 2009 is behind us. That means it’s time for real estate market statistics for the Hartford area. I’m going to tell you that while I was compiling this information last night, it was not giving me the warm fuzzies. In fact, it was making me feel a little sick to my stomach. The numbers are less than stellar. But they are what they are, so let’s take a

Multiple Offer Madness

I’m not exactly sure what is going on this spring, but my buyer clients seem to be multiple-offer magnets. And the properties we’re looking at aren’t necessarily hot, new listings. Some of the homes have been on the market for quite some time. One of the trends that I’m noticing with multiple offer situations in a “buyers market” is the fact that the properties aren’t necessarily going at or over asking price, even though there

Hartford Housing and Neighborhood Tour, Saturday April 4, 2009

I live in Hartford. These people live in Hartford. So do these people. So do lots of other people. Thinking about living in Hartford? Want to learn more about the different neighborhoods that comprise the city? Want to see some homes for sale in the various neighborhoods? Then get on the bus! On Saturday April 4, 2009, LiveHartford, an initiative supported by the MetroHartford Alliance staff and Housing Committee, will sponsor a bus tour of

Greater Hartford February 2009 Real Estate Market Statistics

February just ended so it’s time for some more real estate statistics for the Greater Hartford area. As always, data comes from the CT Multiple Listing Service, is deemed reliable but not guaranteed, and is for single family homes only. My analysis follows after the chart… My observations… 1. Just like January, there were so few transactions in some of the towns that this data is not very statistically relevant, particularly the Median Sale Price