Greater Hartford January 2009 Real Estate Market Statistics

One month ends and another begins, so that must mean 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. Here is the data and let me just say the results are not pretty. My analysis follows after the chart… My observations… 1. First off, let me just warn

Pop Quiz! Who Decides Where You Live?

Who decides where you live? A. Your real estate agent B. Your parents or some other relative C. Your friends D. Your co-workers E. You The correct answer to this question is E- You, but sadly I see options A, B, C, and D occurring quite often. This really isn’t how it should be, but sometimes it’s the reality. Here’s how it happens… Your Real Estate Agent Your real estate agent should be a wealth

Greater Hartford's 2008 Real Estate Market Statistics

So, just how bad was the 2008 real estate market in the Greater Hartford area? The numbers are in. They’re not necessarily pretty, but they’re not as ugly as they could be either. The data below is from the CTMLS and is deemed reliable, but not guaranteed. All information is for single family home sales only… My observations… 1. The number of closed sales was down in every town but one. Newington saw a 1%

Being the Bad Guy, or Maybe Not

December is usually a consultative month for me. Lots of people call to have me come over and take a look at their homes, as they’re thinking about selling in the spring. This December was no different in that respect, I received calls and went on my appointments. However, there was one major difference this year. I spent quite a bit of the time quietly feeling like a jerk. Usually when I went back to

Preparing for Your 2009 Real Estate Transaction

I know the spring real estate market seems a world away for many in Connecticut and the Greater Hartford region. But I just finished up my business plan for 2009 and thought it might be helpful to provide some tips for Buyers and Sellers that are planning a real estate transaction in upcoming year. It never hurts to get an early start and planning ahead will typically put you in a better position, no matter