We’ve been showing a lot of houses over the past few weeks. And it seems like there just isn’t anything out there for buyers. What do the inventory levels of single family homes in various towns in the Hartford area tell us? All of the data used to develop this chart came from the CT Multiple Listing Service and is deemed reliable but not guaranteed. We looked at the number of homes currently for sale
We just got back from the Tuesday broker’s open house tour in West Hartford. It’s always fun to see the new listings and talk with the other agents about what is going on in the market. One of the common themes right now seems to be that there are more buyers actively looking for homes than there are sellers. Many agents reported having trouble finding homes that their buyer clients are interested in purchasing. We
For last month’s market statistics post, I made this statement…”It will be interesting to see the results of November, as I feel they will also show an increase over last year as people try to jam in their closing by the November 30 $8,000 first time buyer tax credit deadline.” This was of course before we knew that they would be extending the first time buyer credit beyond November. So how did the closing numbers
This past Saturday’s electronics recycling event in West Hartford was a big hit. Traffic was at a virtual standstill for blocks around the Public Works facility off Oakwood Ave, where the Connecticut Resources Recovery Authority (CRRA) set up their collection point. People waited for over an hour to get rid of their old tvs, computers, dvd players, and all sorts of other random junk. I made the mistake of trying to sneak in just before
The Senate has overwhelmingly passed an extension to the hotly debated homebuyer tax credit. The updated version of the program has larger scope and is more generous than its predecessors. Note that the extension is not official until it is also passed by the House and signed by President Obama. The new program offers people that have lived in their home for 5 years or more (move-up buyers) a $6,500 credit. It also increases the