Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
Interested in selling or buying a house or condo in West Hartford? Here is the latest market data as of today… Average Days on Market for a single family home in West Hartford is 61 days, as of today. If you’re a seller in the price range of $351K-$400K, you don’t have much competition. If you’re a buyer in this price range, be ready to see houses as soon as they come on the market.
When the real estate market slows and inventory grows, setting the listing price of a home becomes critically important. “Chasing the market” is a situation no homeowner wants to be in, but many set themselves up for this everyday. Think about it. People hire real estate agents to help them price, market, and sell their homes. Why is it that so many homeowners disregard their agent’s pricing advice, which is based on hard sales data,
Tax revenue funds the services that cities and towns provide to their citizens. I think we all get that. Earlier this week, the Courant reported on West Hartford’s town budget proposal. The initial budget proposal is up 7% from the 2007-2008 budget, to $216 million. Click here for the proposed budget. Click here for the Town Manager’s presentation of the proposed budget. A portion of the article addressed the property tax increases that West Hartford
Have you ever asked yourself if you bought the right house? Kyle asked me that question this morning. Talk about conversation starters at breakfast! My response was “Well, I don’t know. Which house would we have bought instead?” For background purposes, we looked at a total of 25 houses over 3 days in the towns of Hartford, West Hartford, Farmington, Glastonbury, and Wethersfield when we relocated from Virginia four years ago. We were not familiar
I recently received a few off-line comments about my recent post regarding real estate inventory levels in the Greater Hartford area. Remember, real estate inventory for a specific town is calculated by taking the current number of homes on the market in that town and dividing it by the number of closings during the previous month in that town, or some derivation thereof. In my calculation, I used February of 2008 to get the resulting