When you’re looking at a property, how much time do you spend outside looking at the surroundings? What are the adjacent properties? How do they look? Are you near a major road? Are there commercial or other non-residential parcels near you? Is there a farm or undeveloped land abutting or near the property? When we view homes with buyers we try to spend some time evaluating the adjoining and nearby spaces. This isn’t necessarily to
Most of the year we avoid looking at prices when we analyze market statistics. Considering only a month’s (or even quarter’s) worth of data is risky because the sample size is too small, while making a more sophisticated model to account for the small sample size is beyond our abilities. However we are comfortable looking at a full year of data, and now that the calendar has turned over to 2014 we can look back
Homes look different in the winter. Leaves are off the trees, and every now and then we get a fresh blanket of white snow. This property really stood out to me in the afternoon sun. It’s a lovely home all year round, but is generally surrounded by green – green grass and green leaves. The white backdrop gives it a different feel, highlighting the architectural details even more than usual.
The fall market that we were expecting to see, and then wrote off when it didn’t turn up, magically appeared in October. There were 678 contracts written during the month, which is a 15% increase over October of 2012 and a meaningful step up in activity from last month. Contract data at the individual town level continued to bounce around. Bloomfield and Bristol had big reversals of fortune from the September report, showing just how
The Elizabeth Park Dahlia garden looks like floral fireworks right now. Stop by this weekend if you have some time to see all the different varieties. Here is a short preview of what it looked like this morning…