Selling My Aunt’s House
July 27th, 2010 categories: Real Estate Listings
Mostly I list houses for sale with a sense of detachment. I’m selling the future - what the next owner will be able to do in their home, its potential, or its future value. It’s intangible, really.
But listing my aunt’s house reminds me that every home has a story - a past, a present and a future. I usually can’t tell you the past. Sometimes I don’t know and neither do the sellers.
Listing agents also have to be cautious in describing a home in a way that would exclude potential buyers - like “great family home,” just because the last owners had 6 kids and every single neighbor has kids. So, we come up with really boring copy that doesn’t interest or draw in any buyers.
Buyers, though, always want to know about the owners - who they are, why are they selling, etc. So it’s not just about the physical house. It’s also about the buyers relating to the owners and having some kind of connection.
So allow me to give 32 Rustic Lane some past, at least through my eyes. It’s by no means a complete picture - I am but one person who’s spent holidays at 32 Rustic Lane. But they’re my memories. My anecdotes to share. And maybe through the home’s past, a buyer will see their future…
32 Rustic Lane, East Hartford
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June 2010 Hartford County CT Real Estate Market Report
July 19th, 2010 categories: Real Estate Market
1999?
The lyrics to Prince’s “1999″ seem to best express the last month in the Central CT real estate market and what lies ahead.
“..when I woke up this mornin’, could’ve sworn it was judgement day. The sky was all purple, there were people runnin’ everywhere. Tryin’ to run from the destruction, you know I didn’t even care. Say, say two thousand zero zero, party over, oops out of time. So tonite I’m gonna party like it’s nineteen ninety-nine.”
June was a very busy month for closings - especially in comparison to June in the last two years. Median sales prices went up. Homes were even selling a little closer to asking price. Some of this is due to the tax credit, but the rest attribute to normal reasons people buy and sell real estate (job relocation, divorce, marriage, downsizing, upsizing, etc.). Plus, low interest rates are luring first time buyers who missed the credits into the market.
Will this continue? Look at the inventory - 3,658 single family homes are on the market. That is the highest I’ve seen it since I began tracking. And you have to assume a fair percentage of the pending sales will get re-listed.
Recovery from the spring market won’t be as quick as taking an Alka-Seltzer in the morning to cure a hangover. From people who service the real estate business - lenders, stagers, home inspectors, etc - I’ve heard they’ve all suffered a dramatic slowdown in the past weeks.
The market will slow over the summer but not come to a grinding halt. Pressure will continue to push prices down. Well priced homes in good condition will sell and sell quickly - the one fact we can always count on.
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List of Connecticut Fireworks
July 3rd, 2010 categories: Central Connecticut News & Information
I found this list of fireworks in Connecticut for this July 4th weekend. Have a great weekend!
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Open House 46 Saint James, Enfield, Sunday June 6th, 2010 1-3 PM
June 3rd, 2010 categories: Real Estate Listings
This newly listed Raised Ranch is open this Sunday from 1-3 PM.
$256,900. 2,000 s.f. Has 4 Bedrooms, 2.1 Baths, 2 Car Garage and is in a very convenient location. Private yard with deck and shed. Nice curb appeal. Large 3-season Sunroom.
Great layout ideal for in-law, home office or teen suite. 3 Bedrooms, 1.1 Bath Upstairs. Master bedroom has 1/2 bath. Downstairs is Bedroom, Family Room, Office, Potential Kitchen (plumbed), Full Bath & Storage. 8 Rooms total. 2 Fireplaces. New Wood Floors.
Directions: Elm St (220) to Freshwater to Saint James.
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New Listing - 90 Golf Boulevard, New Britain for $269,900
May 29th, 2010 categories: Real Estate Listings
Complete Remodel. This 4 Bedroom/3 Full Bath Raised Ranch has over 2,500 s.f. of finished space and a two car garage. New Everything - Roof, Vinyl Siding, Windows, Central Air, Heating System, Wood Floors, Tile, Carpeting, Kitchen Cabinets and Bathrooms.
Lower Level Family Room with Wet Bar. Floor to Ceiling Stone Fireplace in Living Room. Granite and Stainless Steel Appliances in Kitchen.
Large Rooms. Master Bedroom Suite with Full Bath and Walk-in Closet.
Great Location Near CCSU, Rt 9, Stanley Golf Course, Stanley Quarter Park and Westfarms Mall.
Virtual Tour - 90 Golf Boulevard New Britain
Directions: Stanley or Ella Grasso to Barbour to Golf
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