Posts from May 1st, 2015

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Dear Neighbor,

Well, it's time for the annual check up on what's going on in the neighborhood and beyond. It's was a brutal winter, and not much happened in real estate during the snow and cold, but I am happy to tell you as the weather warmed in April and May the buyers have come back and a number of properties throughout Litchfield County have found their buyers and gone into contract, some with multiple bids. Most of these haven't yet closed, so you will have to wait until next year to read the results. But I think it will be a busy spring and early summer.

While on the national scene real estate i...

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Dear Neighbor,

Well, it's time for the annual check up on what's going on in the neighborhood and beyond. It's been a brutal winter, and not much happened in real estate during the snow and cold, but I am happy to tell you as the weather warmed in April and May the buyers have came back and a number of properties throughout Litchfield County have found their buyers and gone into contract, some with multiple bids. Most of these haven't yet closed, so you will have to wait until next year to read the results. But I think it will be a busy spring and early summer.

 
This past year in all of...

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Dear Neighbor,

We welcome May!! What a winter it has been. I'm glad to see the sudden burst of green and early tulips and late daffodils together! Nice.

With the warm weather things have definitely picked up. Nationally the growth of values in many regions is palpable. The Northeast has been slower than other parts of the country and locally the values are tightening. Locally, the selling time has dropped to 6 months (5-7 months indicates a normal market). And we at Bain have had another productive year with strong sales, so thank you.

In all of New Milford there are cu...

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 Dear Neighbor,

Yes, vernal life is slowly emerging after that oh so snowy and long winter. And over the last 12 months we have seen the same slow season-like change in the real estate market. Many of the properties under pressure from the economic turndown are being sold leaving market valued homes to compete for buyers.

Nationally the growth of values in many regions is palpable yet the Northeast has been slower than other parts of the country. In fact nationally sales have increased over 10% but in the Northeast sales only increased year over year a meager 1.6%.