The current housing market is one of the most competitive in decades, with record-high prices and record-low inventory.  Houses in our area are currently selling above asking price and sometimes by tens of thousands of dollars and appraisals have been generally bearing out the selling prices with few exceptions. You may find yourself making [...]

If you are an active or pending claimant in line for replacement funding the news coming from CFSIC is very encouraging, as long as you are fully participating and doing your part. With $100 million in new funding over 4 years beginning July 1, 2022, CFSIC will begin to address the 600+ Pending Claimants 3-4 years earlier than previously [...]

Home prices are climbing in Tolland & Windham counties thanks to plunging inventory in 2020 and 2021 year-to-date and a surplus of buyers willing to engage in a bidding war for the few homes available.  If you are a seller in Tolland County, days on the market has been halved from 42 days in 2020 to 21 as of February 2021, likewise for [...]

Home Selling Team is pleased to announce that Broker Associate Noah “King in Real Estate” has opened King Real Estate Team LLC, a real estate office in the Tolland Pizza plaza at 235 Merrow Road (Route 195) in Tolland CT.  Real estate consultations will be available by appointment at the new office or by phone or Zoom.  Real estate services [...]

2020 started with a bang!   January was strong and we scratched our heads at the demand, which is not typical in this neck of the woods just coming off the holidays and facing a couple of grim winter months.  February looked promising and we felt blessed with an early spring market.  In early March,  as COVID arrived in New England and many [...]

Seems as though housing has gone the way of toilet paper, hand sanitizer and canned goods at the tail end of 2020 and early into 2021.  The cupboards are bare.  Inventory was tight all year and wise [...]

There's not much a seller can do today to discourage a barrage of showings and multiple bids.  In a previous post I conceded that you could probably have the buyer do your breakfast dishes once you're out the door but I've thought of a few ways a seller could diminish their own returns even as the dominate player in the [...]

Hire an Agent to Represent You.  Be specific about your needs and wants in case your agent gets wind of something coming on the market that may meet your criteria.  If you are sitting on Zillow and contacting who you assume is the listing agent it is costing you valuable time.  Time is not your friend in this market and you need to sign an [...]

I’ve got to say that Connecticut has done a damn good job of containing the spread of COVID-19.  As of this post we are one of only 4 states in the U.S. that have declining infection rates. In the Mansfield UConn Eastern Connecticut markets we are receiving inquiries and selling properties to an increasing number of NY buyers and other [...]

We’ve received more complaints from sellers that their Mansfield Storrs area listing is not appearing on Zillow and/or it is appearing with inaccurate information. If you are a seller who is also open to renting, and we add your property as a rental to the Mulitple Listing Service (MLS) it will replace your for sale listing on [...]