Real estate market not for the faint of heart

The current real estate market for buyers in the Greater Hartford area is not for the faint of heart.

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Buyers are finding low inventory, multiple offer situations, and bidding wars to be the norm, and the statistics reflect their experience.

Below is a press release from Oct. 15, 2020 provided by the Greater Hartford Association of REALTORS with the most recent housing stats.

“According to the Greater Hartford Association of REALTORS 1/4 u00ae (GHAR), the median sales price of single-family homes in Greater Hartford increased 20.50 percent (from $241,900 to $291,500) over September of last year. Closed sales increased 27.44 percent (from 554 to 706) and pending sales rose 28.68 percent (from 516 to 664). New listings decreased 27.80 percent (from 820 to 592) and inventory dropped 56.14 percent (from 2663 to 1168), during this same time frame.

In year-to-date statistics, year over year, new listings decreased 20.26

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Homes with Heart VC Invites all Businesses Virtual Seminar

(VENTURA, CA) – October 28, 2020 – Business with Heart VC is a four year old initiative, of Homes with Heart VC, responsible for helping many families. Originally set up as a program comprised of business members that helped resource families and youth with discounts from each of the local businesses, the program has grown to become an exciting way to provide internships and jobs for our older youth, that will be expanding to biological families and all other families in need. The core of the program is to also help businesses with additional foot traffic and recognition through website, social media exposure, and new signage.

On November 12 at 10:00 a.m., Homes with Heart VC will bring together local businesses via a Zoom learn more seminar. The event will engage business owners, inform them of what’s new in signage, and discuss ways to increase the number of people likely

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