Selling a Home As-Is, What it Means to Sellers and Buyers

Not every realtor, or homeowner or prospective homeowner,  understands what selling a home as-is means It sounds obvious, but sometimes there is confusion. When selling a home as-is, for sellers it means when an inspection is done, it is for the buyer’s information purposes. Not for negotiation. For buyers, it sets the expectation of a listing […]

Common Reasons Home Sales are Cancelled

Home sales get cancelled all too often It happens. More than you may realize. Especially in a seller favored market. The process of buying (selling) a home is lengthy and there are many steps. For some people, the process seems to only include looking at homes and putting in offers. It takes a lot more […]

Mortgage Delinquencies on the Rise

As Expected Nationwide Mortgage Delinquencies are on the Rise The COVID pandemic is still fresh on everyone’s mind and in the news. We cannot deny the affect it has had on our economy. Oddly, the real estate market has benefited during these times despite wage losses and (still) high unemployment rates. But that’s simply because […]

COVID and Connecticut Real Estate

We All Thought COVID would Decimate the Connecticut Real Estate Market Like most of the country, Connecticut has seen an unbelievable increase in real estate valuations for residential properties. At GLG Homes, we are continually watching the real estate market, but even more since COVID struck earlier in 2020. In particular, we have watched COVID […]

Connecticut home value continues to rise

Selling your house? Connecticut home values continue to rise Earlier this year we started looking at how the market would react once the COVID-19 pandemic really took hold. As we’ve talked about before, especially since the start of March, the impact of the COVID-19 virus left everybody wondering what direction the economy would head. When […]

Connecticut Real Estate – Seller Market and Pending Foreclosures

Seller Market for sure, but Foreclosures are coming The Connecticut Real Estate market has been on fire. It is a true seller market as we continue to see median price value jump up month-over-month. Over the past 12 months, we have seen median price values across the whole of Connecticut increase by 12%. But for […]

Connecticut Real Estate, a ‘V’ or ‘W’ Recovery?

Connecticut Real Estate is Still Highly Active but is it a ‘V’ or ‘W’ Recovery Ahead? Over the past few months, the economy has been referred to as a ‘V’ shaped recovery. Meaning once the bottom has been hit, you will see a surge in spending and consumer confidence. But the question is looming, are […]

Selling a house, but not on the MLS? Be informed!

Not selling your house on the MLS? Know your options and know your buyer! Too often we hear the horror stories from people selling a house and they didn’t like the buyer or it fell apart. Yes, we buy houses to renovate (remodel, rehab, whatever you want to to call it) and then either rent […]

Connecticut Home Foreclosures are Restarting

COVID Restrictions on Foreclosures may be Ending At the start of the COVID pandemic and the institution of protective measures such as social distancing, the government put a hold on the processing of current or newly filed foreclosures. There was a 90-day pause instituted to give homeowners and banks a chance to work through the […]