Selling an Open Concept House?

Open Concept House to Sell? Be Ready – Buyers are Starting to Shift Away Since the 1930’s, the the “open concept” floor plan has only increased in home buying appeal. Especially as capabilities emerged that made the open concept not only more attainable (without being super rich) but more capable as well. Since the 1950’s […]

Are Foreclosures a Looming Crisis

With Another Forbearance Extension is the Foreclosure Market just Getting Bigger We heard that the Federal Housing Finance Authority pushed the forbearance period out another 6 months through June of 2021. This now puts the mortgage market into an 18 month period of delayed payments for mortgage holders. For some, the forbearance period was a […]

Selling a House As-Is vs Retail

Selling “As-Is” versus “Retail” I talk about this a lot because at least once a week, someone asks me the difference. And sometimes, it is a Realtor. There is a general understanding that putting a house for sale “as-is” means there is no expected negotiation due to condition. Generally, that is true. What is misunderstood […]

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 […]