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We had milder and warmer winter this year. This gentler temperature worked in favor of  Manchester CT Real Estate in January 2016. So let us see what happened in the month of January, 2016.   Total Sold Single Family Homes: 26 Most Expensive Sold Home: $372,000 with 5 bedrooms, 3 bathrooms and 3,391 square feet Least Expensive Sold [...]

Maria Gilda Racelis

Manchester CT 2015 Real Estate Review

The year 2015 was great for Manchester CT real estate market. Manchester CT 2015 Real Estate Review summarizes the following: The number of units sold for each month is higher except for the months of March and December compared to the respective months in 2014. Fifty three units (53) were sold more in 2015 compared [...]

Maria Gilda Racelis

December 2015 Manchester CT Real Estate Data

Here is the latest real estate market news in Manchester Connecticut. You will find in this December 2015 Manchester CT Real Estate Data historical active listings which I have not incorporated in my past reports. Active Listings as of December 14, 2015. Currently there are 215 single family homes  for sale. Out of this 215, [...]

Maria Gilda Racelis

Manchester CT HUD HOME! Your Vehicle to Instant Equity

Many HUD properties, if the price and location are right, could be the first-time home buyers vehicle to instant equity on their first home. Take for instance this Manchester CT HUD home in  57 Garden Grove. This was a HUD property listed at $175,000. My first-time home buyer got it for $158,000. Right from the start, I knew [...]

Maria Gilda Racelis

Actual Age Vs. Effective Age

As buyer's agents, we don't just drive to show houses. We are hired to do our job. One of them is educating the buyers on the difference between actual age and effective age. When my buyer bought his first home , it was just the right size for him. But as we all know, there [...]

Maria Gilda Racelis

November 2015 Manchester CT Market. SOLD 17-19 Strant Street

17-19 Strant Street is a Multi-Family Home in Manchester Connecticut. Before I tell you the story on how I got the listing, let me give you a little background on my Manchester way of life. I bought my very first home in 2002 in Manchester Connecticut. Until now, this is where I wake up in [...]

Maria Gilda Racelis

Homes with Crumbling Foundations in Connecticut

Problems that have been going on for 20 years... crumbling foundations. According to the report by NBC Connecticut ,these homes are built by the contractor JJ Motes. Now, that the news about the Crumbling Foundation is out there and a staggering number of homes are potentially exposed to this issue, the question that has been raised [...]

Maria Gilda Racelis

What Does it Take to Survive Real Estate Business?

The newest addition to the family, Mojito, a chihuahua, is scheduled to be neutered this morning. This is the only second time wherein I gave consent to this procedure. Eleven years ago, my doberman's vet advised strongly to get my dog's balls chopped off to curtail his aggressive behavior. He started bullying hard my first [...]