condo market data: North Kingstown Rhode Island Condo Sales 2013 - 09/29/14 10:07 PM
North Kingstown Rhode Island Condo Sales 2013
As we make our marketing push into our neighboring state of Rhode Island, we must be able to speak intelligently about the condominium market of the state.  As mentioned in the Rhode Island Real Estate article, Rhode Island has the second highest population density in the country.  This should lend well to condo unit sales.
North Kingstown Rhode Island Condo Data for 2013
North Kingstown has 33 condominium projects, 17 of them are 10 units are less.  2-unit condominiums are very common in Rhode Island.  There are 4 projects that are currently approved with … (8 comments)

condo market data: Condominium Market Data for Ellington, CT - 02/10/14 12:53 AM
Condominium Market Data for Ellington, CT
Last week, in response to my other condominium market data for surrounding towns, I was asked to compile the condominium data for the rural town of Ellington, CT.  Because of the size of Ellington and the limited number of condominium projects within the town, I probably wouldn’t have chosen this as a town that I would compile these numbers.
I found it interesting that there are three fairly large site condominium projects.  One of them is currently under construction.  Site condominiums do not need to be approved with FHA in order for FHA financing to … (0 comments)

condo market data: Condominium Market Data for Bristol, CT - 02/01/14 12:34 AM
Condominium Market Data for Bristol, CT
This week, our office received notice that Southridge Condominiums in Bristol, CT, was approved with FHA.  This encouraged me to compile Condominium Market Data for Bristol, CT.  Bristol is a large town roughly 25 minutes west of Hartford.  It has a high concentration of condominium projects.
Condominium Market Data for Bristol, CT
There are 76 condominium projects in Bristol and of these, 53 were approved with FHA at one time.  Currently, there are 14 approved with FHA.  According to FHA’s site, there are 4 submitted for Approval/Recertification.  During the Q4 of 2013, 5 projects saw their … (4 comments)

condo market data: Condominium Market Data for Vernon, CT - 01/20/14 02:47 AM
Condominium Market Data for Vernon, CT

As I continue to compile data in surrounding towns, my sights turned to the Condominium Market Data for Vernon, CT.  Vernon is another neighbor of South Windsor, where our office is located.  Like Manchester, Vernon has a high concentration of condominiums.
 
Condominium Market Data for Vernon, CT 
There are 50 condominium projects in Vernon.  Of those, 22 of them have been approved with FHA at one time.  Currently, there are only 5 condominium projects approved with FHA.  Incidentally, our office has handled 3 of these approvals and we are currently working on others.  … (2 comments)

condo market data: Condominium Market Data for Manchester, CT - 01/18/14 04:23 AM
Condominium Market Data for Manchester, CT
Because I had so much fun (sarcasm intended) compiling the market sales data for South Windsor, I decided I would tackle a larger town in the area.  Manchester, CT, is our neighbor to the south and a town with a high concentration of condominium projects.
Condominium Market Data for Manchester, CT 
There are 56 condominium projects in Manchester, CT.  Of those, 45 of them have been approved with FHA at one time.  Currently, there are 14 condominium projects approved with FHA.  Incidentally, our office has handled 7 of these approvals and we are currently working on … (6 comments)