Marabeth's Blog

What is a short sale?  It happens when you need to sell your property and don't have enough money coming out of the proceeds of the sale to pay off your mortgage.  In that case you would have to come to the closing table with cash to pay off the mortgage.  What if you don't have the cash?  I am g...

Market Update for Middletown for December 2006  Residential  In Middletown the number of active listings is down from last month, with only 123 homes currently on the market.  Part of this is because of the time of year, since 28 listings expired in the month of December.  There were 23 new listi...

MARKET UPDATE for PORTLAND for DECEMBER 2006    The market in Portland was fairly slow for the month of December.  The number of active listings is down to 44.  There were 10 new listings that came on the market, 7 deposits and only 2 closed sales, with the average sale price of $252500.  14 list...

Market Update for Glastonbury for December 2006 and the YearResidentialGlastonbury has 164 active listings on the market at this time which is quite a drop from a high point of about 225.  Some of that can be attributed to the time of year, when some sellers choose to take their homes off of the ...