Marabeth's Blog

Market Report for Portland for March 2007There are 42 active listings in Portland, 16 came on the market in March, 14 went under deposit and only 1 closed.  The average sale price was $380,000, the listing sold for 95.02% of the final listing price and the house was on the market for 188 days.  C...

Market Report for Glastonbury for March 2007 and the First QuarterResidential There are 171 active residential listings on the market in Glastonbury.  There were 60 new listings in March, 42 homes went under deposit and 25 closed sales.  The average sale price was $470,102 and the median sale pri...

I am going to talk about one of my pet peeves and as a seller it should be one of yours too or at the very least, it should be a question you ask before you list with an agent.  There is no excuse for this except laziness or not knowing what you are doing as an agent.  As soon as a listing is pos...

Market Update for Portland for February 2007There were 41 active listings on the market at the end of February.  8 new listings came on the market, 7 homes went under deposit and 9 closed.  The average sold price was $303,600 and the median sale price was $245,000.  Home were on the market for an...

Market Report for Middletown for February 2007ResidentialFor the month of February 48 new listings came on the market, 36 listings went under deposit and there were 16 closed sales.  The average selling price was $275,012 and the median sale price was $262,500.  Homes were on the market for an av...

Glastonbury Market Report for Februaury 2007  Residential In Glastonbury for the month of February there 42 new listings coming on the market, 25 homes went under deposit and there were 15 closed listings.  The average sold price was $430,826 and the median sale price was $426,00.  Homes were on ...

Market Update Report for Glastonbury for January 2007Residential  The month of January did not show as much of a slowdown as is typical for this time of year mainly because the weather has remained unwinterlike as far as snow.  Right now there are 175 active listings compared to 164 in December. ...

Market Update for Middletown for January 2007ResidentialAt the end of January in Middletown there were 143 active listings, an increase of 20 active listings compared to the end of December.  There were 64 new listings that came on the market in January, 31 went under deposit and 28 closed.  The ...

Market Update for Portland for January 2007ResidentialThere were 44 active listings on the market in Portland at the end of January,exactly the same as in December.  There were 21 new listings, 7 went under deposit and 6 closed for an average sale price of $257,233 and a median sale price of $202...

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...