RECENT BLOG POSTS
This past Wednesday, the Hamden community came out in force to hear what United Illuminating ("UI"), the local utility company, had to say about its plan to trim or remove all street trees within 8 feet of utility wires, (the Utility Protection Zone). At the end of the meeting, the consensus was ...
Posted 3 months ago
Tree lined streets. Those three words evoke many feelings and images. We think pastoral landscapes, respite from summer heat, and beautiful neighborhoods. In real estate, we think "added property values". Street trees in Connecticut have taken a beating in the past few years, due to a series of s...
Posted 4 months ago
There was an energy to the Hamden market in the past year. This became apparent, early on. Indeed, I wrote about the influx of investors into the market and the important role they would play in the turn-around of the market from recession lows. Investors scooped up distressed properties, re-habb...
Posted 4 months ago
Changes are in the air. In 2012, we saw a significant increase in the number of homes sold in Hamden. 408 single family homes sold in town, vs 358 homes in 2011. That's a healthy 14% increase in units sold from the prior year. This is a positive trend. During the same period, the prices of these ...
Posted over 1 year ago
Recent headlines have stated that foreclosure homes accounted for 20% of all sales last year. That grabbed my attention, so I thought I would check to see how Hamden compared to the national statistics. According to the Greater New Haven Association of Realtors, 358 single family homes sold last ...
Posted about 2 years ago
....smile more. Kidding aside, it's time to start 2012 on an optimistic note. After more than three years of doom and gloom, since the banking crisis, we are still here selling real estate. This market has tested us, and challenged us to be better at what we do. We have honed our skills and can s...
Posted over 2 years ago
Hamden experienced a slower market in 2011, which comes as no surprise to those of us who follow economic data. Despite lower listing prices and historically low interest rates, worries about jobs and uncertain local, national, and world economies weighed heavily on buyers' minds. Money was cheap...
Posted over 2 years ago
This Saturday, September 17th, the Whitneyville Branch of the Hamden Library system will be open from 9:30 to 1 p.m. , thanks to the efforts of the Whitneyville Civic Association and the generosity of librarian Nancy McNichol, who has switched her normal scheduled hours and given up a part of her...
Posted over 2 years ago
Now that we are back from the Labor Day break, it feels like a good time to take stock of what is going on in our local market. Here in Hamden, sales of single family homes year to date number 225. This compares to 287 at the same time last year, so we are down 22%. Barring any unforeseen stimulu...
Posted over 2 years ago
Free? Did you say free? Not so fast - there is always THE CATCH. I am presently working with buyer clients on purchasing a bank foreclosure in Hamden. When the offer came together, based on the purchase price, the bank sent over its contract. This is standard procedure, but I advise my clients to...
Posted over 2 years ago
Rainmaker
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Millie C. Legenhausen

CRS, GRI, CIPS, MBA, Realtor
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Local market commentary, general economy commentary, sharing of lessons learned from years of experience in changing real estate markets.