Happy Leap Day! February 29, 2012 - 02/29/12 05:46 AM
Happy Leap Day! February 29, 2012
 
Today is Leap Day. It only comes every 4 years and even then it’s not truly accurate. Leap Day was created thousands of years ago to allow for the spring and fall equinox to occur on the same days.
The only creatures in the world, maybe the universe that require precise time are humans. All other creatures adapt normally.
Leap Day was established as a way of catching up with the extra fraction of time needed by the Earth to orbit the Sun, which takes slightly less than 365 ¼ days. By adding … (15 comments)

Now I have a contract...What happens now?....A loan officer's view. - 02/28/12 06:03 AM
Buying a home requires a lot of participation from a lot of people. The part of the process that buyers and sellers see is easy:
Selection Showings Inspections Appraisal The part they don't see, which causes the greates a mount of stress and has the greatest influence on the transaction is the what happens as they start the apllication for the loan.
This post covers all of that in detail and is worth reading, especially if you are looking to buy a home in Central Connecticut
Via Bridget "Mortgage Mama" McGee (CrossCountry Mortgage, Inc. 410-960-2061):
Inspired by a post by Martha Brown, a wonderful … (0 comments)

Waterbury CT ranch 15 Kaynor Drive A Great Opportunity - 02/28/12 04:28 AM
Waterbury CT ranch 15 Kaynor Drive A Great Opportunity Located in the Bunker Hill Section of Waterbury, this is an ideal home for first timers or a down-sizing family. Hardwood floors, 3 season porch, level lot, and nice family neighborhood
A short sale property with very little needed in a family neighborhood.
MLS# N322368, Price at $120,000
 
 

 
Waterbury CT ranch 15 Kaynor Drive A Great Opportunity … (9 comments)

Price Reduction 258 Lakeview Ave Waterbury CT, A Great Starter Home - 02/28/12 04:08 AM
Price Reduction 258 Lakeview Ave Waterbury CT, A Great Starter Home Room to play and room to grow. A kitchen with stainless steel appliances, near restaurants, shopping, and a bus line.
A short sale property with very little cosmetics needed on a very quiet street.
MLS# N315243, Price reduced to $110,000
 
 

 
Price Reduction 258 Lakeview Ave Waterbury CT, A Great Starter Home
 
 
… (5 comments)

I Stole some time from my Clients with no Regrets - 02/27/12 06:54 AM
I Stole some time from my Clients with no Regrets  

I am a 7 day a week real estate agent, although some weeks it feels longer than that. I have always felt that this business requires us to work when other people are not, which means evenings, weekends, and even some Holidays.
This past Sunday was an exception as there was a special person that just needed my attention.
Grandson Raphael turned 3 years old, and although he is not the only grandchild, he does have a special place within Papa Ed.
The gathering was small, maybe 20 people, … (14 comments)

Your Bank Doesn"t Want to Foreclose on Your Central Connecticut Home - 02/26/12 08:35 AM
Your Bank Doesn’t Want to Foreclose on Your Central Connecticut Home   I received a phone call this week from a Central Connecticut home owner that is having problems in meeting their mortgage payments. They had talked to their lender and after some exchanges were advised to seek out a professional in their area that specializes in short sales, and try to get the home sold.
This is definitely an indication of a lender encouraging their mortgagees to get their home sold and not allow it to go into a foreclosure. A non performing asset or foreclosure on a bank’s inventory … (19 comments)

10 Ways To Turn Your Real Estate Blog Into A Lead Machine - 02/26/12 05:52 AM
We all strive to get the best results from our blogs. This post by Mark Taylor is a fresh way to get the desired results.
For those who have never had the good fortune to attend a live RainCamp much of what is presented with this post was presented at those events.
There is a lot of good information contained within.
Via Mark Taylor FHA VA USDA HUD & Investor Loans (First Time Buyers Investors and move up buyers):
10 Ways To Turn Your Real Estate Blog Into A Lead Machine
Sometimes when I hear companies talking about creating a "machine" for … (0 comments)

Watertown CT Real Estate Sales Report for January 2012 - 02/25/12 04:59 AM
Watertown CT Real Estate Sales Report for January 2012
 
 
Currently in Watertown CT there are 113 active residential listings for sale, with 19 new listings being added in January. The homes for sale in Watertown CT range from a 1,138 square ft, 1 room cottage in the Lake Winnemaug area listed at $60,000 to a 8,908 square ft, 7-bedroom, colonial estate on 11.7 acres listed at $1,800,000.
 

 
The average list price of the homes currently available for sale in Watertown CT is $301,501. The average days on market for these homes is 147 days. In addition, there are currently … (17 comments)

Thomaston CT Real Estate Sales Report for January 2012 - 02/24/12 06:14 PM
January 2012 Real Estate Sales Report for Thomaston CT Currently in Thomaston CT there are 37 active residential listings for sale, with 4 new listings being added in January. The homes for sale in Thomaston CT range from a 768 square ft, 2-bedroom ranch, listed at $65,000 to a 1,943 square ft, 2 bedroom, contemporary cape listed at $509,000.
 
 

 
The average list price of the homes currently available for sale in Thomaston CT is $209,400. The average days on market for these homes is 40 days. In addition, there are currently 3 homes under contract in Thomaston CT, two of … (4 comments)

What a Difference a Day Makes in Prospect CT......24 Little Hours - 02/24/12 07:16 AM
What a Difference a Day Makes in Prospect CT......24 Little Hours  

We have had virtually no winter at all, here in Prospect CT. A fluke storm on Halloween which, wasn’t really winter, gave us all the dread that we were in for a season that would have made last year seem mild. But it hadn’t happened. We have had record mild temps, with very little snow.
In fact just a day ago our golf course opened all holes, and I played hooky, actually golf, and plans were being made to get out for a quick go around this weekend, … (8 comments)

A Milestone of Significance, My Journey on ActiveRain - 02/22/12 02:33 PM
A Milestone of Significance, My Journey on ActiveRain 
None of us may know what we will be getting into when we first start a task. We have our ideas and hopes for what it may do for us, but there are always potentials for something to go awry. Such was the case for me 4 years ago to the day, when I wrote my first blog on ActiveRain.
I had little clue as to how it would be perceived, and whether it would even be read. It probably was so poorly presented that it never even got a tickle from a … (16 comments)

Real Estate Recovery Or Not? 2012 Predictions by the Pro's Infographic - 02/22/12 06:12 AM
Real estate is local and there are many platforms that promote their findings with a slant for personal reasons.
The information within this post is presented from across section of real estate professionals from all over North America. While it may not focus on our area, it will give one an indication of where the recovery in real estate has progressed in the last year or so.
 
Via ActiveRain Corp.:
Real Estate Recovery or Not?2012 Predictions By the Pro’s Infographic Data, data everywhere, but what should you believe?  Are we on, in the middle, or at the tail of a deflating … (0 comments)

Middlebury CT Real Estate Sales Report for January 2012 - 02/21/12 07:29 PM
Middlebury CT Real Estate Sales Report for January 2011
 
 

 

Currently in Middlebury CT there are 66 active residential listings for sale. They range from a 1,541 square ft, 2-bedroom cape listed at $149,900 to a 4,100 square ft, 3-bedroom classic colonial estate listed at $2,200,000. The average list price of the homes currently available for sale in Middlebury CT is $518,323. The average days on market for these homes is 326 days. For the month of January, there were 11 new homes listed for sale in Middlebury CT.

 


  

In addition, there are currently … (6 comments)

Naugatuck CT Real Estate Sales Report for January 2012 - 02/20/12 06:36 AM
Naugatuck CT Real Estate Sales Report for January 2012
 
 
 
Currently in Naugatuck CT there are 181 active residential listings for sale. They range from an 896 square ft, 2-bedroom mobile home listed at $18,500 to a 15,500 square ft, 8-bedroom English Manor estate listed at $849,900. The average list price of the homes currently available for sale in Naugatuck CT is $200,036. The average days on market for these homes is 163 days.
 
 
 
For the month of January, there were 35 new homes listed for sale in Naugatuck CT.  The average list price of the new listings available for … (4 comments)

Spring Lake Village Southington CT, Comfortable Condos for Over 55 Adults - 02/18/12 12:49 PM
Spring Lake Village Southington CT, Comfortable Condos for Over 55 Adults
 
 
 
The condos at Spring Lake Village in Southington CT offer much in the way of styles and activity for the over 55 set looking to down size and have someone else take care of the maintenance. Even with that, there is no loss of convenience. The condos are great for older residents as almost all offer first floor master bedrooms. Open floor plans and that guest or second bedroom for occasional visits or just an office area.


  
There are over 620 units, spread out … (4 comments)

Wolcott CT Real Estate Sales Report for January 2012 - 02/17/12 05:01 PM
Wolcott CT Real Estate Sales Report for January 2012
 
 
 
Currently in Wolcott CT there are 88 active residential listings for sale. They range from a 1,208 square ft, 3-bedroom colonial listed at $79,900 to a 3,836 square ft, 7-bedroom ranch listed at $799,900.
 
 
 
The average list price of the homes currently available for sale in Wolcott CT is $290,085. The average days on market for these homes is 156 days. For the month of January, there were 16 additional homes listed for sale in Wolcott CT. 
 
 
There are currently 10 homes under contract in Wolcott CT, … (6 comments)

Another Waterbury CT Home Sold, 320 Peach Orchard Rd - 02/16/12 05:56 PM
Another Waterbury CT Home Sold, 320 Peach Orchard Rd  

A Waterbury Connecticut First Time Home buyer’s Dream Came true. A First Time Homebuyer wanted to own a home of their own so that their 2 sons would have a yard to play in and have a sense of comfort and stability.
They walked in on an Open House I had at another listing, but didn’t find that home to be the right one. A 2 year search still hadn’t found the right home. Their previous agent kept showing them homes out of their comfort range financially.
As they talked … (10 comments)

Can you help my on a purchase of a Connecticut home for sale? - 02/15/12 01:03 PM
Buying a home is a serious business decision, and requires care and guidance. There are no short cuts to making a home purchase and the only person that is there to help a buyer is an agent working exclusively for the buyer.
When you're looking to buy your own home in Central Connecticut, don't allow the temptation of taking a short cut cost you big. In Central Connecticut, I'm there to protect you and your purchase.
Via Juli Vosmik - Scottsdale/Cave Creek, AZ real estate 480-710-0739 (Dominion Real Estate Partners, LLC, Scottsdale, AZ):
     "Hi, Juli.  This is "Sam.: Remember I called … (0 comments)

Cheshire CT Real Estate Sales Report for January 2012 - 02/15/12 12:48 PM
Cheshire CT Real Estate Sales Report for January 2012  
 
 
Currently in Cheshire CT there are 109 active residential listings for sale. They range from a 770 square ft, 1-bedroom bungalow listed at $137,500 to a 5100 square ft, 4-bedroom contemporary ranch estate listed at $1,700,000.
 
 
 
The average list price of the homes currently available for sale in Cheshire CT is $474,309. The average days on market for these homes is 138 days. For the month of January, there were 25 additional homes listed for sale in Cheshire CT. 
 
 
There are currently 14 homes under contract in … (3 comments)

Happy Valentine’s Day 2011 - 02/14/12 05:44 AM
Happy Valentine’s Day 2011  
It’s Valentine’s Day and the most important thing to remember is to recognize that special someone in your life.
It’s expected that this year men will spend, on average $185 on their special Valentine, a large portion of which is the cost for that special dinner.
Women, on the other hand, will spend an average of $80 dollars on their special person.
The wise person in me will make no further comment on that statistic.
Happy Valentine’s Day
 
… (16 comments)

Prospect CT Real Estate Sales Report for January 2012 - 02/13/12 11:04 PM
 Prospect CT Real Estate Sales Report for January 2012  

 
Currently in Prospect CT there are 60 active residential listings for sale, with 12 new listings being added in January. The homes for sale in Prospect CT range from an 840 square ft, 2-bedroom mobile home, listed at $20,000 to a 3,086 square ft, 4-bedroom colonial listed at $579,900. The average list price of the homes currently available for sale in Prospect CT is $303,250. The average days on market for these homes are 183 days.
 

 
  There are 11 homes under contract in Prospect CT. The … (3 comments)

How to Start Looking for a Home in Central Connecticut - 02/13/12 09:33 PM
Getting the right start with a home purchase in Central Connecticut is essential to making it go smoothly. Check with a bank, call a real estate agent that knows the area you want your home in, and when we find that hiome, I'll get you through the process with a minimum of stress.
This post gives you the ABC's to going about a purchase
Via Hannah Williams (Re/Max Eastern inc.):
How to Start Looking for a Home in Philadelphia and Bucks County Pa  
 
How to Start Looking for a Home  
  How to start looking for a home in Philadelphia … (0 comments)

Free Online Photo Editing - Picnik's Twin Brother - 02/12/12 08:30 PM
Many ActiveRain members were upset to learn that Picnik was going away.
Brad Andersohn does what he does so well and found an alternative, with enough time for us to use both while making a transition. Thanks Brad
Via Brad Andersohn (Zillow - Outreach Manager):
In a frantic scramble last week to find a replacement for the Picnik.com closure on April 19th, I had written a post featuring 7 different FREE photo and graphic editing sites. 
However, some many of my online friends were hoping to actually find a replacement editor that was similar or at least closer to the same look … (0 comments)

Don't You Think the Water is a Little Cold? - 02/12/12 02:03 PM
Don't You Think the Water is a Little Cold?

 
While showing properties earlier today, I passed by a pond that should have been well frozen over by now. We’ve had such a mild winter so far that, anyone thinking of ice fishing has had to wait or just go further north. This time last year we were into such a deep freeze that those geese would have been on top of feet of snow atop an ice capped lake.

 
The geese in the middle of the water don’t seem to mind a bit and with no ice … (8 comments)

14 Pinecrest Dr Prospect CT - 02/11/12 08:47 PM
 
14 Pinecrest Dr, Prospect CT
 
MLS# N315547, Listed at $155,000
 
 
 
It’s the best real estate value in Prospect CT, already priced well below value.  A home that will provide an instant equity to the home buyer that will provide the TLC needed.
 
 
 

 

 

 
Almost ½ acre of privacyA 7 year old roof architectural roofOne year old hot water heater1 year old well tankUpgraded electrics.
 
This is a home that has served a family for almost 50 years and awaits the new owners.  A taste of rustic retreat … (5 comments)

January 2012 Real Estate Sales Report for The Country Club Road Neighborhood of Waterbury CT - 02/10/12 11:10 PM
January 2012 Real Estate Sales Report for The Country Club Road Neighborhood of Waterbury CT  

 
Currently in the Country Club Road area of Waterbury there are 15 active residential listings for sale, with 3 new listings being added in January. The homes for sale in the Country Club Road Section of Waterbury CT range from a 864 square ft, 3-bedroom tri-level in need of some work, for $139,900 to a 4,002 square ft, 5-bedroom, expanded multi-level home listed at $ 469,900. These listings are within the town zip codes of 06708.
 
The average list price of the … (5 comments)

Some Mortgage Relief for Connecticut Home Owners is Coming - 02/10/12 12:42 PM
Some Mortgage Relief for Connecticut Home Owners is Coming

There may be some relief for home-owners in Connecticut that were victims of the robo-signing scandal. A $25 Billion dollar settlement with the 5 largest mortgaging servicing banks will see almost $200 million dollars find its way into Connecticut.

The 5 banks identified in this settlement are Chase, Wells Fargo, Bank of America, Ally Bank  formerly GMAC  and JPMorgan Chase.

Of importance in this settlement is the reality that banks should be easier to deal and communicate with for borrowers. The frustrations of getting passed along form … (5 comments)

Tips on Buying a Short Sale Home - 02/08/12 08:27 PM
Tips on Buying a Short Sale Home
 
 

 
There are many horror stories on the issues that arise when trying to buy a short sale home. Many times the stories are unfounded and are generated by agents that do not understand the short sale process and getting the system to work properly.
 
A short sale listing, is a home that is being sold for less than the value of the outstanding mortgage, or shortage. The process will start a couple of weeks prior to the home even being listed on the market, as the listing agent needs … (29 comments)

2011 Year End Real Estate Market Update for Middlebury CT - 02/07/12 09:27 PM
2011 Year End Real Estate Market Update for Middlebury CT
 
 
For the year 2011 in Middlebury CT, there were 62 residential real estate sales for an average of 5 sales per month. This is referred to as the absorption rate. Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market. 6 months worth of inventory is considered a balanced market.  Less than 6 months is a sellers’ market and anything over 6 months is a buyers’ market.
The average value for the homes … (8 comments)

What are your favorite kind of blog posts? - 02/06/12 10:03 AM
For all bloggers there will be occasions when the fodder gets clouded and the computer screen is blank.
There are some excellent ideas wihtin this blog to keep the mind churning and the blog tube filled.
Via Susanna Haynie -Colorado Springs Realtor When life gets you moving...719-321-0800 (Springs Preferred Realty, LLC):
How many types of blog posts are there? Which blog posts have you NOT done yet?
1. How to/tutorial posts These kind of posts are pretty popular and readers usually love them. Pick one specific and fairly small issue or problem that you can solve for your readers. Describe it in … (0 comments)

Waterbury CT Real Estate Sales Report for January 2011 - 02/06/12 09:58 AM
Waterbury CT Real Estate Sales Report for January 2011  

Currently in Waterbury CT there are 442 active residential listings for sale, with 77 new listings being added in January. The homes for sale in Waterbury CT range from a 3,166 square ft, 4-bedroom corporate owned colonial in need of complete re-hab, for $15,000 to a 3,850 square ft, 3-bedroom, split level listed at $399,900. These listings are within the town zip codes of 06702, 06704, 06705, 06706, 06708, 06710, and 06720.

 

The average list price of the homes currently available for sale in Waterbury CT is $136,353. … (3 comments)

Super Bowl Sunday Where's the Food? - 02/05/12 10:41 AM
Super Bowl Sunday  Where's the Food?  
 

 
Super Bowl XLVI is just hours away. A normal football game of 60 minutes, will take 3 hours to play, but Super Bowls take upwards of 4 ½ hours.
An important part of a Super Bowl is the food and this should be no exception. The list is a compilation of facts based on previous years of Super Sundays.
Take some inspiration from the following game day statistics to either follow the trends or to take the food path less traveled with healthy and gourmet game day snacks.
Super Bowl Sunday … (12 comments)

A Little Beauty of a home 15 Kaynor Drive Waterbury CT - 02/04/12 05:54 PM
A Little Beauty of a Home, 15 Kaynor Drive Waterbury CT  MLS#N322368, Available for $120,000  
Located on the western end of Bunker Hill this well maintained 2 bedroom ranch is close to the Oakville CT line. Steps from the bus line, this home has a level yard, hardwood floors, upgrades to kitchen, with a flow that's ideal for first time home buyers.
 
 

 
A Little Beauty of a Home, 15 Kaynor Drive Waterbury CT  MLS#N322368, Available for $120,000 … (7 comments)

Sellers, It's Time to Accept the Reality of Our Connecticut Market - 02/03/12 05:32 PM
Sellers, It's Time to Accept the Reality of Our Connecticut Market
Sales statistics have just been released for Connecticut Real Estate Homes Sales for 2011 and they are not positive. Sales in Connecticut were at their lowest levels since the mid 1980's.
For 2011, sales of single family homes were 13 per cent less than the previous year and run a consecutive streak of 7 straight years of decline.
Sellers who have been in their homes for years, and had seen the value at the height of the market, have a difficult time accepting that their home, however grand it might … (9 comments)

Please Reblog - Gail Wants Her ASUS Zenbook Back! - 02/02/12 10:11 PM
We live with our electronics and when we have even the slightest issue with a computer it's a major issue for a real estate professional.
Gail Robinson, went online and bought a top of the line ASUS Zenbook, that worked just long enough to get past the 30 days return it period. It's been sent in for repairs and ASUS is slower than slow in acknowledging the problem and getting the computer repaired.
Nothing could be worse for a professional than to have someone speak ill of them. How important is it for a company like ASUS to know that a platform … (0 comments)

Groundhog Day Feb 2 2012 Six More Weeks of Winter! - 02/02/12 08:46 AM
Groundhog Day, Feb 2, 2012, Six More Weeks of Winter

 

Today is Groundhog Day, the annual right of early spring when a known member of the rodent family, known as either Punxsutawney Phil, or Staten Island Chuck, or Sir Walter Wally, or General Beauregard Lee or Warton Willie and a host of others.

 

 
Punxsutawney Phil emerged to see his shadow before chilly revelers, meaning winter will last another six weeks. In other less attended areas, some of Phil’s cousins did not see their shadows.
Phil may have been a little confused by the shadows created by all … (10 comments)

Taft Pointe Condos in Waterbury CT, Comfort and Convenience - 02/01/12 08:41 PM
Taft Pointe Condos in Waterbury CT, Comfort and Convenience  

Located at the end of Oronoke Road in Waterbury CT is the Taft Point Condominium complex. The units in this association are much sought after as they are a perfect size for young professionals looking for their first home and not wanting to have the responsibilities of maintenance.
The condos at Taft Pointe are predominately townhome style units, most with garages. There are a small number of 1 bedroom efficiency units, but the original units are 2 bedroom town house condos, with large master bedrooms and walk in closets.

… (6 comments)

 
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Ed Silva CDPE, GRI, ABR, Real Estate Agent

Waterbury, CT

More about me…

RE/MAX Professionals, CT 203-206-0754

Address: Prospect, Cheshire, Wolcott, Waterbury, Naugatuck, Middlebury, Watertown, Southington,Thomaston, Plantsville, CT, 06479

Office Phone: (203) 271-8000 x 18

Cell Phone: (203) 206-0754

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