A Green Planet Starts with a Green Town - 12/13/08 04:32 PM
In previous blogs, I talked about my Ecobroker Certification and how this has had an effect on my involvement in local community here in Essex, CT
Went to my first Essex Town Planning Commission meeting as an interested citizen and member of the "Essex Committee for Clean Energy".  My purpose was to support our committee of 5 to promote both an Energy Policy and a Climate Action Plan for our small town (6,000+ people). 
Our committee has been working hard to find out how to get started and to convince our town to move forward on making our town "Green".  There are … (3 comments)

Market Statistics for SE Connecticut Through Nov 2008 - 12/05/08 05:15 PM
For this time period, the number of sales (closings) decreased slightly but the absorption rate INCREASED from 10.6 to 17.5 (months to sell existing inventory -- a change of +65.1% compared to the same period last year).  We compared MLS data from 22 towns along the shoreline from Branford to New London. As for PRICES (median price) there was only a 2.8 % decrease comparing 2007 with 2008 (from $380,842 to $370,280).
A summary of residential real estate statistics through Nov. 30 2008 for 22 Shoreline towns (from Branford to New London) are shown below: 
Looking at closings at various price … (1 comments)

Economists Predicting Housing Prices? That’s scary! - 12/02/08 09:12 PM
When ever I read an article in a national newspaper (like the Wall Street Journal) about real estate, I pause and count to 10 because my clients may be reading the same article and draw the same conclusions – after all, the writers are talented journalists who do extensive research and write informative articles that apply to their readers – the whole country!!
What’s the problem? Real estate is a regional, localized business that changes from town to town within the same county!
Let’s look at some of our local statistics in southern Connecticut. For the 22 towns in my service … (1 comments)

 
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Edward McCaffrey, ABR, GRI, e-PRO

Essex, CT

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