|
| |
connecticut real estate: 2010 New Home Sales Lowest in 47 Years. Opportunity? - 01/26/11 12:19 PM
Major newspapers ran the story today. Statistics gathered by the U. S. Commerce Department show sales of 321,000 new homes in 2010, down a whopping 14.4% from the 375,000 units sold in 2009. This is the 5th consecutive year of declines, since prices peaked in the boom year of 2005. The Wall Street Journal calls 2010, "the worst year on record for the battered building industry" (Zibel & Bates, WSJ 1/26/11), and states tht 600,000 units per year is considered to be a "healthy" rate of sales by most economists. These are sobering words, but what do they mean for each of us? The governent culls this … (2 comments)
|
connecticut real estate: The wisdom of Solomon; the patience of Job - 10/13/09 09:20 AM
People often ask me what is takes to be a successful real estate agent. The above referenced skill set comes to mind. In a market like this, it takes experience to know that the economy will eventually turn around. We need to convey that sense of hope to our clients, and particularly to our buyers who are frozen with fear at the thought of putting their hard earned dollars down on a property that may drop in value. We seasoned agents have seen downturns before. Over time, the market bounces back.
Here in Connecticut, there is a sense that the dark clouds … (0 comments)
|
connecticut real estate: Facing Foreclosure in Connecticut? - 02/10/09 11:56 PM
This is not grim news. Instead it is meant to help people who may have fallen behind on their mortgage payments. This Saturday, Valentine' s Day, The Federal Reserve Bank of Boston is sponsoring a Foreclosure Prevention Workshop at the Hartford Convention Center from 10 a.m. to 4 p.m. Bankers and credit counsellors will be available to talk to struggling homeowners. In similar events, many homeowners have been able to reduce their mortgage payments after speaking to their lender.
I was informed of this event by an email from my Senator Joseph Lieberman. The event is free, open to the public, and no … (0 comments)
|
|
|
|
|
|
Millie Legenhausen, CRS, GRI, CIPS, MBA
Hamden,
CT
More about me…
Home & Hearth Realty, Hamden, Connecticut
Address: 1220 Whitney Avenue, Suite C-1, Hamden, CT , 06517
Office Phone: (203) 287-1886
Cell Phone: (203) 214-4447
Email Me
Local market commentary, general economy commentary, sharing of lessons learned from years of experience in changing real estate markets.
 Listings
Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)
;)