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foreclosure: Recap of Short Sales in Newtown, CT for 2011 - 01/17/12 05:03 PM
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Recap of Short Sales in Newtown, CT for 2011 Over the course of 2011, we posted several blog entries about the status of short sales in Newtown, CT. With the advent of the New Year, we thought a recap of this segment of this local real estate market would be in order.
In the table below, we have provided both 2011 and 2010 short sale information for a comparison.
It's interesting to see that the number of sold short sales decreased in 2011 and the number of actively listed short sales increased. The numbers pretty much flip flopped. We attribute this change to buyers being … (1 comments)
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foreclosure: Short Sales in Newtown, CT - as of 5/23/2011 - 06/02/11 07:11 AM
Short Sales in Newtown, CT - as of 5/23/11. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
As of today, the short sale market in Newtown looks like this:
25 are Actively listed for sale 16 have taken price reductions 2 are under deposit 4 are pending sale 3 have closed in 2011 3 have been withdrawn or canceled 0 were re-listed for sale 1 have expired The price … (3 comments)
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foreclosure: Short Sales in Newtown, CT - as of 1/08/2011 - 01/08/11 03:54 PM
Short Sales in Newtown, CT - as of 1/08/11. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
As of today, the short sale market in Newtown looks like this:
18 are Actively listed for sale 8 have taken price reductions 0 are under deposit 4 are pending sale 0 have closed in 2011 13 have been withdrawn or canceled 8 were re-listed for sale 15 have expired The price … (1 comments)
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foreclosure: Recap of Short Sales in Newtown, CT for 2010 - 01/07/11 05:13 PM
Recap of Short Sales in Newtown, CT for 2010 Over the course of 2010, we posted several blog entries about the status of short sales in Newtown, CT (see below for links). With the advent of the New Year, we thought a recap of this segment of this local real estate market would be in order.
In the table below, we have provided both 2010 and 2009 short sale information for a comparison.
* = Data Not Compiled
In comparing the 2 years of short sale data in the table, it is clearly evident that there were many more short sale transactions in Newtown, CT … (5 comments)
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foreclosure: Short Sales in Newtown, CT - as of 10/22/10 - 10/23/10 03:00 PM
Short Sales in Newtown, CT - as of 10/22/10. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
As of today, the short sale market in Newtown looks like this:
19 are Actively listed for sale 8 have taken price reductions 0 are under deposit 3 are pending sale 24 have closed in 2010 9 have been withdrawn or canceled 5 were re-listed for sale 9 have expired The price … (1 comments)
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foreclosure: Short Sales in Newtown, CT - as of 8/21/10 - 08/21/10 10:02 AM
Short Sales in Newtown, CT - as of 8/21/10. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
As of today, the short sale market in Newtown looks like this:
17 are Actively listed for sale 10 have taken price reductions 0 are under deposit 5 are pending sale 21 have closed in 2010 9 have been withdrawn or canceled 3 were re-listed for sale 5 have expired The … (3 comments)
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foreclosure: Short Sales in Newtown, CT - as of 6/29/10 - 06/29/10 03:36 PM
Short Sales in Newtown, CT - as of 6/29/10. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
As of today, the short sale market in Newtown looks like this:
17 are Actively listed for sale 12 have taken price reductions 1 is under deposit 10 are pending sale 16 have closed in 2010 8 have been withdrawn or canceled 2 were re-listed for sale 2 have expired … (2 comments)
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foreclosure: Own It, Keep It - 06/03/10 04:47 PM
The Connecticut Association of Realtors has launched a new site and program called "Own It, Keep It".
Straight from the website, here is the mission statement:
"Own it, Keep It!'s goal is simple-to promote wise and responsible decisions regarding owning and keeping a home by offering information and resource to prospective home buyers and home owners alike." Connecticut is leading the nation with this new program. Other states are using CT as a model of helping homeowners. This program was designed by the Connecticut Association of Realtors, Inc, (CAR) the Connecticut Housing Finance Authority (CHFA) and the U.S. Department of Housing … (7 comments)
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foreclosure: Foreclosure Properties Deserve Customer Service, Too - 04/14/10 12:49 PM
Foreclosure Properties Deserve Customer Service, Too Last Fall, we started to represent banks in the sale of their foreclosure properties. We had always heard that a foreclosure property was a lot of work, but we they would be a great source of business for us. We had some new terminology to learn and quickly got up to speed with our responsibilities with a REO property.
To help us manage our new responsibilities, we hired someone to check on each foreclosure property weekly and complete a form for us. For some banks, this form is then forwarded onto the Asset Manager and for … (2 comments)
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foreclosure: 5 Acorn Drive, Newtown, CT - Just Listed - 04/13/10 03:46 PM
5 Acorn Drive, Newtown, CT was LISTED FOR SALE by BOB & RICHELLE WARD, Realtors, ABR
SOLD: 5/24/2010 FOR $420,000
List Price: $439,900 4 Bedrooms, 2.5 Bathroom 2,603 Square Feet 2.06 Acres 4 bedroom, 2.5 bathroom custom Colonial with updates. Foyer with brick flooring, hardwoods throughout. Fireplace in Formal Living Room and in Family Room. Built-ins in Family Room. Newer Kitchen, screened in porch. Side covered entry into Family Room. Central A/C. Corner lot - driveway on antler pine. Foreclosure sold "As Is".
Click here for more information about 5 Acorn Drive, Newtown, CT.
Bob & Richelle Ward, Realtors, ABRPrudential Connecticut Realtywww.connecticuthomesforsale.comCell - (203) 470-9818
… (6 comments)
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foreclosure: Short Sales in Newtown, CT - as of 4/9/10 - 04/09/10 11:05 AM
Short Sales in Newtown, CT - as of 4/9/10. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
As of today, the short sale market in Newtown looks like this:
19 are Actively listed for sale 3 are under deposit 9 are pending sale 9 have closed in in 2010 7 have been withdrawn or canceled 1 was re-listed for sale The price range of the … (5 comments)
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foreclosure: Short Sales and Foreclosure Resource Certification - 03/28/10 02:44 PM
Short Sales and Foreclosure Resource Certification: Bob and Richelle Ward, licensed Realtors with Prudential Connecticut Realty, are very pleased to announce their recent completion of the National Association of Realtors' (NAR) Short Sales and Foreclosure Resource Certification program. This certification will allow Bob and Richelle to better assist those home buyers who are behind in their mortgage payments and also assisting buyers who are interested in purchasing a distressed property (short sale and foreclosure).
If you are behind in your mortgage payments and are facing foreclosure, contact us ASAP. We understand and promise to keep your information confidential. The foreclosure clock is ticking.
If you need to sell … (6 comments)
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foreclosure: Short Sales in Newtown, CT - as of 2/8/10 - 02/08/10 03:46 PM
Short Sales in Newtown, CT - as of 2/8/10. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
As of today, the short sale market in Newtown looks like this:
16 are Actively listed for sale 2 are under deposit 8 are pending sale 1 closed in January 1 closed in February The price range of the actively listed short sales in Newtown … (0 comments)
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foreclosure: Recap of Short Sales in Newtown, CT 2009 - 02/08/10 03:28 PM
Recap of Short Sales in Newtown, CT 2009 So several times during 2009, we posted blog entries about the status of short sales in Newtown, CT. With the advent of the New Year, we thought a short recap would be in order.
So here's how short sales in Newtown shook out for the year:
# of short sales sold in 2009: 10# of short sales that were pending sale at year end: 5# of short sales still actively listed at year end: 18
Below are links to our 2009 short sale posts:
# of Short Sales - January 2009# of Short Sales - March … (4 comments)
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foreclosure: Short Sales in Newtown, CT - as of 9/20/09 - 09/20/09 04:26 PM
Short Sales in Newtown, CT - as of 9/20/09. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
There has been a lot of activity in the Newtown, CT short sale market since our last short sale post. August and September have shown the greatest number of closed short sales since we started tracking them. As of today, the number of short sales increased by 8.7% to 25 (twenty-five) actively listed … (2 comments)
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foreclosure: What Is Foreclosure? - 08/13/09 10:31 AM
What is foreclosure? This question at the top of our list of frequently answered questions (FAQ)! Many buyers and sellers have heard the term "foreclosure", but many are not really sure as what it means. Depending on who we are talking to, the answer to this simple question can convey a vastly different meaning.
The simple answer to "what is foreclosure" is that the bank has taken ownership of a home - usually due to the mortgage not being paid for several months. Once buyers and sellers hear this answer, other questions follow and the conversations that come out of "what is foreclosure" can lead almost anywhere.
Foreclosure is a legal matter … (0 comments)
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foreclosure: Short Sales in Newtown, CT - as of 7/22/09 - 07/22/09 04:08 PM
Short Sales in Newtown, CT - as of 7/22/09. Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sale activity in Newtown, CT.
The number of possible short sales in Newtown,CT has increased approximately 55% from our last short sale post. This increase continues the pattern we've seen since September 2008. As of today, there are 23 (twenty three) actively listed homes that are identified as being a "possible short sale" … (0 comments)
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foreclosure: Foreclosure and Short Sale Seminar - June 30, 2009 - 06/25/09 05:09 PM
Prudential Connecticut Realty's Newtown Office will be holding an informative seminar for anyone who would like to know more about foreclosure and short sale properties. Attorney Frank Lieto of Lieto & Greenberg LLP will discuss short sales and Attorney Larry Riefberg of Reifberg, Smart, Donohue and NaJame, P.C. will talk about foreclosures.
Date: Tuesday, June 30, 2009 Time: 6:00 pm Location: 33 Church Hill Road, Newtown What is a short sale? Short Sale is a term that we hear quite often these days. A short sale is when there is not enough money in the transaction to satisfy all the obligations of the … (0 comments)
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foreclosure: Newtown, CT - # of Short Sales - as of 5/31/09 - 05/31/09 02:12 PM
Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you every 2 months about the short sales activity in Newtown, CT.
The number of possible short sales in Newtown has increased 200% from our last short sale post. This is the largest increase we've seen since we first started posting about this subject. As of today, there are 15 (fifteen) actively listed homes that are identified as being a "possible short sale" on the multiple listing … (4 comments)
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foreclosure: Newtown, CT - # of Short Sales - as of 3/21/09 - 03/21/09 10:22 AM
Back in September 2008, we posted a blog titled "Short Sale - What is It?". We think this is useful information as we frequently explain what a short sale is to both buyers and sellers. Our intention is to update you from time to time about the number of short sales actively listed for sale in Newtown, CT.
There is a special code on our multiple listing service (MLS) that indicates a possible short sale. We did a search using this code and came up with five (5) houses that are identified as a possible short sale. They range in price from $355,000 to $1,355,000. One of these homes were on our original short sale list … (2 comments)
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Bob and Richelle Ward, Realtors, ABR
Newtown,
CT
More about me…
Prudential Connecticut Realty
Address: 84A South Main Street, Newtown, CT, 06470
Office Phone: (203) 304-4224
Cell Phone: (203) 470-9818
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