Marilyn Katz -'s Blog

Westport, CT - Staples Advances to 2nd Round of State Tournament

Wed, 11 Nov 2009 14:17:58 -0600

Staples High School Boys Soccer advances to 2nd round of State Tournament

The final scoreboard said it all. Staples Boys Soccer successfully advanced through the first round of the State LL (extra large school) Tournament, besting West Hartford's Conard High School, 4-1.

The team started the game still pumped up from the adrenaline rush of capturing their 26^th Fairfield County Interscholastic Conference (FCIAC) title, last week. Fourteen minutes into play, they scored their first goal and settled into their game, never relinquishing the lead.

Just before the end of the half, Staples converted a penalty kick for a 3-0 lead

The large crowd enjoyed the glorious fall weather as they came out to support the team. Fans will again have the opportunity to "fill the hill", on Thursday, when Staples meets Newtown, in the round of sixteen.

Westport, CT: Code Red Emergency Notification System in Action

Mon, 02 Nov 2009 13:59:27 -0600

Westport, CT: Code Red Emergency Notification System in Action

It was just a year ago that Westport First Selectman, Gordon Joseloff, announced that the Town of Westport had contracted with Emergency Communications Network, Inc. for its Code Red emergency notification system. The system sends out emergency notifications based on geographic locations. Home addresses are used to select which phones receive alerts.

Although the town maintains a database of residential and business numbers, Westport residents were encouraged to register their home phones. They could also register their cell phone numbers, if they wanted mobile notification.

At the time, my husband registered our phones and I never gave the system another thought. So, I was quite surprised, Friday afternoon, when my cell phone displayed a call from "Westport Code Red." It was even more startling when the call started out "a missing person alert.." Who was missing? Why was I getting the call?

The message continued...a 74 year old woman, suffering from dementia, wandered away from her home. Some details were provided of her description and where she was last scene.

Shortly after relatives notified the police, the town wide Code Red alert was issued. A resident who received the call noticed someone matching the woman's description, walking along the road. The police found her, a few minutes later, and brought her home.

A second message was issued, announcing the prompt and positive results.

The system was also effectively used a week ago, when shoreline residents were warned of possible flooding and urged to move their vehicles. The warning helped avert potential damage to their cars.

Westport, CT - There's a New Market in Town

Wed, 14 Oct 2009 14:54:16 -0500

Westport, CT - There's a New Market in Town

Wednesday, October 14, 2009 brought the much anticipated opening of "The Fresh Market", in Westport, CT. Local residents filled the parking lot, as they waited for the doors to open, at 9:00 A.M. Throughout the morning, shoppers were offered free samples of coffee, sushi, flavored tea and other treats. The first 1000 customers were invited to enter the Grand Opening TFM Pantry Giveaway, for a prize valued at approximately $500.

Corporate executives were available throughout the store, to speak to customers, listen to first impressions and answer questions about The Fresh Market and its products. The store is positioned as an upscale specialty market. The philosophy is to offer the service of an "Old Fashioned Grocery Store." The store is designed to evoke the feeling of open European style markets. Perishable items are available unpackaged for individual selection. Store departments include meat, seafood, produce, cheese, bakery, coffee, grocery, dairy and floral.

The company is based in Greensboro, North Carolina. There are currently 92 Fresh Market stores, in 18 states. Westport is the first New England store. The next store will be opened in Boston, in April or May, 2010.

Norwalk, CT - Raised Ranch on Quiet Cul-de-Sac

Wed, 30 Sep 2009 15:23:15 -0500

Marilyn Katz | Prudential CT Realty | 203-429-1041

26 Dorset Road, Norwalk, CT

Quiet Cranbury Area Cul-de-Sac

4BR/2.5BA Single Family House

offered at $499,000

Year Built	1963
Sq Footage	2,212
Bedrooms	4
Bathrooms	2 full, 1 partial
Floors	2
Parking	2 Car garage
Lot Size	13,068 sqft
HOA/Maint	$0 per month

DESCRIPTION

Wonderful location, on quiet cul-de-sac in desirable Cranbury area. Contemporized Raised Ranch with 4 bedrooms, 2.5 baths, CA. Main level paneled den with cathedral ceiling opens to private patio deck. Lower level family room with fireplace. Lots of storage. Oversized, attached, 2-car garage. Convenient commuter location.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Fireplace	- High/Vaulted ceiling
- Hardwood floor	- Tile floor	- Family room
- Living room	- Office/Den	- Dining room
- Dishwasher	- Refrigerator	- Stove/Oven
- Attic	- Washer	- Dryer
- Laundry area - inside	- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Front	Living Room
Den	Kitchen
Family Room	Patio/Deck

Contact info:

Marilyn Katz

Prudential CT Realty

203-429-1041

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 30, 2009, 12:38pm PDT

Quintessential Connecticut Country Colonial - Fairfield, CT

Fri, 11 Sep 2009 10:08:19 -0500

Marilyn Katz | Prudential CT Realty | 203-429-1041

126 Rolling Hills Drive, Fairfield, CT

Quintessential Connecticut Country Colonial

4BR/3BA Single Family House

offered at $890,000

Year Built	1980
Sq Footage	3,095
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	87,120 sqft
HOA/Maint	$0 per month

DESCRIPTION

A home for all seasons. Two fireplaces offer cozy spots to warm the winter evenings. Beautiful flowering shrubs welcome the spring. Enjoy summer dinners on the deck, overlooking the peaceful back yard. Come home, this fall, to your charming colonial on a quiet tree-lined street, yet only minutes away from shopping, H. Smith Richardson Golf Course and the Merritt Parkway.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Fireplace	- Walk-in closet
- Hardwood floor	- Family room	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Granite countertop
- Attic	- Basement	- Washer
- Dryer	- Laundry area - inside	- Balcony, Deck, or Patio
- Yard

COMMUNITY FEATURES

- Golf course

OTHER SPECIAL FEATURES

- Special financing incentives available on this property through SIRVA Mortgage.

ADDITIONAL PHOTOS

Front	Living Room
Dining Room	Kitchen
Master Bedroom	Back Yard

Contact info:

Marilyn Katz

Prudential CT Realty

203-429-1041

For sale by agent/broker

Equal Opportunity Housing

Posted: Sep 11, 2009, 6:53am PDT

First-Time Home Buyer Tax Credit - Time is Running Out

Mon, 31 Aug 2009 10:56:19 -0500

First-Time Home Buyers - Time is Running Out to qualify for your $8,000 Tax Credit

This past month, I've seen headlines proclaiming "120 days left", "115 days left", "95 days left" for the $8,000 First-Time Home Buyer Tax Credit. Sure, this program is in effect through the end of November, but those headlines are misleading.

To qualify for the credit, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the past three years. The full credit is available for single taxpayers with incomes up to $75,000 and married couples, with incomes up to $150,000. The credit phases out to zero, at incomes of $95,000 and $170,000, respectively.

In order to receive the credit, you must close on your home purchase no later than November 30, 2009

As of July 30, the Federal Reserve Board made effective the final changes to the Mortgage Disclosure Improvement Act of 2008 (MDIA). The final rules revise the disclosure requirements for mortgage loans made under the Truth in Lending Act (TIL), and apply to all local banks, major lenders, mortgage bankers and brokers. As a result, it can now take 45 and possible 60 days (FHA loans) from the time you finalize the contract on your home, until the closing.

Once you agree to a price on your new home purchase, you need to allow time to conduct inspections, possibly renegotiate the price, finalize your contract and secure your mortgage. Allowing for that time means you only have until the end of September, or certainly no later than mid-October, to find your new home and finalize your purchase contract.

Don't miss out on this opportunity. Interest rates remain relatively low, prices have softened and the government is offering you an incentive to buy.

Wordless Wednesday - Westport Prudential Office - Flip Flop Party

Wed, 19 Aug 2009 20:54:48 -0500

Photograph taken with a Point and Shoot Nikon, Coolpix S1. Photo has been cropped but not otherwise enhanced in any way. Photo displayed taken by Marilyn Katz and is covered by Copyright, all rights reserved and may not be reproduced without express written permission,

Easton, CT - Charming 4-Bedroom Antique Farmhouse

Mon, 10 Aug 2009 11:07:35 -0500

Marilyn Katz | Prudential CT Realty | 203-429-1041

85 Beers Road, Easton, CT

Charming 4-Bedroom Antique Farmhouse

4BR/2BA Single Family House

offered at $498,600

Year Built	1915
Sq Footage	1,665
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	56,628 sqft
HOA/Maint	$0 per month

DESCRIPTION

Best of Both Worlds!! Enjoy the character and charm of yesteryear in this early 1900's farmhouse cape, with updated amenities for energy efficient living. Appreciate the quiet country setting on pastoral 1.3 acres, yet only minutes to the Merritt Parkway, for a convenient commuter location.

see additional photos below

PROPERTY FEATURES

- Hardwood floor	- Living room	- Office/Den
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Basement	- Washer
- Dryer

ADDITIONAL PHOTOS

Front View	Living Room
Dining Room	Den
Bath	Side Yard

Contact info:

Marilyn Katz

Prudential CT Realty

203-429-1041

For sale by agent/broker

Equal Opportunity Housing

Posted: Aug 10, 2009, 8:53am PDT

Weston, CT - Great Rental on Private Country Setting

Sat, 01 Aug 2009 21:13:41 -0500

Marilyn Katz | Prudential CT Realty | 203-429-1041

96 Old Easton Turnpike, Weston, CT

Weston, CT Rental with new kitchen, 4 bedrooms, 2 fireplaces, large
private backyard

4BR/3BA Single Family House

$2,900/month

Bedrooms	4
Bathrooms	3 full, 0 partial
Sq Footage	2,312
Parking	2 dedicated
Pet Policy	No pets
Deposit	$2,900

DESCRIPTION

Great rental opportunity in Lower Weston. New kitchen features granite countertops, SubZero refrigerator, Bosch D/W, Thermador cooktop and double wall oven. Private setting abuts 16 acres of open space.

see additional photos below

RENTAL FEATURES

- Fireplace	- Hardwood floor	- Family room
- Living room	- Dining room	- Dishwasher
- Refrigerator	- Stove/Oven	- Granite countertop
- Stainless steel appliances	- Attic	- Basement
- Washer	- Dryer	- Laundry area - inside
- Balcony, Deck, or Patio	- Yard	- Cable-ready

LEASE TERMS

Owner will consider flexible terms, up to one year, through August 31, 2010. Tenant pays all utilities, liability insurance and snow removal. Owner will cover lawn maintenance.

ADDITIONAL PHOTOS

Front entry	Living Room
Kitchen	Porch
Deck	Back Yard

Contact info:

Marilyn Katz

Prudential CT Realty

203-429-1041

Equal Opportunity Housing

Posted: Aug 1, 2009, 5:38pm PDT

Westport, CT Pleasure Boating - A Gender Perspective

Thu, 30 Jul 2009 15:15:51 -0500

Sitting at Compo Beach, our first summer in Westport, watching a parade of boats power and sail in and out of the harbor, I knew that I wanted to spend future summers out there, on the water. One of the many attractions of living in Westport, CT, is its location along Long Island Sound. Boating is a popular resident activity, with local accommodations available at private yacht clubs, public and town owned marinas,

Our first boat was a 17 ½ foot, inboard/outboard, complete with camper top. Armed with the knowledge gained from our Power Squadron Safe Boating Course, we ventured out, onto the Westport waters.

After zipping around the local waters, we often anchored off Cokenoe Island, sometimes flipping the engine up and pulling the boat close enough to walk ashore. In 1967, United Illuminating proposed building a nuclear power plant on the island. A group of Westporters filed suit against UI's proposal and their challenge prevailed, in court. As a result, Cokenoe remains a favorite anchorage for Westport boaters.

It didn't take us long to realize that we wanted to expand our horizons and cruise Long Island Sound, docking at inviting ports, along the way. Our second boat was a 25-ft ChrisCraft Express Cruiser, with a v-berth and convertible dinette, just large enough to allow our family of four to stay overnight. After a couple of summers, we again traded up. By now, we were members of Saugatuck Harbor Yacht Club, surrounded by ever larger vessels. Our sights were once again set on a larger boat. We now wanted a twin screw boat, large enough to sleep six, with air conditioning, two heads, full size refrigerator and color TV.

I recall a boating friend of ours quipping that the first 25 feet of boat you buy for yourself. After that, the additional size is for guests. Although our larger "yacht" allowed us to spend extended vacations travelling to Montauk, Block Island and Newport, I can't totally disagree with his assessment. Friends and relatives were regularly invited for a day trip which might include swimming, fishing and, of course, lunch. Weekend jaunts often found us rafted up with a half dozen member boats, at selected harbors along Long Island's North Shore. While the Captains/husbands plotted the course, checked the tides, and made sure that engines, generators and navigation equipment were all in working order, the more important preparations guaranteed that galleys were well stocked and ready to provide extensive cocktail hours and elaborate dinners.

In recent years, we've done more boating at the dock, than at sea. Over time, most of our cruising companions left boating or moved away. Our boat has become our summer home. We still spend weekends (and some stolen weekdays) onboard. From my perspective, the surroundings are terrific. My view from the back deck is of boats and water. It's a great spot to pull up a chair, put my feet on the railing and read a good book.

As for the guys' perspective...Well...They can always find something interesting to do in the bilge!

Real Estate Sales and the De-Vine Contingency

Tue, 02 Jun 2009 20:49:08 -0500

Offer and counter-offers go back and forth and the buyers and sellers finally reach an agreement on price. The homeowners breathe a sigh of relief, knowing their home is finally sold...or not!

Let's Make A Deal

While price may be the major issue in reaching an agreement, there may still be hurdles to overcome before the deal becomes a closed transaction. More often than not, there are additional conditions, known as contingencies, which must be cleared, before the sales contract is enforceable. Each contingency will include an action and a date by which it must be met or removed and an understanding of who is responsible for covering any cost incurred. If the contingency cannot be met, the buyers may escape the contract without forfeiting the deposit. The most common contingencies deal with mortgages and property inspections.

Mortgage Commitment

In addition to obtaining a loan commitment by a given date, the mortgage contingency may stipulate specific terms, such as 30-year, fixed rate, at a given interest percentage. Failure to qualify financially is the most obvious reason for being unable to obtain a mortgage. However, particularly in the current environment of falling home prices, the loan commitment may be denied because the property does not appraise at a high enough value.

Property Inspections

The buyers will want a home inspection done to determine the physical and systems condition of the property. The inspector will examine such structural conditions as roof, windows, siding and foundation, and systems conditions, including plumbing, heating and electrical. Other inspections may include testing for water quality, pest infestation, radon, lead paint and asbestos. Depending on the property, the buyers may also require inspections of the oil tank, septic system, well, pool and tennis court.

If any unacceptable conditions are discovered, the buyers may ask for them to be remediated, be given a credit or have the contract cancelled. There will be a specified time period in which to resolve the situation or terminate the sale.

Other Contingencies

In some cases, the contract may include a property sale contingency. In this instance, the buyers will make the sale contingent on their being able to sell their current home. In some areas, this is known as a Hubbard Clause. Other contract limitations may include contingencies that are only applicable to a particular property.

Most agents will advise their homeowners to remove and replace any fixtures they want to keep, before they put their home on the market. The buyers may acknowledge that the chandelier, sconces, etc. are excluded from the sale, but having seen the item, they may require that a comparable fixture be installed in its place. Guaranteed, if Grandma's chandelier is still in place, and the sellers can't bear to part with it, it will become a condition (contingency) of sale.

On a rare occasion, a contingency will make it into the contract, based on an erroneous assumption. Such was the case of a contingency stating that the sellers had to kill and remove the poison oak vine, growing around a large tree. It turned out that the objectionable growth was a Climbing Hydrangea Vine that the homeowners had a local nursery plant and train, to climb the tree.

This contingency will heretofore be known as the

De-Vine Contingency.

Westport, CT - Community Shred Day

Tue, 12 May 2009 14:03:06 -0500

On Saturday, May 9, citizens representing 99 Westport residences made their way to the Westport/Weston Health District Parking Lot, to take part in Westport's first Community "Shred Day."

While visiting her daughter in Chapel Hill, NC, Westporter Nina Streitfield was impressed by the use of local shred days. She wrote to Westport's First Selectman, Gordon Joseloff, suggesting the activity for Westport. Joseloff liked the idea and turned to Town Clerk Patricia Strauss to help implement the program. After interviewing three vendors, the town contracted with Secure EcoShred of Brookfield, who enthusiastically endorsed the effort and offered their services at a deep discount.

Under the program, each household was allowed to bring up to five, 12 X 18 inch boxes of papers to shred. Paper shopping bags could be used as substitutes for the boxes.

As cars pulled into the lot, Patty Strauss and Pat Scully checked people in, confirming residency and noting the number of boxes/bags to be shredded.

Members of the Staples High School Service League of Boys (SLOBS) then helped residents unload their cars and carry their boxes to the shredder.

From 9 A.M. until Noon, Westporters took the opportunity to safely dispose of documents containing confidential information, including cancelled checks, tax papers and bank statements. Some residents parted with personal papers, such as old love letters.

By the end of the morning, the contents of 237 boxes, containing 5000 lbs of paper, had made its way through the shredder.

Wordless Wednesday - Happy Passover

Tue, 07 Apr 2009 23:42:35 -0500

Photograph taken with a Point and Shoot Nikon, Coolpix S1. Photo has not been enhanced or edited, in any way. Photo displayed taken by Marilyn Katz and is covered by Copyright, all rights reserved and may not be reproduced without express written permission,

Travails of Travel - Part II

Sat, 28 Mar 2009 19:20:41 -0500

Part II - Taking Off Is Hard To Do

Part I, of this saga, ended as I arrived at Terminal 8, with 48 minutes to check my luggage, clear security and make it to the gate. Checking my bag and clearing security went smoothly. My flight was on time, leaving from Gate 46.

Terminal 8 is designed with gates along two parallel legs. In keeping with how the day was going, Gate 46 was at the end of the far leg. Okay, I still had time. All I had to do was cross the first building, escalator down, cross another expanse, escalator up and find Gate 46. I arrived as the first passengers were boarding.

Look on the bright side. Being early, may be prudent and my first choice, but sitting at the gate, waiting to board, is boring. Circumstances had eliminated that "in limbo" state. Timing was perfect. Let's get on the plane and Go!

This was a full flight and it was taking a lot of time to get everyone aboard. Just when it looked like we were ready to leave, a commotion broke out, in the back of the plane. The flight attendants and a few passengers were scurrying up and down the aisle. Voices got louder and a group of guys were asked to step out to the boarding ramp, where one of the attendants and the Captain could speak with them. The decibel level increased and it was soon obvious that they were being thrown off the flight.

They were gone, yet we still didn't takeoff. The attendants were now checking the overhead compartments, to retrieve their luggage. Finally, doors closed and we began to taxi away from the gate. As our flight left the ground, I looked at my watch - 33 minutes behind schedule.

During the flight, the attendant filled me in on what had transpired. Four friends were flying to Las Vegas to surprise a friend, on his birthday. They were among the last passengers to board and each had carry-on luggage. At this point, the overhead bins were pretty full and they were asked to check their bags. They refused, rather adamantly. Trying to diffuse a potential problem, the flight attendants said if they could find room for their bags, they could keep them aboard. A couple of bags were placed in the first class cabin, although they were told the bags needed to be in the cabin where they were seated.

Then they started moving luggage around the bins, trying to make room for their own. At least one passenger told them to leave his luggage alone and an argument ensued. The attendant tried to intervene but the argument escalated and the language became abusive. At this point, the attendant and Captain tried to speak to them. After more arguing, they were told to leave the plane. Airport security was called and they were arrested as they disembarked.

The rest of the flight was uneventful.
Truth be told, I had had enough excitement. After the events of the day, realizing that I had forgotten to take the charger for my blackberry, seemed anti-climatic. I was just glad to land and check into the hotel. Hopefully, the Convention will be exciting, but less dramatic.

BTW, the hotel supplied me with a spare charger. Seems not only do a lot of guests forget to bring their chargers, another group forgets to take them home.

Travails of Travel - Part I

Sat, 28 Mar 2009 11:15:42 -0500

Part I - Troubled Waters Over A Bridge

I hate being late. Scenes of rushing across an airline terminal, with just enough time to make my flight, are not my idea of fun. So, when I arranged for a limo to take me to the airport, for my trip to the Prudential National Sales Convention, in Las Vegas, I left plenty of time. The limo company suggested a 2 o'clock pickup should easily get me to the airport, an hour before my flight. I opted for 1:30, knowing that the driver would likely show up 15 minutes early. That gave my 2 hours and 15 minutes for a trip that typically takes less than an hour and a half. It should have been more than enough cushion...or not.

The ride started out uneventful. My driver, Barry, opted for the Merritt, saying that early afternoon, southbound, it was usually a better choice than I95. Not a bad decision, as we moved along at a fairly good clip. We were still making good time as we left CT and entered Westchester County. Since we were ahead of schedule, there was not much concern when traffic began backing up, as we approached the Whitestone Bridge. "They're probably working on the bridge and maybe have a lane closed", Barry assured me.

We were now moving at a crawl and things started looking more ominous. We could see the bridge and a few cars moving northbound but there didn't appear to be any traffic heading towards Queens. "This makes no sense", Barry observed. "Cars are moving forward but they're not crossing the bridge. It's just like the Twilight zone. Cars are simply disappearing."

As we neared the toll plaza, the reason became apparent. The bridge was closed and traffic was being diverted into the northbound lane. We'd have to try to make it across the Throgs Neck Bridge. My cushion was starting to deflate!! Needless to say, with two bridge loads of cars, trying to go across one bridge, movement towards the Throgs Neck wasn't progressing much better.

Even less encouraging was Barry's suggestion that I start to check on alternate flights. Every few minutes, I glanced at my watch and recalculated time and distance to the airport. It wasn't looking hopeful. Eventually, we crossed over, into Queens, turned off, onto the Cross Island Expressway and traffic started to flow. "We're looking good, now", Barry cheered. "Let's not jinx it. We still have a ways to the airport", I countered.

As we approached Terminal 8, Barry offered, "I think it's safe to say, we're looking good, now." We had made it to the airport, with 48 minutes to check my luggage, clear security and make it to the gate.

Remember that image of rushing through the terminal with just enough time to make my flight. Piece of cake!!

Westport, CT - Plastic Bag Ban Now in Effect

Fri, 20 Mar 2009 16:34:30 -0500

Westport Goes Green. Plastic Bags Banned from Most Retail Use.

On September 2, 2008, The Representative Town Meeting (RTM) passed an ordinance to ban the use of plastic bags for retail checkout of purchased goods. Yesterday, that ordinance went into effect, making Westport the first town in Connecticut to institute a plastic bag ban.

The ordinance passed by a vote of 26 to 5, with one abstention. The six month delay in implementing the ban was put in place in order to allow time for establishments to use up their supplies of plastic bags and to prepare and educate Westport residents to the change.

The RTM is Westport's legislative body. Their stated purpose for the Retail Checkout Bags Ordinance is to encourage the use of reusable checkout bags. The new ruling applies to all retail establishments and restaurants. The ban does not apply to sales by residents, at their homes, such as tag sales or to sales by non-profit organizations. Arguably, the largest and most immediate effect of the ban is being felt at supermarkets.

There are some exclusions to the ban. Still allowed are the thin, plastic produce bags used to carry meats and produce to the checkout counter. Also, exempt are plastic bags with more than one opening, such as those used by the cleaners and plastic bags measuring 28" by 36", or larger.

Although "going green" and protecting the environment are currently popular issues, not everyone is quick to jump aboard the plastic bag ban. A plastic bag ordinance was proposed in the Connecticut State Legislature, but it never gained traction. A similar proposal, made to the city council in New Haven, CT, was rejected.

Some argue that while having consumers use recylable bags is a positive goal, the more likely result of the ban will just be the increased use of paper bags, which carries its own negative environmental issues.

Two years ago, San Francisco was the first United States city to ban the use of plastic bags. Los Angeles and Manhattan Beach, California have also passed plastic bag legislation.

PREA Convention

Mon, 16 Feb 2009 19:41:28 -0600

Hi fellow Pru agents. I was wondering if any of you are planning to attend the Convention, in Las Vegas. It would be great to meet other Prudential AR bloggers. Send me an e-mail and we'll see if we can arrange an AR Pru get together.

Marilyn

mail:MarilynKatz@Prudentialct.com

PREA Convention

Mon, 16 Feb 2009 19:40:48 -0600

Marilyn

mail:MarilynKatz@Prudentialct.com

Westport, CT - Don't Mess With Mother Nature

Thu, 12 Feb 2009 13:42:37 -0600

The tree-lined streets and backyards are among the features that make Westport a scenic town. Coupling that with above ground power lines and high winds sometimes truly brings us "back to nature", as in life without phone, cable or power. Today, brought one of those mornings.

I had heard the forecast for high winds, so it was not much of a surprise, when we lost power. We'd been through this before, so we knew the routine. While my husband hooked up the generator, I played with my new toy, a blackberry, and began returning e-mails. All in all, not so bad. The phone was still working and when the genny started humming, we found the internet was also unaffected. Hopefully , power would be restored, shortly.

But, Mother Nature had left us another surprise.

My husband and I were on our way to a funeral. As we left the house, we were confronted with yellow tape across the road. We approached, and were greeted by the sight of a fallen tree and downed power line pole. We got out of the car and neighbors informed us that initial crews estimated three hours before the street would be cleared and eight hours before the power was restored. It didn't look like we were going to make it.

This was not an appointment which could be rescheduled, so we put the car back in the garage, made a phone call and luckily found a friend who could pick us up. We hiked to the main road and waited for our ride.

We are now back home, the genny is still humming and the power company is working on installing a new pole. I guess today is one day I won't make it into the office.

Easton, CT - Comfortable Ranch Home

Wed, 04 Feb 2009 16:34:56 -0600

Marilyn Katz | Prudential CT Realty | 203-429-1041

155 Buck Hill Road, Easton, CT

Easton, CT Ranch Home

3BR/3BA Single Family House

offered at $449,900

Year Built	1964
Sq Footage	2,974
Bedrooms	3
Bathrooms	3 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	3.02 acres
HOA/Maint	$0 per month

DESCRIPTION

Comfortable ranch with lots of room for family entertainment or separate in-law apartment. Lots of storage space.

see additional photos below

PROPERTY FEATURES

Fireplace	Hardwood floor	Tile floor
Family room	Living room	Dining room
Breakfast nook	Dishwasher	Refrigerator
Stove/Oven	Laundry area - inside	Yard

OTHER SPECIAL FEATURES

Possible In-Law Apartment

ADDITIONAL PHOTOS

Seller contact info:

Marilyn Katz

Prudential CT Realty

203-429-1041

For sale by agent/broker

Equal Opportunity Housing

Posted: Feb 4, 2009, 2:22pm PST

Westport, CT, First Time Home Buyers - This is your market!

Fri, 30 Jan 2009 12:57:53 -0600

Have you been waiting for the right time to purchase a home? The planets may finally be aligned in your favor. Three factors have come together, to create an attractive buying opportunity.

More negotiable home prices
Historically low mortgage rates
First time buyer tax credit

More Negotiable Home Prices

At first blush, it doesn't appear that prices have softened, in Westport. Average selling price of a single family home remained flat, rising less than 1%, from $1,699,078 to $1,708,804, comparing 2007 and 2008. However, we see a different story if we just look at the 4^th quarter, comparing similar size and style homes. The average selling price of a 3-4 bedroom, 2-4 total baths, 2,000-4,000 s.f., not new construction colonial, declined 10%, from $1,173,631 to $1,059,532.

Clearly, prices are becoming more negotiable. Additionally, the proliferation of short sales and foreclosures are placing further downward pressure on home prices. In all likelihood, we may not have hit bottom, but trying to time the market could mean missing out on a good buying opportunity.

Historically Low Mortgage Rates

As with home prices, there is no way to guarantee a given date when you will receive the absolute lowest mortgage rate. However, mortgage rates are currently hovering at historical lows. During 2006 and 2007, the national average rate for a 30-year fixed, conforming loan was in the low to mid 6% range. During 2008, national rates averaged around 5.5%. As recently as 2000, rates were over 8%.

While rates are subject to change, yesterday, January 29,2009, Jeff Jensen, a certified mortgage planner with Connecticut Home Mortgage, quoted the conforming 30-year fixed rate at 4.875% and the Jumbo 30-year, fixed rate at 5.875%. These rates coupled with softening prices are an attractive combination.

First Time Buyer Tax Credit

In July, Congress enacted the Housing and Economic Recovery Act of 2008. Included in the package was a provision for a $7,500 refundable tax credit, available for first time home buyers. In reality, this tax credit is more accurately described as a zero interest loan, repayable over 15 years. For the purposes of eligibility, first time home buyers include anyone who hasn't owned a principal residence during the past three years.

The credit is for 10% of the purchase price up to $7,500. The full $7,500 credit is available to taxpayers with modified adjusted gross income of $75,000/year ($150,000 for couples.) Partial credit is phased out for higher earnings.

To qualify, the homes must be purchased on or after April 9, 2008 and before July 1, 2009. The credit May also be used for new construction as long as the home is occupied by July 1, 2009

All of these factors, plus the enviable position of not having a home to sell, makes it a opportune time to purchase your home.

First Time Home Buyers - This is your market!

To view Connecticut listings Search the MLS/IDX Only the listings of brokers participating in the Multiple Listing Service/Internet Data Exchange program will be displayed in this search.

Westport, CT - Looking Ahead to 2009

Mon, 05 Jan 2009 13:10:15 -0600

The Westport real estate market ended 2008 on a stagnant note, posting weak unit and dollar sales . As we begin 2009, there are currently 252 single family homes actively listed (not including 7 with agreed to offers.) This equates to eleven months of inventory, based on 2008 sales data. Most of the listings are not new offerings. The average time on market for these listings is 149 days, or approximately five months. This figure is understated, as it does not take into account the days on market, for those homes that were previously listed. During 2008, inventory averaged over 300 homes, with 281 active listings, in January 2008.

In the final month of 2008, approximately half of the single family, unit sales were for homes that sold for $1 million or less. Yet, in the current inventory, only 30% of the listings are in that price point. Clearly, the makeup of the market is out of synch with the current buyer.

What does this mean for the consumer?

For homeowners, now may be a good time to list your home. Inventory is the lowest it's been, in a year. Make sure your home is competitively priced. Pricing just under comparable properties may be all it takes to get you offers. Clearly, a two and a half million dollar home is not going to be sold for a million, but perhaps, your asking price may have to come down to $2.4 million or even $2.3 million. You may also consider offering buyer incentives, such as purchasing a home warranty or allowing a credit towards closing costs.

For buyers, the ball is in your court. Mortgage rates are at historical lows but they won't stay there forever. First, find out the price home for which you qualify. Don't be afraid to make an aggressive offer but remember you are not just buying an investment, you are buying a place to live. If the house is well priced, and it meets all or most of your wish list, there is nothing wrong with paying at or near asking.

THIS DATA IS COMPILED FROM THE CONSOLIDATED MULTIPLE LISTING SERVICE AND MAY NOT ALWAYS BE ACCURATE. NO WARRANTY IS MADE AS TO THE ACCURACY OF THIS INFORMATION. YOU SHOULD VERIFY ANY INFORMATION THAT IS IMPORTANT TO YOUR BUYING

To view Connecticut listings Search the MLS/IDX Only the listings of brokers participating in the Multiple Listing Service/Internet Data Exchange program will be displayed in this search.

Westport, CT - Home Sales Market Recap 2008

Sat, 03 Jan 2009 18:32:17 -0600

The turmoil in the housing market took a bit longer to hit Westport, CT, but by the end of the year, the market downturn had firmly taken hold. Annual home sales were off by a third, compared with 2007, for both units and dollar volume, with average selling price, essentially flat. As the year came to a close, the trend was definitively down.

Quarterly Recap

The Westport housing market held its own, for the first quarter of 2008. While unit sales dipped 28%, compared with the first quarter of 2007, prices continued to climb. The average sale price of a single family home, rose 16% to $1,748,446. Half of the homes sold, during the first three months of the year, sold for more than $1,339,000.

As Westport's moved through the spring market, its traditional insulation from housing downturns was no longer evident. In the second quarter, unit sales were down a precipitous 69%, compared with the corresponding quarter, a year ago. Average sold price fell 6%, to $1,654,202 and median sold price went from $1,550,000, in 2007, to $1,295,000.

The market firmed up, a bit, in the third quarter. Though still behind last year's pace, the number of homes sold was only off by 13%, compared with 2007. The median selling price rebounded to $1,500,000, topping the previous quarters by more than 10%. Homes also sold quicker. Average time on the market fell to 93 days.

The financial crisis took its toll on the real estate market in the final quarter of the year. More than one third fewer homes sold, compared with the comparable period, a year ago. Median selling price also declined, as sales shifted to the lower end of the market. Total dollar sales volume, for the quarter, dropped 45%. On the brighter side, mortgage rates dropped alongside prices, offering qualified buyers an opportunity for some of the best deals of the year.

To view Connecticut listings Search the MLS/IDX Only the listings of brokers participating in the Multiple Listing Service/Internet Data Exchange program will be displayed in this search.

Wordless Wednesday - What's Left of 2008 is For the Birds!

Wed, 31 Dec 2008 11:47:00 -0600

Interactive Top 10 List - Things to do if you don't celebrate Christmas

Thu, 25 Dec 2008 08:51:41 -0600

For everyone celebrating Christmas, this is a wonderful day to get together with family and friends, to exchange gifts and to share a festive meal. For those of us who don't celebrate the holiday, Christmas Day can feel like the longest day of the year. Here is a list of things to do, to get through the day.

This is an interactive top ten list, I've started it off with the first 5. Please add your suggestions to complete the list.

1. Go out for Chinese food. They're the only restaurants open.

2. Plop down in front of the TV and watch a marathon of old movies. Don't forget the popcorn.

3. Challenge the family to a Monopoly game day. See how long you can keep the game going.

4. Go out to the movies. Maybe even catch a "double flick."

5. Spend the day blogging. Save your posts in draft mode and release them throughout the week.

10.