TeamShoreline Blog

Madison CT July 4th Activities.......

2008-07-01T19:26:28Z

Annual Fireworks
Starts Thursday, July 3, 2008 at 09:00 PM Ends Thursday, July 3, 2008 at 10:00 PM

4th of July Parade
Starts Friday, July 4, 2008 at 11:00 AM Ends Friday, July 4, 2008 at 12:00 PM Downtown Madison to Surf Club The is an annual parade sponsored by the Madison Exchange Club, featuring marching bands, floats, community groups, etc. This year the theme is "Our Environment, Let's Get Green", celebrating Madison CT proud heritage with a focus on the environment.

Concert on the Green
Starts Saturday, July 5, 2008 at 05:00 PM Ends Saturday, July 5, 2008 at 09:00 PM Madison Town Green Featuring Shoreline Youth Symphony Orchestra at 5pm, Ancient mariners at 6:15, Wallingford Symphony at 7pm. COME AND JOIN US! Tania Stetinin (203) 695-2544

News --- Weekend train service starts in Madison CT..............

2008-06-30T19:08:15Z

Governor Rell announced that the Shoreline East train service will be expanded to include WEEKENDS
beginning this Fourth of July weekend!

The service will provide eight westbound trains to New Haven and eight eastbound trains to Old Saybrook. The trains will also provide reverse stops at the Guilford station throughout the day.

Tied in with the new Madison train station (scheduled for completion in late July), this is great
news and a huge step forward for CT Shoreline commuters, residents and tourists!

To see the new schedule, you can visit their website at:
http://www.shorelineeast.com/trains_weekend.htm

Tania Stetinin

(203) 695-2544

Open House this Sunday July 6 in Madison.....1:00 to 3:00PM

2008-06-30T15:28:31Z

EXCEPTIONAL NANTUCKET SHINGLE STYLE COLONIAL IN DESIRABLE MADISON BEACH/SHORELINE AREA W/GOLF COURSE VIEWS!

QUALITY APPOINTMENTS INCLUDE: BRAZILIAN CHERRY FLOORING, GOURMET KITCHEN/PROF. STAINLESS APPL., STONE FIREPL, WATERWORKS DESIGNED BATHS, PROFESSIONAL LANDSCAPE DESIGN AND MUCH MORE!

OPEN THIS SUNDAY JULY 6 FROM 1:00 TO 3:00 PM. COME SEE THIS FABULOUS PROPERTY -- OR FOR MORE INFORMATION CALL TANIA @ (203) 695-2544.

OFFERED @ $1,695,000.

PHOTOS TO FOLLOW.......

Madison CT Middle Beach Beauty -- Open House this Sunday, June 29

2008-06-23T13:00:35Z

REMODELED 2625sf COLONIAL W/ WATERVIEWS, STEPS TO EAST WHARF BEACH! GOURMET KITCHEN. (GRANITE/VIKING/SUBZERO STAINLESS STEEL). MASTER BALCONY W/VIEWS! GARAGE WITH ADD'L FINISHED ROOM! WALKUP ATTIC/STORAGE OR "POTENTIAL" EXPANSION-VIEWS GALORE!

COME SEE THIS BEAUTY ON SUNDAY JUNE 29 FROM 1:00 TO 3:00 PM!

OFFERED @ $2,000K. FOR MORE INFORMATION CALL TANIA @ (203) 695-2544

HTTP://WWW.TEAMSHORELINE.COM

Open House this Sunday June 22 in Guilford.....1:00 to 3:00PM

2008-06-19T12:31:46Z

Great condo living within walking distance to Guilford Town Green. Pristine Knap Foundry end unit featuring:

2BD,2BA 2200 sq ft end unit with patio, new mechanicals, granite counters, updated baths, new hardwood flrs, marble foyer, cathedral ceiling in LR w/ Fireplace, large windows & and more. Walk to Town & Green. This unit is a must see! For more information call Tania @ (203) 695-2544.

Offered @ $524,900.

Shakespeare on the CT Shoreline....

2008-06-06T08:15:27Z

This is a CT Shoreline Guilford program that presents free outdoor performances of classic theatre on the historic Guilford Green each August.

This year the production will be Much Ado About Nothing which has been adapted to a 1970s setting. The performance dates are August 7 - 10, 7:30pm. Stay tuned for more.

TeamShoreline

(203) 245-4663

http://www.teamshoreline.com

Why are home buyers still so reluctant?

2008-06-06T07:56:23Z

This is the best time in real estate to buy a home --
Interest rates are still low, inventory levels are high, and prices are stable.

So why are buyers still waiting?

The media with its continuous doom and gloom scenarios aren't helping. On the CT Shoreline we are seeing some pick up in activity, but homes going on deposit are still lagging. Many are trying to time the market and may be burned as a consequence.

What are you seeing in your markets?

TeamShoreline

(203) 245-HOME

http://www.teamshoreline.com

Direct Waterfront in Clinton, CT - $200K PRICE REDUCTION!

2008-06-06T07:29:50Z

Simply Stunning AND Just Reduced to $2,399,000 (a $200K price reduction)

Direct Clinton CT Waterfront, originally built in 1890 this totally remodeled colonial features some of the most magnificent water vews on the shoreline. Multi-story resort style decks surround the home,providing the perfect spot to watch sunrises and sunsets.

If you or anyone you know is interested in CT waterfront living call us at (203) 245-HOME or visit http://www.teamshoreline.com

1st floor master bedrooms

2008-06-04T09:30:24Z

My last two buyers only wanted to see homes with 1st floor master bedrooms ... yes they were early stage baby boomers. In our local market of Madison CT finding a home with a first floor master usually means a ranch or a cape style home and probably one that was built several years ago. ... in other words the supply is limited.

The "Over 55" active adult home that feature a first floor master bedroom has not really appeared here yet probaby due to high land prices. There is an outside developer trying to build one such development here in town called "Madison Landing" however they have been held up for several years up by a local community group siting environmental concerns. So it you want to live along the shoreline in Madison CT in a home/condo with first floor master the choices are unfortunately few.

I believe this is a every growing demographic where demand will continue to increase and more and more baby boomers reach post retirement years. Our town at least, seems to be behind the power curve serving this market segment ... I would be interested in hearing from others that have experience in this area.

Don Epperson

Team Shoreline

Madison CT closed sales YTD through May 31, 2008...

2008-06-03T07:04:58Z

This graph represents closed home sales in the $500K to $750K range in Madison, CT from January 1, 2008 to May 31, 2008. For additional information call us at (203) 245-4663 or go to http://www.teamshoreline.com.

There were 15 homes closed in this price range since the first of the year at a median sales price of $561.0K, a SP/LP ratio of 96.0% and DOM of 125 days.

Data Source: MLS Middlesex Shoreline Association of Realtors

CT Shoreline Home Sales Statistics - May 2008 (Source: MLS Middlesex Shoreline Assoc of Realtors)

2008-06-03T06:48:27Z

For additional information go to our website @ http://www.teamshoreline.com and click on "What's our market doing?" or give us a call at (203) 245-HOME. This information will be updated monthly in order for you to view home sales activity on the CT Shoreline, and posted both on the TeamShoreline and Active Rain web sites.

Woodmont Day, Milford CT.....

2008-05-29T18:16:48Z

Save the date: The 48th Annual Woodmont Day will take place this year on Saturday, July 26 at the Trubee Doolittle Park.

Lots of activities for the family, food and entertainment. Many of us love the area and look forward to spending this day with family and friends.

For more information: http://www.woodmontday.org

or call Tania @ TeamShoreline (203) 245-HOME.

Annual Milford Oyster Festival.....

2008-05-29T17:54:15Z

The 34th Annual Milford Oyster Festival will be held on Friday August 15, 2008 5pm - 9pm & Saturday August 16, 2008 10am - 6pm

The Oyster Festival has been a local favorite event that attracts Milford residents as well as out ot town visitors who want to enjoy the sights, sounds, tastes and history of Milford, Connecticut at a fabulous family-oriented festival.

If you are in the area at this time do make a point of visiting this event. For more information: http://www.milfordoysterfestival.org or http://www.teamshoreline.com

Sex and the City comes to Madison CT cinema.....

2008-05-29T13:39:56Z

For all of you local 'Sex and the City' fans the Madison Art Cinema located in downtown Madison CT on the Boston Post Road starts showings tomorrow, May 30th. The theater is old style and the atmosphere is great. Three showings daily. Check it out at http://www.madisonartcinemas.com

For more info: http://www.teamshoreline.com

Having a home staged is important in today's challenging market.....

2008-05-29T10:30:13Z

In today's challenging real estate market, REALTORS who are also home staging specialists help homeowners market and showcase their homes for maximum impact to potential buyers.

Research has shown that properly staged homes sell for 5% more on average than non-staged homes and sell approximately 2-3 weeks faster.

Armed with an increased awareness of the principles of staging, real estate professionals who are also specialists in home staging are immediately able to better serve their current and prospective home sellers. These professionals have the tools to be able to assess a homeowner's property and then stage that property to maximize appeal and thus speed the sales process, often with minimal financial expenditure.

For information on how the benefits of staging might help sell your home, contact Tania Stetinin @ TeamShoreline.

http://www.teamshoreline.com

(203) 245-HOME

Save the Date -- Madison CT July 4 Fireworks.......

2008-05-29T08:29:04Z

MADISON CT ANNUAL JULY 4TH FIREWORKS:

WHEN: Thursday, July 3, 2008 @ 9:30 PM

WHERE: Launch off of barge on West Wharf Beach

The Madison CT fireworks should be viewable from most shoreline locations in Madison. The "Surf Club" provides excellent views of the fireworks and plenty of room for the entire family.

Shuttle service will be provided starting at 6PM from Stop and Shop and the Exit 61 commuter lots.

Come join us for this great annual event.

You can go directly to http://www.madisonfireworks.org for any updates, rain date, etc. or contact Steve Adkins at (203) 245-4663.

See you on the 3rd!

Branford, Guilford, Madison CT Luxury (over $1million)Home Sales 2008 YTD....

2008-05-28T05:52:57Z

The above graph represents closed sales and on deposit properties over $1 million in the towns of Branford, Guilford, and Madison CT as of January 1, 2008. Of the 22 total properties, 13 properties closed since the first of the year.

The average DOM for the closed properties is 151 days, the SP/LP is 92%, and the average sales price is $1.691 million.

During the same time period 2007, 24 properties closed with an average DOM of 140 days, with an average sales price of $1.521, and a SP/LP of 89%.

For more information go to http://www.teamshoreline.com or call us at (203) 245-HOME.

New Haven Symphony Orchestra director comes to Madison.....

2008-05-21T08:07:27Z

Maestro William Boughton to speak in Madison on Wednesday, June 11 @7:30 p.m,
Community Room, Scranton Library

William Boughton, the new Music Director of the New Haven Symphony Orchestra, will present a talk on his life as a conductor and founder of the English Symphony Orchestra.

Maestro Boughton was appointed in July 2007 after more than 25 years leading the English Symphony Orchestra and being a champion of contemporary British music.

http://www.teamshoreline.com

Taste the Shoreline in Guilford....

2008-05-20T06:11:17Z

Join area families on June 22 from 11:00AM to 8:00PM at the Guilford Fair Grounds for the annual Taste the Shoreline event.

This day will be filled with food from Guilford's many restaurants and food establishments. During the day, there will be family entertainment, including both live and recorded music, contests and children activities. Enjoy the evening with music accompanied by food served by some of the top restaurants on the CT Shoreline.

A great way to meet area families and enjoy the local food and festivities.

For more information: http://www.teamshoreline.com

Home sales to pick up in the second half of 2008.....

2008-05-18T15:13:29Z

Home sales and prices throughout most of the country will improve in the second half of 2008, and the recovery will vary by the local market, Lawrence Yun, chief economist for the National Association of REALTORS® said during NAR's Midyear Legislative Meetings & Trade Expo.

Middle-America cities that performed evenly over the past few years - like Cincinnati, Milwaukee and the Kansas City, Mo., area - are likely to experience home price gains in the 20 to 30 percent range over the next five years, while markets like Miami, Las Vegas and Phoenix could see prices go up as much as 50 percent during that time period, Yun said.

Yun blamed most of the softening of the housing market over the last year on the "subprime mess," where consumers with poor credit records got loans they couldn't afford when the interest rates reset to higher levels.

"In fact, if you look at where home prices fell the most, it's the markets where subprime loans were prevalent," Yun said..

Yun said. "While much of the media is focusing on the fact that the rate of foreclosures doubled this year from historic averages, the foreclosure rate has gone from 1 percent of all homeowners with mortgages to 2 percent. Foreclosures are being driven principally by subprime loans."

Yun further explained that more than half of today's foreclosures are concentrated in the subprime market. The majority of homeowners are making their mortgage payments on time.

Bottom line -- the subprime market has dried up, and loans insured by the Federal Housing Administration and those purchased by Fannie Mae and Freddie Mac are making a comeback, the housing markets will strengthen and prices will begin a steady uptick in the coming months.

For more information: http://www.teamshoreline.com

Featured Listing in Madison

2008-05-14T08:27:40Z

LIVE NEAR MADISON TOWN CENTER AND HAMMONASSET BEACH. WALK TO PRIVATE ASSN TENNIS COURT. HOME FEATURES CROWN MOLDINGS, KITCHEN WITH GRANITE, LARGE MASTER BR SUITE AND GENEROUS FAMILY ROOM WITH FIREPLACE. LIVING ROOM OVERLOOKS WOODS WITH ADDITIONAL FIREPLACE.

34 Richborough Road

Offered at $649,000

4 Bedrooms, 2.5 Baths, 2844 sq ft, full basement with walk out.........

For more information go to http://www.teamshoreline.com or call (203) 245-HOME!

Open House this Sunday May 18 in Guilford.....1:30 to 3:30PM

2008-05-13T05:33:35Z

Tastefully updated Gambrel painted in a neutral palette and located on a level 0.87 acre lot backing Audubon Society land close to everything.

Features include: remodeled kitchen with 'New Venetian' granite counter tops, spacious MBR suite, 900 sq ft finished basement with custom cherry wood cabinetry, hardwood floors, new carpets, newly paved driveway, brick wood burning fireplace, screened in porch, new powder room, small fenced yard, patio, storage shed, play scape, and much, much more...

Come this Sunday to see this fabulous property -- 1:30 to 3:30 PM.

OFFERED @ $424,500..............

FOR Information GO TO: http://www.teamshoreline.com or call Tania @ (203) 695-2544

Mortgage news.....

2008-05-11T17:08:18Z

Mortgage rates finally have calmed down, after swinging wildly up and down in the first few months of the year. That good news is amplified by the direction that rates took this week: down. The 30-year fixed had risen (modestly) three weeks in a row. The benchmark 30-year fixed-rate mortgage fell 3 basis points to 6.13 percent, according to the Bankrate.com national survey of large lenders.

-- "Mortgage Rates Dip Slightly this Week," by Holden Lewis, Bankrate.com, May 8, 2008.

Mortgage applications filed last week rose a seasonally adjusted 15.6 percent compared with the previous week, in line with falling mortgage interest rates, the Mortgage Bankers Association reported.

-- "Week-to-week Mortgage Applications up 15.6%," by Amy Hoak, MarketWatch, May 7, 2008.

For more information go to: http://www.teamshoreline.com

Home price indexes may be overstating housing problem.....

2008-05-11T17:04:35Z

Commonly cited measures of U.S. home prices are overstating the degree to which the vast majority of Americans' home values have declined in the last year, producers of two of the most widely tracked indexes acknowledged this week. "Just like saying the average nationwide temperature today is 57 degrees doesn't tell you anything, the same is true for real estate prices. The only way to tell what your own home is really worth is to look at local-market conditions, do Internet research and utilize professionals (such as licensed appraisers) to help determine the value of your home."

-- Lawrence Yun, chief economist for the National Association of Realtors^{®, "Home-price Data has its Flaws," by Chris Plummer, MarketWatch, May 1, 2008.}

^{For more information go to: http://www.teamshoreline.com}

Media is questioning housing data.....

2008-05-11T17:01:25Z

The financial press is worried that they might have gone too far - paralyzing the nation into recession by piling on housing. So they're finally beginning to question the indexes where they get their data, and whether the news is really as bad as it seems.

Slowly but surely, headlines are changing from ‘Don't Buy a Home Now' to ‘Is It Time to Buy?'

-- "Realty Viewpoint: Why Buy Now? Media Is Wrong About Housing Slump," by Blanche Evans, Realty Times, May 5, 2008

For nore information contact us at http://www.teamshoreline.com