market: 10 Things to Know About Real Estate in 2010
- 01/08/10 03:24 AM
Is 2010 the year to buy a house? Prices bottom, mortgage rates increase, and foreclosures move upstream It certainly looks that way: After a steep run-up in prices during the first half of the decade, home values have plummeted back to 2003 levels. Fixed mortgage rates are sitting near record lows. And the foreclosure epidemic—while painful for many home owners—has created some wonderful opportunities for bargain hunters. If that's not enough, Uncle Sam is handing out thousands of dollars in tax credits to nearly all first-time buyers and the bulk of existing home owners who close a purchase by June. But … (3 comments)
market: Existing home sales rose again in November
- 12/24/09 01:19 AM
Another Big Gain in Existing-Home Sales Existing-home sales rose again in November as first-time buyers rushed to close sales before the original Nov. 30 deadline for the recently extended and expanded tax credit, according to the NATIONAL ASSOCIATION OF REALTORS®.Existing-home sales - including single-family, townhomes, condominiums and co-ops - rose 7.4 percent to a seasonally adjusted annual rate of 6.54 million units in November from 6.09 million in October, and are 44.1 percent higher than the 4.54 million-unit pace in November 2008. Current sales remain at the highest level since February 2007 when they hit 6.55 million.Lawrence Yun, NAR chief … (0 comments)
market: Help your client SELL their home!
- 12/23/09 02:40 AM
10 Big-Impact, Low-Cost Remodeling Projects Working with sellers who have some-but not unlimited-cash for upgrades? Here are budget-minded enhancements you can suggest to make their home stand out. 1. Tidy up kitchen cabinets. "Potential buyers do open kitchen cabinets and look inside," says Morrissey. "Home owners can add rollout organizing trays so when buyers peek in, they feel like there's lots of room for their stuff." 2. Add or replace tile. "By retiling very inexpensively, you make a room look way cleaner that it was," says Javier Zuluaga, owner of Home Repairs and Remodeling LLC in Tempe, Ariz. "Every city has … (1 comments)
market: Home Buyer Tax Credit Myths
- 11/09/09 02:41 AM
Congress has passed new legislation that extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. The new legislation also includes a credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010. The video below investigates the top six myths surrounding the new home buyer tax credit. Let us help you take advantage of the new home buyer tax credit! … (2 comments)
market: The week just got a whole lot better!
- 11/06/09 06:37 AM
We have two great open houses planned this Sunday and the President signed an economic stimulus bill into law today, giving tax incentives to prospective homebuyers. Open Houses for Sunday, November 8th 104 Juniper Drive in Milford, CT 1:00-4:00
Move in Condition 4 bedroom, 2 1/2 bath Milford Hunt Colonial. From the bright eat-in kitchen with soaring cathedral ceiling and skylights to the beautiful 1st floor family room and living room with fireplace this is a home that should not be missed! 8 Great Hollow Road in Monroe, CT 1:00-4:00
Quintessential Connecticut Colonial-The freshly painted exterior, open kitchen, main … (0 comments)
market: Declines Moderating to under 5% in Connecticut's Housing Markets
- 10/27/09 05:23 AM
Center for Real Estate and Urban Economics Studies University of Connecticut The pace of decline in Connecticut's single family housing markets moderated throughout the state during the third quarter of 2009. In the middle of the market, preliminary numbers indicate that prices went down by less than 5% year-over-year, compared to 11-12% rates of decline in the first half of the year. The total decline since the peak in 2006Q1 is 17%. On an inflation adjusted basis Connecticut house prices are down about 26% since their peak. Several signs point to a moderating trend in the market. House price decreases during … (0 comments)
market: Buying a home in the recession
- 10/09/09 04:43 AM
Buying a House In a Recession In this informative video Bill Raveis equates today’s marketplace with past recessions and discusses the advantages of buying in a recessionary period. What do you think? Are there benefits to buying during a recession? … (0 comments)
market: Stratford, CT-What You Need to Know!
- 08/24/09 06:56 AM
Only 14 weeks left to take advantage of the $8000 First-time home buyer tax credit! If you are looking to make a purchase you must do so by December 1st in order to get the tax credit. For more information check out: www.federalhousingtaxcredit.com Bridgeport, CT - $140,00 - MLS# 98410770
1 bedroom unit at the Lofts on Lafayette Derby, CT - $189,900 - MLS# 98425782
Handicap Accessible 2 bedroom, 1 bath first floor unit Shelton, CT - $289,900 - MLS# 98421482
3 bedroom, 2.5 bath Colonial at the end of a cul-de-sac in family friendly neighborhood Stratford, CT … (0 comments)
Fabulous 1 bedroom, 1 bath unit in gated community Beautiful kitchen with island and stainless steel appliances Original re-done 1890 wood floors, exposed brick, and high ceilings Large full bath with washer and dryer The lofts on Lafayette are conveniently located near the train and 95 Great opportunity awaits you!
Call us anytime for a Complimentary Market Analysis (CMA)! … (1 comments)
market: Stratford, Connecticut- Good News??
- 07/23/09 06:14 AM
Existing-home sales hit 8-month high Inventories fall, adding hopes that the housing market is starting to recover. Posted by Elizabeth Strott on Thursday, July 23, 2009 10:33 AM
Existing-home sales rose 3.6% in June to an annualized pace of 4.86 million, to the highest level since October, the National Association of Realtors reported this morning. It was the third monthly increase in a row. "This represents yet another encouraging sign that the housing market is beginning to stabilize," Nomura Securities chief economist David Resler wrote in a note to clients. Economists had expected an annualized pace of 4.85 million last month. Sales are down … (0 comments)
Join us for our open house on Sunday, July 12th from 12-3
Stunning 4 bedroom, 2.5 bath Colonial with 2 car garage. Light, bright eat-in kitchen with access to deck overlooking serene yard. Entertainment ready formal dining room with hardwood floors. First floor offers living room, family room with fireplace, and 1/2 bath with laundry. Master bedroom suite with walk-in closet and full bath. Updates Include: new roof, newer carpet, new furnace, and new 2 zone central air. Located in sought after Great Hill neighborhood. Stop … (0 comments)
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