New Haven County, CT Real Estate News

Episode 28 of the Tax Rep Network Podcast just hit the podcast network and it features a discussion with me and the IRS Criminal Investigation's Special Agent in Charge of the Boston Field Office, Kristina O'Connell.  The topic was, of course, how IRS Criminal Investigation uses confidential info... 08/06/2018

Imagine coming home at the end of a long day.... Actually, imagine coming home any day to your 2 story contemporary colonial parked on Morgan Ave.   Now, Morgan Ave. is a road that follows the waters edge, allowing you unbelieveable water views of the LI Sound.  Morgan ave leads you to Morgan ter... 08/02/2018

Some Highlights: Whether you are selling your CT home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI). Minor bathroom renovations can go a long way towa... 06/21/2018

Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the ... 05/21/2018

The famous quote by Walt Whitman, “A man is not a whole and complete man, unless he owns a house and the ground it stands on,” can be used to describe CT homeownership today. The Census revealed that the percentage of homeowners has been steadily climbing back up since hitting a 50-year low in 2... 05/18/2018

Some Highlights: Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking much about it. Living within a budget right now will help you save money for down payments while also paying down other debts that might be holding you ... 05/17/2018

 I would like to wish all mothers a very Happy 2018 Mother's Day.  On Mother's Day we always try to do something special for the Mother's at our Church.  So the last seven years we have started what has become a tradition for us, serving breakfast to our mother's and expecting mother's to be on M... 05/12/2018

Owning a home in CT has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying remains the more attractive ... 04/05/2018

  CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the propertie... 03/26/2018

Some Highlights: CT interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now. Don’t wait until rates hit 5% to start searching for ... 03/21/2018

On a pleasant, but brisk Sunday afternoon we were driving through Eastern Ma and stopped to admire one of the bridges across the Cape Cod Canal.  The canal connects the Boston bay area with a short travel to Buzzards bay and the southern New England coastline.  This saves the long path around the... 03/18/2018

An ideal 2 bedroom town-home condo in Waterbury's East End.  Convenient to highway and shopping.MLS# 170062324Listed for sale at $62,000 Drive right into the garage below the unit and walk up to this 2 bedroom condo with hardwood flooring.Newer appliances in kitchen and a private balcony ideal fo... 03/18/2018

A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” like the one we experienced from 2006-2008. Recently, several housing experts weighe... 03/14/2018

The focus of our practice is civil and criminal taxpayer representation, and so we wanted to make everyone aware that the IRS has announced it will begin to shut down the 2014 Offshore Voluntary Disclosure Program (OVDP). The program will close on September 28, 2018. Therefore, U.S. taxpayers wit... 03/14/2018

  The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009. One of the key indicators used in the report to... 03/13/2018

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permit... 03/12/2018

We did a vacation to the deep south Pacific  this winter, working on the 'wish list'.On a day trip to the town of Tauranga on the north island of New Zealand we were treated to many eye catching scenes as well as some semi-familiar items.The next set of photos were taken as we walked around the b... 03/11/2018

As part of our tax and estate planning practice in Connecticut and New York we do a lot of planning and estate administration.  Part of the estate documents we and many other planners put together include terminology regarding “Portability”.  In 2010, Congress introduced into the tax code with In... 03/10/2018

Over 8,800 Identities Stolen from the U.S. Army, Alabama State Agencies and Georgia Businesses We focus our practice on tax matters, and I in particular on civil and criminal tax controversy issues.  I can assure those of you who have never had to go through the pain of unwinding your identity be... 03/08/2018

A Nor'Easter'  visits the North East and dumps a Bunch of SnowIt has been a bit mild for our Prospect CT winter and for those of us that look to something other than a rodent for indications of an early spring. The wait for warmer weather just got a little longer.The groundhog predicted another 6... 03/08/2018